Grand Rapids Community College

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Grand Rapids Community College Budget Control
Officers Meeting December 17, 2003
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• Agenda
• Budget Update
• 2002-03 Year End Results
• 2003-04 Mid Year Projections
• 2004-05 Outlook and Process
• Supplier Diversity Initiative
• Reminders and Questions

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• 2002-03 Year End Results
• General Operating
• Very successful year despite mid year Executive
  Order Deduct
• BCOs were diligent in controlling expenses
• Added 2,300,000 to Fund Balance

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Fund Balance
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• MID YEAR BUDGET UPDATE
• Reflects changes in projected amounts from budget
  adopted by the Board of Trustees in June.
• Uncertainty still exists about
• Winter enrollment levels
• Executive Order Deduct

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• MID YEAR BUDGET CONTINUED
• Calendar
• Mid year requests and updates were due to Budget
  Office on 12/12
• CLC will evaluate mid year requests based on off
  cycle criteria and guidelines in Strategic Guide
  on January 14.
• Mid year budget will be presented to Board of
  Trustees on February 2, 2004.

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• 2004 2005 Budget
• Calendar
• Building Budget Scenarios
• Stable projections
• Uncertainties
• CLC Review
• Preliminary Deficit and Targets

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(No Transcript)
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• Process
• - 2004-2005 Requests Due on January 23, 2004
• - Forms same as 2003-04
• - Potential reductions in your departments
• - Requests for new dollars in support of College
  priorities

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• Questions about budget update?

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Supplier Diversity
Team Membership

• Terry Anderson
• Art Armijo
• Charles Burt
• Cheryl Cole
• Frank Conner
• Jeff Danner
• Faye Davis
• Melissa Davis
• Derek DeVries
• Bob Eluskie
• Nancy Guigue

• Chris Jacques
• Mike Kiss
• Mansfield Matthewson
• Doug Miller
• Bob Partridge
• Diane Patrick
• Ed Sosa
• Bonnie Stone
• Patti Trepkowski
• Jim VanDokkumburg
• Rick Vanderveen
• George Waite

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Supplier Diversity Team Charter

• Charter
• To establish and implement proactive policies and
  programs to increase institutional commerce with
  diverse businesses including disabled,
  minorities, women, veterans and other
  economically disadvantaged classifications with
  measurable goals, reflective of our community,
  that are monitored and enforced.

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Who endorses supplier diversity?

• Board of Trustees
• President Olivarez and CLC
• Supplier Diversity Team
• City of Grand Rapids
• GR Chamber of Commerce
• Community, students, staff

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• Why Supplier Diversity?
• To obtain the best value pricing and bids
• Obligation to taxpayers
• Obligation to students
• Obligation to ensure purchasing practices free
  from discrimination
• Create a pool of suppliers representative of
  community
• Advance equal economic opportunity
• Live the Raider Values!

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• How do you locate minority and women suppliers?
• What process can you initiate to improve
  participation?

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• Questions?