1. ADOPTED BUDGET FOR YEAR ENDING JUNE 30TH, 2019
Peralta Community College District
ADOPTED BUDGET FOR YEAR ENDING JUNE 30TH, 2019

2. I. Major Budget Assumptions
General Assumptions
The FY General Fund Unrestricted Beginning Fund Balance is projected at approximately $15.8 million representing an adequate reserve level of 10.90%.
The FY Adopted Budget reflects a balanced budget as a result of the freezing of $4,500,000 in Vacant Positions.
The FY Final Adopted Budget will have a Reserve (Ending Balance) of no less than 5%.
The District and Colleges will use plans, planning documents, and planning processes as a basis for the development of their expenditure budgets.
Recommendations from the BAM Task Force with respect to resource allocation will be implemented during the budget development process.
The District does not intend to issue a Tax Revenue Anticipation Note (TRANs) in FY
All State Apportionment deferrals have been eliminated.
There will be a line item in the budget for facilities maintenance and repair.
 Revenue Assumptions
ENROLLMENT: Full Time Equivalent Students (FTES) target of 18,723 generated (Resident, for-credit)
Funded base 18,623 credit FTES
Funded base 100 non-credit FTES
Enrollment growth funds of $57.8 Million system wide to fund 1.00% growth (average)
0% growth budgeted for PCCD in
Statutory Cost of Living Adjustment (COLA) of 2.71% at $161.2 Million for FY (used to fund step/column salary increases).
Approximately $413,265 for PCCD
Supplemental Allocation Student Equity $ 22.2 Million
Student Success Allocation $ 11.6 Million
Unrestricted lottery at $151 per FTES
$2.8 Million for PCCD
Scheduled Maintenance & Instructional Equipment allocation $143.5 Million state-wide PCCD allocation of $464,037, no match required
Sixth Year of Parcel Tax- Measure B estimated to be $8,000,000
SSSP, Student Equity, Adult Education and Strong Workforce funding at levels
 Expenditure Assumptions
Step and column salary increases are included (funded with 2.71% COLA allocation of $413,265), PCCD costs approximately $1.4M
Public Employee Retirement System employer contribution increase from 15.53% to 17.10%, an increase estimated at $245,000 to PCCD
State Teachers Retirement System employer contribution increased from to 16.28%, an increase estimated at $476,000 to PCCD.
Maintain District contribution to DSPS program of approximately $1.2 Million
OPEB Debt Service Payment of approximately $4.3 Million due to bond program restructuring
Continued implementation of the new OPEB long term funding plan impacting Fund 01, Fund 69 and the OPEB Trust Fund
Contribute to the new Irrevocable Trust in the amount of $250,000 as per OPEB long term funding plan
Contribute $400,000 to Self-Insurance Fund to cover costs of Property and Liability Insurance
Any restricted funding cuts or cost increases must be borne by the respective program
Medical premiums – $15.3 Million
Utilities to be budgeted at the campus level are based on prior year actuals with a 5% increase at approximately $555,000
Healthcare increase of $338,000

3. Full Time Equivalent Students (FTES) Full-Time Equivalent Students
Fiscal Year
Target
Stability
19,528
Hold Harmless
Credit FTES
18,524
19,472
15,768
18,623
Non Credit FTES 41 30 55
100
Credit FTES Stability
(63)
(3,785)
Non Credit FTES Stability 89 25
Credit FTES Restoration
948
2,900
Non Credit FTES Restoration
(11)
Adjusted Base
19,502
18,723
FY Attendance Report - Period 2
Full-Time Equivalent Students
Summer 2017
1,746.94
Fall 2017
7,763.57
Spring 2018
7,204.99
Summer 2018 (Projections)
1,910.22 +
Non-Credit
99.48
Total FTES
18,723
Change in FY17-18 Allocation
Base Allocation 17-18
19,528 -
Adjusted Base for FY17-18
18,723
Shortfall FTES
(805) X
Funding Rate Credit
$ ,072.11
Funding Shortfall
($4,083,049)

4. Restoration
Stability
Hold Harmless
Hold Harmless
Fiscal Year
Reported FTES
19,502
19,528
15,768*
18,723
Actual FTES
17,515*
18,723**
16,976 ?
*Actual FTES includes Summer 2017 of 1,747 FTES, and the Reported FTES excludes Summer 2017
**Actual FTES includes borrowing of Summer 2017 of 1,747 FTES

5. Student Centered Funding Formula (SCFF)
State apportionments is calculated using three allocations:
Noncredit FTES will be funded at current rates.
The SSFF rates are calculated to provide a three-year transition at the following percentage: FY
FY **
FY ** 1
Base Allocation*
Dollars per Credit FTES
$ ,727
$ ,387
$ ,046 2
Supplemental Allocation- Dollars per Point $ $ 3
Student Success Allocation-Dollars per Point $ $ *
Base Allocation is calculate based on the numbers of colleges and comprehensive center consistent with the current formula. **
The amount of the allocations in outgoing fiscal years will be adjusted by the changes in the cost-of-living in those years. FY FY FY 1
Base Allocation
70%
65%
60% 2
Supplemental
20% 3
Student Success
10%
15%

6. Positions in FY 2019 Proposed Budget
Proposed Budget Vacancy Freeze for General Fund $4,475,853
Vacancy Freeze by Location
Locations
Accepted Savings ($)
COA
403,997
Laney
1,487,225
Merritt
755,586
BCC
665,661
District
1,163,384
Totals
$4,475,853
Total Position
Vacancies Savings
Positions in FY 2019 Proposed Budget
Category (FTE)
FTE
Salaries
Benefits
Total
Full-time Academic
332
$ 26,240,943
$ 11,987,480
$ 38,228,423
(15)
$ (1,089,356)
$ (625,123)
$ (1,714,479)
317
$ 25,151,587
$ 11,362,357
$ 36,513,944
Academic Administrator 37
5,424,834
2,068,040
7,492,874 -
Other Faculty 73
4,684,629
2,551,417
7,236,046
(5)
(447,952)
(257,139)
(705,091) 68
4,236,677
2,294,278
6,530,955
Classified
382
28,417,205
26,253,655
54,670,860
(16)
(1,268,325)
(787,958)
(2,056,283)
366
27,148,880
25,465,697
52,614,577
Totals (1-18)
824
$ 64,767,611
$ 42,860,592
$ 107,628,203
(36)
$ (2,805,633)
$ (1,670,220)
$ (4,475,853)
788
$ 61,961,978
$ 41,190,372
$ 103,152,350
Part-Time
243
11,677,624
748,096
12,425,720
Totals (Part-Time and Subs
$ 11,677,624
$ ,096
$ 12,425,720 $ $ $
$ 11,677,624
$ ,096
GRAND TOTAL
1,067
$76,445,235
$ 43,608,688
$ 120,053,923
1,031
$ 73,639,602
$ 41,938,468
$ 115,578,070

7. PCCD FY 18-19 Adopted Budget w/Reductions Actual 16,976 FTES
FY18-19 Budget w/Meas. B Expenses Included
Subtract Measure B Expenses
FY18-19 Final Budget
Revenue
Federal Revenue $ $ $
State Revenue
58,711,416 -
Local Revenue
70,787,368
Trans Res Revenue
9,650,000
Revenue Total
$ ,148,784
$ ,148,784
Expenses
Full Time Academic
25,151,587
Academic Admin
5,424,834
Other Faculty
5,138,978
902,301
4,236,677
Part Time Academic
14,942,111
3,264,488
11,677,623
Classified Salary
29,214,688
1,938,250
27,276,438
Fringe Benefits
43,839,191
1,894,961
41,944,230
Bad Debts
1,050,000
DGS
Books, Supplies, Svcs
19,121,578
Equipment Cap Outlay
274,071
Other Outgo
6,309,000
Total Expenditures
$ ,466,038
$ ,000,000
$ ,466,038
Beginning Fund Balance
$ ,830,544
$ ,830,544
Net Increase(Decrease)
(11,317,254)
8,000,000
(3,317,254)
Ending Fund Balance
$ ,513,290
$ ,513,290
Ending Fund Balance %
3.00%
0.00%
8.78%

8. PCCD FY 18-19 Adopted Budget w/Reductions Hold Harmless 18,723 FTES
FY18-19 Budget w/Meas. B Expenses Included
Subtract Measure B Expenses
FY18-19 Final Budget
Revenue
Federal Revenue $ $ $
State Revenue
65,486,282 -
Local Revenue
70,787,368
Trans Res Revenue
9,650,000
Revenue Total
$ ,923,650
$ ,923,650
Expenses
Full Time Academic
25,151,587
Academic Admin
5,424,834
Other Faculty
5,138,978
902,301
4,236,677
Part Time Academic
14,942,111
3,264,488
11,677,623
Classified Salary
29,214,688
1,938,250
27,276,438
Fringe Benefits
43,839,191
1,894,961
41,944,230
Bad Debts
1,050,000
DGS
Books, Supplies, Svcs
19,121,578
Equipment Cap Outlay
274,071
Other Outgo
6,309,000
Total Expenditures
$ ,466,038
$ ,000,000
$ ,466,038
Beginning Fund Balance
$ ,830,544
$ ,830,544
Net Increase(Decrease)
(4,542,388)
8,000,000
3,457,612
Ending Fund Balance
$ ,288,156
$ ,288,156
Ending Fund Balance %
7.50%
0.00%
13.54%

9. Recommended Next Steps
District must define what is a healthy fund balance?
To support Mission & Vision of District
To support unforeseen spending in the area of operating and capital expenditures
To support cash flow of District
Short/Long Strategic Plan must be in place to address :
Impact of New Funding Formula
Reorganization/Restructuring (Centralized/Decentralized)
Enrollment Projections (Is District growing, declining, or stabilizing?)
Possible additional Revenue streams
Possible Budget Realignment/Reductions
Facilities Plan
Energy Management Plan
Continual Fostering of an Collaborative /Participatory Environment with all our constituents

10. Any Budget Questions?