1 / 32

The Student Centered Funding Formula

Chancellor’s Office. The Student Centered Funding Formula. CCIA 2019 Spring Conference May 2 & 3, 2019 Sacramento. Felipe. Maritza. Commitments. Vision Goals. Focus on students’ goals Design with the students’ experience in mind High expectations and high support

vmetz
Download Presentation

The Student Centered Funding Formula

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Chancellor’s Office The Student Centered Funding Formula CCIA 2019 Spring Conference May 2 & 3, 2019 Sacramento

  2. Felipe

  3. Maritza

  4. Commitments Vision Goals • Focus on students’ goals • Design with the students’experience in mind • High expectations and high support • Evidence-based decisions • Own student performance • Cross-system partnership • Thoughtful innovation and action • Increase credential obtainment by 20% • Increase transfer by 35% to UC and CSU • Decrease unit obtainment for a degree • Increase employment for CE students • Reduce and erase equity gaps • Reduce regional gaps

  5. Student Centered Funding Formula The new formula calculates apportionments generally using three allocations: • Base Allocation—Enrollments (FTES). • Supplemental Allocation—Counts of low-income students. • Student Success Allocation—Counts of outcomes related to the Vision for Success, with “premiums” for outcomes of low-income students.

  6. 2. Supplemental Allocation

  7. 3. Student Success Allocation

  8. How the Student-Centered Funding Formula Helps Low-Income Students Transfer to the CSU System Under the new funding formula, collegedistricts receive funds for students’ progress toward theirgoals. An additional equity allocation is awarded for each low-income student who achieves thesegoals. FirstYear Completion of Transfer-Level Math andEnglish SecondYear Completionof ADTDegree Transfer to the CSUSystem Total Provided to College District:$15,172

  9. Implementation

  10. Apportionments • In general, the Chancellor’s Office calculates districts’ apportionments three times each year: • Advance • P1 • P2 • R1

  11. April Revision to the First Principal Apportionment • Adjustments: • The three-year average for credit full-time equivalent enrollment was recalculated to omit special admit students and students in correctional facilities from the calculation of the 2016-17 and 2017-18 funded FTES. • Additional offsetting revenues were reflected, including property tax collections and federal oil and mineral revenues. • Corrections to use most current data or round calculations consistently.

  12. April Revision to the First Principal Apportionment • As previously described, the Chancellor’s Office intends to apportion to each district at least their 2017-18 TCR, adjusted by the 2018-19 COLA. • As of the April revision, the Chancellor’s Office estimates a $228 million funding shortfall. Specifically: • The costs of the total computational revenue statewide are $84 million higher than assumed when the Budget Act of 2018 was enacted. • Revenues are $144 million lower than estimated in the Budget Act of 2018.

  13. April Revision to the First Principal Apportionment • To manage the 2018-19 apportionment within the available revenues, the Chancellor’s Office has revised 2018-19 apportionments for districts who would have received more than their 2017-18 revenues, adjusted by the 2018-19 COLA, as follows: • A district’s TCR was constrained to be no greater than 8.13 percent more than the 2017-18 TCR. • The difference between the “constrained TCR” and the 2017-18 TCR, adjusted by the 2018-19 COLA, was calculated. • The differences at each of the districts were totaled. • The amount calculated for the district was divided by the sum of all of the districts’ differences to generate a percentage of the total differences attributable to that district. • The district’s percentage was multiplied by the remaining available revenues ($35 million) to calculate the district’s proportionate share of those revenues. • The proportionate share was added to the district’s 2017-18 TCR, adjusted by the 2018-19 COLA, to determine the adjusted 2018-19 TCR at this point in time.

  14. Next Steps • These measures were taken to manage within the resources that are currently available for the general apportionment. • The Chancellor’s Office will continue to work with the Governor and the Legislature to seek the necessary adjustments to the current-year appropriations to fund the full costs of the general apportionment. • With regard to the revenue shortfall, the Proposition 98 minimum guarantee is funded by state General Fund and local property taxes. In most years, when property taxes decline, General Fund is adjusted to fund that minimum guarantee. • Further, in recent years, Finance has proposed adjustments to backfill the general apportionment with General Fund when property taxes come in lower than budgeted.

  15. Potential Policy Changes to the SCFF

  16. Process • Since January, the Chancellor’s Office has worked to develop recommendations responsive to the Board of Governors’ and Chancellor’s priorities and the issues raised in the Governor’s Budget. • These efforts have involved: • Consultation through the Advisory Workgroup on Fiscal Affairs and the Consultation Council. • Consideration of recommendations made by the Academic Senate for California Community Colleges, the CEO Funding Formula Taskforce, and others. • Presentation before legislative budget committees and at several conferences.

  17. SCFF Structure (5)

  18. SCFF Structure

  19. SCFF Structure

  20. Student Success Allocation

  21. Student Success Allocation

  22. Clarifications

  23. Clarifications

  24. Next Steps • The Chancellor’s Office will transmit these recommendations to the Department of Finance and Legislature for consideration as part of the enactment of the 2019-20 budget. • Earlier this year, the Chancellor’s Office also requested that the Fiscal Crisis and Management Assistance Team conduct a review of SCFF data. Join the webinar on Monday, May 6, for more detail about that report.

  25. Tools and Resources

  26. Upcoming SCFF Webinar • May 6, 2019 from 9:30-11:00 AM: Update on SCFF-Related Policy Changes Go to http://iepi.cccco.edu/ to register and view previously recorded webinars.

  27. Vision Resource Center https://visionresourcecenter.cccco.edu/ Features • Extension of face-to-face support • Platform for all stakeholders • System/Local portal • Download/Upload capacity

  28. FCMAT Calculator • In partnership with the Fiscal Crisis and Management Assistance Team (FCMAT), the SCFF Calculator will be updated shortly to reflect the April version of the first principal apportionment. • Districts can use this tool for multi-year budgeting projections. To support that work, a help desk is available to provide committed support to calculator users.

  29. More Information • Website Address: http://extranet.cccco.edu/Divisions/FinanceFacilities/StudentCenteredFundingFormula.aspx Email Address: SCFF@cccco.edu

More Related