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?
