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 B2
State Enrollment Growth Allocation minus $10 Million
			ÝTotal
	ÝRecurring	Ý(Non-Recurring)	ÝFY02 Budget
Balance (after base recommended changes)	Ý (2,041,540)	ÝÝÝÝÝÝÝÝÝÝÝÝÝ 2,026,066	ÝÝÝÝÝÝÝÝÝÝ (15,474)
Additional Revenue Changes
Tuition Increase ($1=$350,000)	ÝÝÝÝÝÝ 350,000		ÝÝÝÝÝÝÝÝÝÝ 350,000
State Resources (less than projected)	ÝÝÝÝÝ (742,000)		ÝÝÝÝÝÝÝÝ (742,000)
NWC-Restricted to NWC-Unrestricted	ÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝ -	ÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝ 32,000	ÝÝÝÝÝÝÝÝÝÝÝÝ 32,000
Ý Total Additional Revenue Changes	ÝÝÝÝÝ (392,000)	ÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝ 32,000	ÝÝÝÝÝÝÝÝ (360,000)
Additional Expenditure Changes
Additional Class Sections	ÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝ -	ÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝ -	ÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝ -
Board Contingency		ÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝ (75,000)	ÝÝÝÝÝÝÝÝÝÝÝ (75,000)
Administrative Contingency		ÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝ (100,000)	ÝÝÝÝÝÝÝÝ (100,000)
Unappropriated Ending Fund Balance		ÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝ -ÝÝ	ÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝ -ÝÝ
Plant Fund Transfer Out	ÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝ -ÝÝ	ÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝ (200,000)	ÝÝÝÝÝÝÝÝ (200,000)
Ý Total Additional Expenditure Changes	ÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝ -	ÝÝÝÝÝÝÝÝÝÝÝÝÝÝ (375,000)	ÝÝÝÝÝÝÝÝ (375,000)
Balance	Ý (2,433,540)	ÝÝÝÝÝÝÝÝÝÝÝÝÝ 2,433,066	ÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝÝ (474)
	ÝContinuing FY03 Deficit
Recurring changes to FY03	ÝÝ (1,115,834)
Current 2002-03 deficit	ÝÝ (2,800,276)
Ý Total FY03 deficit after changes	Ý (3,916,110)
Impact:
ÝÝ Increases tuition by $1 to help offset reduced state revenues
ÝÝ Takes $32,000 in restricted carryover from departments hindering ability to meet planned needs
ÝÝ Removes funds from facilities needs
ÝÝ Increases 02-03 deficit by $1.1 million
**Note: Continuing deficit does not take into account Net Working Capital

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