Budget Allocation. Elements of a Budget Model Alignment with Board Budget Priorities –Rapid...
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![Page 1: Budget Allocation. Elements of a Budget Model Alignment with Board Budget Priorities –Rapid response to workforce gaps –Address college and career readiness.](https://reader036.fdocuments.us/reader036/viewer/2022062517/56649f2c5503460f94c47162/html5/thumbnails/1.jpg)
Budget Allocation
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Elements of a Budget Model
• Alignment with Board Budget Priorities– Rapid response to workforce gaps– Address college and career readiness– Invest in contemporary software solutions– Increase the number of high value degrees
and transfers
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Elements of a Budget Model
• Effective decision making in allocating resources
• Encourages responsible risk taking• Easy to understand• Performance based outcomes• Provides transparency and
accountability• Multi-year process
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Budget Allocation Models
TODAY• Input based• Base Allocation• Facilities Allocation• Chargebacks• Expense based
TOMORROW• Still Input based but
moving to Outcome based allocation
• Aligns with Board priorities• Reward efficient use of
resources both human and capital
• Revenue based-Colleges get what they earn
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College Allocation
TODAY• Base 10%• Inputs 75%
– College earned revenues 5%
• Facility Operations 11%
• Board Priorities 4%
FY2016• Inputs 72%
– College earned revenues 41%
• Success Points/ Performance Funding 14%
• Facility Operations 6%• Board Priorities 8%
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College AllocationTODAY
• State – Formula $179M (subsidized) – Benefits $21M (subsidized)
• Tuition– CE $13M
• Tax Support– Base $28M– Facilities $31M– Other $7M
• Total $279M– Without Chargebacks
FY2016• State (biennium)
– Formula $77.8M– Success $7.4M– Benefits $17.0M (est)
• Tuition (annual)– Credit $92.0M; CE $12.8M
• Tax Support (annual)– Facilities $19.5M– Performance $31.0M– Dual Credit Waivers $7.7M– Salaries $10.9M– Other $6.6M
• Total $282.7M
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College Allocation• Revenue Smoothing Adjustment
– Success Points (Two years)– Performance Funding (Prior FY)
• Employment Outcomes• Transfer Rates• Graduates in Critical Fields• Degrees and Certificates• Course Completions
– Adjustment based on prior budget model over three years
• There may still be adjustment to Performance funding
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Expenses
• Full cost of Benefits---not Net– Fixed cost plus a variable percent – No revenue for Public Serv., Facility & Auxiliary– Based on December 2014 payroll (for FY16-17 biennium)– HEGI FY16 one amount and FY17 will increase 7%– Retirement revenue does not change for biennium– Actual Expense will book to high level functional division
• P&C Insurance, telephone and police dispatch will still be chargebacks
• All other chargebacks will be a District expense---College Services
• LCET will be a college service—no tuition• New programs and Career Ladder Provision
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Budget ComparisonTODAY
• Colleges $279M• Chargebacks $28M• District $28M• Provisions $13M• Student Activities $6M• Projects $16M• Career Ladder $8M• Total $378M
FY2016
• Colleges $282M• College Services $27M• District $30M• Provisions $16M• Student Activities $8M• Projects $16M• Career Ladder $11M• Total $390M
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FY2017
• Compression Planning with Presidents to determine measurements
• Possible changes– More wage related degrees– Promote course sharing among colleges– Facility utilization– Institutional Support metrics
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DALLAS COUNTY COMMUNITY COLLEGE DISTRICT
2015-2016 BUDGET ALLOCATION - EL CENTRO COLLEGE
Original Budget Allocation- Model B
Updated as of: 5/28/2015 4pm
EL CENTRO BJPIED EL CENTRO - WC ECC-All Locations
STATE CONTRIBUTION 35.97%
State Funding:
Formula $ 12,043,271 $ 1,316,537 $ 260,341 $ 13,620,149
Success Points $ 955,173 $ 20,248 $ 20,248 $ 995,669
Benefits $ 2,465,000 $ 127,500 $ 68,000 $ 2,660,500
Workstudy $ 192,205 $ 192,205
TOTAL STATE CONTRIBUTION $ 15,655,649 $ 1,464,285 $ 348,589 $ 17,468,523
LOCAL CONTRIBUTION 36.13%
Local- Student (Net Tuition)
Credit 100% $ 10,706,006 $ - $ 566,972 $ 11,272,978
Cont Ed 100% $ 609,182 $ 2,660,996 $ 28,732 $ 3,298,910
Local-Taxes
Facilities Ops, Maint. & Security ($4/Square Foot) $ 2,317,672 $ 515,432 $ 138,400 $ 2,971,504
TOTAL LOCAL CONTRIBUTION $ 13,632,860 $ 3,176,428 $ 734,104 $ 17,543,392
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DALLAS COUNTY COMMUNITY COLLEGE DISTRICT2015-2016 BUDGET ALLOCATION - EL CENTRO COLLEGE
Original Budget Allocation- Model B Updated as of: 5/28/2015 4pm
PERFORMANCE FUNDING 10.73%
Employment Outcomes: Job Placement Rates (Gainful Employment)
$ 1,511,688 $ 1,511,688
Transfer Rates $ 738,339 $ 738,339 Graduates in Critical Fields $ 1,723,957 $ 1,723,957 Graduates: Degrees & Certificates (incl CEU's)
$ 542,551 $ 542,551
Course Completion Rate $ 663,961 $ 15,736 $ 15,736 $ 695,432
TOTAL PERFORMANCE FUNDING $ 5,180,496 $ 15,736 $ 15,736 $ 5,211,967
BOARD PRIORITIES 7.78%
Adjunct Rule Change $ 293,608 $ 293,608 DART Free Program $ 950,000 $ 950,000 Dia de la Familia Dual Credit Waivers $ 741,193 $ 741,193 HCRC Nursing/Allied Health Stipend $ 280,000 $ 280,000
Prior Year Salary Adjustments $ 1,132,155 $ 53,574 $ 18,035 $ 1,203,764
Visiting Scholar/SAAP Initiative $ 285,714 $ 285,714
TOTAL BOARD PRIORITIES $ 3,682,670 $ 53,574 $ 18,035 $ 3,754,279
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DALLAS COUNTY COMMUNITY COLLEGE DISTRICT
2015-2016 BUDGET ALLOCATION - EL CENTRO COLLEGE
Original Budget Allocation- Model B
Updated as of: 5/28/2015 4pm
RECURRING ITEMS 2.49%
Misc College Income $ 1,161,774 $ 48,301 $ 700 $ 1,210,775
TOTAL RECURRING ITEMS $ 1,161,774 $ 48,301 $ 700 $ 1,210,775
6.19%
Smoothing Adjustment $ 1,950,566 $ 884,281 $ 170,058 $ 3,004,905
COLLEGE ALLOCATION $ 41,264,015 $ 5,642,605 $ 1,287,221 $ 48,193,841
0.75%
Reconciliation of Requested Fund Balance & Debt Service Transfers
Use of Fund Balance
Debt Service Transfers $ 364,636 $ 364,636
TOTAL COLLEGE BUDGET $ 41,628,651 $ 5,642,605 $ 1,287,221 $ 48,558,477
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Questions?