this “state of the college” power point is available now on lbcc’s paperless office, along...

This “State of the College” power point is available now on LBCC’s Paperless Office, along with the electronic

hand-outs mentioned during this presentation. The

recording being made of Rita’s entire presentation will be available on the PO

tomorrow morning.

State of the College:Charting Our Future

Linn-Benton Community CollegeJanuary 23, 2009

JUNE 2008 Vice Presidents meet with association representatives to begin planning the 2009-2010 budget

August Planning Revenue Assumptions

• State CCSF increases 10% 09-11• Property Taxes up 3.9% per year• Tuition up 3% (or $2 per credit) per

year• Enrollment up slightly in FY09 and

FY10

August Planning Expenditure Assumptions

• Contracted salary increases partially offset by PERS and OPSRP rate decreases

• Contracted Management and non-contracted salaries increased by trend

• SEPTEMBER 4, 2008 President’s Retreat

15 GOOD IDEAS Retention for student successWellness for a healthier college communitySustainability in operations and instructional programmingStrategic development of distributed (distance) educationA regional vision

Outreach to adults without HS diplomasReduced child care costs for our studentsImproved mass transportation for our studentsA grant writer for large Federal grantsSoftware for on-line degree audit

15 GOOD IDEAS

NOVEMBER 19 • State revenue forecast • Critical conversations with the Board of Education

NOVEMBER 20• Less $445,744 for FY2008-2009

DECEMBER 1• Governor’s Budget• Reduced from $550M to $485M for the

next biennium

Changes to Assumptions

• Across the board cut to CCSF in FY09

• Governor’s recommended budget for CCSF 3% below this biennium –before cut

• No increases for contracted management, all non-represented, M&S and Capital Outlay

DECEMBER 2008

$629M projected growth

$546M growth we have

$521M EBL no added students

$500M no change

$485M Governor’s budget

December 2008Oregon Comparisons

STATE BUDGET SHORTFALL AND POTENTIAL EFFECT ON LBCC  

 In November 2008 Oregon's shortfall was $142 million out of a $15.1 billion state budget The Governor called for across the board cuts of 1.2% for all agencies.   Community College Support Fund   $ 500,000,000   1.2% reduction  $     6,000,000   

   LBCC Share   $        488,417  8.1%of CCSF

  By January 2009, the actual reduction to the quarterly payment was slightly smaller:   Community College Support Fund   $ 500,000,000   1.1% reduction  $     5,475,780    LBCC Share   $        445,744  8.1%of CCSF

LBCC's Estimated Ending Fund Balance        $     5,964,000  

The January 16, 2009 report from the state economist predicts a much larger deficit:  

The shortfall is now forecast at an additional $650 million in the current year.  

If similar across the board cuts for all agencies:  

  Community College Support Fund   $ 494,000,000   

   additional reduction  $   27,464,788   

  Possible LBCC Share  $     2,230,000  8.1%of CCSF  

  LBCC budget for State Revenue FY09  $   20,171,482   

  Estimated Jan. 16, 2009  $   17,542,745   

  shortfall  $    (2,628,737)  

LBCC's Projected Ending Fund Balance          $     3,734,000   

          AN ADDITIONAL OREGON SHORTFALL IS FORECAST OF $1 BILLION FOR THE GOVERNOR'S RECOMMENDED BUDGET FOR THE 2009-2011 BIENNIUM.

2005:Internal controlKnew amount to cutCollege-wide survey & SBAC 1 announcement Implementation Did not result in major structural changes

2009External driversDon’t know final amount to cutUsing Strategic Plan and 15 Good IdeasWorking with associations on processMultiple announcementsMuch larger scope – larger impact

$629M projected growth

$546M growth we have

$521M EBL no added students

$500M no change

$485M Governor’s budget

$445M New legislative possibility

LOWER EXPECTATIONS

AMERICAN RECOVERY AND REINVESTMENT ACTJULY 2009

$39B for public education relief$15.6B for Pell grant increases$3 B for National Science Foundation

What are we going to do?

OUR STRENGTHS

CHARTING OUR COURSE

What is our plan?

We will take care of our students.

WHAT‘S AHEAD?

We will be greener

We will prepare for a Bond Election 2010

• green-collar jobs• job training• science, technology and engineering• transfer support• student success• regional vision for manufacturing and health careers

WHAT CAN YOU DO?