CAMPUS BUDGET FORUMS APRIL 2019 PRESENTED BY: DR. DAVID BEA FY20 - - PowerPoint PPT Presentation

CAMPUS BUDGET FORUMS

APRIL 2019 PRESENTED BY: DR. DAVID BEA

FY20 COLLEGE PRIORITIES

• Provide a cost of living increase for faculty and staff
• Minimize additional position reductions
• Keep tuition increases to a minimum
• Review high-cost programs with regards to changing the Differential Tuition structure
• Increase funding for Student Life and co-curricular activities
• Fund the first phase of the employee classification & compensation study
• Create a mechanism to financially support outcomes and recommendations from

program review

• Add professional advisors to improve advisor to student ratio
• Increase marketing, particularly digital

ACTUAL EXPENDITURES

• VS. EXPENDITURE LIMITATION

$87,572 80,000 85,000 90,000 95,000 100,000 105,000 110,000 115,000 120,000 125,000 130,000 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

($ 000s) Fiscal Year

Expenditure Limit Actual Expenses

WHAT WE’VE DONE

• Elimination of

approximately 200 positions

• Reduction of operational

costs

• Credit card service fee
• Athletics
• Community Campus
• Helpful changes
• Cash management &

investments

• Revenue bonds
• Other news
• Benefits
• Salaries

TUITION AND SERVICE FEES

2018-2019 2019-2020 Tuition In-State Resident (per credit) $82.50 $84.50 Non-Resident Classroom - Fall/Spring (per credit) $304.00 $306.00 Non-Resident Classroom - Summer (per credit) $233.00 $235.00 Non-Resident Online (per credit) $214.00 $216.00 Differential Tuition A (per credit) $25.00 $41.00 Differential Tuition B (per credit) $33.00 $72.00 Service Fees Processing Fee (per semester) $15.00 $15.00 T echnology Fee (per credit) $2.50 $2.50 Student Services Fee (per credit) $3.00 $3.00

SUMMARY OF INCREASES TO REVENUES AND PROPOSED EXPENDITURES

T

• tal

Revenues Tuition $900,000 Differential Tuition $720,000 Total Increase in Revenues $1,620,000 Proposed Expenditures Personnel Salary Pool Increase $1,150,000 (+1.5%) Adjunct Faculty $218,000 (+1.5%) Budget Enhancements Student Life/Cocurricular $50,000 Marketing $100,000 Institutional Scholarships $50,000 Advising $70,000 (1 new position) Total Increase in Expenditures $1,638,000

BUDGET DEVELOPMENT – NEXT STEPS

Month Activity April 2019

• Campus Budget Forums
• Governing Board priorities further refined

May 2019

• 2019-2020 Proposed Budget presented to the Governing Board
• Truth in Taxation Notification (if required)

June 2019

• Public Hearing and Special Meeting to adopt the budget and set property tax rates and

levies

QUESTIONS

ADDITIONAL RESOURCES AND DATA

STRATEGIC PRIORITIES

• 2017-2021 College Strategic Plan
• Educational Master Plan
• Facilities Master Plan
• Diversity, Equity, and Inclusion Plan
• Strategic Enrollment Management Plan
• Chancellor’s Goals, Objectives, and Timelines,

2018-2019

COLLEGE BUDGET INFORMATION

• Fiscal

Year 2019 Adopted Budget

• Fiscal

Year 2019 General Fund Budget Detail

• Fiscal

Year 2020 Budget Development Calendar

FISCAL YEAR 2020 TUITION AND FEES FOR ALL AZ COMMUNITY COLLEGES

(PER CREDIT HOUR)

$86.00 $88.00 $111.00 $90.00 $85.00 $88.00 $77.00 $90.00 $86.00 $91.00 $- $20.00 $40.00 $60.00 $80.00 $100.00 $120.00 Central Cochise Coconino Eastern Maricopa Mohave Northland Pima Western Yavapai

Cost Per Credit Hour

In-State Tuition Rate Per Credit Fees

FY 2009-2019 COSTS PER CREDIT HOUR

$0.00 $10.00 $20.00 $30.00 $40.00 $50.00 $60.00 $70.00 $80.00 $90.00 $100.00 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Cost per Credit Hour Fiscal Year In-State Resident Tuition Fees AZCC Avg

2018-2019 COST OF ATTENDANCE FOR FULL-TIME (12 CREDITS)

* Direct Costs associated with going to school

$0 $5,000 $10,000 $15,000 $20,000 $25,000 Living with Parent Living Off Campus Non-Resident

Cost

Tuition & Fees* Books and Supplies* Room & Board Transportation Loan Fees Personal Maximum Pell Award $6,095

HIGH-COST PROGRAM COMPARISON TO PCC AVERAGE PROGRAM COST AND TUITION PER FTSE, FY18 ACTUALS

0% 5% 10% 15% 20% 25% $0 $5,000 $10,000 $15,000 $20,000 $25,000 $30,000 PCC Avg AUT AVM CAD DAE DHE DLT LEA MLT MUP NRS RAD RTH TDT TMA WLD CRC CDA MCT PHT HRM Instruction Academic Sppt and Stud Svcs Scholarships IS, Plant, Other In State Tuition Tuition % of Costs

FY18 REVENUES BY SOURCE PER ACTUAL FTSE FOR AZ COMMUNITY COLLEGES

Cochise Coconino Eastern Maricopa Mohave Northland Pima Western Yavapai AZ CC TOTAL Other Revenue $1,012 $2,140 $3,125 $1,560 $1,623 $2,791 $2,265 $3,140 $3,390 $1,832 Tuition and Fees $1,484 $3,793 $2,530 $3,226 $3,897 $2,785 $3,019 $2,677 $3,415 $3,077 State Sales Tax $182 $253 $210 $161 $237 $266 $164 $200 $207 $172 State Appropriations $1,724 $1,071 $5,736 $0 $722 $4,904 $0 $701 $386 $422 Property Taxes $3,444 $5,082 $1,935 $7,756 $10,181 $8,397 $7,531 $6,785 $13,842 $7,475 EL/Actual FTSE $10,087 $7,974 $9,994 $6,486 $11,442 $7,891 $6,859 $10,959 $12,987 FY21 EL Est. $5,473

$0 $5,000 $10,000 $15,000 $20,000 $25,000

Revenues in $1,000s

FY18 EXPENSES PER FTSE BY FUNCTIONAL CATEGORY VS. AZ CCS AND PCC PEERS

$3,905 $6,153 $7,652 $5,969 $7,385 $7,149 $6,984 $6,334 $8,440 $6,185 $5,651 $8,988 $7,823 $8,366 $5,461 $6,984 $6,876 $0 $2,000 $4,000 $6,000 $8,000 $10,000 $12,000 $14,000 $16,000 $18,000 $20,000 Cochise Coconino Eastern Maricopa Mohave Northland Pima Western Yavapai AZ CC TOTAL CuyahugaCC Portland CC C.NM CC Austin El Paso Tarrant non PCC Avg

Instruction/Student Svcs Scholarships Institutional Support/Plant/Aux Tuition and Fees

FY18 REVENUES BY SOURCE PER ACTUAL FTSE VS. AZ CCS AND PCC PEERS

$0 $5,000 $10,000 $15,000 $20,000 $25,000 Cochise Coconino Eastern Maricopa Mohave Northland Pima Western Yavapai AZ CC TOTAL CuyahugaCC Portland CC C.NM CC Austin El Paso Tarrant

Property Taxes State Appropriations State Sales Tax Tuition and Fees Other Revenue Tuition and Fees