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"
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Reviews and Evaluates Budget Allocation Model
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Monitors State Budget Development and Recommends Mid-Year Adjustments
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Develops Assumptions for Tentative & Adopted Budgets
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Develops District budget process calendar
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Assesses effective use of financial resources
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Reviews and Evaluates Financial Management Processes
FRC Committee Planning Calendar:
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January | Review Governor's Proposed Budget and Audit Reports |
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February | Review and Recommend Tentative Budget Assumptions |
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March | Review and Update
Budget Allocation Model (BAM) & Updated Allocation Simulation |
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April | Review and Update Budget Allocation Model (BAM) |
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May | Governor's May Revise and Review and Recommend Tentative Budget |
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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 |
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September | Review Multi-Year Projections (MYP) and Budget Calendar |
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October | Approve Budget Calendar |
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November | LAO Publishes Fiscal Outlook Report |
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December | |
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FRC Membership:
| Bart Hoffman | Jacob Bereskin
| Morrie Barembaum (FARSCCD) |
| Vanessa Urbina | Steven Deeley
| Noemi Guzman
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| William Nguyen | Cristina Morones
| Thao Nguyen
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| Roy Shahbazian | Craig Rutan - Co-Chair
| Adam O'Connor - Chair
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| Arleen Satele
| Enrique Perez |
| Vaniethia Hubbard (alternate) | Syed Rizvi (alternate)
| Erika Almaraz (alternate)
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FRC Agendas & Minutes:
| July 1, 2020 | 2020-21 Adopted Budget Assumptions, 06-29-2020 2019-20 Second Principal Apportionment and Prior Year Revisions SSC Cash Deferrals and Budget Deferrals CCC 2019-20 P2 SCFF Exhibit C - RSCCD, 06-24-2020 CCC 2019-20 P2 SCFF Exhibit C - Statewide, 06-24-2020 | July 1, 2020
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| August 19, 2020 | SSC Preparing Multiyear Financial Projections in the Current Environment, 08-1-2020 Academy Budget 2020-2021 | August 19, 2020
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| September 16, 2020 | SCFF Simulation by College FY19-20 and final BAM closeout Personnel Cost as a Percentage of Total Expenses | September 16, 2020
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| October 21, 2020 | October 15 Deadline to Reduce Deferrals Passes with No Relief Package Proposition 98 - The Road Ahead, part 2 | October 21, 2020
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| November 18, 2020 | The 2021-22 Budget: The Fiscal Outlook for Schools and Community Colleges The 2021-22 Budget: California's Fiscal Outlook | November 18, 2020
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January 20 13, 2021 (date change)
| Joint Analysis - Governor's January Budget, 01-08-2021 & SSC Updates State of California Budget 2021-2022 Overview of the Governor's 2021-2022 Budget, 01-11-2021 | January 13, 2021
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| February 17, 2021 | FY2020-21 @ P1 Analysis of SCFF
SCFF with Updated Supplemental and Student Success Data, 02-11-2021 Other
Additional DS Costs – Support
| February 17, 2021
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| March 17, 2021 (canceled) | Email Update
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| April 21, 2021 | FTES Actuals 2017-18, 2018-19, 2019-20, 2020-21 @ P2 Final as of 04-12-21 FY2020-21 @ P1 & P2 Analysis of SCFF SSC CalSTRS Contribution Rate Increase Expected for 2021-22 | |
