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2018/19 Budget Message Highlights Presenting a balanced budget - - PowerPoint PPT Presentation
2018/19 Budget Message Highlights Presenting a balanced budget - - PowerPoint PPT Presentation
2018/19 Budget Message Highlights Presenting a balanced budget Economic Environment Development Process Resources Assumptions Economic Environment Student FTE 6,500 6,000 6,232 5,764 5,500 5,890 5,495 5,000 5,333 4,884
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Economic Environment
Student FTE
4,277 4,999 5,890 6,232 5,764 5,495 5,333 4,884 4,547 4,502 4,277
3,500 4,000 4,500 5,000 5,500 6,000 6,500 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 Est.
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Economic Environment
State Reimbursement (millions)
$375 $411 $428 $500 $432 $395.5 $465 $550 $570 $19.0 $18.4 $16.9 $17.1 $13.0 $11.2 $15.8 $19.2 $18.7 $‐ $5.0 $10.0 $15.0 $20.0 $25.0 $300 $350 $400 $450 $500 $550 $600 2001‐03 2003‐052005‐072007‐09 2009‐11 2011‐13 2013‐15 2015‐17 2017‐19
State Appropriations Rogue's Share
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Development Process and Resources
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State Operations 22.0% Property Taxes 32.5% Tuition & Fees 32.9% Other Revenue & Transfers In 12.6%
Revenues
(General Fund and College Services Fund)
2018‐2019 Proposed Budget
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FY 2017/18 Adopted Budget $ 47,207,321 State Operations $ 729,559 Property Taxes $ 612,230 Tuition and Fees $ (571,852) Other $ (18,000) Transfers In $ 2,542,863 Beginning Fund Balance $ 1,459,249 FY 2018/19 Proposed Budget $ 51,961,370
Budget Changes – Revenues
General Fund and College Services Fund Combined
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Personnel & Other 68.6% Material & Services and Capital 20.1% Transfers Out 11.4%
EXPENDITURES*
(GENERAL FUND AND COLLEGE SERVICES FUND)
2018‐2019 PROPOSED BUDGET
*Excludes Contingencies and Reserves for Future Years
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FY 2017/18 Adopted Budget $ 47,207,321 Personnel $ 606,696 Other Personnel $ 661,424 Materials and Services District $ 2,939,375 Materials and Services Non District $ 16,715 Capital $ 25,402 Transfers $ 305,071 Contingency $ (78,084) Reserve for Future Expenditures $ (120,922 FY 2018/19 Proposed Budget $ 51,961,370
Budget Changes – Expenditures
General Fund and College Services Fund Combined
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Tuition Increase Enrollment decline PERS Increase New facility costs Significant draw on reserves and one time dollars Community College Support Fund
2019/20 Budget Assumptions
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Curtis Sommerfeld
541‐956‐7238 curt@roguecc.edu
Lisa Stanton
541‐956‐7024 lstanton@roguecc.edu