Fiscal Resources Committee 2019-20

​​​​​​​​​​​​​​​​FRC ​​Committee 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 Committee Planning Calendar:​

​Months​Agenda
JanuaryReview Governor's Proposed Budget and Audit Reports
FebruaryReview and Recommend Tentative Budget Assumptions
MarchReview and Update Budget Allocation Model (BAM) & Updated Allocation Simulation
AprilReview and Update Budget Allocation Model (BAM)
MayGovernor's May Revise and Review and Recommend Tentative Budget
June
JulyGovernor Signs Budget and Update Budget Assumptions
AugustReview and Recommend Proposed Adopted Budget
SeptemberReview Multi-Year Projections (MYP) and Budget Calendar
October​Approve Budget Calendar
NovemberLAO Publishes Fiscal Outlook Report
December


FRC Membership:

​​​Santa Ana College​Santiago Canyon College​District
​Bart Hoffman​Steven DeeleyMorrie Barembaum ​(FARSCCD)
Vanessa UrbinaCristina MoronesNoemi Guzman
​William Nguyen​Michael TaylorPeter Hardash - Chair
Roy Shahbazian - Co-ChairArleen SateleThao Nguyen
​Adam O'Connor
​​James Kennedy (alternate)​Jose Vargas (alternate)Erika Almaraz (alternate)


FRC Agendas & Minutes:​

​​​​Agendas with Materials ​Additional Handouts ​Approved Minutes

July 3, 2019

 2019-2020 Budget Joint Analysis July 3, 2019​ 

August 21, 2019

August 21, 2019
September 18, 2019  September 18, 2019
October 16, 2019
October 16, 2019
November 20, 2019
Board of Governors Agenda 11-18-19 
LAO 2020-21 Budget: California Fiscal Outlook​ for Schools & Community Colleges 
 November 20, 2019
January 22, 2020
 Tentative Budget Assumptions, Costs, Actuarial Valuation, and Adjustment Plan
 January 22, 2020

February 19, 2020

BAM Language Change Proposal SCC

BAM Simulations

February 19, 2020               
March 18, 2020 CANCELED Fiscal Perspectives: COVID-19 and California's Evolving Fiscal Outlook Meeting canceled 
April 15, 2020

BAM Percentage Analysis (3-4-20)

Interim Fiscal Update JLBC (4-10-20)

SSC Article (4-13-20)

LAO: State Budget Effects of Recent Federal Actions to Address COVID-19

April 15, 2020
May 21, 2020 ​​​​(Thursday)

Joint Analysis: Governor's 2020-21 May Revision (05-15-2020)​

SSC-Community College Financial Projection Dartboard, May 2020 Revision

SSC-LAO Offers Financial Reaction to May Revision (05-20-2020)