FRC Responsibilities:
"The Fiscal Resources Committee provides district-level fiscal review including annual evaluation of the District's Budget Allocation Model, as well as develops and recommends tentative and adopted budget assumptions to District Council"
- Reviews and Evaluates Budget Allocation Model
- Monitors State Budget Development and Recommends Mid-Year Adjustments
- Develops Assumptions for Tentative & Adopted Budgets
- Develops District budget process calendar
- Assesses effective use of financial resources
- Reviews and Evaluates Financial Management Processes
FRC Planning Calendar:
| January | Review Governor's Proposed Budget and Audit Reports |
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| February | Review and Recommend Tentative Budget Assumptions and Review 320 P1
|
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| March | Review and Update Budget Allocation Model (BAM), Updated Allocation Simulation, and
Prior Year Deficit Factor
|
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| April | Review and Update Budget Allocation Model (BAM) |
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| May | Governor's May Revise, Review and Recommend Tentative Budget and Review 320 P2
|
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| June | |
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| July | Governor Signs Budget and Update Budget Assumptions |
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| August | Review and Recommend Proposed Adopted Budget and Review 320 P3
|
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| September | Review Multi-Year Projections (MYP) and Budget Calendar and Economic Development Report
|
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| October | Approve Budget Calendar and Committee Goals and Accomplishments
|
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| November | LAO Publishes Fiscal Outlook Report, Review Faculty Obligation Number (FON) and Review 320 Recal
|
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| December | |
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FRC Membership:
| Ricardo Alcaraz | Steven Deeley
| Morrie Barembaum (FARSCCD) |
CSEA - Vacant
| Veronica Munoz
| Noemi Guzman
|
Claire Coyne - Co-Chair
| Craig Rutan
| Iris Ingram - Chair
|
| Madeline Grant | Arleen Satele
| Adam O'Connor
|
Bart Hoffman
| Ethan Harlan
| Enrique Perez |
Vaniethia Hubbard (alternate)
| Jose Vargas (alternate)
| Thao Nguyen (alternate)
|
FRC Agendas & Minutes:
July 5, 2023
|
| July 5, 2023
|
August 16, 2023
|
| August 16, 2023
|
September 20, 2023
| FD 11 District Services Reconciliation of FY 2023/24 Adopted Budget
| September 20, 2023
|
October 18, 2023
| RSCCD FRC Survey Results
| October 18, 2023
|
November 15, 2023
| | November 15, 2023
|
January 24, 2024
|
| January 24, 2024
|
February 21, 2024
|
| February 21, 2024
|
March 20, 2024
|
| March 20, 2024
|
April 17, 2024
|
| April 17, 2024
|
May 15, 2024
| 2024 Joint Analysis - May Revision
2024-25 Budget LAO Assessment
| May 15, 2024
|
