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North Orange County CCD. 2011-2012 Tentative Budget Assumptions June 28, 2011. 2011-12 Tentative Budget. Rollover Budget Starting point based on Governor’s May revise budget and subsequent budget updates Based on “Scenario A” Focuses on On-going Resources

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north orange county ccd

North Orange County CCD

2011-2012

Tentative Budget Assumptions

June 28, 2011

2011 12 tentative budget
2011-12 Tentative Budget
  • Rollover Budget
  • Starting point based on Governor’s May revise budget and subsequent budget updates
  • Based on “Scenario A”
  • Focuses on On-going Resources
  • Final analysis of assumptions, Position Control, and new budget developments needed prior to Proposed Budget in September

1

2011 12 tentative budget ftes
2011-12 Tentative Budget FTES
  • Assumes funding for 92.6% of 10-11 Estimated Actual FTES
  • 11-12 Target established at 33,338, including:
    • 318 FTES reduction for SCE
    • 2.21% growth FTES for CC and FC
    • 5% workload reduction for CC, FC, and SCE
      • Cypress – 11,030
      • Fullerton – 17,498
      • SCE – 6,252.17
    • Projects unfunded FTES at 0.63%

2

major revenue assumptions
Major Revenue Assumptions
  • Base of $148.4 million, made up of:
    • Basic Allocation and FTES funding – $157.5 million
    • Net apportionment reduction of 5.8% – ($9.1 million)

3

major expenditure assumptions
Major Expenditure Assumptions
  • Salary and Benefits increase of $2.7 million
    • 0% increase for 2010/11
    • 0% increase assumed for 2011/12
    • 10% increase in medical benefits
    • .7% increase in PERS rate
    • .89% increase in SUI rate
    • Includes Step & Column increases
    • No assumption made for STRS rate increase – cost of each 1% = $510,000

5

major expenditure assumptions continued
Major Expenditure Assumptions(continued)
  • Retiree Medical Costs increased by 10%; $504,914
  • District-Wide Expenses adjusted for institutional memberships and Child Care contribution – net increase of $24,806
  • Suspended Contributions to Self Insurance Fund and Retiree Benefits Fund – ($2.7 million)

6

additional budget information
Additional Budget Information
  • Previous Budget Plan Vetoed on June 16
  • New Plan Announced to Approve a Majority-Vote Budget
    • Gives up on vote for extended taxes
    • Replaces “creative” solutions with assumed higher revenues
    • If revenues do not materialize, $2.6 billion in cuts will be triggered
    • Risk to Community Colleges is $150 million…a move from Scenario A to Scenario B

10

nocccd scenario b impact
NOCCCD “Scenario B” Impact
  • Additional Reduction - $ (5,786,000)
  • On-going Deficit - $ (9,679,946)
  • FTES:
    • Scenario A – 6.15% vs. 5.0% planned; 1,754.64
      • Additional Reduction in FTES of 403.55
    • Scenario B – 10.05%
      • Additional Reduction in FTES of 1,368.62

11

nocccd approach
NOCCCD Approach
  • Planned course of action (Scenario A) still recommended to allow for a methodical approach to reductions
  • Excludes:
  • Retiree Benefits Contribution - $1.5 million
  • Self Insurance Contribution - $1.2 million
  • Non-Faculty Vacancies - $2 million
  • Scheduled Maintenance Contribution - $2 million

12