Budget Development

Lane Home Search Lane

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This is a historical/archived web page.  For current budget information go to:  2011sitearchive.lanecc.edu/budget

Scenario B1
State Enrollment Growth Allocation minus $10 Million
			ÝTotal
	ÝRecurring	Ý(Non-Recurring)	ÝFY02 Budget
ÝBalance (after base recommended changes)	ÝÝÝÝÝ (2,041,540)	ÝÝÝÝÝÝÝÝÝÝÝÝÝ 2,026,066	ÝÝÝÝÝÝÝÝÝÝ (15,474)
Additional Revenue Changes
Tuition Increase ($1=$350,000)	ÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝ -		ÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝ -
State Resources (less than projected)	ÝÝÝÝÝÝÝÝÝ (742,000)		ÝÝÝÝÝÝÝÝ (742,000)
NWC-Restricted to NWC-Unrestricted	ÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝ -	ÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝ 82,000	ÝÝÝÝÝÝÝÝÝÝÝÝ 82,000
Ý Total Additional Revenue Changes	ÝÝÝÝÝÝÝÝÝ (742,000)	ÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝ 82,000	ÝÝÝÝÝÝÝÝ (660,000)
Additional Expenditure Changes
Additional Class Sections	ÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝ -	ÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝ -	ÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝ -
Board Contingency		ÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝ (75,000)	ÝÝÝÝÝÝÝÝÝÝÝ (75,000)
Administrative Contingency		ÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝ (100,000)	ÝÝÝÝÝÝÝÝ (100,000)
Unappropriated Ending Fund Balance		ÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝ (300,000)	ÝÝÝÝÝÝÝÝ (300,000)
Plant Fund Transfer Out	ÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝ -ÝÝ	ÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝ (200,000)	ÝÝÝÝÝÝÝÝ (200,000)
Ý Total Additional Expenditure Changes	ÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝ -	ÝÝÝÝÝÝÝÝÝÝÝÝÝÝ (675,000)	ÝÝÝÝÝÝÝÝ (675,000)
Balance	ÝÝÝÝÝ (2,783,540)	ÝÝÝÝÝÝÝÝÝÝÝÝÝ 2,783,066	ÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝ (474)
	ÝContinuing FY03 Deficit
Recurring changes to FY03	ÝÝÝÝÝÝ (1,465,834)
Current 2002-03 deficit	ÝÝÝÝÝÝ (2,800,276)
Ý Total FY03 deficit after changes	ÝÝÝÝÝ (4,266,110)
Impact:
ÝÝ Increases tuition by $2 to help offset reduced state revenues
ÝÝ Takes $82,000 in restricted carryover from departments hindering ability to meet planned needs
ÝÝ Reduces UEFB below levels set in Board policy
ÝÝ Removes funds from facilities needs
ÝÝ Increases 02-03 deficit by $1.5 million
**Note: Continuing deficit does not take into account Net Working Capital

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