General Meeting Information
Date: October 10,
2024
Time: 3-4:20 p.m.
Location: https://fhda-edu.zoom.us/j/89674666596
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Agenda
Time Agenda Item A/D/I/R |
Discussion LeaderNotes 3:00 p.m. Introductions & welcome I
Co/Vice ChairsVarela welcomed the members and the team introduced themselves 3:10 Review and approval of mission, role & charge & guiding principles A
Co-ChairsThe team reviewed and approved the Mission, Role & Charge, and Guiding Principles 3:40 Approve notes from 05/30/2024 A
Co/Vice ChairsApproved 3:45 Carryforward balance for FY23-24, DA Adopted Budget for FY24-25, and Projections for FY25-26 I/D
VarelaVarela reviewed the document explaining the line items.
FY23/24 actuals:
Beginning balance $758,957
Adjusted beginning budget $1,239,529
B Budget Base allocation $1,453,925
Total funds available for College B Budget $4,958,027.
Projected expenses $3,062,600
Ending Fund Balance (EFB) $1,895,426 (incl one-time transfer of $1,416,427)
FY2024/25 adopted budget:
Beginning balance $1,895,426
Adjusted beginning budget $973,418
Reserved for CC approved positions $144,272
B budget base allocation $1,397,669
Total funds available for College B Budget $3,546,799
Projected expenses $3,528,637
EFB $18,162
FY25/26 projections:
Beginning balance $18,162
B budget base allocation $1,232,909
Total funds available for College B Budget $2,286,071
Projected expenses $3,542,840
EFB -$1,256,768
If funding structure from district does not change DA will have to transfer funding from other projects (e.g. capital projects) to cover the deficit.
B budget base allocations reduce due to reclassifications which are charged to the college.
Outdated funding structure. DA is lobbying for an updated funding structure model to assist with a more appropriate funding level for De Anza College.
4:15 Quick News
Upcoming agenda items for AY24/25:
General Fund Faculty
Vacant Position Review
Dining Services UpdateAll Accreditation: Very positive site visit. Commendation for use of disaggregated data in tracking student success and equity goals
Agenda settingBAC supporting documents are posted here: Budget Advisory Committee Documents
Budget Advisory Committee (BAC)
Resource Allocation and Program Planning (RAPP)A = Action
D = Discussion
I = Information
R = Recommendation