$34 billion shortfall. . .

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District Budget Forum
Budget Reductions 2002-03
California Budget

• 34 billion shortfall. . .
• or. . .
• 26 billion shortfall
• Does it really make a difference?
• Either way. . .
• ITS HUGE!!!

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District Budget Forum
Budget Reductions 2002-03
2002-2003 Mid-Year Budget Reductions

• Administrative Services 583,147
• West Valley College 1,752,062
• Mission College 1,437,923

Total Deficit 3,773,132
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District Budget Forum
Budget Reductions 2002-03
Mid-Year Budget Reductions Summary for FY
2002-2003 Administrative Services

• Fund 101
• Unrestricted General Fund PFE
• Admin Svcs Target for Mid-Year Budget Reductions
  - 97,697
• Total Reduction in
• Operating Budget 50,609
• Salary Savings from
• Vacant Positions 47,088
• Remaining 02-03 Mid Year Cuts -0-

• Fund 100
• Unrestricted General Fund
• Admin Svcs Target for Mid-Year Budget Reductions
  - 485,450
• Total Reduction in
• Operating Budget 206,193
• Salary Savings from
• Vacant Positions 279,257
• Remaining 02-03 Mid-Year Cuts
  -0-

Total Administrative Services Mid-Year Budget
Reductions - 583,147
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District Budget Forum
Budget Reductions 2002-03
Mid-Year Budget Reductions Summary for FY
2002-2003 Mission College

• Fund 100
• Unrestricted General Fund
• Mission Target for Mid-Year
• Budget Reductions -1,229,646
• Total Reduction in
• Operating Budget 247,979
• Total Reduction in
• PT Faculty Budget 209,717
• Salary Savings from
• Vacant Positions 771,950
• Remaining 02-03 Mid-Year Cuts
  -0-

• Fund 101
• Unrestricted General Fund PFE
• Mission Target for Mid-Year
• Budget Reductions - 208,277
• Total Reduction in
• Operating Budget 33,516
• Salary Savings from
• Vacant Positions 107,351
• Salary Savings from
• Expense Transfer
• to Fund 100 67,410
• Remaining 02-03 Mid-Year Cuts
  -0-

Total Mission College Mid-Year Budget
Reductions -1,437,923
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District Budget Forum
Budget Reductions 2002-03
Mid-Year Budget Reduction Summary for FY
2002-2003 West Valley College

• Fund 100
• Unrestricted General Fund
• West Valley Target for Mid-Year Budget
  Reductions - 1,521,239
• Total Reduction in Operating
• Budget 556,367
• Total Reduction in PT
• Faculty Budget 302,000
• Salary Savings from
• Vacant Positions 662,872
• Remaining 02-03 Mid-Year Cuts 0

• Fund 101
• Unrestricted General Fund PFE
• West Valley Target for Mid-Year
• Budget Reductions -
  230,823
• Total Reduction in
• Operating Budget 182,576
• Salary Savings from
• Vacant Positions
  48,247
• Remaining 02-03 Mid-Year Cuts
  0

Total West Valley College Mid-Year Budget
Reductions -1,752,062
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District Budget Forum
Budget Reductions 2002-03
Unrestricted General Fund Expenditure
Budgets Mid-Year 2002-2003
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District Budget Forum
Budget Reductions 2002-03
Preliminary Budget Reductions 2003-2004

• Mission College 5,859,943
• Administrative Services 2,428,768
• West Valley College 6,933,918

Districts Total Deficit 15,222,629
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District Budget Forum
Budget Reductions 2002-03
Summary of Budget Cuts for the Unrestricted
General Fund Beginning in 2002-2003

• The Colleges and Administrative Services made
  significant cuts in order to balance the
  2002-2003 Adopted Budget
• 2002-2003 Mid-Year Cuts 3.8 million
• 2003-2004 Estimated Cuts of 2.7 million (as
  projected in the 2002-2003 Adopted Budget)
• 2003-2004 Decrease in Projected Revenue 4.7
  million
• 2003-2004 Increase in Medical/PERS 3.7 million
• 2003-2004 Projected Column and Step increases .6
  million
• Total 15.5

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District Budget Forum
Budget Reductions 2002-03

• Planning for 2003-2004

• District / Union Negotiations

• Prepare 2003-2004 Budget for Submission to
• District on April 14, 2003