Combine and Revise
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U5.pptxBUDGETING IN COMMUNITY COLLEGES
Evolving Needs of Community College Students
Evolving needs and concerns
It is paramount for the funding in community colleges to be tailor-made to the new age of technology.
The use of artificial intelligence in manufacturing and even in business has made it very difficult for some skills to survive the job market, especially those replaceable by machines and robots.
In addressing this challenge over the next ten to twenty years, curriculums should incorporate artificial intelligence even in their learning.
Community colleges should ensure that they can adapt to the new needs of the business world, and the teaching models should always be updated (Remington & Remington, 2012)
Example: Flexibility in learning is also a vital part when designing the curriculum for the next twenty years. Flexibility addresses the needs of models like distance learning. Flexibility is essential to the learner because, as time goes on, the students have to define a model within which they can work and study. Besides, it accommodates students who are not physically able to attend the class or have other location challenges. The curriculum needs to accommodate all these needs of the student so that learning becomes more appealing to the students. Education delivery models have to adapt to these needs of the students.
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Trends in funding and resource allocation
Community college funding in the FY12 have seen very similar trends in revenue streams and expenditure in both LCCC and San Joaquin Delta Community College District.
Significant cuts have emerged in 2012 right from state apportionments, to local sub funds.
For example, SanJuan Delta Community college district saw a variance of 31.5%over the FY2011-FY2013
There has also been a decline in student enrollment which results in a decrease in tuition revenue(Bers, 2015).
Resource allocation has mostly focused on maximizing learning opportunities.
Uncertainty surrounded most of the state revenue
Budget cuts and staff reduction measures had to be taken in SanJuaquin Delta community college.
Funding reductions grossly affect expenditures in various student programs
Clearly new ways of working with reduced funds is necessary to harness the emerging debts accrued in community colleges.
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…trends
There has been a significant rise in maintenance carry over from previous years.
Maintenance and upgrades of equipment also take a significant portion of the expenditure.
Most auxiliary services provide revenue that is injected in student affairs
A decline in investment has resulted to a reduction in faculty staff, although implementation has been systematic.
Post employment benefits also play a significant role
Trends clearly show that there is need for innovation and new strategies to meet the fiscal needs of the institutions.
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Revenue streams and expenditure allocations
Federal and State appropriations
Local appropriations
Tuition and fees
Bond interests and redemptions
Capital projects fund
Measure L bond fund
Bookstore funds from book sales
Food service fund
Associated student trust fund
Student financial aid fund
Grants
Funding can either be restricted or not restricted. Restricted budgets have a very specific in expenditure while un restricted budgets have room for miscellinous issues that may arise.
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Expenditure allocations
Instruction and learning opportunities which include the curriculum and personnel.
Administration includes the staff , both teaching and non teaching staff.
Public service which provide extra revenue
Academic Support(Beach, 2011)
Student services like student affairs and customer care
Institutional Support
Plant operations and Maintenance
Scholarships
Expenditure allocations depend on the continuous,emerging needs identified by the committee involved in budgeting.
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Additional expenditure
Supplies and utilities for example fuel and rental expenses
New equipment
Upgrades
Improvement of facilities
Healthcare
Sports
Co curricular activities
Some of the best ways manage resources is through conservation.
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auxiliary services that support student services
Student affairs include welfare unions that address student needs(Gaulee, 2018).
Food service management
Bookstore
Student recruitment and retainment programs
Retail venues
Training Arenas
Auxilliary services are a great way of earning additional revenue.
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Budget allocations of LCCC FY2013
Pie charts depicting the future budget allocations for the comprehensive community college.
The future budget allocations are based on the strategic plans that the school has focused on based on the emerging needs of the comprehensive community college.
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KEY
1.Instruction and maximizing learning opportunity
2.Co curricular activities
3.Instituitional Effectiveness
4.Resource management
5.Increased collaboration
San Joaquin Delta College Mission
The mission of San Joaquin Delta College is to provide excellent post-secondary education that serves the needs of students, the College District and the community through continuing, transfer, career and technical education, and economic development. To achieve this objective, the faculty and staff are committed to providing comprehensive instructional programs, student services and public services that are high quality.
Budget Allocation FY2011 San Joaquin Delta College
Bond Budget Reconciliation
Measure L Bond, Refunded and State Funds
as of 06/30/11
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Budget allocation proposal for the next 20years
In the next twenty years, rigidity in budget allocations may cost the community colleges more than they can afford.
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Conclusion
Budget allocations have been showing a decline due to the ripple effect from decreased revenue streams
It is important for community colleges to identify new ways of approaching the deficits
Over the next twenty years, the community college fiscal policies need to be reinvented and reorganized to suit the evolving needs of the marketplace
Community colleges need to be continuously updated by revising their curriculum often and ensuring that the students get the maximum return on investment.
Politics are becoming a huge part in deciding state funds and this should be minimized, although this is majorly an issue of leadership.
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REFERENCES
Beach, J. M. (2011). Gateway to opportunity? A history of the community college in the United States. Sterling, Va: Stylus Pub.
Bers, T. H., Head, R. B., & Palmer, J. C. (2015). Budget and Finance in the American Community College: New Directions for Community Colleges, Number 168. Hoboken: Jossey-Bass [Imprint]
Gaulee, U. (2018). Global adaptations of community college infrastructure.
O'Banion, T. (2019). 13 ideas that are transforming the community college world.
Remington, N., & Remington, R. (2012). Alternative Pathways to the Baccalaureate: Do Community Colleges Offer a Viable Solution to the Nation's Knowledge Deficit?. Sterling: Stylus Pub
