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All Campus Meeting

December 10, 2010. All Campus Meeting. State Economic Conditions SEPTEMBER 2010 FORECAST. September revenue update: -$520M shortfall Governor required to make across the board (ATB) cuts All general fund appropriations reduced by 6.287% SCC’s share = $1.36M in FY 2011

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All Campus Meeting

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  1. December 10, 2010 All Campus Meeting

  2. State Economic Conditions SEPTEMBER 2010 FORECAST • September revenue update: -$520M shortfall • Governor required to make across the board (ATB) cuts • All general fund appropriations reduced by 6.287% • SCC’s share = $1.36M in FY 2011 • Legislature can adjust, however… • “You should consider these to be your budget reductions for this year and plan accordingly.”

  3. 6.3% Reduction • Lapse salaries • ATB reduction: Goods/Services/Travel • Shift current positions to “soft” money • Shift current non-personnel expenditures to non-state funding sources • Reduce contingency funds • One-time “carry over” funds • Set funds aside on October 1st

  4. State Economic ConditionsNovember 18, 2010 • Revenue forecast: -$385 million shortfall • Additional 4.6% ATB cut (on top of 6.3%) • SCC: additional $1 million cut for current fiscal year

  5. State Economic ConditionsDecember 6, 2010 • Governor, Democrat and Republican proposals honor maintenance-of-effort (MOE) threshold • Cut with MOE in place: ~3.8% • Special session: Saturday, December 11th

  6. Economic Impact on CTC System: 2011-13 • November projections: $5.7 billion shortfall • Projected for 2011-13: additional 18% reduction (SCC: $3.7 million) • Additional reductions through FY 2013 likely

  7. State Economic Conditions

  8. 4.6% Reduction FY 2010-11 Constituencies and Affected Areas Number of Positions • Administrative Exempt 7 • Vice-President, Dean, Director, Assistant Director, Manager, Confidential Assistant • Classified 5 • Science, Financial Services, Technology Support Services, • Faculty 15 • Advising, Counseling, Humanities, Social Science, HOPE/Bus, Science

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