Expanded Budget & Financial Advisory Group
October 25, 2010
Minutes
Present: Kristen Abel, Sherri Dixon, Ed Frame, Elisha Gonzalez-Bonnewitz, Jared Graber,
Derek Harris, Keith Houck, Joe Livingston, Lisa Macon, Michele McArdle,
Kathleen Plinske, Pedro Rivera, Joyce Romano, Sandy Shugart, David Sutton,
Chris Wettstein, Bill White, Jane Wiese
The meeting focused on a multi-year financial planning model developed by Pedro Rivera.
The data for fiscal year 2009-10 was used for this year’s budget. Pedro reported that
enrollment growth did not reach the 8% estimate, which means less revenue in the form of
tuition, lab fees, tech fees, etc.
Leasing the McCoy Center is a source of unexpected revenue, since the lease was signed
after the budget was finalized.
It doesn’t appear likely that the State will reduce revenue in January; however, more
information will be available after the November elections.
Various scenarios within the multi-year financial planning model were discussed and how
different decisions played out financially:
 Increase tuition 3% more, since the State allowed an 8% increase and we only raised
tuition 5%
 Increase class sizes from an average of 22.4 to 22.6 or 23.4
 Convert four-month instructors to full-time, tenure track
 Offer more weekend classes
 Offer late classes such as mid-night classes that would appeal to students that work the
third-shift
 Cluster weekend and late night classes together to reduce energy costs and so that
students won’t have to walk past dark buildings
 Offer discounted tuition for students that register early
 Increase the capital improvement fee
 Review enrollment for online classes and adjust accordingly
Keith asked for feedback to bring to the senior team:
 Make every effort to ensure that students schedule their classes better and make better
choices.
 When enrollment increases, allow for increases in faculty, support staff and space needs
 The change in the withdrawal policy will mean an increase in repeat students.
 Explore the impact on average class sizes of growing AS enrollment and how online
may impact average class size.
Keith requested that Budget and Financial Advisory Group members review the draft
Budget Statement and send him any comments.