Presentation is loading. Please wait.

Presentation is loading. Please wait.

5/10/2015 1 LOS ANGELES HARBOR COLLEGE 2012-13 PROPOSITION 30 BUDGET IMPLICATIONS.

Similar presentations


Presentation on theme: "5/10/2015 1 LOS ANGELES HARBOR COLLEGE 2012-13 PROPOSITION 30 BUDGET IMPLICATIONS."— Presentation transcript:

1 5/10/ LOS ANGELES HARBOR COLLEGE PROPOSITION 30 BUDGET IMPLICATIONS

2 5/10/ LOS ANGELES HARBOR COLLEGE IS PART OF THE STATE OF CALIFORNIA PUBLIC EDUCATION SYSTEM WHICH INCLUDES K-12, CCC, CSU AND UC BASICALLY, NOT ONLY IS THE STATE GOVERMNENT OUR EMPLOYER, IT IS OUR ONLY CUSTOMER THE CUSTOMER DICTATES HOW MANY STUDENTS WE CAN SERVE IN LAHC HAD 839 UNFUNDED FTES APPROXIMATELY $3.8M IN LOST REVENEW TO THE COLLEGE

3 5/10/2015 3

4 4 BEFORE PROPOSITION FTESALLO C EXPE ND FTESALLO C EXPE ND FTESALLO C EXPE ND FTESALLO C EXPE ND A 6% reduction in the expenditures would be equal to $1.77M The current projected expenditures of $28.4M represents only a 3.73% reduction or $1.1M AFTER PROPOSITION 30 RESTORES COLLEGE FUNDING TO LEVEL FTESALLO C EXPE ND FTESALLO C EXPE ND FTESALLO C EXPE ND FTESALLO C EXP END ?

5 The Big Picture Before Proposition 30 (EDUCATION PROTECTION ACT) FTESALLOCEXPENDFTESALLOC EXPEND FTESALLOCEXPENDFTESALLOC EXP END BLUE – FTES IN $MILLIONS PURPLE – ALLOCATION IN $MILLIONS TAN – EXPENDITURES IN $MILLIONS

6 The Big Picture After Proposition 30 (EDUCATION PROTECTION ACT) FTESALLOCEXPENDFTESALLOC EXPEND FTESALLOCEXPENDFTESALLOC EXP END ? BLUE – FTES IN $MILLIONS PURPLE – ALLOCATION IN $MILLIONS TAN – EXPENDITURES IN $MILLIONS

7 ACCJC Recommendation #2 In order to meet the Standard, and to adequately monitor salary and benefit expenditures and insure the institution practices effective oversight of finances, the team recommends that salary actions should first be reviewed for available and adequate funding prior to initiating the employment process. (III.D.2.d) Elements of this recommendation: 1.Monitor salary and benefit expenditures 2.Insure the institution practices effective oversight of finances 3.Review salary actions prior to employment

8 THE END? 5/10/2015 8


Download ppt "5/10/2015 1 LOS ANGELES HARBOR COLLEGE 2012-13 PROPOSITION 30 BUDGET IMPLICATIONS."

Similar presentations


Ads by Google