MATC Vision
MATC is a premier, comprehensive technical college
that provides excellence in education
to enrich, empower, and transform lives
in our community
June 9, 2010
NOTICE TO RESIDENTS OF THE MILWAUKEE AREA
TECHNICAL COLLEGE DISTRICT, WISCONSIN
NOTICE OF PUBLIC HEARING
A PUBLIC HEARING* on the proposed 2010-2011 budget of the MILWAUKEE
AREA TECHNICAL COLLEGE DISTRICT BOARD, WISCONSIN, will be held in
ROOM S120, STUDENT SERVICES BUILDING, of MILWAUKEE AREA
TECHNICAL COLLEGE, 700 WEST STATE STREET, MILWAUKEE, WISCONSIN,
on TUESDAY, JUNE 15, 2010, beginning at 5:00 P.M. The agenda for said meeting
is presented as follows:
A.
Roll Call
B.
Compliance with the Open Meetings Law
C.
Presentation of Proposed Budget
D.
Comments from the Public
E.
Miscellaneous Items
1.
Communications and Petitions
F. Adjournment
The detailed budget is available for public inspection Monday through Friday
between the hours of 7:45 a.m. and 4:15 p.m. at the MATC Business Office (Room
M201) of the Downtown Milwaukee Campus, 700 West State Street, Milwaukee,
Wisconsin.
*
This meeting may be conducted in part by telephone. Several participants in the
meeting may participate by telephone. Telephone speakers will be available to allow the
public to hear those parts of the proceedings that are open to the public.
Reasonable accommodations are available through the ADA Office for individuals who need assistance.
Please call 414-297-6221 to schedule services at least 48 hours prior to the meeting.
June 15, 2010 Public Hearing
Tonight’s Agenda
• Accomplishments and Highlights
• Capital Budget
• Operating Budget
FY 2009-10
Accomplishments
and Highlights
2010 Leadership Changes
•
•
•
•
Dr. Michael L. Burke, President
Dr. Vicki Martin, Executive VP and Provost
Dr. Pablo Cardona, Interim VP, Mequon Campus
Dr. Evonne Carter, Interim Dean, Liberal Arts
2010 Student Experiences
• Opened a new Funeral Service Lab at West Allis
Campus.
• Opened a new Baking Lab and introduced a new
Baking & Pastry Arts Associate Degree Program.
• Upgraded Science Labs at Oak Creek, Mequon
and West Allis Campuses.
• Upgraded High School Auto Lab.
2010 Sustainable Projects
• Began construction of the Photovoltaic
Educational Lab.
• Installed LED Lighting in the 8th and State
Parking Structure.
• Installed High Efficiency Lighting in the
Upper and Lower C Parking Structures.
2010 General Projects
•
•
•
•
•
•
Opened Stormers Cafés at all Regional Campuses.
Renovated the Lower C Parking Structure.
Renovated Student Accommodation Services.
Opened the Student Services Welcome Center
Completed the Wellness Hiking Trail at Oak Creek Campus.
Completed a Landscaping Training Area at Mequon
Campus.
• Implemented a Mass Notification System at all campuses.
Community Events
•
•
•
•
•
•
•
Portfolio Night at Discovery World.
The Wisconsin Renewable Energy Summit.
Alternative Fuel Vehicle Workshop.
Five-Star Culinary Event.
S.T.E.M. Conference.
Empty Bowls Fundraiser at Oak Creek Campus.
Medicine Collection Day at
Mequon Campus.
MILWAUKEE AREA
TECHNICAL COLLEGE
FY 2010 – 2011 CAPITAL
BUDGET
Construction, Renovation and
Equipment Budget
• Academic Program Upgrades: $5,010,000
– Cuisine Fine Dining Lab, Oak Creek Culinary Lab,
Renovate Barber/Cosmetology Lab
• Sustainable Projects: $4,900,000
– High Efficiency Chiller, Window Replacement,
Cooling System Improvements
• Required Repair: $1,950,000
– C Building Freight elevator, MEC South Roof
Replacement, Mequon Parking Lot Replacement
• Other General Projects: $2,170,000
– Flooring, Wall Covering, Etc.
• MPTV: $970,000
• Equipment: $16,000,000
General Borrowing
•
•
•
•
Construction and Renovation: $15,000,000
Equipment: $16,000,000
Interest Rate: 3.25%
Repayment
– Equipment Debt: 5 Years
– Construction & Renovation: 4 Years
MILWAUKEE AREA
TECHNICAL COLLEGE
FY 2010 – 2011 GENERAL
FUND BUDGET
Critical Assumptions
• 0% In/Decrease in Equalized Property Values
• Wages Increase at Contracted Rates
• Health Care Inflation = 12% in the HMO and
19% in the PPO
• Tuition increase: 4.5% (established by WTCS
Board)
• FTE estimate: 14,386
Critical Assumptions (Continued)
• Funding Other Post Employment Benefits
(OPEB): $1,000,000
• Ending General Fund balance: 13.44%
Revenue General Operations
2011 Proposed Budget
State Aid –
$ 26.5M
Tuition & Fees $ 46.9M
Contract and Other Revenue $ 6.5M
Local Property Tax $ 116.3M
GENERAL FUND 2011 PROPOSED BUDGET
GENERAL FUND 2010 ESTIMATED ACTUAL
STATE AIDE
13%
STATE AIDE
14%
PROPERTY
TAXES
59%
2010 Estimated Actual
$ 26.7M
$ 45.2M
$ 4.9M
$ 116.5M
STUDENT
TUITION &
FEES
24%
OTHER MISC
REVENUE
3%
PROPERTY
TAXES
63%
STUDENT
TUITION &
FEES
20%
OTHER MISC
REVENUE
4%
Expenditures General Operation
•
•
•
•
•
•
2011 Proposed Budget
2010 Estimate Actual
$ 138.7M
$
5.0M
$ 20.5M
$ 17.6M
$ 19.6M
$ -2.39M
$128.7M
$ 5.4M
$ 19.1M
$ 17.4M
$ 18.0M
$ - 2.5M
Instructional Instructional Resources Student Services General Institutional Physical Plant Planned Cost Containment -
PHYSICAL PLANT
GENERAL
10%
INSTITUTIONAL
9%
STUDENT SERVICES
10%
INSTRUCTION
RESOURCES
2%
COST CONTAINMENT
1%
GENERAL
INSTITUTIONA
L
9%
PHYSICAL
PLANT
9%
COST
CONTAINMEN
T
1%
STUDENT
SERVICES
10%
INSTRUCTION
68%
INSTRUCTION
RESOURCES
3%
INSTRUCTION
68%
Source and Use of All Funds
SOURCES OF FUNDS
STATE AIDE,
$33.7
PROPERTY
TAXES,
$148.8
BORROWING
, $31.0
USES OF FUNDS
FEDERAL
AIDE, $36.5
AUXILIARY
SERVICES, $56.8
PUBLIC SERVICE,
$8.0
COST
CONTAINMENT,
$(2.4)
INSTRUCTION,
$143.3
STUDENT
TUITION &
FEES, $50.3
OTHER MISC
REVENUE,
$65.4
PHYSICAL PLANT,
$106.0
INSTRUCTION
RESOURCES, $5.0
GENERAL
INSTITUTIONAL,
$18.0
• TOTAL SOURCES OF FUNDS - $ 365.7M
• TOTAL USES OF FUNDS
- $ 398.2M
• CHANGE IN RESERVE
- ($ 32.5M)
STUDENT
SERVICES, $63.5
Impact of MATC Tax Levy
YEAR
TYPE
MILL
RATE
MEDIAN
HOME
VALUE
MATC TAX ON
MEDIAN HOME
VALUE
2006
ACTUAL
1.88391
$150,000
$283
2007
ACTUAL
1.77036
$145,000
$257
2008
ACTUAL
1.77207
$138,000
$245
2009
ACTUAL
1.83534
$130,000
$239
2010
ACTUAL
1.91070
$126,000
$241
2011
PROPOSED
1.91894
$126,000
$242
Questions and Comments
For more information, contact:
Michael M. Sargent
Vice President, Finance
414-297-6492
Michael.Sargent@matc.edu
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