Mission College Budget Summary and

Implications

One-time Funds Expected in Year-end Balances

1. District Reduction Target $2,600,0002. Office the Top Using Contingency $600,0003. District’s Share (25%) $500,0004. To be split between Colleges $1,500,000 (1-2,3)5. WV’s share (53%) $795,0006. Mission’s Share (47%) $705,000

Mission will utilize salary savings and year-end operating Budget balances.

Mission college11-12 Budget shortfall Plan

To be planned in 2011/2012. To take effect in 2012/2013

1. District Reduction Target $3,000,000

2. District’s Share (18%) $540,000

3. To be shared by Colleges $2,460,000 (1-2)

4. WV’s share (53%) $1,303,800

5. Mission’s Share (47%) $1,156,200

WVMCCD Budget reduction targetsfy 2012-2013

Budget Reduction planning Timeline- fall 2011

Budget Reduction Planning Timeline – Fall 2011 September 15 Mission College forum brainstorms and responses to

PC for a framework

September 28 PC framework goes to GAP for review and discussion

October 5 GAP workshop - GAP discusses reduction modalities Considering three alternatives:

1. least harmful, 2. somewhat harmful, and 3. most harmful

October 12 GAP workshop – continue framework & options October 19 GAP Workshop – Constituent draft approval October 20 Draft goes to constituents for review (AS, CS & ASG) November 9 Constituent responses to GAP November 16 GAP recommendation to President November 30 Mission Decision – by President December 1 Office of Administrative Services to submit 12/13 MC

budget reduction plan to district finance office

framework

• All budget reductions met the “least harmful” recommendation given to the president by the college through our budget focus workshops

• Additional reduction of $150,000 due to the RAM transition also completed by “least harmful” measures – though our reserves are depleted in doing so – this transition takes care of the 11/12 monies

• District backfill noted in the RAM is based on monies the college saves – this will not occur in 11/12 due to 2% shortfall

Implications

• 12/13 Mission College will have to give another $150,000 as continued transition to West Valley

• 12/13 may have additional cuts dependent on the state budget situation

• 12/13 has no backfill from the district as noted in the RAM (additional reductions necessary)

• Need to move from “least harmless” to other possible solutions

What are we Facing

• Land Corp money used for one time spending needs

• Somewhat Harmful or Most Harmful solutions depending on budget implications

• Integrated Planning that utilizes all possible revenues for college goals

• Enrollment growth beyond our target

• Efficiencies in all areas of the college

How Long is this going to last?

• 12/13 predicted to be the worst year

• 12/13 economy rebounding before education sees the revenues

• 12/13 economy rebound means fewer students coming back for retraining (implications for CTE)

• 12/13 continued transition of RAM dollars to West Valley

• 12/13 review of ftes split and further money transition to West Valley