Victor Valley College
Comparative Enrollment Data
2000-2001 through 2009-2010
Actual FTES Reported
Credit
2000-2001
2001-2002
2002-2003
2003-2004
2004-2005
2005-2006
2006-2007
2007-2008
2008-2009
2009-2010
6,485
7,365
7,713
7,801
8,782
8,745
8,543
8,946
9,6
, 81
9,826
Total %
Change
4.06%
18.18%
23.77%
25.18%
40.91%
40.32%
37.08%
36.19%
49.29%
51.52%
Noncredit
1,315
506
793
487
398
304
203
265
346
176
Total %
Change
211.65%
19.79%
87.93%
15.29%
-5.65%
-28.04%
-51.93%
-65.82%
-73.69%
-86.58%
Total
7,800
7,871
8,506
8,288
9,180
9,049
8,746
9,211
10,027
,
10,002
Total %
Change
17.22%
18.28%
27.84%
24.55%
37.96%
35.99%
31.43%
25.41%
28.55%
28.24%
Annual %
Change in
FTES
6.19%
0.90%
8.08%
-2.57%
10.76%
-1.43%
-3.35%
5.32%
8.86%
-0.25%
Analysis:
Actual FTES have increased by about 28% over the past ten years.
Actual Credit FTES have increased by 52% over the past ten years, while Noncredit FTES have decreased by 87%.
Actual FTES have decreased during three of the past nine years.
SOURCE: Report produced from CCFS-320 Report; 2009-2010 data reported July 15 is not final.
VVCCD: Effect of Workload Reduction on FTES
FTES Funded
Actual + Roll Unfunded
13,000 12,000 90%
91%
92%
Section Counts**
93%
94%
561.23
419.91
768.73
1,406.19
1,545.37
8,000 2% growth
9,893
9,699
9
9,489
2.21% growth
9,699
9
3.39% reduction
9
9,699
60%
6,000 5,000 80%
70%
9,000 7,000 100%
90%
11,000 10,000 Fill Rates*
4,000 50%
40%
30%
3,000 20%
2,000 2,736 2,709 2,682 2,655 2,628 10%
1,000 ‐
0%
2009‐2010 2010‐2011 Projected
2011‐2012 Projected
2012‐2013 Projected
2013‐2014 Projected
*Includes credit, cross-listed (primary) and active sections. Does not include non-credit, independent study, cooperative
education, honors, open labs, BSKL or zero limit sections
**Section counts are projected at a1% reduction per year and fill rates are projected at a 1% increase per year.
VVCCD: Institutional Effectiveness Office
09/29/10
General Fund Budget Assumptions
For Fiscal-Year 2010-2011
General Assumptions:
1. The District shall maintain legal compliance of the 50% law.
2. The District will develop a balanced budget with a minimum 5% ending fund balance (reserve).
3. The Program Review, Planning, and Budget Development Process will guide the allocation of
resources.
4. The District will strive to maintain course offerings at 2009/10 levels.
5. Since the State budget has not been passed, the District will apply the Governor’s May Revise
2010 proposed budget in developing the 2010/11 budget.
Revenue Assumptions:
6. The State enrollment growth is proposed at 2.21%.
7. State proposed categorical funding may be adjusted as follows:
• Reduction in EOPS by $5 million
• Reduction in Part-time faculty compensation by $5 million
• Increase in career-technical education (CTE) by $10 million
• Elimination of funding for CalWORKS
• Elimination of State Child Care services by $1.2 billion
8. The State proposes that the apportionment will include an adjustment of -0.38% for COLA.
9. The State proposes to backfill any decline in property tax revenues from the 2009/10 level.
10. The solar field will generate approximately $620,000 in new revenue from renewable solar energy
credits (REC).
11. Local revenue will increase by approximately $485,000 (rentals, leases, Head Start, etc.).
12. Reserve funds will be utilized to offset revenue shortfall.
13. The base allocation increase of approximately $1 million will be maintained for medium college
status that was attained in fiscal year 2008/09 (10,001 FTES).
Expense Assumptions:
14.
15.
16.
17.
18.
District health benefits will increase by approximately $630,000.
State Unemployment Insurance rate will increase from .30% to .72%.
Employer contribution to PERS will increase from 9.428% to 10.2%.
Vacancies due to retirement or resignation may not automatically be filled.
The District will save approximately $400,000 by implementing energy efficiency measures.
Victor Valley Community College District
Victor Valley Community College District
Unrestricted General Fund
10/1/2010
Actual
Budget Year
2009-2010
Full-Time Equivalent Students (Funded)
Full-Time Equivalent Students (Unfunded)
Full-Time Equivalent Students (Rolled)
Total FTES
BEGINNING FUND BALANCE
9,489
561
551
10,601
Current
Budget Year
2010-2011
-3.39%
$9,293,779
9,699
420
900
11,019
Estimated
Budget Year
2011-2012
2.21%
9,699
769
900
11,367
Estimated
Budget Year
2012-2013
0.00%
9,699
1,406
900
12,005
Estimated
Budget Year
2013-2014
0.00%
9,893
1,525
900
12,318
$9,202,648
$7,469,748
$4,989,485
$2,843,980
$38,629,102
$394,556
$14,192,320
$0
$5,650,000
$37,275,970
$235,643
$11,105,459
$1,228,472
$0
$37,275,970
$235,643
$11,105,459
$842,000
$0
$37,275,970
$235,643
$11,105,459
$620,000
$0
$38,021,490
$159,048
$11,105,459
$620,000
$0
$58,865,978
$49,845,544
$49,459,072
$49,237,072
$49,905,997
$23,077,070
$10,707,023
$7,948,221
$6,500,000
$2,418,268
$0
$572,231
$6,576,236
$1,156,861
$1,200
$58,957,110
$23,325,865
$11,112,199
$8,546,994
$0
$0
$465,552
$697,030
$6,514,544
$616,260
$300,000
$51,578,444
$23,531,865
$11,268,199
$8,634,885
$0
$0
$465,552
$697,030
$6,425,544
$616,260
$300,000
$51,939,335
$23,737,865
$11,424,199
$9,292,128
$0
$0
$465,552
$697,030
$6,099,544
$616,260
$300,000
$52,632,578
$23,943,865
$11,580,199
$10,047,956
$0
$0
$465,552
$697,030
$6,099,544
$616,260
$300,000
$53,750,406
2.0%
CATEGORY
ESTIMATED REVENUES
State (Apportionment Only)
State (All Other)
Local (Property Tax included)
One-Time Revenue
Transfers In: Reserve
TOTAL REVENUES
ESTIMATED EXPENDITURES
Academic Salaries
Classified Salaries
Employee Benefits
Fund OPEB Trust
Payoff SERP #1 and #2
Cost to Maintain FTES (10,000)
Supplies, Software, Subscriptions
Services and Operations
Capital Outlay
Debt Svc., Transfers, Reserves
TOTAL ESTIMATED EXPENDITURES
Budget Deficit
$
$1,593,980
$0
$1,593,980
1,250,000
ENDING FUND BALANCE
$
2,843,980
FUND BALANCE
BRIDGE BALANCE
ENDING FUND BALANCE
$3,202,648
$6,000,000
$9,202,648
5.4%
$2,669,748
$4,800,000
$7,469,748
5.2%
$2,789,485
$2,200,000
$4,989,485
5.4%
3.0%
($1,000,430)
$0
($1,000,430)
$
4,000,000
-1.9%
5.4%
$
5.6%
2,999,570
Victor Valley College
Projected Ending Fund Balance
Fund 01: General Fund
Obj.
Trial Balance
Code
Account Description
Debit
Revenue/Expenses
Credit
Debit
Credit
Balance Sheet
Debit
Credit
9110 Cash in County
11,190,084
11,190,084
0
9130 Revolving Cash
50,000
50,000
0
10,658,856
0
0
0
9159 A/R Setup
9160 Accts Receivable
9170 Due From other Funds
9225 Pre-paid items
10,658,856
0
1,754,391
140,247
9509 Current Liabilities
9510 Accts Payable
0
9517 Liab: Vacation Liability
1,754,391
0
0
140,247
0
6,331,334
0
6,331,334
1,182
0
1,500,000
9520 Liab: Due To Other Funds
1,182
1,500,000
215,159
9523 A/P: Sales Tax
9531 Temporary Loans
0
0
0
0
215,159
0
0
0
0
9540 Deferred Revenue
137,555
0
137,555
9564 H&W Payable
495,592
0
495,592
9565 UI Payable
58,675
9566 W/C Payable
58,675
0
161,013
0
161,013
0
0
4,760
0
4,760
9,795
0
9,795
236,381
0
236,381
3,100,500
9567 Revenue Bonds
9568 PARS Payable
9569 Mapping Error
9570 Long-Term Liabilities
9615 Post-Employment Benefits
9701 Beg Fund Balance
9703 Audit Adjustments
0
3,100,500
0
10,899,622
0
0
0
0
11,657,164
78.78%
9,182,984 Unrest
1,818
0
1,818
21.06%
2,454,517 Categorical
9704 Ending Fund Balance
9910 Use Tax Payable
0.00%
8100
8600
8800
8900
1000
2000
3000
4000
5000
6000
7000
Income/Expense Summary
Federal Revenue
State Revenue
Local Revenue
Transfers In
Academic Salaries
Classified Salaries
Health & Benefits
Supplies
Services
Equipment
Grants/Debt Service
4,628,602
43,553,663
16,462,856
5,650,000
25,486,057
13,366,430
15,595,148
1,303,878
11,837,051
1,583,828
365,187
93,389,832
93,389,832
757,542
0
0
0
0
25,486,057
13,366,430
15,595,148
1,303,878
11,837,051
1,583,828
365,187
70,295,121
0 Bridge
4,628,602
43,553,663
16,462,856
5,650,000
0
0
0
0
0
0
70,295,121
23,852,253
23,852,253
C:\Documents and Settings\Ortad\Desktop\2010-11 Budget Books\2009-10 ProjectedEndingFundBalances 8-18-10.xls
Page 1
Victor Valley College
Projected Ending Fund Balance
Fund 29: Debt Service Fund
Obj.
Trial Balance
Code
Account Description
9110
Cash in County
9150.20
Investments-Capitalized Interest Fund
9150.30
Investments-Guaranteed Invest. Contract
9150.40
Investments-Lease Payment Fund
9159
A/R Setup
9160
Accts Receivable
9509
Current. Liabilities
9510
Long-Term Debt - COPs
9701
Fund Bal. Unrestricted
9704
Ending Fund Balance
9714
Amount to be provided for Debt
9715
Reserve for Debt Service
Debit
Balance Sheet
Revenue/Expenses
Credit
Debit
Credit
Debit
195,055
195,055
0
0
21,402,968
21,402,968
0
0
0
745
745
0
0
0
0
0
28,022,430
Income/Expenses Summary
0
3,322
0
0
0
0
0
6,423,662
8860
Interest Income-County
8860.20
Interest Income-CIF
0
0
8860.40
Interest Income-LP
0
0
0
1,923,016
1,923,016
0
21,598,768
0
0
21,598,768
21,598,768
3,322
8860.30
Interest Income-GIC
8980
Interfund transfers-IN
7131
Debt Retirement - Debt Redemption
0
0
0
7141
Debt Retirement - Int & Other Svc Chg
0
0
0
7191
Debt Service - Other Payments
0
0
0
7190
Debt Service
7490
Interfund transfers - OUT
Totals:
Credit
0
0
8,350,000
29,948,768
29,948,768
0
0
8,350,000
0
8,350,000
8,350,000
Victor Valley College
Projected Ending Fund Balance
Fund 71: Capital Outlay
Obj.
Trial Balance
Code Account Description
Debit
9110 Cash in County
3,610,784
9159 A/R Setup
1,103,002
9160 Accts Receivable
9170 Due From Other Funds
Revenue/Expenses
Credit
Debit
Balance Sheet
Credit
Debit
-
-
1,103,002
-
-
57
9509 Current Liabilities
Credit
3,610,784
57
229,890
-
9510 Accts Payable
-
9520 Due To Other Funds
-
618,841
-
2,880,247
-
229,890
618,841
9530 Temporary Loans
9701 Fund Bal. Unrestricted
9703 Audit Adjustments
9704 Ending FB
-
-
Use Tax Payable
Income/Expenses Summary
-
8653 State Revenue
785,388
8980 Incoming Transfers
984,865
-
-
785,388
2,700,000
2,700,000
7,786
7,786
-
5000 Services
323,684
323,684
-
8
8
1,988,214
1,988,214
19,704
19,704
-
1,645
1,645
-
159,482
159,482
6400 Equipment
6410 Furniture
6440 Transportation-Vehicles
Totals:
7,214,366
7,214,366
-
-
4000 Supplies
6200 Bldgs: New & Remodel
936,707 Redev
2,928,405 GIC
-
8800 Local Revenue
6120 Site Improvements
3,865,112
-
3,485,388
3,485,388
4,713,843
4,713,843
Victor Valley College
Projected Ending Fund Balance
Fund 72: Child Development Center
Obj.
Code
Trial Balance
Account Description
Debit
Post- TB
Credit
Debit
Revenue/Expenses
Credit
Debit
Balance Sheet
Credit
Debit
Credit
9110 Cash in County
76,308
76,308
-
76,308
9130 Investments
45,539
45,539
-
45,539
1,534
1,534
-
1,534
0
1
-
1
0
-
0
9159 A/R Setup
9160 Accts Receivable
1
9170 Due From Other Funds
-
-
9225 Pre-Paid Items
-
-
9509 Current Liabilities
9510 Accts Payable
17,456
-
0
0
-
17,456
0
17,456
-
-
0
0
14,146
9520 Due To Other Funds
14,146
-
14,146
0
9701 Fund Bal. Unrestricted
90,259
-
90,259
0
-
-
0
0
-
-
0
77,590
0
0
9703 Audit Adjustments
9704 Ending FB
-
9705 Beg Bal Restatement
-
-
-
9910 Use Tax Payable
-
-
-
9790 Undesignated Fund Balance
14,190
Income/Expenses Summary
8198 Federal Block Grant
-
8199 Other Federal Income
-
8620 Child Deve Apportionment
8625 State Pre-School
14,190
14,190
-
-
12,669
-
-
0
0
-
-
0
0
500
-
500
0
500
252,191
-
252,191
0
252,191
8100 Federal Block Grants
-
-
-
0
0
8600 State Revenues
-
-
-
0
0
8800 Local Revenues
92,362
-
92,362
0
92,362
1000 Academic Salaries
157,203
157,203
-
157,203
0
2000 Classified Salaries
111,692
111,692
-
111,692
0
3000 Health & Benefits
78,729
78,729
-
78,729
0
4000 Supplies
8,046
8,046
-
8,046
0
5000 Services
2,052
2,052
-
2,052
0
-
-
-
0
0
6000 Equipment
7000 Transfers
Totals:
481,104
481,104
481,104
481,104
0
0
357,722
357,722
0
123,382
123,382
2/10/2011
Victor Valley College
Projected Ending Fund Balance
Fund 73: Student Center Fee
Obj.
Code
Account Description
9110 Cash in County
9159 A/R Setup
9160 Accts Receivable
Trial Balance
Debit
Credit
Post- TB
Debit
Credit
23,537
23,537
-
23,537
-
1,143
1,143
-
1,143
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
9170 Due From Other Funds
9509 Current Liabilities
-
9510 Accts Payable
Revenue/Expenses
Debit
Credit
Balance Sheet
Debit
Credit
9520 Due To Other Funds
-
16,952
-
16,952
9701 Fund Balance
-
8,170
-
8,170
-
9703 Audit Adjustments
-
-
-
-
-
-
9704 Ending FB
-
-
-
-
-
7,728
-
-
-
Income/Expenses Summary
8800 Local Revenues
111,622
-
111,622
16,952
442
-
111,622
4000 Supplies
-
-
-
-
-
5000 Services
-
-
-
-
-
6000 Equipment
-
-
-
-
-
7490 Other Outgoing Transfers
Totals:
112,064
136,744
112,064
136,744
136,744
136,744
112,064
112,064
-
112,064
24,680
24,680
2/10/2011
Victor Valley College
Projected Ending Fund Balance
Fund 75: Health Trust Fund
Obj.
Code Account Description
9110 Cash in County
9159 A/R Setup
Trial Balance
Debit
Credit
Debit
31,170
31,170
91
9160 Accts Receivable
Post- TB
Credit
0
Revenue/Expenses
Debit
Credit
Balance Sheet
Debit
Credit
0
31,170
0
91
0
91
0
0
0
0
0
9170 Due From Other Funds
0
0
0
9509 Current Liabilities
0
0
0
0
9510 Accts Payable
0
0
0
0
0
9520 Temporary Loans
9701 Fund Balance
23,261
9704 Ending FB
Income/Expenses Summary
8800 Local Revenue
7490 Other Outgoing Transfers
Totals:
8,000
0
31,261
31,261
0
0
0
0
23,261
0
0
0
0
0
8,000
0
8,000
0
0
0
0
31,261
31,261
0
8,000
31,261
8,000
0
8,000
31,261
31,261
2/10/2011
Victor Valley College
Projected Ending Fund Balance
Fund 78: Self Insurance Fund
Obj.
Code Account Description
Trial Balance
Debit
Credit
Post- TB
Debit
Revenue/Expenses
Debit
Credit
Credit
Balance Sheet
Debit
Credit
9110 Cash in County
49,185
49,185
-
49,185
-
9130 Revolving Cash
20,000
20,000
-
20,000
-
173
173
-
173
-
0
-
9159 A/R Setup
9160 Accts Receivable
0
0
9225 Pre-paid Items
9509 Current Liabilities
3,388
9510 Accts Payable
9520 Due to Other Funds
189
9701 Fund Balance
101,317
9704 Ending FB
-
-
-
3,388
-
-
-
-
-
-
189
-
189
-
101,317
-
-
9799 Use Tax Payable
-
44
1,089
0
0
0
1,089
4000 Supplies
13,689
13,689
5000 Services
21,201
1,779
6000 Equipment
Totals:
106,027
106,027
-
44
Income/Expenses Summary
8800 Local Revenue
-
-
35,580
0
0
1,089
13,689
21,201
-
21,201
-
1,779
-
1,779
-
-
-
-
-
36,669
36,669
106,027
65,737
44
-
106,027
3,388
-
69,358
69,358
2/10/2011
2010-2011 AUXILIARY SERVICES FUND
ESTIMATED BEGINNING FUND BALANCE
Estimated Local Revenues:
8600 Pepsi Commission
Pepsi Exclusivity
Vending Commission
SAC Rental
PAC Rental
Athletic Fields/Gym Rental
Student Center Fee
Aux locker/sanitary/custodial
Citizen ATM
Interest Income
Aux Misc Income
Rent:
Farmers Market
Excelsior Education Center
Auto Fair
Western Gov University
S&B Foods
$
304,743
$
689,250
$
325,000
23,000
20,000
10,000
15,000
30,000
14,000
100,000
1,000
1,000
1,250
5,000
10,000
435,000
14,000
2,000
8,000
TOTAL ESTIMATED LOCAL REVENUES
2000 Salaries
$
250,000
3000 Benefits
$
75,000
$
1,000
3,500
1,000
27,500
5,000
10,500
7,500
25,000
1,000
15,000
435,000
5,000
8,000
15,000
25,000
15,000
4000 Other
Cash over/short
Bank service charges
Food & Related Items
Promotional expenses
Rentals
Software License upgrades/ fees
Equipment/Furniture
Scholarships
Memberships
Contract/Repairs
Aux Contribution/Board
Travel/Conference
Misc Expense
SAC/PAC Maintenance Fund
PVC-ID Card
District Expenses
$
600,000
TOTAL EXPENDITURES
$
925,000
Estimated Ending Fund Balance
$
68,993
2010-2011 RAMS BOOKSTORE FUND
ESTIMATED BEGINNING FUND BALANCE
Estimated Local Revenues:
8600 New Text
Used Text
Custom Publish
Trade Books
Clothing
Bundles
Supplies
Electronics
Gifts
Sundries
Graduation
Other Income
Interest Income
Shipping/handling
TOTAL ESTIMATED REVENUES
Cost of Goods Sold
Gross Margin from Local Revenues
Estimated Expenditures:
2000 Salaries
Contract Salaries
Short-term Salaries
Total Salaries
3000 Benefits
Total Salaries & Benefits
4000 Other
Penalty
Postage
Credit Not Received Loss
Over/short
Bad Checks
Bad debt expense
Bank Service Charge
Software License upgrade/fees
Contract-Repair/Services
Credit Card Fees
Donation
Memberships/Training/conferences
Miscellaneous
Office Supplies/Paper/boxes
Promotions
Scholarships
Contract Equip Maintance
Contract Services/prism/web
POS/Technology upgrades
Advertising expense
Telephone
TOTAL EXPENDITURES
Estimated Ending Fund Balance
$
$
2,600,000
425,000
20,000
25,000
95,000
8,000
175,000
35,000
15,000
85,000
25,000
25,000
3,000
8,000
$
$
$
3,544,000
(2,442,800)
1,101,200
500,000
65,000
$
$
909,056
$
565,000
175,000
740,000
$
361,200
1,101,200
$
909,056
5,000
3,000
20,000
2,000
5,000
15,000
4,200
15,000
20,000
50,000
15,000
20,000
15,000
20,000
10,000
10,000
15,000
25,000
75,000
15,000
2,000
2010-2011 ASSOCIATED STUDENT BODY TRUST FUND
ESTIMATED BEGINNING FUND BALANCE
Estimated Revenues:
ASB Card Sales
Interest Income
Miscellaneous
Student Representation Fees
$
$
212,567
$
165,000
150,000
1,500
1,500
12,000
Estimated Expenditures:
Athletic Expense
Theatre Arts Expense
Bank Service / Acct fees
Contract/service/software
Contributions
Advertising Expense
Activities Fund
Field Trips
Dues & Conference
Clubs - ICC
Supplies Expense
Scholarships
Campus Improvements
ASB Book vouchers
Student Rep Fee
$37,500
2,500
9,000
2,000
2,000
2,500
20,000
1,000
25,600
3,500
3,000
3,000
35,000
6,400
12,000
TOTAL ESTIMATED EXPENDITURES
Estimated Ending Fund Balance
165,000
$
212,567
Victor Valley College
Comparative Financial Data
1998-1999 through 2009-2010
SUMMARY OF GENERAL FUND REVENUE (Unrestricted and Restricted)
Federal
1998-1999
1999-2000
2000-2001
2001-2002
2002-2003
2003-2004
2004-2005
2005-2006
2006-2007
2007-2008
2008-2009
2009-2010
SOURCE:
$
$
$
$
$
$
$
$
$
$
$
$
784,855
841,469
1,737,586
1,094,187
1,318,542
1,485,087
1,198,154
1,833,376
3,115,071
3,185,227
4,144,202
3,184,612
Total %
Change
7.21%
106.49%
-37.03%
20.50%
12.63%
-19.32%
53.02%
69.91%
2.25%
30.11%
-23.16%
State
$
$
$
$
$
$
$
$
$
$
$
$
16,392,050
18,084,730
22,578,663
24,649,893
22,584,244
21,184,999
29,702,677
34,650,712
40,928,670
41,239,867
41,047,378
41,245,508
Total %
Change
10.33%
24.85%
9.17%
-8.38%
-6.20%
40.21%
16.66%
18.12%
0.76%
-0.47%
0.48%
Local
$
$
$
$
$
$
$
$
$
$
$
$
12,561,860
12,429,766
13,979,856
14,701,235
16,230,920
17,938,367
12,556,978
13,961,493
12,318,571
13,815,391
13,201,337
13,810,501
Total %
Change
-1.05%
12.47%
5.16%
10.41%
10.52%
-30.00%
11.19%
-11.77%
12.15%
-4.44%
4.61%
Fiscal Data Abstracts 1998-99 - 2008-2009 published by the Chancellor's Office
2009-2010 from unaudited closing college financial reports.
Total
$
$
$
$
$
$
$
$
$
$
$
$
29,738,765
31,355,965
38,296,105
40,445,315
40,133,706
40,608,453
43,457,809
50,445,581
56,362,311
58,240,485
58,392,917
58,240,621
Total %
Change
5.44%
22.13%
5.61%
-0.77%
1.18%
7.02%
16.08%
11.73%
3.33%
0.26%
-0.26%
Victor Valley College
Comparative Financial Data
1998-1999 through 2009-2010
TOTAL GENERAL FUND EXPENDITURES BY TYPE
Academic
Salaries
Total %
Change
Classified
Salaries
Total %
Change
Benefits
Total %
Change
Supplies,
Materials,
Services
Total %
Change
Capital
Outlay
Total %
Change
Total
Total %
Change
Expense
Per FTES
Annual %
Change
1998-1999
$
11,040,876
$
6,389,089
$
2,940,115
$
4,939,278
$
2,862,079
$ 28,171,437
$
4,234
1999-2000
$
12,519,771
13.39% $
7,215,075
12.93% $
3,464,995
17.85% $
5,675,461
14.90% $
2,339,148
-18.27% $ 31,214,450
10.80% $
4,250
0.38%
2000-2001
$
14,239,439
13.74% $
8,083,654
12.04% $
3,968,843
14.54% $
6,379,965
12.41% $
3,285,145
40.44% $ 35,957,046
15.19% $
4,610
8.47%
2001-2002
$
15,652,183
9.92% $
9,317,001
15.26% $
4,845,693
22.09% $
6,791,757
6.45% $
2,674,063
-18.60% $ 39,280,697
9.24% $
4,991
8.26%
2002-2003
$
17,071,550
9.07% $
10,153,421
8.98% $
5,747,645
18.61% $
6,258,904
-7.85% $
1,769,942
-33.81% $ 41,001,462
4.38% $
4,820
-3.42%
2003-2004
$
16,590,904
-2.82% $
9,554,092
-5.90% $
6,646,631
15.64% $
5,592,504
-10.65% $
1,783,225
0.75% $ 40,167,356
-2.03% $
4,847
0.55%
2004-2005
$
17,521,264
5.61% $
9,215,563
-3.54% $
7,372,478
10.92% $
6,779,131
21.22% $
1,785,396
0.12% $ 42,673,832
6.24% $
4,649
-4.08%
2005-2006
$
18,775,347
7.16% $
9,977,350
8.27% $
9,600,861
30.23% $
7,636,152
12.64% $
1,829,186
2.45% $ 47,818,896
12.06% $
5,285
13.68%
2006-2007
$
21,677,667
15.46% $
11,804,044
18.31% $
10,429,132
8.63% $
8,985,767
17.67% $
2,954,590
61.52% $ 55,851,199
16.80% $
6,386
20.84%
2007-2008
$
24,071,150
11.04% $
13,327,303
12.90% $
8,805,955
-15.56% $
8,871,172
-1.28% $
1,798,417
-39.13% $ 56,873,997
1.83% $
6,174
(0.03)
2008-2009
$
24,957,183
3.68% $
13,599,678
2.04% $
8,851,942
0.52% $
9,819,227
10.69% $
1,234,977
-31.33% $ 58,463,007
2.79% $
5,830
(0.06)
2009-2010
$
25,486,057
2.12% $
13,366,430
-1.72% $
15,595,148
76.18% $
13,140,929
33.83% $
1,583,828
28.25% $ 69,172,391
18.32% $
6,916
0.19
SOURCE:
Fiscal Data Abstracts 1998-99 - 2008-2009 published by the Chancellor's Office
2009-10 Unaudited College Financial Reports
NOTE:
2009-10 Benefits includes $6.5 million to fund OPEB
2009-10 Supplies, Materials, Services includes payoff the SERP 1 & 2
Victor Valley College
Comparative Financial Data
1998-1999 through 2009-2010
SELECTED COSTS PER FTES
Instructional
Salaries Per
FTES
1998-1999
1999-2000
2000-2001
2001-2002
2002-2003
2003-2004
2004-2005
2005-2006
2006-2007
2007-2008
2008-2009
2009-2010
% of avg. annual
increase
$
$
$
$
$
$
$
$
$
$
$
$
1,659
1,705
1,826
1,989
2,007
2,002
1,909
2,07
, 5
2,479
2,613
2,489
2,548
4.9%
Classified
Salaries per
FTES
$
$
$
$
$
$
$
$
$
$
$
$
960
982
1,036
1,184
1,194
1,153
1,004
1,1
, 03
1,350
1,447
1,356
1,336
3.6%
$
$
$
$
$
$
$
$
$
$
$
$
Supplies,
Materials,
Services Per
FTES
742
773
818
863
736
675
738
844
1,027
963
979
1,314
7.0%
Analysis:
Instructional salary costs per FTES has increased an average of 4.9% yearly.
Salary costs per FTES decreased in 2003-04 and in 2004-05 as a result of fewer
low enrolled classes, vacant full-time position savings and lack of a collective bargaining
agreement.
SOURCE: Fiscal Data Abstracts 1998-99 - 2008-09 published by the Chancellor's Office
2009-10: Unaudited VVC Financial Reports
Victor Valley College
Comparative Financial Data
1998-1999 through 2008-2009
CURRENT EXPENSES OF EDUCATION (50% LAW - EC84362)
Current
Expense of
Education
1998-1999
1999-2000
2000-2001
2001-2002
2002-2003
2003 2004
2003-2004
2004-2005
2005-2006
2006-2007
2007-2008
2008-2009
$
$
$
$
$
$
$
$
$
$
$
20,238,840
22,172,130
24,880,592
29,999,292
33,120,468
31,408,430
33,805,417
38,769,218
42,670,004
42,606,931
46,712,388
Instructor's
Salaries
$
$
$
$
$
$
$
$
$
$
$
11,091,344
12,350,959
13,221,690
16,492,835
18,443,113
17,443,163
17,443,163
19,619,240
21,756,229
24,404,227
24,775,990
25,653,715
Percent of
Instructor's
Salaries to
Current Expense
of Education
54.80%
55.70%
53.14%
54.98%
55.68%
55.54%
58.04%
56.12%
57.19%
58.15%
54.92%
SOURCE: Fiscal Data Abstracts 1998-99 - 2008-09 published by the Chancellor's Office
State Rank
10th
2nd
19th
5th
4th
3rd
2nd
5th
3rd
1st
7th
Victor Valley College
Comparative Financial Data
1998-1999 through 2009-2010
SUMMARY OF GENERAL FUND TRANSACTIONS (Unrestricted and Restricted) Prior to audit adjustments
Adjusted
Beginning
Balance
Total %
Change
Revenue
Total %
Change
Expenditures
Total %
Change
Revenue
Less
Expenditures
Total %
Change
Other
Restricted
Unrestricted
Ending
Balance
Total %
Change
Annual %
Change in
Fund
Balance
Expenses
per FTES
%
Change
Since
98'-99'
1998-1999 $
2,404,338
$ 29,738,765
$ 28,171,417
$
1,567,348
$
(782,231) $ 3,189,455
$
4,234
1999-2000 $
1,873,727
-22.07% $ 31,355,965
5.44% $ 31,214,450
10.80% $
141,515
-90.97% $
(536,991) $ 1,478,251
-53.65%
-53.65%
$
4,250
1552.87% $
(151,773) $ 3,946,166
166.95%
166.95%
$
4,610
8.88%
-50.21% $ (1,251,088) $ 3,742,704
-5.16%
-5.16%
$
4,991
17.88%
$ 2,992,369
-20.05%
-20.05%
$
4,820
13.85%
-150.83% $ (1,120,306) $ 2,293,112
14.48%
2000-2001 $
1,758,880
-6.13% $ 38,296,105
22.13% $ 35,957,046
15.19% $
2,339,059
2001-2002 $
3,829,174
117.71% $ 40,445,315
5.61% $ 39,280,697
9.24% $
1,164,618
2002-2003 $
3,751,309
-2.03% $ 40,133,706
-0.77% $ 41,001,462
4.38% $
2003-2004 $
2,972,321
-20.77% $ 40,608,453
1.18% $ 40,167,356
-2.03% $
441,097
2004-2005 $
1,647,531
-44.57% $ 43,457,809
7.02% $ 42,673,832
6.24% $
783,977
2005-2006 $
2,105,263
27.78% $ 50,445,581
16.08% $ 47,818,896
12.06% $
2,626,685
(867,756) -174.51% $
108,816
0.38%
-23.37%
-23.37%
$
4,847
(288,041) $ 2,143,467
-6.53%
-6.53%
$
4,649
9.80%
235.05% $ (1,176,169) $ 3,555,779
65.89%
65.89%
$
5,285
24.82%
77.73% $
2006-2007 $
3,555,779
68.90% $ 56,362,311
11.73% $ 55,851,199
16.80% $
511,112
-80.54% $
7.23%
7.23%
$
6,386
50.84%
2007-2008 $
3,812,887
7.23% $ 60,040,485
6.53% $ 59,935,279
7.31% $
105,206
-79.42% $
-
$ 3,918,093
2.76%
2.76%
$
6,507
53.69%
2008 2009 $
2008-2009
6,918
918,093
093
81 44% $ 63,441,496
81.44%
63 441 496
5
5.66%
66% $ 59,
59 473
473,699
699
-0
0.77
77%
% $
3,967,797
967 797
3671 46% $
3671.46%
-
$ 10,885,890
10 885 890
177 84%
177.84%
177 84%
177.84%
$
5 931
5,931
40 09%
40.09%
2009-2010 $ 10,899,622
57.55% $ 70,295,121
10.80% $ 69,537,579
16.92% $
757,542
-80.91% $
-
$ 11,657,164
7.09%
7.09%
$
6,952
64.20%
SOURCE:
Fiscal Data Abstracts 1998-1999 thru 2009-2010 published by the Chancellor's Office (311-Reports)
2009-10 Unaudited Year-End College Financial Reports
(254,004) $ 3,812,887
Victor Valley College
2010-2011 General Fund Budget (Restricted and Unrestricted)
WHERE THE MONEY COMES FROM
REVENUES
2% Other Sources
21% Local
Revenues
8% Federal Funds
7% Categorical/
One-Time Funds
62% State
Apportionment
Victor Valley College
2010-2011 General Fund Budget (Restricted and Unrestricted)
WHERE THE MONEY GOES
EXPENDITURES
17% - Contracts,
Utilities, Audits, etc.
2% - Equipment
2% - Reserves,
Grants and
Transfers
38% - Academic
Salaries
3% - Supplies
15% - Benefits
4% - Classified
Managers
17% - Classified
Salaries
3% - Academic
Administrators