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
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Enrique Perez |
| Vaniethia Hubbard (alternate) | Syed Rizvi (alternate)
| Erika Almaraz (alternate)
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FRC Agendas & Minutes:
July 8, 2021
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SAC FRC BAM Language Proposal
05-20-21
FRC Workgroup 1
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July 8, 2021
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August 18, 2021
| SRP Savings Reconciliation
FY21-22 FY22-23
| August 18, 2021
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September 15, 2021
|
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September 15, 2021
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October 20, 2021
| | October 20, 2021
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November 17, 2021
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November 17, 2021
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January 19, 2022
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January 19, 2022
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February 16, 2022
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Joint Analysis - Governor's January Budget Update & Trailer Bills,
02-10-2022
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February 16, 2022
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March 16, 2022
MEETING CANCELED
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April 20, 2022
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2021-22 FTES (P2) Estimated Actuals Comparison to 2020-21 (RECALC) Actuals
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April 20, 2022
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May 19, 2022 (Thursday)
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5.33% COLA
6.56% COLA
| May 19, 2022
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