December 11, 2014 Meeting
Agenda
BUDGET COMMITTEE AGENDA
December 11, 2014 – 2:10 p.m.
Human Resources Conference Room
1. Approval of minutes from the November 20, 2014 meeting
2. DSP&S budget update
3. Student Equity budget update
4. Standard IIID: Financial Resources draft
5. January – Governor’s Proposed Budget Workshop
6. Other
Minutes
BUDGET COMMITTEE MINUTES
December 11, 2014
Members Present: Sonja Swenson, Brock McMurray, Sharyn Eveland, Bill Devine and Debbie Hegeman, recorder.
Members Absent: Barbara Amerio, Sheri Horn-Bunk, Aldrin Luben and Agnes Jose-Eguaras
APPROVAL OF MINUTES
A quorum of members was not present therefore the minutes from November 20, 2014 will be approved during the next meeting.
DSP&S BUDGET UPDATE
Brock noted the DSP&S Budget Augmentation request went to the Board for approval on December 10, 2014. The increase of $20,922 is good news since many of the services provided by this department are state mandated which means we must provide the services regardless of whether we receive funding.
STUDENT EQUITY BUDGET UPDATE
Brock informed the committee the Student Equity Budget is new therefore funds for this new program were not included in the 2014/2015 adopted budget. We will be receiving an allocation of $200,872 restricted funds however we have already received permission to spend the money now. In addition, the money can be carried over to next fiscal year through September 30, 2015.
STANDARD IIID: FINANCIAL RESOURCES (draft)
Several copies of the draft were emailed before the meeting for review and several updates were processed. Brock asked for comments from the committee on the document. Between Barbara Amerio, Bill Devine, Sharyn Eveland and Sonja Swenson there were many welcomed suggestions. These changes will be sent to Debbie to be included in the document.
JANUARY – GOVERNOR’S ‘PROPOSED BUDGET’ WORKSHOP
Brock will be attending the Governor’s “Proposed Budget” workshop in January 2015. He reported this workshop is when most of the Governor’s plans for 2015/2016 will be revealed. He said there is still on-going discussion about raising our base which would be great for Taft College. During our next meeting, Brock will provide a report of the news received during the workshop.
OTHER
Sonja is concerned about the decrease in prices at the gas pumps and how it would affect Taft College, as well as the State of California. As in the past, the falling gas prices affect Taft College mostly by increasing our enrollments due to field workers being out of work. Brock feels the decrease would not affect the State of California as much as it would affect Kern County.
(All handouts from this meeting will be available on the Intranet)
Respectfully submitted by:
______________________
Debbie Hegeman