Victor Valley Community College District 2010-2011 Budget Workshop

1. Victor Valley Community College District2010-2011 Budget Workshop

2. Agenda • California Budget • District Trends and Analysis • 2010/11 Budget Assumptions • 5-Year Budget Plan • Budget Options - Discussion

4. California Budget Community College League of California (CCLC) Projects: 2010-11: expect flat budget 2011-12: return of COLA / Growth 2012-13: COLA/Growth

5. Legislative Analyst Office (LAO) Recommendations: • Raise student fees to $40/unit • Reject the Governor’s proposal to implement a negative COLA (-0.38%) and would use the increase in fees to fund COLA. • LAO believes it is not realistic to expect $6.9 billion in federal relief. If Federal relief does not materialize, the Governor’s plan proposes to trigger certain revenue increases and expenditure reductions.

8. REVENUE AND EXPENDITURE COMPARISON BY FISCAL YEAR

16. Potential – Employee Concession Information

17. Potential – Employee Insurance Benefit Contribution

18. Potential – Other Insurance Benefit Options

19. Options To Balance General Fund Budget • 2010-2011 • Use one-time revenue sources • Negotiate concessions • Supplemental Early Retirement Program • Fund the balance of the deficit from reserves • 2011-2012 • Use one-time revenue sources • Negotiate concessions • Program reorganization • Supplemental Early Retirement Program • Fund the balance of the deficit from reserves

20. Discussion