Budget Planning Overview for Foothill College 2023-2024
Foothill College is navigating budget challenges and enrollment trends as they plan for the upcoming academic year. With a focus on sustainable financial management, the college is making strategic decisions to allocate resources effectively. Explore the details of budget history, enrollment figures, division allocations, and future plans in this comprehensive overview.
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1320 Budget Planning for 2023- 2024 Kurt Hueg, Interim Vice President of Instruction Bret Watson, Vice President of Finance and Administrative Services 1 1 Foothill College, 12345 El Monte Road, Los Altos Hills, CA 94022 | foothill.edu Foothill College, 12345 El Monte Road, Los Altos Hills, CA 94022 | foothill.edu
Foothill College Enrollment by Academic Year 2017-2018 11,833 FTES 2018-2019 11,171 FTES 2019-2020 10,755 FTES 2020-2021 10,195 FTES 2021-2022 8,441 FTES 2 2
Five Year Trends Over a five-year period, Foothill lost 29 Percent of its enrollment measured in FTES. 3 3
1320 Budget Recent History With Prior Year FTES 2019-2020 $13,430,634 (11,171 FTES) 2020-2021 $13,041,156 (10,755 FTES) 2021-2022 $11,561,525 (10,195 FTES) 2022-2023 $9,250,645 (8,441 FTES) 4 4
Supplementing the 1320 Budget In the current year the campus will be augmenting its 1320 budget by $2.2 million, which is not sustainable. For 2023-2024, the campus is committing to augment its budget but $1 million The divisions must schedule accordingly 5 5
Quick Facts About 1320 Part time and overload assignments account for approximately 61% of all FTEF Full time assignments account for 39 percent of all FTEF Over the past five years this has fluctuated very slightly +- 2% 6 6
How we use 1320 The proportion of 1320 used by each division fluctuates. Example is Fall 2022 with corresponding total FTES BSS 32.1% 28.28% FTES Counseling 1.04% 1.06% FTES Fine Arts 15.64% 17.40% FTES Health Sci 15.11% 10.19% FTES Kins/Athl 2.60% 5.08% FTES Lang Arts 10.65% 9.66% FTES STEM 22.79% 28.04% FTES 7 7 Std Rec/DRC .03% .05% FTES
Planning for 2023-2024 The college will allocate a total load for the academic year to each division that keeps us within the budget, and accounts for $1 million in one- time funds to augment the 1320 budget. 8 8
Planning for 2023-2024 For Summer 2023, the college is allocating approximately 80% of the load it did in 2022, from 33.8 to 27 FTEF, for a cost savings of approximately $480,000 @ 6.8 FTE We anticipate this will result in 150-180 FTES decline from 2022 9 9
Planning for 2023-2024 Because the reductions in summer are higher, the impact to the three regular terms will be less dramatic. 10 10
Dont we lose money if we reduce FTES? Because the District is within a hold harmless budget threshold, it does not receive extra apportionment funding until it gains back approximately 2,000 FTES. We hope to mitigate FTES loss with higher productivity 11 11
Goals for next year By minimizing losses in Fall, Winter and Spring, and with small load reductions, we can earn back some FTES. District enrollment management committee goals. 12 12
