The SBCTC Allocation Model for Higher Education Funding
Explore the intricate allocation model governing the distribution of funds within the State Board vs. District Fiscal Responsibilities for colleges and universities. Learn about budgeting processes, minimum operating allocations, performance funding, and what falls outside the model's scope.
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Presentation Transcript
Overview of the Allocation Model Stephanie Winner SBCTC Operating Budget Director January 2024
STATE BOARD VS. DISTRICT FISCAL RESPONSIBILITIES General supervision and control over the state system Prepare a single budget for the support of the system Establish guidelines for the disbursement of funds; and receive and disburse such funds for operations and capital support of college districts STATE BOARD RCW 28B.50.090 College operations - hires president Prepare local priorities for operating and capital budgets and submit to State Board Establish new campus facilities Establish fees Spend operating and capital allocations consistent with local priorities and Legislative/State Board guidance DISTRICT TRUSTEES RCW 28B.50.100-140 2
HOW THE DOLLARS FLOW Tuition, Fees, Grants, & Contracts Legislative Appropriation Act SBCTC - Allocation Model SBCTC Safe Harbor Provisos & Earmarks MOA DEAB Weighted Enrollment SAI College District - Budgeting Process College Departments 3
WHAT IS IN THE ALLOCATION MODEL MINIMUM OPERATING ALLOCATION Minimum amount for operations - $2.85 million per campus (includes some M&O provided in the capital budget due to a Legislative fund swap in early 2000) STUDENT ACHIEVEMENT INITIATIVE PERFORMANCE FUNDING $5.25 million in budget bill. State Board policy allocates 5% of total state appropriations $61 million in FY 25 MOA SAI WEIGHTED/PRIORITY ENROLLMENT FTE Four enrollment categories receive an additional weight of .3 per student FTE: Adult Basic Education STEM Upper-Level BAS Skills Gap DISTRICT ENROLLMENT ALLOCATION BASE Provides base funding and an annual enrollment target based on a rolling, 3-year average of past state enrollments. If no colleges are over target, colleges retain their target from the prior year. WEIGHTED PRIORITY FTE DEAB 4
WHAT IS OUTSIDE THE MODEL SAFE HARBOR Language in appropriations act that places conditions from legislature on the use of the funds Examples: Guided Pathways, Worker Retraining, MESA, I-BEST, and college- specific projects such as Wildfire Prevention Program at Wenatchee Valley College BUDGET PROVISOS Compensation funding includes wage increases, health benefit rate changes, paid family leave and pension rate change Compensation funds are distributed based on each district's share of salary or benefit expenditures in the prior fiscal year Compensation, M&O, and Leases are held in safe harbor for four years. COMPENSATION M&O LEASES Program or population-specific funds identified by the State Board Reviewed annually, funds can remain in safe harbor indefinitely Examples: Opportunity Scholarship, Centers of Excellence, Workforce Development Projects, funds for Disability Accommodations and Students of Color STATE BOARD EARMARKS 5
2023-24 OPERATING BUDGET ALLOCATION $ IN MILLIONS 6
QUESTIONS? Stephanie Winner Operating Budget Director 360-704-1023 swinner@sbctc.edu Note: All material licensed under Creative Commons Attribution 4.0 International License.
