SAN BERNARDINO COMMUNITY COLLEGE DISTRICT. Jose F. Torres, Vice Chancellor, Business & Fiscal Services

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1 SAN BERNARDINO COMMUNITY COLLEGE DISTRICT TO: FROM: REVIEWED BY: PREPARED BY: Board of Trustees Bruce Baron, Chancellor Jose F. Torres, Vice Chancellor, Business & Fiscal Services Lawrence P. Strong, Director of Fiscal Services DATE: September 14, SUBJECT: Consideration of Approval to Adopt Final for Fiscal Year -18 RECOMMENDATION It is recommended that the Board of Trustees adopt the Final for Fiscal Year -18 as presented or amended. OVERVIEW Title 5, Section requires that the Board of Trustees hold a public hearing and adopt the final budget on or before September 15. ANALYSIS This Final incorporates the projected income and expenditures of SBCCD for fiscal year -18 as of this date. Once approved by the Board of Trustees, the budget is transmitted to the County and submitted to the State of California. INSTITUTIONAL VALUES III. Resource Management for Efficiency, Effectiveness, and Excellence FINANCIAL IMPLICATIONS The adoption of this budget will enable SBCCD to manage its resources for efficiency, effectiveness and excellence.

2 Adopted September 14,

3 Final Fiscal Year -18 Adopted September 14, Page 2 of 87 Table of Contents Overview... 3 Unrestricted General Fund Summary... 9 Unrestricted General Fund Resource Allocation Model (RAM) Multi-Year Forecast Enrollment Management FTES Projections Final by Fund ed Revenues & Expenditures Total All Funds ed Revenues & Expenditures by Fund Forecast by Department Unrestricted General Fund Restricted General Fund Bond Interest and Redemption Fund Child Development KVCR Unrestricted KVCR Restricted Capital Outlay Projects Unrestricted Capital Outlay Projects Restricted General Obligation Bond Fund Bookstore Cafeteria FCC Auction Proceeds Workers Compensation Self-Insurance Retiree Benefit Associated Students Student Representation Fee Student Body Center Fee Student Financial Aid Scholarship and Loan Student Clubs KVCR FNX Fund KVCR Educational Foundation KVCR Educational Foundation Restricted EDCT Foundation EDCT Foundation Restricted... 87

4 Final Fiscal Year -18 Adopted September 14, Page 3 of 87 Overview Integrated Planning and ing The colleges and the District Office have each used their program review and/or strategic planning processes to determine their highest priority goals and objectives. Consequently, the budget reflects resources allocated to departments based on those prioritized requirements, in an effort to match resources with the highest priority goals and objectives throughout the San Bernardino Community College District. The district services budget and resulting assessment was delivered ahead of the college budgeting process, allowing campuses a clear view of the coming fiscal year. Multi-Year ing This budget includes a four-year, long-range financial plan that incorporates Full Time Equivalent Student (FTES) enrollment management projections by college, personnel and benefits costs, revenue projections and cost of living adjustments. It provides clear direction to the colleges, allows SBCCD to make changes as necessary, and helps measure progress on established goals as well as identify and minimize risks. Prioritized Board Directives for the -18 This budget adheres to revised, prioritized directives approved by the San Bernardino Board of Trustees approved at its February 9, meeting. 1) Balance the -18 budget without the use of the Fund Balance with the exception of expenses related to the Early Retirement Incentive Plan 1 and bargaining agreements. 2) As adopted in the District Strategic Plan, allocate funding through the resource allocation model to pursue improvement in a) student success, by continuing funding for student success programs at both colleges; and b) student access, including growth at SBVC to maintain at least 10,500 FTES and continuing growth at CHC to reach 5,000 FTES. 3) Maintain a minimum Fund Balance level of 12% (state minimum is 5%), unless Fund Balance is utilized for specially identified one-time needs as authorized by the Board of Trustees. ( Onetime is defined as an expenditure that has no ongoing commitment. While one-time needs may be repeated in future years, the nature of the expenditure must conform to the definition.) 4) Develop strategy to increase availability of funds to support the new facilities and student support services at both colleges. 5) Allocate funding through the resource allocation model to provide for safe, energy efficient, clean, and well-maintained facilities that contribute to student success. 6) As funding becomes available, replenish the Fund Balance level to 15% within the next two years from one-time state funding. 1 Early Retirement Incentive Plan was withdrawn subsequent to approval of Board Directives.

5 Final Fiscal Year -18 Adopted September 14, Page 4 of 87 7) Funding for any new positions must be approved through the process of program review or any other prioritization process as established at the colleges and district offices. 8) Replace all faculty retirements to meet Fifty Percent Law requirement. 9) Honor collective bargaining agreements. 10) Continue toward the sustainability of KVCR. Board of Trustees Strategic Directions for -18 Also key to the -18 fiscal year are the Board of Trustees Strategic Directions which were approved July 31,. 1. Increase Student Success (Education Master Plan [EMP] for both colleges + district) a. Create a structured approach to increase student success. b. Adopt best practices from the Guided Pathways program and integrate funding from SSSP, basic skills, and student equity. c. Create a comprehensive media degree aligning KVCR and SBVC. 2. Increase Access (EMP for both colleges + district) a. Increase the college-going rate in our service area. b. Maximize credit FTES, non-credit FTES and international program while maintaining an acceptable productivity level at both colleges. 3. Increase Institutional Effectiveness (EMP for both colleges + district) a. Implement districtwide integrated planning process. 4. Align EDCT Goals with District & College Goals (EMP for district) a. EDCT to support the expansion of grant development, contract education, non-credit and not-for-credit courses. 5. Align KVCR Goals with District & College Goals (EMP for district) a. KVCR to re-evaluate its goals to become an integrated asset of the district and the colleges. 6. Continuously Improve District Systems to Increase Administrative and Operational Efficiency and Effectiveness (EMP for both colleges + district) a. Evaluate Board Policies and Administrative Procedures to streamline processes, create efficiencies and increase support to colleges. 7. Develop a Strategy to Address the Facilities Master Plan (FMP) 8. Maintain Financial Sustainability a. Invest FCC auction proceeds in a manner that serves the region for years to come. b. Maintain a district unrestricted general fund balance in the range of 12-15%. 9. Promote Professional Development (EMP for both colleges)

6 Final Fiscal Year -18 Adopted September 14, Page 5 of 87 a. Establish and implement a plan that incorporates district systems/operations training, onboarding training, professional leadership, professional growth and succession planning. California -18 Update The table below is from the Community College League of California and reflects -18 Conference Committee Actions. 2 Item Enacted Totals -18 Governor's January Proposal -18 May Revision June Conference Committee Notes Ongoing Funds Cost of Living Adjustment (COLA) 0% $94.1 M (1.48%) $97 M (1.56%) $97 M (1.56%) Enrollment Growth 2% $79.3 M (1.34%) $57.8 M (1%) $57.8 M (1%) Allows the system to serve around 24,000 more students. Base Augmentation $75 M $23.6 M $183.6 M $183.6 M Student Success and Support (SSSP) No Augmentation No Augmentation No Augmentation No Augmentation SSSP - Equity No Augmentation No Augmentation No Augmentation No Augmentation Workforce & CTE Pathways $248 M No Augmentation No Augmentation No Augmentation Basic Skills $30 M No Augmentation No Augmentation No Augmentation Part-Time Faculty Office Hours $3.6 M No Augmentation No Augmentation $5 M COLA for EOPS, DSPS, Cal Works, Childcare Tax Bailout Full-Time Student Success Grants Completion Incentive Grants Financial Aid Administration 0% $5.6 M (1.48%) $5.6 M (1.56%) $5.6 M (1.56%) $41.2 M No Augmentation $5 M $25 M Full-time, Cal-Grant B recipients $25 M $1 M For students who complete Education Plan and take 15 units Online Education No Augmentation $10 M $10 M $10M 2

7 Final Fiscal Year -18 Adopted September 14, Page 6 of 87 Item Enacted Totals -18 Governor's January Proposal -18 May Revision June Conference Committee Notes One-Time Funds Guided Pathways $150 M $150 M $150 M Amends trailer bill language: (1) clarify the Guided Pathways four pillar framework; (2) clarify the funds will be used for release time, professional development, and technology solutions; (3) CO authority to require program criteria, qualitative and quantitative indicators; and (4) requires annual report. More TBL details to come. Integrated Library Systems $6 M $6 M $6 M Deferred Maintenance & Instructional Equipment $43.7 M $135.8 M $76.8 M Will not be allocated until P2 in -19 COLA Mandates Block Grant $0.5 M One-time Prop 39 Clean Energy Job Creation Fund Equal Employment Opportunity $52.3 M $46.5 M $46.5 M No Augmentation $1.82 M $1.82 M One-time from FON penalties Veterans Resource Center $7 M $5 M one-time, including $2 M onetime for Norco, plus $5 M ongoing with TBL. Campus Sexual Harassment & Violence Prevention $2.5 M One-time Academic Senate $1 M One-time for the development of C- ID system Hunger Free $2.5 M One-time Economic Workforce Development Grants $8 M Workforce incentive grants for regions with high unemployment (one-time) Umoja $2.5

8 Final Fiscal Year -18 Adopted September 14, Page 7 of 87 Item Enacted Totals -18 Governor's January Proposal -18 May Revision June Conference Committee Notes Mental Health $4.5 M One-time Compton College $11.3 M Innovation Awards $20 M $20 M $20 M Focus areas to be determined by CCC Chancellor, TBL with criteria. Capital Facilities Capital Facilities 5 Projects 9 Projects 15 Total Projects Resource Allocation Model Guidelines & Assumptions SBCCD has adopted the following guidelines and assumptions for the allocation of -18 resources based on the most recent information from the State, SBCCD s actual FTES, and input and recommendations from the District Enrollment Management and District Committees. Resource Allocation Model Guidelines Fiscal Year -18 Revenues shall be divided between San Bernardino Valley College and Crafton Hills College, in accordance with the following principles. These guidelines accord best with the desired objectives of transparency, fairness, and ease of understanding; and have the flexibility to adjust to changing circumstances, without the need for extensive debate and readjustment every fiscal year. 1. The SB361 State Base Allocation revenue for each college shall be passed directly onto that college. 2. The district s non-credit FTES allocation revenue shall be passed directly to the college that produced the non-credit FTES. 3. The district s state credit FTES allocation revenue shall be divided between the two colleges as follows: Valley Crafton Hills 10,400 total projected funded credit FTES Valley will carry any excess over 10,400 as unfunded credit FTES 69.71% of SBCCD total funded credit FTES of 14,919 4,519 total projected funded credit FTES CHC will carry any excess over 4,519 as unfunded credit FTES 30.29% of SBCCD total funded credit FTES of 14,919

9 Final Fiscal Year -18 Adopted September 14, Page 8 of 87 Resource Allocation Model Guidelines Fiscal Year Overcap funding for credit FTES (Overcap is additional FTES SBCCD could capture if other districts do not grow enough during the year. It is usually known at State Recalc around February of each year.) Valley No additional overcap since Valley will be fully funded for the credit FTES Crafton Hills Overcap, if any, will be absorbed by Crafton as it carries all unfunded FTES (projected overcap of 0 FTES) 5. Other eligible revenues received by the district shall be divided between the two colleges in accordance with the relative FTES numbers achieved by the colleges as in item 8. Below. 6. Site-specific revenues will remain with the college concerned. 7. District growth levels/targets may be recommended by District Committee and approved/modified by Chancellor s Cabinet. 8. Districtwide assessments shall be divided between the two colleges based on FY -18 projected actual FTES (not funded FTES). Valley 10,650 actual total FTES 69.91% of SBCCD total funded FTES of 15,233 Crafton Hills 4,583 actual total FTES 30.09% of SBCCD total funded FTES of 15,233 Resource Allocation Model Assumptions for -18 ONE-TIME FUNDING At this time the budget does not contain any one-time funding. GENERAL FUND Growth Target 1.50% (0.50% over system-wide, state-funded growth of 1.00%) COLA 1.56% Base Augmentation approximately $2.5 million OTHER REVENUE Eligible Revenue will be allocated based on the latest allocation percent; and it is updated as information becomes available from the State Chancellor s Office. CATEGORICAL Student Success and Support Funding $7,426,482 (maintain funding levels with a match of 1.3 to 1) Student Equity Plans $2,467,164 (maintain funding levels with no match) Proposition 39, Year 5 $541,383 Physical Plant & Instructional Equipment $1.1 million

10 Final Fiscal Year -18 Adopted September 14, Page 9 of 87 Unrestricted General Fund Summary Estimated s - Final Forecast Forecast Forecast Excess (Deficit) Fund Balance Excess (Deficit) Fund Balance Excess (Deficit) Fund Balance Excess (Deficit) Fund Balance Excess (Deficit) Fund Balance SAN BERNARDINO VALLEY COLLEGE $ 1,334,098 $ 4,435,662 $ 454,270 $ 4,889,931 $ 230,623 $ 5,120,554 $ 178,544 $ 5,299,098 $ 49,816 $ 5,348,914 CRAFTON HILLS COLLEGE $ (659,524) $ (1,700,347) $ (537,389) $ (2,237,736) $ (581,907) $ (2,819,643) $ (658,617) $ (3,478,260) $ (757,952) $ (4,236,211) DISTRICT OFFICE $ - $ 14,932,042 $ - $ 13,777,370 $ - $ 13,367,370 $ - $ 12,957,370 $ - $ 12,547,370 One-time Expense (Adjustment to Fund Balance) $ (744,672) $ (744,672) $ - $ - $ - KVCR Contribution $ (320,000) $ - $ - $ - $ - EDCT Contribution $ (360,000) $ (410,000) $ (410,000) $ (410,000) $ (410,000) One-time Funding & Expenses $ 1,751,507 $ - $ - $ - $ - SBCCD TOTAL $ 1,001,409 $ 17,667,357 $ (1,237,792) $ 16,429,565 $ (761,284) $ 15,668,281 $ (890,073) $ 14,778,208 $ (1,118,135) $ 13,660,073 Fund Balance Percent 20.00% 17.36% 16.24% 14.97% 13.51% Average Monthly Expenditures $ 7,334,077 $ 7,885,342 $ 8,041,470 $ 8,228,353 $ 8,423,234 Fund Balance/ Monthly Expenses 15% Fund Balance Goal Fund Balance Over/ (Under) 15% Goal $ 13,201,338 $ 14,193,615 $ 14,474,646 $ 14,811,035 $ 15,161,822 $ 4,466,018 $ 2,235,950 $ 1,193,635 $ (32,826) $ (1,501,749)

11 Final Fiscal Year -18 Adopted September 14, Page 10 of 87 Unrestricted General Fund Resource Allocation Model (RAM) Multi Year Forecast Estimated s District Services SBCCD Total SBVC CHC Section A - State Base Revenue 1 Base Allocation Revenue per SB361 for Medium and Small Colleges $5,350,794 $2,453,748 $7,804,542 3 Total College Funded Credit FTES 10, , , District Funded Rate Credit FTES per State Allocation $5, Credit Funding (multiply line 3 x 4) $52,180,900 $23,925,938 $76,106,839 6 Enhanced Noncredit FTES Rate Enhanced Noncredit FTES $5, Total Enhanced Funding $0 $0 10 Total College Noncredit FTES State Funded Rate Noncredit FTES $3, Noncredit Funding (multiply line 10 x 11) $228,196 $190,569 $418, Total College FTES 10, , , Total State Base Revenue (add lines 1,5,8,& 12) $57,759,890 $26,570,256 $0 $84,330, Revenue Shortfall Percent 0.71% 16 Revenue Shortfall Amount (line 14 x 15) -$408,925 -$188,111 $0 -$597, Adjusted State Base Revenue (line 14 - line 16) $57,350,965 $26,382,145 $0 $83,733,110 Section B - Adjustments for Reconciliations 23 Proposed Base Allocation Increase $786,802 $360,763 $1,147, Total State Revenue (add lines 17-23) $58,137,766 $26,742,909 $0 $84,880, Change From Prev. Year State Base Revenue $51,190 Section C - Other Revenue 26 College Part-time Faculty $215,055 $100,946 $0 $316, College Full-time Faculty $0 $0 $0 $0 28 College Lottery Funds $1,336,965 $618,239 $0 $1,955, College Interest Income $132,507 $60,757 $0 $193, Other Campus Revenue per Campus Projections $470,574 $215,794 $0 $686, Other Revenue $416,373 $190,939 $0 $607, Total College Revenue (add lines 24, 26-33) $60,709,240 $27,929,584 $0 $88,638,824 Section D - Assessments 35 Total College Credit FTES 10, , , Percent for Assessments 68.44% 31.56% % 37 Assessment for District Office Operations Expenditures -$10,545,326 -$4,862,807 $15,408,133 $0 38 Assessment for Property & Liability Insurance Cost -$376,420 -$173,580 $550,000 $0 Section E - Individual Site s 45 Total Site Allocation for Colleges (add lines 34, $49,787,494 $22,893,197 $15,958,133 $88,638, Academic Salaries $24,599,140 $12,044,583 $832,780 $37,476, Classified Salaries $7,996,955 $4,972,394 $6,598,703 $19,568, Benefits $9,809,960 $4,997,476 $2,918,019 $17,725, Supplies $570,540 $206,137 $206,775 $983, Other Expenses and Services $4,654,758 $961,949 $4,578,279 $10,194, Capital Outlay $800,341 $75,200 $273,577 $1,149, Other Outgo $1,356 $0 $550,000 $551, Prior Year Expenditures $0 54 Site ed / Projected Expenditures $48,433,050 $23,257,739 $15,958,133 $87,648, Excess/(Deficit) (line 45 minus line 54) $1,354,444 -$364,542 $0 $989,902 Section F - One-Time Adjustments & Fund Balance 56 One-time Exp. (Salaries adjustment of 1.5%) $509,654 $235,018 -$744,672 $0 58 One-time State Funding $1,853,507 $1,853, One-time Expenditures -$530,000 -$530,000 -$102,000 -$1,162, STRS/PERS Set Aside for Rate Increases $0 61 District Office STRS/PERS Increase $0 62 One-time Exp. (Adjust. to Fund Balance) - KVCR -$320,000 -$320, One-time Exp. (Adjust. to Fund Balance) - EDCT -$360,000 -$360, Annual Increase/(Decrease) to Fund Balance $1,334,098 -$659,524 $326,835 $1,001, Site Fund Balance July 1, Year Beginning (Includes RDA) $3,101,564 -$1,040,823 $14,605,207 $16,665, Site Fund Balance June 30, Year Ending (line ) $4,435,662 -$1,700,346 $14,932,042 $17,667, % 67 Unrestricted Fund Balance $17,667,358

12 Final Fiscal Year -18 Adopted September 14, Page 11 of 87 Unrestricted General Fund Resource Allocation Model (RAM) Multi Year Forecast -18 Final District Services SBCCD Total SBVC CHC Section A - State Base Revenue 1 Base Allocation Revenue per SB361 for Medium and Small Colleges $4,258,160 $3,649,851 $7,908,011 3 Total College Funded Credit FTES 10, , , District Funded Rate Credit FTES per State Allocation $5, Credit Funding (multiply line 3 x 4) $53,572,920 $23,278,464 $76,851,385 6 Enhanced Noncredit FTES Rate Enhanced Noncredit FTES $5, Total Enhanced Funding $515,124 $0 $515, Total College Noncredit FTES State Funded Rate Noncredit FTES $3, Noncredit Funding (multiply line 10 x 11) $464,637 $199,050 $663, Total College FTES 10, , , Total State Base Revenue (add lines 1,5,8,& 12) $58,810,842 $27,127,366 $0 $85,938, Revenue Shortfall Percent 0.71% 16 Revenue Shortfall Amount (line 14 x 15) -$416,366 -$192,055 $0 -$608, Adjusted State Base Revenue (line 14 - line 16) $58,394,476 $26,935,311 $0 $85,329,787 Section B - Adjustments for Reconciliations 23 Proposed Base Allocation Increase $1,735,329 $746,804 $2,482, Total State Revenue (add lines 17-23) $60,129,805 $27,682,115 $0 $87,811, Change From Prev. Year State Base Revenue $1,596,677 Section C - Other Revenue 26 College Part-time Faculty $221,229 $95,465 $0 $316, College Full-time Faculty $0 $0 $0 $0 28 College Lottery Funds $1,549,936 $668,826 $0 $2,218, College Interest Income $115,451 $48,692 $0 $164, Other Campus Revenue per Campus Projections $1,162,237 $341,925 $0 $1,504, Other Revenue $767,304 $603,321 $0 $1,370, Total College Revenue (add lines 24, 26-33) $63,945,962 $29,440,344 $0 $93,386,306 Section D - Assessments 35 Total College Credit FTES 10, , , Percent for Assessments 69.91% 30.09% 100.0% 37 Assessment for District Office Operations Expenditures -$11,304,431 -$4,865,546 $16,169,977 $0 38 Assessment for Property & Liability Insurance Cost -$384,505 -$165,495 $550,000 $0 Section E - Individual Site s 45 Total Site Allocation for Colleges (add lines 34, $52,257,026 $24,409,303 $16,719,977 $93,386, Academic Salaries $25,788,938 $12,059,349 $537,301 $38,385, Classified Salaries $8,842,326 $5,192,063 $7,331,361 $21,365, Benefits $11,126,085 $5,791,842 $3,628,548 $20,546, Supplies $687,948 $236,505 $287,978 $1,212, Other Expenses and Services $5,458,701 $1,808,345 $4,248,389 $11,515, Capital Outlay $413,643 $55,000 $136,400 $605, Other Outgo $5,716 $27,660 $550,000 $583, Prior Year Expenditures $0 $0 $0 $0 54 Site ed / Projected Expenditures $52,323,357 $25,170,764 $16,719,977 $94,214, Excess/(Deficit) (line 45 minus line 54) -$66,331 -$761,461 $0 -$827,792 Section F - One-Time Adjustments & Fund Balance 56 One-time Exp. (Salaries adjustment of 1.5%) $520,600 $224,072 -$744,672 $0 58 One-time State Funding $0 59 One-time Expenditures $0 60 STRS/PERS Set Aside for Rate Increases $0 61 District Office STRS/PERS Increase $0 62 One-time Exp. (Adjust. to Fund Balance) - KVCR $0 $0 63 One-time Exp. (Adjust. to Fund Balance) - EDCT -$410,000 -$410, Annual Increase/(Decrease) to Fund Balance $454,270 -$537,389 -$1,154,672 -$1,237, Site Fund Balance July 1, Year Beginning (Includes RDA) $4,435,662 -$1,700,346 $14,932,042 $17,667, Site Fund Balance June 30, Year Ending (line ) $4,889,931 -$2,237,736 $13,777,370 $16,429, % 67 Unrestricted Fund Balance $16,429,566

13 Final Fiscal Year -18 Adopted September 14, Page 12 of 87 Unrestricted General Fund Resource Allocation Model (RAM) Multi Year Forecast -19 Forecast District Services SBCCD Total SBVC CHC Section A - State Base Revenue 1 Base Allocation Revenue per SB361 for Medium and Small Colleges $4,300,742 $3,686,350 $7,987,091 3 Total College Funded Credit FTES 10, , , District Funded Rate Credit FTES per State Allocation $5, Credit Funding (multiply line 3 x 4) $55,445,758 $23,865,036 $79,310,794 6 Enhanced Noncredit FTES - - $0 7 Rate Enhanced Noncredit FTES $5, Total Enhanced Funding $ - $ - $0 10 Total College Noncredit FTES State Funded Rate Noncredit FTES $3, Noncredit Funding (multiply line 10 x 11) $0 $0 $0 13 Total College FTES 10, , , Total State Base Revenue (add lines 1,5,8,& 12) $59,746,499 $27,551,386 $0 $87,297, Revenue Shortfall Percent 0.71% 16 Revenue Shortfall Amount (line 14 x 15) -$422,990 -$195,057 $0 -$618, Adjusted State Base Revenue (line 14 - line 16) $59,323,509 $27,356,329 $0 $86,679,838 Section B - Adjustments for Reconciliations 23 Proposed Base Allocation Increase $1,735,246 $746,887 $2,482, Total State Revenue (add lines 17-23) $61,058,755 $28,103,216 $0 $89,161, Change From Prev. Year State Base Revenue $1,350,051 Section C - Other Revenue 26 College Part-time Faculty $221,399 $95,295 $0 $316, College Full-time Faculty $0 $0 $0 $0 28 College Lottery Funds $1,549,936 $668,826 $0 $2,218, College Interest Income $115,451 $48,692 $0 $164, Other Campus Revenue per Campus Projections $1,162,237 $341,925 $0 $1,504, Other Revenue $767,304 $603,321 $0 $1,370, Total College Revenue (add lines 24, 26-33) $64,875,083 $29,861,275 $0 $94,736,358 Section D - Assessments 35 Total College Credit FTES 10, , , Percent for Assessments 69.91% 30.09% % 37 Assessment for District Office Operations Expenditures -$11,512,681 -$4,955,179 $16,467,861 $0 38 Assessment for Property & Liability Insurance Cost -$384,505 -$165,495 $550,000 $0 Section E - Individual Site s 45 Total Site Allocation for Colleges (add lines 34, $52,977,897 $24,740,600 $17,017,861 $94,736, Academic Salaries $26,243,589 $12,204,730 $542,124 $38,990, Classified Salaries $8,942,425 $5,252,148 $7,404,221 $21,598, Benefits $11,634,465 $6,045,681 $3,802,020 $21,482, Supplies $694,827 $238,870 $290,858 $1,224, Other Expenses and Services $5,513,288 $1,826,428 $4,290,873 $11,630, Capital Outlay $417,779 $55,550 $137,764 $611, Other Outgo $0 $0 $550,000 $550, Prior Year Expenditures $0 $0 $0 $0 54 Site ed / Projected Expenditures $53,446,374 $25,623,407 $17,017,861 $96,087, Excess/(Deficit) (line 45 minus line 54) -$468,477 -$882,807 $0 -$1,351,284 Section F - One-Time Adjustments & Fund Balance 56 One-time Exp. (Salaries adjustment of 1.5%) $0 58 One-time State Funding $0 59 One-time Expenditures $0 60 STRS/PERS Set Aside for Rate Increases $699,100 $300,900 $1,000, District Office STRS/PERS Increase $0 62 One-time Exp. (Adjust. to Fund Balance) - KVCR $0 $0 63 One-time Exp. (Adjust. to Fund Balance) - EDCT -$410,000 -$410, Annual Increase/(Decrease) to Fund Balance $230,623 -$581,907 -$410,000 -$761, Site Fund Balance July 1, Year Beginning (Includes RDA) $4,889,931 -$2,237,736 $13,777,370 $16,429, Site Fund Balance June 30, Year Ending (line ) $5,120,554 -$2,819,642 $13,367,370 $15,668, % 67 Unrestricted Fund Balance $15,668,282

14 Final Fiscal Year -18 Adopted September 14, Page 13 of 87 Unrestricted General Fund Resource Allocation Model (RAM) Multi Year Forecast Forecast District Services SBCCD Total SBVC CHC Section A - State Base Revenue 1 Base Allocation Revenue per SB361 for Medium and Small Colleges $4,343,749 $3,723,213 $8,066,962 3 Total College Funded Credit FTES 10, , , District Funded Rate Credit FTES per State Allocation $5, Credit Funding (multiply line 3 x 4) $56,893,528 $24,466,266 $81,359,795 6 Enhanced Noncredit FTES - - $0 7 Rate Enhanced Noncredit FTES $5, Total Enhanced Funding $ - $ - $0 10 Total College Noncredit FTES State Funded Rate Noncredit FTES $3, Noncredit Funding (multiply line 10 x 11) $0 $0 $0 13 Total College FTES 10, , , Total State Base Revenue (add lines 1,5,8,& 12) $61,237,277 $28,189,479 $0 $89,426, Revenue Shortfall Percent 0.71% 16 Revenue Shortfall Amount (line 14 x 15) -$433,544 -$199,574 $0 -$633, Adjusted State Base Revenue (line 14 - line 16) $60,803,733 $27,989,905 $0 $88,793,638 Section B - Adjustments for Reconciliations 23 Proposed Base Allocation Increase $1,735,714 $746,419 $2,482, Total State Revenue (add lines 17-23) $62,539,447 $28,736,325 $0 $91,275, Change From Prev. Year State Base Revenue $2,113,800 Section C - Other Revenue 26 College Part-time Faculty $221,459 $95,235 $0 $316, College Full-time Faculty $0 $0 $0 $0 28 College Lottery Funds $1,549,936 $668,826 $0 $2,218, College Interest Income $115,451 $48,692 $0 $164, Other Campus Revenue per Campus Projections $1,162,237 $341,925 $0 $1,504, Other Revenue $767,304 $603,321 $0 $1,370, Total College Revenue (add lines 24, 26-33) $66,355,834 $30,494,324 $0 $96,850,158 Section D - Assessments 35 Total College Credit FTES 10, , , Percent for Assessments 69.93% 30.07% % 37 Assessment for District Office Operations Expenditures -$11,780,439 -$5,065,605 $16,846,044 $0 38 Assessment for Property & Liability Insurance Cost -$384,615 -$165,385 $550,000 $0 Section E - Individual Site s 45 Total Site Allocation for Colleges (add lines 34, $54,190,780 $25,263,333 $17,396,044 $96,850, Academic Salaries $26,597,690 $12,351,568 $546,941 $39,496, Classified Salaries $9,043,526 $5,312,162 $7,476,819 $21,832, Benefits $12,378,166 $6,416,863 $4,055,594 $22,850, Supplies $701,776 $241,259 $293,766 $1,236, Other Expenses and Services $5,568,421 $1,844,693 $4,333,782 $11,746, Capital Outlay $421,957 $56,106 $139,142 $617, Other Outgo $0 $0 $550,000 $550, Prior Year Expenditures $0 $0 $0 $0 54 Site ed / Projected Expenditures $54,711,537 $26,222,650 $17,396,044 $98,330, Excess/(Deficit) (line 45 minus line 54) -$520,756 -$959,317 $0 -$1,480,073 Section F - One-Time Adjustments & Fund Balance 56 One-time Exp. (Salaries adjustment of 1.5%) $0 58 One-time State Funding $0 59 One-time Expenditures $0 60 STRS/PERS Set Aside for Rate Increases $699,300 $300,700 $1,000, District Office STRS/PERS Increase $0 62 One-time Exp. (Adjust. to Fund Balance) - KVCR $0 $0 63 One-time Exp. (Adjust. to Fund Balance) - EDCT -$410,000 -$410, Annual Increase/(Decrease) to Fund Balance $178,544 -$658,617 -$410,000 -$890, Site Fund Balance July 1, Year Beginning (Includes RDA) $5,120,554 -$2,819,642 $13,367,370 $15,668, Site Fund Balance June 30, Year Ending (line ) $5,299,098 -$3,478,259 $12,957,370 $14,778, % 67 Unrestricted Fund Balance $14,778,209

15 Final Fiscal Year -18 Adopted September 14, Page 14 of 87 Multi Year Forecast Unrestricted General Fund Resource Allocation Model (RAM) Forecast District Services SBCCD Total SBVC CHC Section A - State Base Revenue 1 Base Allocation Revenue per SB361 for Medium and Small Colleges $4,387,187 $3,760,445 $8,147,632 3 Total College Funded Credit FTES 10, , , District Funded Rate Credit FTES per State Allocation $5, Credit Funding (multiply line 3 x 4) $58,322,251 $25,082,442 $83,404,693 6 Enhanced Noncredit FTES - - $0 7 Rate Enhanced Noncredit FTES $5, Total Enhanced Funding $ - $ - $0 10 Total College Noncredit FTES State Funded Rate Noncredit FTES $3, Noncredit Funding (multiply line 10 x 11) $0 $0 $0 13 Total College FTES 10, , , Total State Base Revenue (add lines 1,5,8,& 12) $62,709,437 $28,842,887 $0 $91,552, Revenue Shortfall Percent 0.71% 16 Revenue Shortfall Amount (line 14 x 15) -$443,967 -$204,200 $0 -$648, Adjusted State Base Revenue (line 14 - line 16) $62,265,471 $28,638,687 $0 $90,904,158 Section B - Adjustments for Reconciliations 23 Proposed Base Allocation Increase $1,735,677 $746,456 $2,482, Total State Revenue (add lines 17-23) $64,001,147 $29,385,143 $0 $93,386, Change From Prev. Year State Base Revenue $2,110,520 Section C - Other Revenue 26 College Part-time Faculty $221,454 $95,240 $0 $316, College Full-time Faculty $0 $0 $0 $0 28 College Lottery Funds $1,549,936 $668,826 $0 $2,218, College Interest Income $115,451 $48,692 $0 $164, Other Campus Revenue per Campus Projections $1,162,237 $341,925 $0 $1,504, Other Revenue $767,304 $603,321 $0 $1,370, Total College Revenue (add lines 24, 26-33) $67,817,530 $31,143,147 $0 $98,960,677 Section D - Assessments 35 Total College Credit FTES 10, , , Percent for Assessments 69.93% 30.07% % 37 Assessment for District Office Operations Expenditures -$12,058,186 -$5,185,037 $17,243,224 $0 38 Assessment for Property & Liability Insurance Cost -$384,615 -$165,385 $550,000 $0 Section E - Individual Site s 45 Total Site Allocation for Colleges (add lines 34, $55,374,729 $25,792,725 $17,793,224 $98,960, Academic Salaries $26,945,573 $12,501,095 $551,806 $39,998, Classified Salaries $9,145,637 $5,372,776 $7,550,143 $22,068, Benefits $13,173,927 $6,814,028 $4,326,919 $24,314, Supplies $708,794 $243,671 $296,704 $1,249, Other Expenses and Services $5,624,105 $1,863,140 $4,377,119 $11,864, Capital Outlay $426,177 $56,667 $140,533 $623, Other Outgo $0 $0 $550,000 $550, Prior Year Expenditures $0 $0 $0 $0 54 Site ed / Projected Expenditures $56,024,213 $26,851,377 $17,793,224 $100,668, Excess/(Deficit) (line 45 minus line 54) -$649,484 -$1,058,652 $0 -$1,708,135 Section F - One-Time Adjustments & Fund Balance 56 One-time Exp. (Salaries adjustment of 1.5%) $0 58 One-time State Funding $0 59 One-time Expenditures $0 60 STRS/PERS Set Aside for Rate Increases $699,300 $300,700 $1,000, District Office STRS/PERS Increase $0 62 One-time Exp. (Adjust. to Fund Balance) - KVCR $0 $0 63 One-time Exp. (Adjust. to Fund Balance) - EDCT -$410,000 -$410, Annual Increase/(Decrease) to Fund Balance $49,816 -$757,952 -$410,000 -$1,118, Site Fund Balance July 1, Year Beginning (Includes RDA) $5,299,098 -$3,478,259 $12,957,370 $14,778, Site Fund Balance June 30, Year Ending (line ) $5,348,914 -$4,236,210 $12,547,370 $13,660, % 67 Unrestricted Fund Balance $13,660,074

16 Final Fiscal Year -18 Adopted September 14, Page 15 of 87 Enrollment Management FTES Projections by College San Bernardino Valley College Crafton Hills College SBCCD Total Fiscal Year State Growth Funded Additional Growth Total Growth Overcap* Total Funded Unfunded % 10,117 10, % 2.17% 10, % 10,500 10, % 3.79% 10, % 10,500 10, % 0.00% 10, % 10,658 10, % 1.50% 10,658 State system funded growth is 1.00% ; based on need estimated at 1.75% for SBCCD % 10,818 10, % 1.50% 10, % 10,980 10, % 1.50% 10, % 11,145 11, % 1.50% 11, % 4,350 3, % 3.31% 343 4, % 4,843 4, % 11.33% 4, % 4,843 4, % 0.00% 4, % 4,916 4, % 1.50% 4,916 State system funded growth is 1.00% ; based on need estimated at 1.75% for SBCCD % 4,990 4, % 1.50% 4, % 5,065 5, % 1.50% 5, % 5,141 5, % 1.50% 5, % 14,467 13, % 0.46% , % 15,343 15, % 6.06% 15, % 15,343 15, % 0.00% 15, % 15,574 15, % 1.50% 15,574 State system funded growth is 1.00% ; based on need estimated at 1.75% for SBCCD % 15,808 15, % 1.50% 15, % 16,045 16, % 1.50% 16, % 16,286 16, % 1.50% 16,286 Notes * Overcap is the additional FTES SBCCD could capture if other districts do not grow enough during the year. Overcap is usually known at State Recalc which occurs around February of each year. Overcap FTES are estimates based on ACBO state budget workshops and/or other information received by SBCCD.

17 Final Fiscal Year -18 Adopted September 14, Page 16 of 87 Enrollment Management FTES Projections by Year SBCCD Total Crafton Hills College San Bernardino Valley College *Overcap is the additional FTES SBCCD could capture if other districts do not grow enough during the year.

18 Final Fiscal Year -18 Adopted September 14, Page 17 of Final by Fund General Fund Debt Service Special Revenue Capital Outlay Enterprise Unrestricted Restricted Bond Interest & Redemption Child Development Other Special Revenue Capital Outlay Projects Revenue Bond Construction Bookstore Cafeteria FCC Auction Proceeds REVENUES FEDERAL REVENUES STATE REVENUES Higher Education & Financial Aid Perkins (VTEA) Other Federal Revenues TOTAL FEDERAL REVENUES General Apportionments General Categorical s Reimbursable Categorical s Other State Revenues TOTAL STATE REVENUES 1, , , , , ,500 2,455, , ,549, , ,279,147-2,439, ,498,261-9, ,580, , , ,258, ,129,659 44,065, ,000 2,449,390-1,258, LOCAL REVENUES TOTAL REVENUES Property Taxes 24,575,652-21,350, Contributions, Grants, etc. 4,000 1, Enrollment 5,090, Other Student Fees & Charges Other Local Revenues TOTAL LOCAL REVENUES 404,992 1,682, ,000-15, ,179,987 1,551, ,000-1,633,049 1,344, , ,525-32,255,147 3,235,831 21,450, ,000 1,633,049 1,359, , ,525-93,386,306 49,757,417 21,665,000 2,827,100 1,633,049 2,617, , ,525 - EXPENDITURES TOTAL EXPENDITURES Academic Salaries Classified Salaries Employee Benefits Supplies & Materials Other Expenses & Services Capital Outlay 38,385,588 4,478, ,365,751 8,206,035-1,623,464 1,401, , , ,715-20,546,474 3,704, , ,697 79, ,012-1,212,431 1,818, ,723 15,200-21,691-11,515,435 28,260, ,145 1,400,945 2,039, , ,600 6, , ,043 3,885,975-5, ,500 5,818,358 7,803, ,100,000 93,630,722 50,354,430-2,827,013 3,632,866 8,137,605 8,118,504 1,170, ,148 2,060,000 REVENUES OVER/(UNDER) EXPENDITURES (244,416) (597,013) 21,665, (1,999,817) (5,520,100) (8,118,504) (320,570) 66,377 (2,060,000) OTHER FINANCING SOURCES NET OTHER FINANCING SOURCES Sale of Fixed Assets Proceeds--Long Term Debt Incoming Transfers Other Outgo ,113, , ,000, (993,376) (1,041,820) (21,665,000) (340,000) (993,376) (831,820) (21,665,000) - 2,000, ,773,171 NET INCREASE/(DECREASE) IN FUND BALANCE FUND BALANCE, JULY 1 FUND BALANCE, JUNE 30 (1,237,792) (1,428,833) (5,520,100) (8,118,504) (320,570) 66, ,713,171 17,667,358 10,799,761 33,504, , ,797 9,934,170 41,219, , ,334-16,429,566 9,370,928 33,504, , ,385 4,414,070 33,101,171 (145,173) 268, ,713,171

19 Final Fiscal Year -18 Adopted September 14, Page 18 of 87 Internal Services -18 Final by Fund Trusts Total REVENUES FEDERAL REVENUES STATE REVENUES Higher Education & Financial Aid Perkins (VTEA) Other Federal Revenues TOTAL FEDERAL REVENUES General Apportionments General Categorical s Reimbursable Categorical s Other State Revenues TOTAL STATE REVENUES Self-Insurance Other Internal Service Associated Students Representation Fee Student Body Center Fee Financial Aid Scholarship & Loan Other Trusts KVCR FNX Fund KVCR Educational Foundation EDCT Foundation , , ,310, ,300, ,310, ,935, ,976, ,718, ,508, ,882, ,797, ,882, ,000,953 All Funds LOCAL REVENUES TOTAL REVENUES Property Taxes ,925,652 C ontributions, Grants, etc ,998,290 2,270,028-4,274,083 Enrollment - - 5,090,516 Other Student Fees & Charges , ,598,307 Other Local Revenues 1,325, , ,500 43,500-1, , ,945 35, ,241 78,996 10,762,265 TOTAL LOCAL REVENUES 1,325, , ,500 43, ,750 1, , ,945 2,033,290 2,809,269 78,996 68,650,823 1,325, , ,500 43, ,750 20,194, , ,945 2,033,290 2,809,269 78, ,587,073 EXPENDITURES TOTAL EXPENDITURES Academic Salaries Classified Salaries Employee Benefits Supplies & Materials Other Expenses & Services Capital Outlay ,863, , , , ,619 34,947, , , , ,697 44,145 26,862, , , ,017 26,300 29,250 11,850 3,431,290 1,875,000-67,500 43,000 24,023 50, , , , ,882 48,860, , ,200 16,000 2,500 19,544,217 1,875, ,234 82,100 43, ,750 50, ,604 1,927,869 1,254, , ,509,234 REVENUES OVER/(UNDER) EXPENDITURES (550,000) (110,234) 61, ,143, ,090 75, ,421 1,554,985 (220,000) 24,077,839 OTHER FINANCING SOURCES NET OTHER FINANCING SOURCES Sale of Fix ed Assets Proceeds--Long Term Debt Incoming Transfers Other Outgo ,113, , , ,000 3,596, (21,000) - - (20,779,135) (146,390) (10,093) (105,420) (1,554,985) - (46,657,219) 550,000 - (21,000) - - (20,142,898) (146,390) (10,093) (105,420) (1,554,985) 200, ,052,594 NET INCREASE/(DECREASE) IN FUND BALANCE FUND BALANCE, JULY 1 FUND BALANCE, JUNE 30 - (110,234) 40, (300) 65, (20,000) 138,130,433 4,720,703 8,927, , , , , , , ,155 49, ,268,969 4,720,703 8,817, , , , , , , ,155 29, ,399,402

20 Final Fiscal Year -18 Adopted September 14, Page 19 of 87 ed Revenues & Expenditures Total All Funds FY 2015 FY 2016 Estimated FY FY REVENUES FEDERAL REVENUES STATE REVENUES Higher Education & Financial Aid Perkins (VTEA) Other Federal Revenues TOTAL FEDERAL REVENUES General Apportionments General Categorical s Reimbursable Categorical s Other State Revenues TOTAL STATE REVENUES 3,345,726 3,272,819 1,265, , , , , ,229 25,518,057 25,724,621 20,640,055 19,300,293 29,354,619 29,508,161 22,317,668 20,935,297 38,275,026 46,715,975 56,071,047 46,976,216 11,508,666 16,427,977 39,382,067 40,718,710 1,637,000 1,544,139 2,647,170 4,508,088 17,740,965 28,084,298 18,425,105 18,797,939 69,161,657 92,772, ,525, ,000,953 LOCAL REVENUES TOTAL REVENUES Property Taxes 42,822,896 48,302,169 39,235,411 45,925,652 C ontributions, Grants, etc. 2,599,602 3,012,022 3,949,445 4,274,083 Enrollment 4,011,381 4,049,979 5,061,422 5,090,516 Other Student Fees & Charges Other Local Revenues TOTAL LOCAL REVENUES 2,751,897 3,198,310 3,136,520 2,598,307 9,236,698 8,477,727 9,153,920 10,762,265 61,422,475 67,040,207 60,536,719 68,650, ,938, ,320, ,379, ,587,073 EXPENDITURES TOTAL EXPENDITURES Academic Salaries Classified Salaries Employee Benefits Supplies & Materials Other Expenses & Services Capital Outlay 37,935,920 40,213,256 41,536,038 42,863,770 28,228,878 30,413,561 31,285,933 34,947,356 18,945,742 21,206,243 22,897,641 26,862,157 2,015,170 2,324,297 2,992,246 3,431,290 21,894,143 22,656,729 37,458,945 48,860,444 76,308,664 62,441,135 43,016,183 19,544, ,328, ,255, ,186, ,509,234 REVENUES OVER/(UNDER) EXPENDITURES (25,389,766) 10,065,534 20,192,788 24,077,839 OTHER FINANCING SOURCES NET OTHER FINANCING SOURCES Sale of Fix ed Assets Proceeds--Long Term Debt Incoming Transfers Other Outgo 12,120 4,846 12, ,113,171-42,032, ,300,733 14,675,565 2,498,066 3,596,642 (54,050,541) (67,661,124) (54,847,636) (46,657,219) (50,737,688) (10,948,689) (52,337,014) 114,052,594 NET INCREASE/(DECREASE) IN FUND BALANCE FUND BALANCE, JULY 1 FUND BALANCE, JUNE 30 (76,127,454) (516,632) (32,144,226) 138,130, ,200, ,081, ,413, ,268, ,081, ,413, ,268, ,399,402

21 Final Fiscal Year -18 Adopted September 14, Page 20 of 87 ed Revenues & Expenditures Total All Funds $199,379,774 $200,587,073 Total Revenue FY Estimated s FY -18 Final $179,186,986 $176,509,234 Total Expenses

22 Final Fiscal Year -18 Adopted September 14, Page 21 of 87 ed Revenues & Expenditures by Fund General Fund, Unrestricted FY 2015 FY 2016 Estimated FY FY REVENUES FEDERAL REVENUES STATE REVENUES Higher Education & Financial Aid Perkins (VTEA) Other Federal Revenues TOTAL FEDERAL REVENUES General Apportionments General Categorical s Reimbursable Categorical s Other State Revenues TOTAL STATE REVENUES 88,298 74,945 31,526 1, ,298 74,945 31,526 1,500 38,086,409 46,541,719 46,523,243 46,549, ,559,872 24,294,731 14,572,766 14,580,117 52,646,281 70,836,450 61,096,009 61,129,659 LOCAL REVENUES TOTAL REVENUES Property Taxes 18,396,862 21,681,346 22,977,324 24,575,652 Contributions, Grants, etc. 5,700 56,795 25,000 4,000 Enrollment 4,011,381 4,049,979 5,061,422 5,090,516 Other Student Fees & Charges Other Local Revenues TOTAL LOCAL REVENUES 640,509 1,163, , ,992 1,641, , ,441 2,179,987 24,695,576 27,174,310 29,348,555 32,255,147 77,430,155 98,085,705 90,476,090 93,386,306 EXPENDITURES TOTAL EXPENDITURES Academic Salaries Classified Salaries Employee Benefits Supplies & Materials Other Expenses & Services Capital Outlay 34,574,082 36,295,433 37,476,503 38,385,588 17,681,477 19,066,653 19,568,052 21,365,751 15,039,493 16,921,335 17,725,455 20,546, , , ,452 1,212,431 10,164,704 9,025,377 11,356,985 11,515, ,850 1,481,594 1,149, ,043 78,869,872 83,532,746 88,259,565 93,630,722 REVENUES OVER/(UNDER) EXPENDITURES (1,439,717) 14,552,959 2,216,525 (244,416) OTHER FINANCING SOURCES NET OTHER FINANCING SOURCES Sale of Fix ed Assets Proceeds--Long Term Debt Incoming Transfers Other Outgo 12,120 4,846 12, ,000,000 3,685 (1,809,993) (12,705,000) (1,231,356) (993,376) (797,873) (12,700,154) (1,215,115) (993,376) NET INCREASE/(DECREASE) IN FUND BALANCE FUND BALANCE, JULY 1 FUND BALANCE, JUNE 30 (2,237,590) 2,219,327 1,001,410 (1,237,792) 16,684,210 14,446,621 16,665,948 17,667,358 14,446,621 16,665,948 17,667,358 16,429,566

23 Final Fiscal Year -18 Adopted September 14, Page 22 of 87 General Fund, Restricted FY 2015 FY 2016 Estimated FY FY REVENUES FEDERAL REVENUES STATE REVENUES Higher Education & Financial Aid Perkins (VTEA) Other Federal Revenues TOTAL FEDERAL REVENUES General Apportionments General Categorical s Reimbursable Categorical s Other State Revenues TOTAL STATE REVENUES 3,257,428 3,197,874 1,234, , , , , ,229 1,059, , , ,241 4,807,280 4,522,734 2,346,600 2,455, , , , ,674 9,297,221 14,178,853 36,829,294 38,279,147 1,624,128 1,530,375 2,634,554 4,498, , , , ,759 11,673,249 16,665,752 40,416,839 44,065,841 LOCAL REVENUES TOTAL REVENUES Property Taxes Contributions, Grants, etc. 1,450 1,765 Enrollment Other Student Fees & Charges Other Local Revenues TOTAL LOCAL REVENUES 1,682,686 1,593,770 1,914,603 1,682, ,570 1,133,078 1,306,375 1,551,501 2,560,256 2,726,848 3,222,429 3,235,831 19,040,785 23,915,333 45,985,867 49,757,417 EXPENDITURES TOTAL EXPENDITURES Academic Salaries Classified Salaries Employee Benefits Supplies & Materials Other Expenses & Services Capital Outlay 3,284,998 3,917,822 4,059,535 4,478,182 5,588,618 6,328,550 6,631,801 8,206,035 2,057,429 2,357,727 2,889,970 3,704, ,438 1,225,822 1,510,067 1,818,528 4,847,566 5,946,370 17,481,989 28,260,818 1,798,469 3,060,699 2,912,199 3,885,975 18,431,518 22,836,990 35,485,562 50,354,430 REVENUES OVER/(UNDER) EXPENDITURES 609,267 1,078,343 10,500,305 (597,013) OTHER FINANCING SOURCES NET OTHER FINANCING SOURCES Sale of Fixed Assets Proceeds--Long Term Debt Incoming Transfers Other Outgo , ,000 (734,719) (1,139,820) (1,546,993) (1,041,820) (734,719) (1,139,820) (1,366,993) (831,820) NET INCREASE/(DECREASE) IN FUND BALANCE FUND BALANCE, JULY 1 FUND BALANCE, JUNE 30 (125,452) (61,476) 9,133,312 (1,428,833) 1,897,426 1,771,974 1,666,450 10,799,761 1,771,974 1,666,450 10,799,761 9,370,928

24 Final Fiscal Year -18 Adopted September 14, Page 23 of 87 Bond Interest & Redemption REVENUES STATE REVENUES LOCAL REVENUES TOTAL REVENUES General Categorical s Reimbursable Categorical s Other State Revenues TOTAL STATE REVENUES Other Local Revenues TOTAL LOCAL REVENUES FY 2015 FY 2016 Estimated FY FY , , , , , , ,514 9,395, ,000 88,154 86, , ,000 24,514,188 26,707,445 16,418,360 21,450,000 24,742,835 26,939,960 25,813,535 21,665,000 TOTAL EXPENDITURES REVENUES OVER/(UNDER) EXPENDITURES 24,742,835 26,939,960 25,813,535 21,665,000 OTHER FINANCING SOURCES NET OTHER FINANCING SOURCES Proceeds--Long Term Debt Incoming Transfers Other Outgo - 4,612, (23,651,486) (24,390,848) (28,263,819) (21,665,000) (23,651,486) (19,778,106) (28,263,819) (21,665,000) NET INCREASE/(DECREASE) IN FUND BALANCE FUND BALANCE, JULY 1 FUND BALANCE, JUNE 30 1,091,349 7,161,854 (2,450,283) - 27,702,044 28,793,393 35,955,247 33,504,963 28,793,393 35,955,247 33,504,963 33,504,963 Child Development REVENUES FEDERAL REVENUES STATE REVENUES LOCAL REVENUES TOTAL REVENUES Other Federal Revenues TOTAL FEDERAL REVENUES General Categorical s Reimbursable Categorical s Other State Revenues TOTAL STATE REVENUES Other Student Fees & Charges Other Local Revenues TOTAL LOCAL REVENUES FY 2015 FY 2016 Estimated FY FY 227, , , , , , , ,710 2,185,234 2,214,104 2,452,239 2,439,563 12,872 13,764 12,616 9, ,198,106 2,227,868 2,464,855 2,449, , , , ,000 1,163 2,240 6, , , , ,000 2,621,347 2,660,306 2,916,835 2,827,100 EXPENDITURES TOTAL EXPENDITURES Classified Salaries Employee Benefits Supplies & Materials Other Expenses & Services Capital Outlay 1,572,789 1,689,728 1,584,917 1,623, , , , , , , , , , , , ,145 1,443 7,254 10,799 5,000 2,650,066 2,788,025 2,806,111 2,827,013 REVENUES OVER/(UNDER) EXPENDITURES (28,719) (127,719) 110, OTHER FINANCING SOURCES NET OTHER FINANCING SOURCES Incoming Transfers Other Outgo 162, , , , NET INCREASE/(DECREASE) IN FUND BALANCE FUND BALANCE, JULY 1 FUND BALANCE, JUNE ,599 2, , (133,598) 1 2, , , , ,092

25 Final Fiscal Year -18 Adopted September 14, Page 24 of 87 Other Special Revenue FY 2015 FY 2016 Estimated FY FY REVENUES LOCAL REVENUES TOTAL REVENUES C ontributions, Grants, etc. Enrollment Other Student Fees & Charges Other Local Revenues TOTAL LOCAL REVENUES 1,020,590 1,320,476 2,226, ,712,942 1,476,482 1,975,674 1,633,049 2,733,532 2,796,958 4,202,630 1,633,049 2,733,532 2,796,958 4,202,630 1,633,049 EXPENDITURES TOTAL EXPENDITURES Academic Salaries Classified Salaries Employee Benefits Supplies & Materials Other Expenses & Services Capital Outlay ,770,923 1,677,980 1,837,595 1,401, , , , ,697 22,436 17,860 21,286 15,200 1,915,512 1,886,211 1,981,495 1,400,945 71,412 25, , ,500 4,400,944 4,171,890 4,984,872 3,632,866 REVENUES OVER/(UNDER) EXPENDITURES (1,667,412) (1,374,932) (782,242) (1,999,817) OTHER FINANCING SOURCES NET OTHER FINANCING SOURCES Incoming Transfers Other Outgo 1,036,000 1,431,015 1,240,330 2,000,405 (56,000) (109,375) - 1,036,000 1,375,015 1,130,955 2,000,405 NET INCREASE/(DECREASE) IN FUND BALANCE FUND BALANCE, JULY 1 FUND BALANCE, JUNE 30 (631,412) , , , , , , ,385 Capital Outlay Projects FY 2015 FY 2016 Estimated FY FY REVENUES STATE REVENUES LOCAL REVENUES TOTAL REVENUES General Categorical s Other State Revenues TOTAL STATE REVENUES Other Student Fees & Charges Other Local Revenues TOTAL LOCAL REVENUES 26,211 35, , , ,152 1,258, , , ,152 1,258,092 15,701 9,097 85,268 15,000 1,311,249 1,801,497 1,608,054 1,344,413 1,326,950 1,810,594 1,693,322 1,359,413 1,730,656 2,093,188 2,197,474 2,617,505 EXPENDIT URES TOTAL EXPENDITURES Classified Salaries Employee Benefits Supplies & Materials Other Expenses & Services Capital Outlay 27, , , ,722 9,883 32,879 50,112 79,289 5, ,435 1,722,457 2,876,205 2,039,236 2,102,485 4,244,604 2,630,031 5,818,358 2,531,083 6,104,500 5,695,682 8,137,605 REVENUES OVER/(UNDER) EXPENDITURES (800,427) (4,011,312) (3,498,208) (5,520,100) OTHER FINANCING SOURCES NET OTHER FINANCING SOURCES Incoming Transfers Other Outgo - 6,000,000 (1,000,000) (108,575) - - (1,000,000) 5,891, NET INCREASE/(DECREASE) IN FUND BALANCE FUND BALANCE, JULY 1 FUND BALANCE, JUNE 30 (1,800,427) 1,880,113 (3,498,208) (5,520,100) 13,231,859 11,431,432 13,432,377 9,934,170 11,431,432 13,432,377 9,934,170 4,414,070

26 Final Fiscal Year -18 Adopted September 14, Page 25 of 87 Revenue Bond Construction REVENUES LOCAL REVENUES TOTAL REVENUES Other Local Revenues TOTAL LOCAL REVENUES FY 2015 FY 2016 Estimated FY FY 58, , ,052-58, , ,052-58, , ,052 - EXPENDITURES TOTAL EXPENDITURES Classified Salaries Employee Benefits Supplies & Materials Other Expenses & Services Capital Outlay 1,309 2, , , , , ,563 71,694,125 53,614,845 35,720,632 7,803,941 72,654,374 54,216,403 36,722,420 8,118,504 REVENUES OVER/(UNDER) EXPENDITURES (72,595,961) (54,089,537) (36,529,368) (8,118,504) OTHER FINANCING SOURCES NET OTHER FINANCING SOURCES Proceeds--Long Term Debt Other Outgo - 37,419, ,419, NET INCREASE/(DECREASE) IN FUND BALANCE FUND BALANCE, JULY 1 FUND BALANCE, JUNE 30 (72,595,961) (16,670,255) (36,529,368) (8,118,504) 164,517,251 91,921,290 77,749,043 41,219,675 91,921,290 77,749,043 41,219,675 33,101,171 Bookstore REVENUES LOCAL REVENUES TOTAL REVENUES Other Local Revenues TOTAL LOCAL REVENUES FY 2015 FY 2016 Estimated FY FY 826, , , , , , , , , , , ,000 EXPENDITURES TOTAL EXPENDITURES Classified Salaries Employee Benefits Supplies & Materials Other Expenses & Services Capital Outlay 807, , , , , , , , , , , ,922 1,115,030 1,166,379 1,170,570 REVENUES OVER/(UNDER) EXPENDITURES (148,180) (236,020) (312,301) (320,570) OTHER FINANCING SOURCES NET OTHER FINANCING SOURCES Other Outgo - (310,336) - - (310,336) - - NET INCREASE/(DECREASE) IN FUND BALANCE FUND BALANCE, JULY 1 FUND BALANCE, JUNE 30 (148,180) (546,356) (312,301) (320,570) 1,182,234 1,034, , ,397 1,034, , ,397 (145,173)

27 Final Fiscal Year -18 Adopted September 14, Page 26 of 87 Cafeteria REVENUES LOCAL REVENUES TOTAL REVENUES Other Local Revenues TOTAL LOCAL REVENUES FY 2015 FY 2016 Estimated FY FY 342, , , , , , , , , , , ,525 EXPENDITURES TOTAL EXPENDITURES Classified Salaries Supplies & Materials Other Expenses & Services Capital Outlay 305, , , ,715 19,617 13,617 18,151 21,691 34,340 30,027 14,462 6, , , , ,148 REVENUES OVER/(UNDER) EXPENDITURES (16,520) 51,436 53,664 66,377 OTHER FINANCING SOURCES NET OTHER FINANCING SOURCES Incoming Transfers Other Outgo - 310, , NET INCREASE/(DECREASE) IN FUND BALANCE FUND BALANCE, JULY 1 FUND BALANCE, JUNE 30 (16,520) 361,772 53,664 66,377 (196,582) (213,102) 148, ,334 (213,102) 148, , ,711 FCC Auction Proceeds FY 2015 FY 2016 Estimated FY FY TOTAL REVENUES EXPENDITURES TOTAL EXPENDITURES Other Expenses & Services Capital Outlay , ,100, ,060,000 REVENUES OVER/(UNDER) EXPENDITURES (2,060,000) OTHER FINANCING SOURCES NET OTHER FINANCING SOURCES Sale of Fix ed Assets Other Outgo ,113, (340,000) ,773,171 NET INCREASE/(DECREASE) IN FUND BALANCE FUND BALANCE, JULY 1 FUND BALANCE, JUNE ,713, ,713,171

28 Final Fiscal Year -18 Adopted September 14, Page 27 of 87 Self-Insurance REVENUES LOCAL REVENUES TOTAL REVENUES Other Local Revenues TOTAL LOCAL REVENUES FY 2015 FY 2016 Estimated FY FY 1,268,005 1,378,499 1,247,610 1,325,000 1,268,005 1,378,499 1,247,610 1,325,000 1,268,005 1,378,499 1,247,610 1,325,000 EXPENDITURES TOTAL EXPENDITURES Other Expenses & Services Capital Outlay 1,716,826 1,993,932 1,604,960 1,875, ,716,826 1,993,932 1,604,960 1,875,000 REVENUES OVER/(UNDER) EXPENDITURES (448,821) (615,433) (357,350) (550,000) OTHER FINANCING SOURCES NET OTHER FINANCING SOURCES Incoming Transfers Other Outgo 550, , , , , , , ,000 NET INCREASE/(DECREASE) IN FUND BALANCE FUND BALANCE, JULY 1 FUND BALANCE, JUNE ,179 (43,433) 192,650-5,290,726 5,391,905 4,528,053 4,720,703 5,391,905 4,528,053 4,720,703 4,720,703 Internal Services REVENUES LOCAL REVENUES TOTAL REVENUES Other Local Revenues TOTAL LOCAL REVENUES FY 2015 FY 2016 Estimated FY FY 16,705 26, , ,000 16,705 26, , ,000 16,705 26, , ,000 EXPENDITURES TOTAL EXPENDITURES Academic Salaries Classified Salaries Employee Benefits Capital Outlay 76, , , , , , , , ,234 REVENUES OVER/(UNDER) EXPENDITURES (435,475) (276,825) (239,614) (110,234) OTHER FINANCING SOURCES NET OTHER FINANCING SOURCES Incoming Transfers Other Outgo 5,500, ,500, NET INCREASE/(DECREASE) IN FUND BALANCE FUND BALANCE, JULY 1 FUND BALANCE, JUNE 30 (435,475) 5,223,175 (239,614) (110,234) 4,302,060 3,866,585 9,166,930 8,927,316 3,866,585 9,166,930 8,927,316 8,817,082

29 Final Fiscal Year -18 Adopted September 14, Page 28 of 87 Associated Students REVENUES LOCAL REVENUES TOTAL REVENUES Other Local Revenues TOTAL LOCAL REVENUES FY 2015 FY 2016 Estimated FY FY 155, , , , , , , , , , , ,500 EXPENDITURES TOTAL EXPENDITURES Supplies & Materials Other Expenses & Services Capital Outlay 33,207 15,364 12,566 14, ,356 58,281 48,429 67, ,563 73,645 60,994 82,100 REVENUES OVER/(UNDER) EXPENDITURES (783) 77,509 90,160 61,400 OTHER FINANCING SOURCES NET OTHER FINANCING SOURCES Other Outgo (3,000) (26,600) (8,500) (21,000) (3,000) (26,600) (8,500) (21,000) NET INCREASE/(DECREASE) IN FUND BALANCE FUND BALANCE, JULY 1 FUND BALANCE, JUNE 30 (3,783) 50,909 81,660 40, , , , , , , , ,825 Representation Fee REVENUES LOCAL REVENUES TOTAL REVENUES Other Local Revenues TOTAL LOCAL REVENUES FY 2015 FY 2016 Estimated FY FY 46,775 47,031 49,205 43,500 46,775 47,031 49,205 43,500 46,775 47,031 49,205 43,500 EXPENDIT URES TOTAL EXPENDITURES Classified Salaries Employee Benefits Supplies & Materials Other Expenses & Services Capital Outlay ,282 51,140 51,180 43, ,282 51,499 51,397 43,500 REVENUES OVER/(UNDER) EXPENDITURES 17,493 (4,468) (2,192) - NET OTHER FINANCING SOURCES NET INCREASE/(DECREASE) IN FUND BALANCE FUND BALANCE, JULY 1 FUND BALANCE, JUNE 30 17,493 (4,468) (2,192) - 90, , , , , , , ,957

30 Final Fiscal Year -18 Adopted September 14, Page 29 of 87 Student Body Center Fee REVENUES LOCAL REVENUES TOTAL REVENUES Other Student Fees & Charges Other Local Revenues TOTAL LOCAL REVENUES FY 2015 FY 2016 Estimated FY FY 218, , , ,750 4, , , , , , , , ,750 EXPENDITURES TOTAL EXPENDITURES Classified Salaries Employee Benefits Supplies & Materials Other Expenses & Services Capital Outlay 152, , , ,980 53,121 54,078 58,488 60,047 20,002 2,582 7,369 16,200 (442) 1,804 5,686 24,023 16,120 3,903 24,500 24, , , , ,750 REVENUES OVER/(UNDER) EXPENDITURES (18,586) (8,452) (26,767) - NET OTHER FINANCING SOURCES NET INCREASE/(DECREASE) IN FUND BALANCE FUND BALANCE, JULY 1 FUND BALANCE, JUNE 30 Financial Aid (18,586) (8,452) (26,767) - 1,052,191 1,033,605 1,025, ,386 1,033,605 1,025, , ,386 REVENUES FEDERAL REVENUES STATE REVENUES LOCAL REVENUES TOTAL REVENUES Other Federal Revenues TOTAL FEDERAL REVENUES Other State Revenues TOTAL STATE REVENUES Other Local Revenues TOTAL LOCAL REVENUES FY 2015 FY 2016 Estimated FY FY 24,231,832 24,682,888 19,708,595 18,310,342 24,231,832 24,682,888 19,708,595 18,310,342 2,011,668 2,527,210 2,648,357 1,882,971 2,011,668 2,527,210 2,648,357 1,882,971 1,818 2,191 1,958 1,260 1,818 2,191 1,958 1,260 26,245,318 27,212,289 22,358,910 20,194,573 EXPENDITURES TOTAL EXPENDITURES Other Expenses & Services Capital Outlay 53,590 44,646 41,103 50, ,590 44,646 41,103 50,781 REVENUES OVER/(UNDER) EXPENDITURES 26,191,728 27,167,643 22,317,807 20,143,792 OTHER FINANCING SOURCES NET OTHER FINANCING SOURCES Incoming Transfers Other Outgo 491, , , ,237 (26,684,057) (27,645,631) (22,645,470) (20,779,135) (26,192,442) (27,169,417) (22,316,419) (20,142,898) NET INCREASE/(DECREASE) IN FUND BALANCE FUND BALANCE, JULY 1 FUND BALANCE, JUNE 30 (714) (1,774) 1, , , , , , , , ,415

31 Final Fiscal Year -18 Adopted September 14, Page 30 of 87 Scholarship & Loan REVENUES LOCAL REVENUES TOTAL REVENUES Other Local Revenues TOTAL LOCAL REVENUES FY 2015 FY 2016 Estimated FY FY 164, , , , , , , , , , , ,348 EXPENDITURES TOTAL EXPENDITURES Other Expenses & Services Capital Outlay REVENUES OVER/(UNDER) EXPENDITURES 164, , , ,090 OTHER FINANCING SOURCES NET OTHER FINANCING SOURCES Other Outgo (167,286) (144,994) (158,047) (146,390) (167,286) (144,994) (158,047) (146,390) NET INCREASE/(DECREASE) IN FUND BALANCE FUND BALANCE, JULY 1 FUND BALANCE, JUNE 30 (2,464) (2,310) (5,603) (300) 140, , , , , , , ,600 Other Trusts REVENUES LOCAL REVENUES TOTAL REVENUES Other Local Revenues TOTAL LOCAL REVENUES FY 2015 FY 2016 Estimated FY FY 214, , , , , , , , , , , ,945 EXPENDITURES TOTAL EXPENDITURES Supplies & Materials Other Expenses & Services Capital Outlay 77,054 75, ,870 44,017 84,485 73, , , , , ,604 REVENUES OVER/(UNDER) EXPENDITURES 52,724 (22,957) 9,703 75,341 OTHER FINANCING SOURCES NET OTHER FINANCING SOURCES Other Outgo - (2,305) (2,305) (10,093) - (2,305) (2,305) (10,093) NET INCREASE/(DECREASE) IN FUND BALANCE FUND BALANCE, JULY 1 FUND BALANCE, JUNE 30 52,724 (25,262) 7,398 65, , , , , , , , ,875

32 Final Fiscal Year -18 Adopted September 14, Page 31 of 87 KVCR FNX REVENUES LOCAL REVENUES TOTAL REVENUES C ontributions, Grants, etc. Other Local Revenues TOTAL LOCAL REVENUES FY 2015 FY 2016 Estimated FY FY ,998, , ,033, ,033,290 EXPENDITURES TOTAL EXPENDITURES Classified Salaries Employee Benefits Supplies & Materials Other Expenses & Services Capital Outlay , , , , , ,927,869 REVENUES OVER/(UNDER) EXPENDITURES ,421 OTHER FINANCING SOURCES NET OTHER FINANCING SOURCES Other Outgo (105,420) (105,420) NET INCREASE/(DECREASE) IN FUND BALANCE FUND BALANCE, JULY 1 FUND BALANCE, JUNE KVCR Educational Foundation REVENUES LOCAL REVENUES TOTAL REVENUES C ontributions, Grants, etc. Other Local Revenues TOTAL LOCAL REVENUES FY 2015 FY 2016 Estimated FY FY 1,573,312 1,633,251 1,696,039 2,270, , , , ,241 2,077,319 2,160,632 1,877,019 2,809,269 2,077,319 2,160,632 1,877,019 2,809,269 EXPENDITURES TOTAL EXPENDITURES Classified Salaries Employee Benefits Supplies & Materials Other Expenses & Services Capital Outlay 317, , , ,151 81,326 64, , ,697 4,147 2,671 9,837 29,250 1,221, , , ,186 2,760-8,437 16,000 1,627,239 1,173, ,956 1,254,284 REVENUES OVER/(UNDER) EXPENDITURES 450, , ,063 1,554,985 OTHER FINANCING SOURCES NET OTHER FINANCING SOURCES Incoming Transfers Other Outgo - 56,000 - (1,131,015) (881,770) (1,554,985) - (1,075,015) (881,770) (1,554,985) NET INCREASE/(DECREASE) IN FUND BALANCE FUND BALANCE, JULY 1 FUND BALANCE, JUNE ,080 (88,295) 18, , , , , , , ,155

33 Final Fiscal Year -18 Adopted September 14, Page 32 of 87 EDCT Foundation REVENUES LOCAL REVENUES TOTAL REVENUES Contributions, Grants, etc. Other Local Revenues TOTAL LOCAL REVENUES FY 2015 FY 2016 Estimated FY FY - 1, ,653 55,003 78, ,153 55,003 78, ,153 55,003 78,996 EXPENDITURES TOTAL EXPENDITURES Classified Salaries Employee Benefits Supplies & Materials Other Expenses & Services Capital Outlay 3, , , , ,532 53,001 44,145 2,260 (426) 9,197 11,850 11,290 27,959 54, ,882-2,193 32,409 2,500 18, , , ,996 REVENUES OVER/(UNDER) EXPENDITURES (18,114) (164,065) (224,102) (220,000) OTHER FINANCING SOURCES NET OTHER FINANCING SOURCES Incoming Transfers Other Outgo 60, , , , , , , ,000 NET INCREASE/(DECREASE) IN FUND BALANCE FUND BALANCE, JULY 1 FUND BALANCE, JUNE 30 42,686 35,935 (29,102) (20,000) - 42,686 78,621 49,519 42,686 78,621 49,519 29,519