Gavilan Joint Community College District Adopted Budget 2018-19 Board of Trustees Jonathan Brusco – President Mark Dover - Vice President Walt Glines – Clerk Kent Child - Trustee Lois Locci, ED D.- Trustee Rachel Perez– Trustee Laura Perry - Esq. – Trustee Adam Lopez - Student Trustee Administration Dr. Kathleen A. Rose — Superintendent/President

Gavilan College 2018-19 Adopted Budget Topics of Discussion 2018-19 State Budget Local Fund Budgets Long-Range Impacts General Fund Expenditures Assumptions Enrollment for 2018-19

Gavilan College 2018-19 Adopted Budget State Budget Update Categorical Program Consolidation – SSSP, Basic Skills, and Student Equity. New Funding Formula - $270m, $100m one time and $20m ongoing Online Educational, for 2.71% COLA, $35m Online Education Initiative New Student Centered Funding Formula - $269,657 three year phase in starting 70% Base Allocation (FTES), 20% low income students and 10% Student Success Allocation, “Vision for Success”; Hold harmless for three years with COLA

Gavilan College 2018-19 Adopted Budget State Budget Update Increase CCD’s apportionment for 2018-19 Additional $606m Proposition 98 funding ongoing, and $358m in one-time in local assistance for CCD’s: 1)Definition of low-income students that includes College Promise & Pell Grants & AB 540 students 2)Students who receive a Pell or College Promise Grant Students 3) Student Success metrics for degree’s awarded, certificates of 18 or more units, completion of nine or more Career Tech Ed Units, transfers to 4 year institutions, completion of transfer-level math or English, and attainment of a living wage

Gavilan College 2018-19 Adopted Budget State Budget Update Online College 115 - $100m one-time and $20m ongoing, $35m support Online Education Initiative Deferred Maintenance & Instructional – $143.5m now is at $23m one-time Full-Time Faculty $50m in ongoing Part-Time Faculty Hours $50m one-time Veteran Resource Centers $8.5m one-time Financial Aid Technology $13.5 one-time Legal Services for Undocumented $10m one-time

Gavilan College 2018-19 Adopted Budget Local Budget Update Gavilan College Highlights New Funding Formula – Base increased $874,573 Cost of Living Adjustment 2.71% - $874,573 Growth 1% - Not Scheduled in Stability Base Increase – Only COLA not at $4m EPA (Prop 30) - Estimated at $4.1m Block Grant - $152,894 Schedule Maintenance/Instr. Equipment $132,414 Prop 39, Energy Efficiency Projects - $467,582

Gavilan College 2018-19 Adopted Budget Schedule of Resources Available to Operate Unrestricted General Fund $35,026,687 62.68% Instructional Equipment - 0.00% Parking Fund 120,000 0.21% Restricted General Fund 13,165,955 23.56% Self-Insurance Fund 50,000 0.09% Capital Projects Fund 825,000 1.48% Measure E Debt Service Fund Measure E Construction Fund Long Term Debt Fund 500 Associated Students ASGC Fund 130,000 0.23% Financial Aid Fund 6,500,000 11.63% Student Center Fund 62,700 0.11% Total Expenditures $ 55,880,842 100.00%

Gavilan College 2018-19 Adopted Budget Challenges for our District Must Consider Long-Range Impacts: Significant STRS and PERS Increases (Est. by 2020/21): STRS Rate 19.1% (10.73% to 12.58% to 14.43% to 16.28%) PERS Rate 29.4% (11.85% to 13.05% to 15.50% to 18.06%) Salary Increases (Step and Column) Bargaining Agreements ( COLA, Reclassifications) Restricted Employees moving to General Fund Restricted Funding ( Consolidations) ERAF Basic Aid vs Core Basic Aid – 5 to 10 Years! Cash Flow needs between property taxes = TRANS - Ongoing 50% Law! Keeping in Balance Instruction vs. Everything Else!

Gavilan College 2018-19 Adopted Budget Unrestricted General Fund Summary

Gavilan College 2018-19 Adopted Budget general fund expenditure Assumptions

Gavilan College 2018-19 Adopted Budget FULL TIME EQUIVALENT STUDENTS

Gavilan College 2018-19 Adopted Budget Institutional Efficiency Task Force The Institutional Efficiency Task Force that spent hours of time and effort to assist in balancing the District 2018-19 Adopted Budget . Thank You!!

Gavilan Joint Community College District Adopted Budget 2018-2019 Board of Trustees Walt Glines - President Laura Perry, Esq. – Vice President Mark Dover - Clerk Jonathan Brusco - Trustee Tom Breen, Esq.– Trustee Ken Child - Trustee Lois Locci, ED D. – Trustee Adrian Lopez - Student Trustee Administration Dr. Steven M. Kinsella, C.P.A. — Superintendent/President