California Budget Update: Focus on Stability Amid Budget Deficit
The California budget update addresses stability amidst a significant deficit, emphasizing minimal core program reductions and utilization of reserves. Key education priorities remain funded, including higher education compacts.
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Budget & Resource Development Subcommittee TREY research September 11, 2024
BRDS Committee Charge/Purpose TREY research 2
BRDS Committee Charge/Purpose TREY research 3
BRDS Committee Membership Faculty Co-chair Administrator Co-chair Dawn Diskin Brett Bell Administrator VPA Administrator VPI Administrator VPSS Brett Bell, VPA Michael Odu, VPI Adrian Gonzales, VPS Faculty BTCWI Faculty Liberal Arts Faculty MBEPS Faculty Public Safety Faculty Academic Services Faculty Student Services AS Designee to District Budget Council Dawn Diskin - BTCWI Channing Booth - Liberal Arts Rebecca Bowers-Gentry - MBEPS Mary Kjartanson - Public Safety VACANT - Academic Services Cristina Garibay - Student Services Pablo Martin - AS President Classified Designee Classified Technology Support Classified Business Office Accounting Supervisor Classified Designee Donna Sanmur - Designee Carlos Pelayo - Technology Support Denise Kapitzke - Director of Admin Svs Michael Brown - Designee Student Student VACANT VACANT TREY research 4
BRDS Committee Meeting Calendar Wednesday, September 11, 2024 Wednesday, September 25, 2024 Wednesday, October 9, 2024 Wednesday, October 23, 2024 Wednesday, November 13, 2024 Wednesday, November 27, 2024 Wednesday, December 11, 2024 Wednesday, December 25, 2024 Wednesday, January 8, 2025 Wednesday, January 22, 2025 Wednesday, February 12, 2025 Wednesday, February 26, 2025 Wednesday, March 12, 2025 Wednesday, March 26, 2025 Wednesday, April 10, 2024 Wednesday, April 9, 2025 Wednesday, April 23, 2025 Wednesday, May 14, 2025 Wednesday, May 28, 2025 1:30 p.m. - 3:00 p.m. 1:30 p.m. - 3:00 p.m. 1:30 p.m. - 3:00 p.m. 1:30 p.m. - 3:00 p.m. 1:30 p.m. - 3:00 p.m. DARK 1:30 p.m. - 3:00 p.m. DARK DARK DARK 1:30 p.m. - 3:00 p.m. 1:30 p.m. - 3:00 p.m. 1:30 p.m. - 3:00 p.m. 1:30 p.m. - 3:00 p.m. 1:30 p.m. - 3:00 p.m. 1:30 p.m. - 3:00 p.m. 1:30 p.m. - 3:00 p.m. 1:30 p.m. - 3:00 p.m. 1:30 p.m. - 3:00 p.m. L-108 L-108 L-108 L-108 L-108 DARK L-108 DARK DARK DARK L-108 L-108 L-108 L-108 L-108 L-108 L-108 L-108 L-108 TREY research 5
California Budget Update Focus on stability in the context of a significant budget deficit No major core reductions to programs or services Draws on reserves and savings to balance budget Maintains funding for key education priorities: Higher education compacts with the UC and CSU $18M for two projects to support Vision 2030 priorities TREY research 6
SDCCD Budget Update Overview of SCFF Basic Allocation Fixed amount based upon number and size of colleges and centers FTES Allocation Revenue earned based upon 3-year average Supplemental Allocation Revenue earned based upon headcount of AB450, Pell, California College Promise Grant Success Allocation Revenue earned based upon 3-year average of success outcomes Districts are funded on the greatest of their actual SCFF calculation, Hold Harmless, or Stability amount Stability 1-year protection based on prior year SCFF calculation adjusted by current COLA Hold Harmless Protection Minimum SCFF funding is a district s 2017-18 apportionment funding adjusted by COLAs TREY research 7
SDCCD Budget Update TREY research 8
SDCCD Budget Update PERS contribution rates increase from 26.68% to 27.05% Medical contributions are estimated to increase almost 7% Must prepare for State revenue volatility, deferrals, or deficits Unfunded FTES 326 unfunded in FY24 TREY research 9
2024-25 Adopted FTES & FTEF Targets 2024-25 FTES 3,176.25 147.75 3,320.25 678.30 7,322.55 2023-24 FTES 3,117.00 3,245.25 621.00 7,041.00 Change Fall Intersession Spring Summer 59.25 90.00 75.00 57.30 281.55 57.75 Public Safety 1,257.00 1,209.00 48.00 Total FTES 8,579.55 8,250.00 329.55 2024-25 FTEF @ 15 488.17 2023-24 FTEF @ 15 469.40 Change Total FTEF 18.77 TREY research 10
2024-25 Adopted Budget 2024-25 Adopted 11,676,320 10,088,982 23,765,078 2023-24 Adopted 10,965,847 7,822,011 20,331,493 Change 710,473 2,266,971 77,835 84,593 241,051 52,662 3,433,585 Academic Classroom Academic Classroom Adjunct / Overload Substitute Dept. Chair ESU Dept. Chair Reassigned Time Other Reassigned Time TOTAL FTEF ALLOCATIONS 324,968 483,831 913,381 277,596 247,133 399,238 672,330 224,934 22,579,577 19,626,845 2,952,732 Balance of Contract Salaries 4,160,226 3,910,162 250,064 Public Safety 1,006,657 1,015,657 (9,000) Discretionary 51,511,538 44,884,157 6,627,381 ALLOCATION BY FORMULA 1,038,744 1,036,328 2,416 Adjusting Contractual Items 332,868 293,576 39,292 Reserves and Encumbrances 52,883,150 46,214,061 6,669,089 TOTAL ALLOCATION TREY research 11
Questions ? TREY research 12
