Budget Committee
This document outlines the roll call, agenda, and goals of the Budget Committee meeting held on April 11, 2023. The committee members, including chairpersons and representatives from various departments, are listed. The agenda covers key topics such as budget development, state budget understanding, communication strategies, reporting requirements, and expenditure analysis. The committee's goals focus on budget education, streamline processes, communication improvement, establishing compensation benchmarks, and understanding funding sources.
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Presentation Transcript
Budget Committee April 11, 2023
Roll Call Chair: Vice President, Finance & Administrative Services Sr. Director, Fiscal Services Co-Chair Dr. Todd McDonald Nancy Lane Barbara Baer President of the Faculty Senate designee Wendy Nelson Vice President of the Faculty Senate Jenny Fererro Past President, Faculty Senate Leanne Maunu Secretary of the Faculty Senate Molly Faulkner PFF President Lawrence Lawson Palomar Faculty Federation Representative Joel Glassman Vice President, Instruction Dr. Tina Recalde Student Services Representative Dr. Brian Ellison Human Resources Representative Christine Winterle Sr. Director, Enrollment Services Dr. Kendyl Magnuson (Adrianne Lee) Administrative Association Representative Nancy Lane Confidential and Supervisory Team Representative Dayna Schwab Classified Unit Employee Representative (3) Anel Gonzalez, Tricia Frady, George Frederick Student Representative Cassandra Collier
Agenda Roll Call Approval of Minutes ACCJC Fiscal (Nancy Lane) and Annual ACCJC Report (Michelle Barton) PRP Resource Allocation Committee Recommendations (Michelle Barton) 320 Report Update (Nancy Lane from Dr. Kendyl Magnusson) January Proposal Budgeting Process Part I 311Q2 Report Overview January Proposal Budgeting Process Part I 311Q2 Report Overview 3
FY 2022-23 Budget Committee Goals Budget 101 Budget Development gain understanding of and streamline (bring up budget development document and ensure broad understanding) (include PRP Process) (how do programs receive funding?) State Budget - Understanding January Proposal, May Revise and Enacted Budgets Communication In and Communicate Out: Develop content to disseminate to groups Forum for other councils/committees to ask question Communication of ending balances reduce surprises Reporting Understanding Quarterly and Annual 311 Report FAQ Establish 85% Compensation vs. Total Expense Goal (arrive at consensus for Palomar) Understand HEERF Expenditures and Budgets what was covered? How was it spent? Include concepts on new COVID-19 Recovery Block Grant $9.7M over 5 years. ECA Emergency Conditions Allowance: what are the requirements for receiving 4
Subgroup re Compensation vs. Expenses - Goals Barbara Baer Jenny Fererro Tricia Frady Joel Glassman Anel Gonzalez Nancy Lane Dr. Todd McDonald Dr. Star Rivera-Lacey (optional) Dr. Leslie Salas Brandi Taveuveu Wendy Nelson Christine Winterle Meeting dates: 10/25/22, 2/28/23, 4/25/23 On 5/9/23 report back to full committee 5
Future Meeting Dates Topics Special Request Topics Other Items 10/11/2022 Finalize Student Equity language Co-Chair Finalize Goals for FY23 10/25/2022 85% Subgroup Only 11/8/2022 PT Faculty Health Benefits Barbara Baer Special Guest Jim Buysse on 85% 12/13/2022 LAO Update Barbara Baer ECA Michelle Barton 2/14/2023 January Proposal Barbara Baer Budgeting Process Part I and Calendar 311Q2 Report Overview 2/28/2023 85% Subgroup Only ACCJC/FCMAT PPT on Fiscal Health 3/14/2023 4/11/2023 ACCJC Annual Fiscal Report PRP Resource Allocation Committee Recommendation 320 Report 4/25/2023 85% Subgroup Only Complete PPT for Final Report Back on 85% 5/9/2023 Finalize summer meeting date(s) 85% Subgroup Report to full committee 5/23/23 Tentative Budget May Revise
