1. 1 Governing Board Retreat Budget Presentation January 3, 2014 Kenneth Hicks, CFO

2. Current year Budget process Next year 2 Overview

3. 3 Current Year - Review of the basis of the budget

4. Review of the reductions & projected ending balance. Please refer to Budget Handout #1 4 Current Year

5. Review process. See Budget Handout #2 5 Budget Process

6. See Budget Handout #3 Budgeted ADM Inflation increase Career Ladder reduction Other Changes 6 Next Year

7. Staffing changes Compensation changes Programmatic changes Site allocations Other changes 7 Next Year

8. See Budget Handout #4 8 Budget Data

9. Questions 9 Budget Presentation