Lane Community College
Fiscal Year 2003 Proposed Budget
May 1, 2002
FY02 Total Resources
FY03 Total Resources
FY02 Revenue
FY03 Revenue
FY02 Expenditures & Transfers
FY03 Expenditures & Transfers
State Resources
Property Taxes
Tuition
Instructional Fees
Personal Services
Materials & Services
Capital Outlay
Total Expenditures
Ending Fund Balance
Fund IX
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Fund IX is a new fund called ėSpecial Revenue Administratively Restricted
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Several budgets were moved from the General Fund to Fund IX because their
revenue is primarily ėself-generatedî (e.g., fees, sales of goods &
services, fundraising)
Budgets Moved to Fund IX
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Business & Industry Services
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Flight Technology
-
Nonreimbursed Instruction
-
Specialized Employment Services
-
Training & Development
-
Student Restaurant
-
Mechanical Services
-
KLCC-FM
-
OSBDCN
-
Athletics
-
The Torch
-
OPE Cost Center (from Fund II)
Program/Services Reductions
-
Executive Services $348,135
-
College Operations $340,258
-
Student Services $449,427
-
Miscellaneous $354,000
-
Instruction (general) $9,226
Instructional Reductions
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Professional/Technical $1,007,797
-
Transfer $903,037
-
Community Education/Outreach $754,042
-
Developmental $553,612
-
Credit tuition-based classes $714,215
FY02 Budget
FY03 Budget
Strategic Financial Issues
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State funding: need for stable major funding sources
-
Long-term financial planning
-
Tuition policy
-
Stable funding for equipment replacement and facilities major maintenance
-
Ending Fund Balance policy
-
Adequate funding for support services
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