Senario 2 - Attachment to Co-Chairs Message
POTENTIAL MAY REVISE IMPACT
2008-09 BUDGET PLANNING
22-May-08
Red cells indicate Base Budget Problem
Blue cells indicate Base Budget Solution
| GOVR'S 2008-09 BUDGET | GOVR'S MAY REVISE | |
|---|---|---|
| Unfunded Compensation | (5,900) | (5,900) |
| Unfunded Mandatory Costs | (2,700) | (3,400) |
| GF Reduction | (7,400) | (100) |
| TOTAL CHANGE IN COSTS | (16,000) | (9,400) |
| Campus Priorities | (3,500) | (3,500) |
| Net Change in Revenues | 6,100 | 6,900 |
| GROSS BASE BUDGET PROBLEM | (13,400) | (6,000) |
| Application of Temp Resources | 5,600 | 5,600 |
| TOTAL IMPACT ON DIVISIONS | (7,800) | (400) |
| Instructional Budget Reductions | 4,061 | 208 |
| Non-Instructional Reductions | 3,739 | 192 |
| TOTAL DIVISIONAL REDUCTIONS | 7,800 | 400 |
| BUDGET SURPLUS / (DEFICIT) | 0 | 0 |
UNRESOLVED BASE BUDGET PROBLEM † |
(5,600) | (5,600) |
† GROSS BASE BUDGET PROBLEM (red) minus TOTAL DIVISIONAL REDUCTIONS (blue)
- Change in Costs adjusted to reflect May Revise
- Net Change in Revenues adjusted to reflect latest enrollment forecast 1,213 FTES over target
- Divisional reductions reduced from $7.8 million to $400 thousand
- Defers $5.6 million in base budget problem to 2009-10 as originally planned
