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

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 58301 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.

Adopted September 14,

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... 10 Enrollment Management FTES Projections... 15-18 Final by Fund... 17 ed Revenues & Expenditures Total All Funds... 19 ed Revenues & Expenditures by Fund... 21 Forecast by Department... 33 Unrestricted General Fund... 33 Restricted General Fund... 44 Bond Interest and Redemption Fund... 60 Child Development... 61 KVCR Unrestricted... 62 KVCR Restricted... 63 Capital Outlay Projects Unrestricted... 64 Capital Outlay Projects Restricted... 65 General Obligation Bond Fund... 66 Bookstore... 67 Cafeteria... 68 FCC Auction Proceeds... 69 Workers Compensation... 70 Self-Insurance... 71 Retiree Benefit... 72 Associated Students... 73 Student Representation Fee... 74 Student Body Center Fee... 75 Student Financial Aid... 76 Scholarship and Loan... 77 Student Clubs... 78 KVCR FNX Fund... 83 KVCR Educational Foundation... 84 KVCR Educational Foundation Restricted... 85 EDCT Foundation... 86 EDCT Foundation Restricted... 87

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.

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)

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 2016-17 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 https://www.ccleague.org/files/public/govtrel/-18_ccc_conference%20committee_chart.pdf

Final Fiscal Year -18 Adopted September 14, Page 6 of 87 Item 2016-17 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

Final Fiscal Year -18 Adopted September 14, Page 7 of 87 Item 2016-17 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 2016-17 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

Final Fiscal Year -18 Adopted September 14, Page 8 of 87 Resource Allocation Model Guidelines Fiscal Year -18 4. 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 2016-17 funding levels with a match of 1.3 to 1) Student Equity Plans $2,467,164 (maintain 2016-17 funding levels with no match) Proposition 39, Year 5 $541,383 Physical Plant & Instructional Equipment $1.1 million

Final Fiscal Year -18 Adopted September 14, Page 9 of 87 Unrestricted General Fund Summary 2016- Estimated s - Final -2019 Forecast 2019-2020 Forecast 2020-2021 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 2.41 2.08 1.95 1.80 1.62 $ 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)

Final Fiscal Year -18 Adopted September 14, Page 10 of 87 Unrestricted General Fund Resource Allocation Model (RAM) Multi Year Forecast 2016-17 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 10,424.19 4,779.69 15,203.88 4 District Funded Rate Credit FTES per State Allocation $5,005.75 5 Credit Funding (multiply line 3 x 4) $52,180,900 $23,925,938 $76,106,839 6 Enhanced Noncredit FTES - - 7 Rate Enhanced Noncredit FTES $5,005.75 8 Total Enhanced Funding $0 $0 10 Total College Noncredit FTES 75.81 63.31 139.12 11 State Funded Rate Noncredit FTES $3,010.10 12 Noncredit Funding (multiply line 10 x 11) $228,196 $190,569 $418,765 13 Total College FTES 10,500.00 4,843.00 15,343.00 14 Total State Base Revenue (add lines 1,5,8,& 12) $57,759,890 $26,570,256 $0 $84,330,146 15 Revenue Shortfall Percent 0.71% 16 Revenue Shortfall Amount (line 14 x 15) -$408,925 -$188,111 $0 -$597,036 17 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 $1,147,565 24 Total State Revenue (add lines 17-23) $58,137,766 $26,742,909 $0 $84,880,675 25 Change From Prev. Year State Base Revenue $51,190 Section C - Other Revenue 26 College Part-time Faculty $215,055 $100,946 $0 $316,001 27 College Full-time Faculty $0 $0 $0 $0 28 College Lottery Funds $1,336,965 $618,239 $0 $1,955,204 29 College Interest Income $132,507 $60,757 $0 $193,264 30 Other Campus Revenue per Campus Projections $470,574 $215,794 $0 $686,368 33 Other Revenue $416,373 $190,939 $0 $607,312 34 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 10,500.00 4,843.00 15,343.00 36 Percent for Assessments 68.44% 31.56% 100.00% 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, 37-38 $49,787,494 $22,893,197 $15,958,133 $88,638,824 46 1000 - Academic Salaries $24,599,140 $12,044,583 $832,780 $37,476,503 47 2000 - Classified Salaries $7,996,955 $4,972,394 $6,598,703 $19,568,052 48 3000 - Benefits $9,809,960 $4,997,476 $2,918,019 $17,725,455 49 4000 - Supplies $570,540 $206,137 $206,775 $983,452 50 5000 - Other Expenses and Services $4,654,758 $961,949 $4,578,279 $10,194,986 51 6000 - Capital Outlay $800,341 $75,200 $273,577 $1,149,118 52 7000 - Other Outgo $1,356 $0 $550,000 $551,356 53 Prior Year Expenditures $0 54 Site ed / Projected Expenditures $48,433,050 $23,257,739 $15,958,133 $87,648,922 55 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 $1,853,507 59 One-time Expenditures -$530,000 -$530,000 -$102,000 -$1,162,000 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 -$320,000 -$320,000 63 One-time Exp. (Adjust. to Fund Balance) - EDCT -$360,000 -$360,000 64 Annual Increase/(Decrease) to Fund Balance $1,334,098 -$659,524 $326,835 $1,001,409 65 Site Fund Balance July 1, Year Beginning (Includes RDA) $3,101,564 -$1,040,823 $14,605,207 $16,665,949 66 Site Fund Balance June 30, Year Ending (line 64 + 65) $4,435,662 -$1,700,346 $14,932,042 $17,667,358 20.00% 67 Unrestricted Fund Balance $17,667,358

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 10,400.00 4,519.00 14,919.00 4 District Funded Rate Credit FTES per State Allocation $5,151.24 5 Credit Funding (multiply line 3 x 4) $53,572,920 $23,278,464 $76,851,385 6 Enhanced Noncredit FTES 100.00 0.00 100.00 7 Rate Enhanced Noncredit FTES $5,151.24 8 Total Enhanced Funding $515,124 $0 $515,124 10 Total College Noncredit FTES 150.00 64.26 214.26 11 State Funded Rate Noncredit FTES $3,097.58 12 Noncredit Funding (multiply line 10 x 11) $464,637 $199,050 $663,687 13 Total College FTES 10,650.00 4,583.26 15,233.26 14 Total State Base Revenue (add lines 1,5,8,& 12) $58,810,842 $27,127,366 $0 $85,938,207 15 Revenue Shortfall Percent 0.71% 16 Revenue Shortfall Amount (line 14 x 15) -$416,366 -$192,055 $0 -$608,420 17 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 $2,482,133 24 Total State Revenue (add lines 17-23) $60,129,805 $27,682,115 $0 $87,811,920 25 Change From Prev. Year State Base Revenue $1,596,677 Section C - Other Revenue 26 College Part-time Faculty $221,229 $95,465 $0 $316,694 27 College Full-time Faculty $0 $0 $0 $0 28 College Lottery Funds $1,549,936 $668,826 $0 $2,218,762 29 College Interest Income $115,451 $48,692 $0 $164,143 30 Other Campus Revenue per Campus Projections $1,162,237 $341,925 $0 $1,504,162 33 Other Revenue $767,304 $603,321 $0 $1,370,625 34 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 10,650.00 4,583.26 15,233.26 36 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, 37-38 $52,257,026 $24,409,303 $16,719,977 $93,386,306 46 1000 - Academic Salaries $25,788,938 $12,059,349 $537,301 $38,385,588 47 2000 - Classified Salaries $8,842,326 $5,192,063 $7,331,361 $21,365,750 48 3000 - Benefits $11,126,085 $5,791,842 $3,628,548 $20,546,475 49 4000 - Supplies $687,948 $236,505 $287,978 $1,212,431 50 5000 - Other Expenses and Services $5,458,701 $1,808,345 $4,248,389 $11,515,435 51 6000 - Capital Outlay $413,643 $55,000 $136,400 $605,043 52 7000 - Other Outgo $5,716 $27,660 $550,000 $583,376 53 Prior Year Expenditures $0 $0 $0 $0 54 Site ed / Projected Expenditures $52,323,357 $25,170,764 $16,719,977 $94,214,098 55 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 -$410,000 64 Annual Increase/(Decrease) to Fund Balance $454,270 -$537,389 -$1,154,672 -$1,237,792 65 Site Fund Balance July 1, Year Beginning (Includes RDA) $4,435,662 -$1,700,346 $14,932,042 $17,667,358 66 Site Fund Balance June 30, Year Ending (line 64 + 65) $4,889,931 -$2,237,736 $13,777,370 $16,429,566 17.36% 67 Unrestricted Fund Balance $16,429,566

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 10,657.00 4,587.00 15,244.00 4 District Funded Rate Credit FTES per State Allocation $5,202.75 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 $5,202.75 8 Total Enhanced Funding $ - $ - $0 10 Total College Noncredit FTES 0.00 0.00 11 State Funded Rate Noncredit FTES $3,097.58 12 Noncredit Funding (multiply line 10 x 11) $0 $0 $0 13 Total College FTES 10,657.00 4,587.00 15,244.00 14 Total State Base Revenue (add lines 1,5,8,& 12) $59,746,499 $27,551,386 $0 $87,297,885 15 Revenue Shortfall Percent 0.71% 16 Revenue Shortfall Amount (line 14 x 15) -$422,990 -$195,057 $0 -$618,047 17 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 $2,482,133 24 Total State Revenue (add lines 17-23) $61,058,755 $28,103,216 $0 $89,161,971 25 Change From Prev. Year State Base Revenue $1,350,051 Section C - Other Revenue 26 College Part-time Faculty $221,399 $95,295 $0 $316,694 27 College Full-time Faculty $0 $0 $0 $0 28 College Lottery Funds $1,549,936 $668,826 $0 $2,218,762 29 College Interest Income $115,451 $48,692 $0 $164,143 30 Other Campus Revenue per Campus Projections $1,162,237 $341,925 $0 $1,504,162 33 Other Revenue $767,304 $603,321 $0 $1,370,625 34 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 10,657.00 4,587.00 15,244.00 36 Percent for Assessments 69.91% 30.09% 100.00% 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, 37-38 $52,977,897 $24,740,600 $17,017,861 $94,736,358 46 1000 - Academic Salaries $26,243,589 $12,204,730 $542,124 $38,990,443 47 2000 - Classified Salaries $8,942,425 $5,252,148 $7,404,221 $21,598,795 48 3000 - Benefits $11,634,465 $6,045,681 $3,802,020 $21,482,166 49 4000 - Supplies $694,827 $238,870 $290,858 $1,224,555 50 5000 - Other Expenses and Services $5,513,288 $1,826,428 $4,290,873 $11,630,589 51 6000 - Capital Outlay $417,779 $55,550 $137,764 $611,093 52 7000 - Other Outgo $0 $0 $550,000 $550,000 53 Prior Year Expenditures $0 $0 $0 $0 54 Site ed / Projected Expenditures $53,446,374 $25,623,407 $17,017,861 $96,087,641 55 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 $1,000,000 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 -$410,000 64 Annual Increase/(Decrease) to Fund Balance $230,623 -$581,907 -$410,000 -$761,284 65 Site Fund Balance July 1, Year Beginning (Includes RDA) $4,889,931 -$2,237,736 $13,777,370 $16,429,566 66 Site Fund Balance June 30, Year Ending (line 64 + 65) $5,120,554 -$2,819,642 $13,367,370 $15,668,282 16.24% 67 Unrestricted Fund Balance $15,668,282

Final Fiscal Year -18 Adopted September 14, Page 13 of 87 Unrestricted General Fund Resource Allocation Model (RAM) Multi Year Forecast 2019-20 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 10,827.00 4,656.00 15,483.00 4 District Funded Rate Credit FTES per State Allocation $5,254.78 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 $5,254.78 8 Total Enhanced Funding $ - $ - $0 10 Total College Noncredit FTES 0.00 0.00 11 State Funded Rate Noncredit FTES $3,097.58 12 Noncredit Funding (multiply line 10 x 11) $0 $0 $0 13 Total College FTES 10,827.00 4,656.00 15,483.00 14 Total State Base Revenue (add lines 1,5,8,& 12) $61,237,277 $28,189,479 $0 $89,426,757 15 Revenue Shortfall Percent 0.71% 16 Revenue Shortfall Amount (line 14 x 15) -$433,544 -$199,574 $0 -$633,118 17 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 $2,482,133 24 Total State Revenue (add lines 17-23) $62,539,447 $28,736,325 $0 $91,275,771 25 Change From Prev. Year State Base Revenue $2,113,800 Section C - Other Revenue 26 College Part-time Faculty $221,459 $95,235 $0 $316,694 27 College Full-time Faculty $0 $0 $0 $0 28 College Lottery Funds $1,549,936 $668,826 $0 $2,218,762 29 College Interest Income $115,451 $48,692 $0 $164,143 30 Other Campus Revenue per Campus Projections $1,162,237 $341,925 $0 $1,504,162 33 Other Revenue $767,304 $603,321 $0 $1,370,625 34 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 10,827.00 4,656.00 15,483.00 36 Percent for Assessments 69.93% 30.07% 100.00% 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, 37-38 $54,190,780 $25,263,333 $17,396,044 $96,850,158 46 1000 - Academic Salaries $26,597,690 $12,351,568 $546,941 $39,496,200 47 2000 - Classified Salaries $9,043,526 $5,312,162 $7,476,819 $21,832,507 48 3000 - Benefits $12,378,166 $6,416,863 $4,055,594 $22,850,624 49 4000 - Supplies $701,776 $241,259 $293,766 $1,236,801 50 5000 - Other Expenses and Services $5,568,421 $1,844,693 $4,333,782 $11,746,895 51 6000 - Capital Outlay $421,957 $56,106 $139,142 $617,204 52 7000 - Other Outgo $0 $0 $550,000 $550,000 53 Prior Year Expenditures $0 $0 $0 $0 54 Site ed / Projected Expenditures $54,711,537 $26,222,650 $17,396,044 $98,330,231 55 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 $1,000,000 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 -$410,000 64 Annual Increase/(Decrease) to Fund Balance $178,544 -$658,617 -$410,000 -$890,073 65 Site Fund Balance July 1, Year Beginning (Includes RDA) $5,120,554 -$2,819,642 $13,367,370 $15,668,282 66 Site Fund Balance June 30, Year Ending (line 64 + 65) $5,299,098 -$3,478,259 $12,957,370 $14,778,209 14.97% 67 Unrestricted Fund Balance $14,778,209

Final Fiscal Year -18 Adopted September 14, Page 14 of 87 Multi Year Forecast Unrestricted General Fund Resource Allocation Model (RAM) 2020-21 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 10,989.00 4,726.00 15,715.00 4 District Funded Rate Credit FTES per State Allocation $5,307.33 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 $5,307.33 8 Total Enhanced Funding $ - $ - $0 10 Total College Noncredit FTES 0.00 0.00 11 State Funded Rate Noncredit FTES $3,097.58 12 Noncredit Funding (multiply line 10 x 11) $0 $0 $0 13 Total College FTES 10,989.00 4,726.00 15,715.00 14 Total State Base Revenue (add lines 1,5,8,& 12) $62,709,437 $28,842,887 $0 $91,552,325 15 Revenue Shortfall Percent 0.71% 16 Revenue Shortfall Amount (line 14 x 15) -$443,967 -$204,200 $0 -$648,167 17 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 $2,482,133 24 Total State Revenue (add lines 17-23) $64,001,147 $29,385,143 $0 $93,386,291 25 Change From Prev. Year State Base Revenue $2,110,520 Section C - Other Revenue 26 College Part-time Faculty $221,454 $95,240 $0 $316,694 27 College Full-time Faculty $0 $0 $0 $0 28 College Lottery Funds $1,549,936 $668,826 $0 $2,218,762 29 College Interest Income $115,451 $48,692 $0 $164,143 30 Other Campus Revenue per Campus Projections $1,162,237 $341,925 $0 $1,504,162 33 Other Revenue $767,304 $603,321 $0 $1,370,625 34 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 10,989.00 4,726.00 15,715.00 36 Percent for Assessments 69.93% 30.07% 100.00% 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, 37-38 $55,374,729 $25,792,725 $17,793,224 $98,960,677 46 1000 - Academic Salaries $26,945,573 $12,501,095 $551,806 $39,998,474 47 2000 - Classified Salaries $9,145,637 $5,372,776 $7,550,143 $22,068,556 48 3000 - Benefits $13,173,927 $6,814,028 $4,326,919 $24,314,874 49 4000 - Supplies $708,794 $243,671 $296,704 $1,249,169 50 5000 - Other Expenses and Services $5,624,105 $1,863,140 $4,377,119 $11,864,364 51 6000 - Capital Outlay $426,177 $56,667 $140,533 $623,376 52 7000 - Other Outgo $0 $0 $550,000 $550,000 53 Prior Year Expenditures $0 $0 $0 $0 54 Site ed / Projected Expenditures $56,024,213 $26,851,377 $17,793,224 $100,668,813 55 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 $1,000,000 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 -$410,000 64 Annual Increase/(Decrease) to Fund Balance $49,816 -$757,952 -$410,000 -$1,118,135 65 Site Fund Balance July 1, Year Beginning (Includes RDA) $5,299,098 -$3,478,259 $12,957,370 $14,778,209 66 Site Fund Balance June 30, Year Ending (line 64 + 65) $5,348,914 -$4,236,210 $12,547,370 $13,660,074 13.51% 67 Unrestricted Fund Balance $13,660,074

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 14 15 2.00% 10,117 10,117 0.17% 2.17% 10,117 15 16 3.79% 10,500 10,500 0.00% 3.79% 10,500 16 17 2.00% 10,500 10,500 0.00% 0.00% 10,500 17 18 2.20% 10,658 10,658 0.00% 1.50% 10,658 State system funded growth is 1.00% ; based on need estimated at 1.75% for SBCCD. 18 19 2.00% 10,818 10,818 0.00% 1.50% 10,818 19 20 2.00% 10,980 10,980 0.00% 1.50% 10,980 20 21 2.00% 11,145 11,145 0.00% 1.50% 11,145 14 15 2.00% 4,350 3,728 0.00% 3.31% 343 4,071 279 15 16 11.33% 4,843 4,843 0.00% 11.33% 4,843 16 17 2.00% 4,843 4,843 0.00% 0.00% 4,843 17 18 2.20% 4,916 4,916 0.00% 1.50% 4,916 State system funded growth is 1.00% ; based on need estimated at 1.75% for SBCCD. 18 19 2.00% 4,990 4,990 0.00% 1.50% 4,990 19 20 2.00% 5,065 5,065 0.00% 1.50% 5,065 20 21 2.00% 5,141 5,141 0.00% 1.50% 5,141 14 15 2.00% 14,467 13,845 2.53% 0.46% 343 14,188 279 15 16 8.20% 15,343 15,343 0.00% 6.06% 15,343 16 17 2.00% 15,343 15,343 2.40% 0.00% 15,343 17 18 2.20% 15,574 15,574 0.00% 1.50% 15,574 State system funded growth is 1.00% ; based on need estimated at 1.75% for SBCCD. 18 19 2.00% 15,808 15,808 0.00% 1.50% 15,808 19 20 2.00% 16,045 16,045 0.00% 1.50% 16,045 20 21 2.00% 16,286 16,286 0.00% 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.

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.

Final Fiscal Year -18 Adopted September 14, Page 17 of 87-18 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 1,500 979,275 - - - - - - - - - 654,229 - - - - - - - - - 822,241-167,710 - - - - - - 1,500 2,455,745-167,710 - - - - - - 46,549,542 426,674 - - - - - - - - 38,279,147-2,439,563 - - - - - - - 4,498,261-9,827 - - - - - - 14,580,117 861,759 215,000 - - 1,258,092 - - - - 61,129,659 44,065,841 215,000 2,449,390-1,258,092 - - - - LOCAL REVENUES TOTAL REVENUES Property Taxes 24,575,652-21,350,000 - - - - - - Contributions, Grants, etc. 4,000 1,765 - - - - - - - Enrollment 5,090,516 - - Other Student Fees & Charges Other Local Revenues TOTAL LOCAL REVENUES 404,992 1,682,565-210,000-15,000 - - - - 2,179,987 1,551,501 100,000-1,633,049 1,344,413-850,000 285,525-32,255,147 3,235,831 21,450,000 210,000 1,633,049 1,359,413-850,000 285,525-93,386,306 49,757,417 21,665,000 2,827,100 1,633,049 2,617,505-850,000 285,525 - EXPENDITURES TOTAL EXPENDITURES Academic Salaries Classified Salaries Employee Benefits Supplies & Materials Other Expenses & Services Capital Outlay 38,385,588 4,478,182 - - - - - - - 21,365,751 8,206,035-1,623,464 1,401,524 200,722-604,958 190,715-20,546,474 3,704,892-789,681 606,697 79,289-315,012-1,212,431 1,818,528-220,723 15,200-21,691-11,515,435 28,260,818-188,145 1,400,945 2,039,236 314,563 250,600 6,542 960,000 605,043 3,885,975-5,000 208,500 5,818,358 7,803,941-200 1,100,000 93,630,722 50,354,430-2,827,013 3,632,866 8,137,605 8,118,504 1,170,570 219,148 2,060,000 REVENUES OVER/(UNDER) EXPENDITURES (244,416) (597,013) 21,665,000 87 (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 - - - - - - - - 157,113,171 - - - - - - - - 210,000 - - 2,000,405 - - - - (993,376) (1,041,820) (21,665,000) - - - - - - (340,000) (993,376) (831,820) (21,665,000) - 2,000,405 - - - - 156,773,171 NET INCREASE/(DECREASE) IN FUND BALANCE FUND BALANCE, JULY 1 FUND BALANCE, JUNE 30 (1,237,792) (1,428,833) - 87 588 (5,520,100) (8,118,504) (320,570) 66,377 154,713,171 17,667,358 10,799,761 33,504,963 113,005 348,797 9,934,170 41,219,675 175,397 202,334-16,429,566 9,370,928 33,504,963 113,092 349,385 4,414,070 33,101,171 (145,173) 268,711 154,713,171

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 - - - - - - - - - - - 980,775 - - - - - - - - - - - 654,229 - - - - - 18,310,342 - - - - - 19,300,293 - - - - - 18,310,342 - - - - - 20,935,297 - - - - - - - - - - - 46,976,216 - - - - - - - - - - - 40,718,710 - - - - - - - - - - - 4,508,088 - - - - - 1,882,971 - - - - - 18,797,939 - - - - - 1,882,971 - - - - - 111,000,953 All Funds LOCAL REVENUES TOTAL REVENUES Property Taxes - - - - - - - - - - - 45,925,652 C ontributions, Grants, etc. - - - - - - - - 1,998,290 2,270,028-4,274,083 Enrollment - - 5,090,516 Other Student Fees & Charges - - - - 285,750 - - - - - - 2,598,307 Other Local Revenues 1,325,000 261,000 143,500 43,500-1,260 146,348 243,945 35,000 539,241 78,996 10,762,265 TOTAL LOCAL REVENUES 1,325,000 261,000 143,500 43,500 285,750 1,260 146,348 243,945 2,033,290 2,809,269 78,996 68,650,823 1,325,000 261,000 143,500 43,500 285,750 20,194,573 146,348 243,945 2,033,290 2,809,269 78,996 200,587,073 EXPENDITURES TOTAL EXPENDITURES Academic Salaries Classified Salaries Employee Benefits Supplies & Materials Other Expenses & Services Capital Outlay - - - - - - - - - - - 42,863,770 - - - - 160,980 - - - 701,437 356,151 135,619 34,947,356-371,234 - - 60,047 - - - 230,989 113,697 44,145 26,862,157 - - 14,600 500 16,200 - - 44,017 26,300 29,250 11,850 3,431,290 1,875,000-67,500 43,000 24,023 50,781 258 124,587 894,943 739,186 104,882 48,860,444 - - - - 24,500 - - - 74,200 16,000 2,500 19,544,217 1,875,000 371,234 82,100 43,500 285,750 50,781 258 168,604 1,927,869 1,254,284 298,996 176,509,234 REVENUES OVER/(UNDER) EXPENDITURES (550,000) (110,234) 61,400 - - 20,143,792 146,090 75,341 105,421 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 - - - - - - - - - - - 157,113,171 - - - - - - - - - - - - 550,000 - - - - 636,237 - - - 200,000 3,596,642 - - (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) 200,000 114,052,594 NET INCREASE/(DECREASE) IN FUND BALANCE FUND BALANCE, JULY 1 FUND BALANCE, JUNE 30 - (110,234) 40,400 - - 894 (300) 65,248 1 - (20,000) 138,130,433 4,720,703 8,927,316 273,425 100,957 998,386 181,521 129,900 248,627-673,155 49,519 130,268,969 4,720,703 8,817,082 313,825 100,957 998,386 182,415 129,600 313,875 1 673,155 29,519 268,399,402

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 1,265,699 980,775 490,836 510,721 411,914 654,229 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 92,772,388 116,525,388 111,000,953 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 68,650,823 159,938,751 189,320,756 199,379,774 200,587,073 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 19,544,217 185,328,517 179,255,221 179,186,986 176,509,234 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 12,556 157,113,171-42,032,024 - - 3,300,733 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) 138,130,433 237,200,690 161,081,223 162,413,196 130,268,969 161,081,223 162,413,196 130,268,969 268,399,402

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 2016-17 Estimated s FY -18 Final $179,186,986 $176,509,234 Total Expenses

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 1,500 - - - - - - - - 88,298 74,945 31,526 1,500 38,086,409 46,541,719 46,523,243 46,549,542 - - - - - - - - 14,559,872 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 1,163,439 686,368 404,992 1,641,124 222,751 598,441 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 20,546,474 788,266 742,353 983,452 1,212,431 10,164,704 9,025,377 11,356,985 11,515,435 621,850 1,481,594 1,149,118 605,043 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 12,556 - - - - 1,000,000 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

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 1,234,173 979,275 490,836 510,721 411,914 654,229 1,059,016 814,139 700,513 822,241 4,807,280 4,522,734 2,346,600 2,455,745 188,617 174,256 433,496 426,674 9,297,221 14,178,853 36,829,294 38,279,147 1,624,128 1,530,375 2,634,554 4,498,261 563,283 782,268 519,495 861,759 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 1,682,565 877,570 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 3,704,892 854,438 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 - - - - - - - - - - 180,000 210,000 (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

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 - - 100,534 - - - - - 228,647 232,514 180,335 215,000 228,647 232,514 9,395,176 215,000 88,154 86,623 160,273 100,000 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 - 4,612,742 - - - - (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 227,209 227,594 230,947 167,710 227,209 227,594 230,947 167,710 2,185,234 2,214,104 2,452,239 2,439,563 12,872 13,764 12,616 9,827 - - - - 2,198,106 2,227,868 2,464,855 2,449,390 194,869 202,604 214,767 210,000 1,163 2,240 6,266-196,032 204,844 221,033 210,000 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 1,623,464 707,730 693,385 735,165 789,681 188,096 228,910 288,276 220,723 180,008 168,749 186,954 188,145 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) 110,723 87 OTHER FINANCING SOURCES NET OTHER FINANCING SOURCES Incoming Transfers Other Outgo 162,318 130,000 - - - - - 162,318 130,000 - - NET INCREASE/(DECREASE) IN FUND BALANCE FUND BALANCE, JULY 1 FUND BALANCE, JUNE 30 133,599 2,281 110,723 87 (133,598) 1 2,282 113,005 1 2,282 113,005 113,092

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 2,226,956 - - - - 1,712,942 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 - - - 1,770,923 1,677,980 1,837,595 1,401,524 620,661 563,963 616,760 606,697 22,436 17,860 21,286 15,200 1,915,512 1,886,211 1,981,495 1,400,945 71,412 25,877 527,737 208,500 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) 83 348,713 588 907,428 276,016 84 348,797 276,016 84 348,797 349,385 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 35,020-377,495 247,574 504,152 1,258,092 403,706 282,594 504,152 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 27,633 104,560 138,606 200,722 9,883 32,879 50,112 79,289 5,647-728 385,435 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) 5,891,425 - - 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

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 58,413 126,866 193,052-58,413 126,866 193,052-58,413 126,866 193,052 - EXPENDITURES TOTAL EXPENDITURES Classified Salaries Employee Benefits Supplies & Materials Other Expenses & Services Capital Outlay 1,309 2,250 712-6 - - - - 1,229-958,934 599,308 999,848 314,563 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 - 37,419,282 - - - - - 37,419,282 - - 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 826,742 879,010 854,078 850,000 826,742 879,010 854,078 850,000 826,742 879,010 854,078 850,000 EXPENDITURES TOTAL EXPENDITURES Classified Salaries Employee Benefits Supplies & Materials Other Expenses & Services Capital Outlay 807,098 742,592 669,195 604,958-179,550 281,149 315,012 - - - 167,824 192,888 216,035 250,600 - - - - 974,922 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 1,034,054 487,698 175,397 1,034,054 487,698 175,397 (145,173)

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 342,571 342,785 326,496 285,525 342,571 342,785 326,496 285,525 342,571 342,785 326,496 285,525 EXPENDITURES TOTAL EXPENDITURES Classified Salaries Supplies & Materials Other Expenses & Services Capital Outlay 305,134 247,539 239,897 190,715 19,617 13,617 18,151 21,691 34,340 30,027 14,462 6,542-166 322 200 359,091 291,349 272,832 219,148 REVENUES OVER/(UNDER) EXPENDITURES (16,520) 51,436 53,664 66,377 OTHER FINANCING SOURCES NET OTHER FINANCING SOURCES Incoming Transfers Other Outgo - 310,336 - - - - - - 310,336 - - 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) 148,670 202,334 (213,102) 148,670 202,334 268,711 FCC Auction Proceeds FY 2015 FY 2016 Estimated FY FY TOTAL REVENUES - - - - EXPENDITURES TOTAL EXPENDITURES Other Expenses & Services Capital Outlay - - - 960,000 - - - 1,100,000 - - - 2,060,000 REVENUES OVER/(UNDER) EXPENDITURES - - - (2,060,000) OTHER FINANCING SOURCES NET OTHER FINANCING SOURCES Sale of Fix ed Assets Other Outgo - - - 157,113,171 - - - (340,000) - - - 156,773,171 NET INCREASE/(DECREASE) IN FUND BALANCE FUND BALANCE, JULY 1 FUND BALANCE, JUNE 30 - - - 154,713,171 - - - - - - - 154,713,171

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 1,875,000 - - - - 1,716,826 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 550,000 572,000 550,000 550,000 - - - - 550,000 572,000 550,000 550,000 NET INCREASE/(DECREASE) IN FUND BALANCE FUND BALANCE, JULY 1 FUND BALANCE, JUNE 30 101,179 (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 26,212 147,283 261,000 16,705 26,212 147,283 261,000 16,705 26,212 147,283 261,000 EXPENDITURES TOTAL EXPENDITURES Academic Salaries Classified Salaries Employee Benefits Capital Outlay 76,840 - - - - - 375,340 303,037 386,897 371,234 - - - - 452,180 303,037 386,897 371,234 REVENUES OVER/(UNDER) EXPENDITURES (435,475) (276,825) (239,614) (110,234) OTHER FINANCING SOURCES NET OTHER FINANCING SOURCES Incoming Transfers Other Outgo 5,500,000 - - - - - - 5,500,000 - - 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

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 155,780 151,154 151,154 143,500 155,780 151,154 151,154 143,500 155,780 151,154 151,154 143,500 EXPENDITURES TOTAL EXPENDITURES Supplies & Materials Other Expenses & Services Capital Outlay 33,207 15,364 12,566 14,600 123,356 58,281 48,429 67,500 - - - - 156,563 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 40,400 144,639 140,856 191,765 273,425 140,856 191,765 273,425 313,825 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 - - - - - - - - - 359 218 500 29,282 51,140 51,180 43,000 - - - - 29,282 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) - 90,124 107,617 103,149 100,957 107,617 103,149 100,957 100,957

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 218,132 229,401 235,514 285,750 4,451 - - - 222,583 229,401 235,514 285,750 222,583 229,401 235,514 285,750 EXPENDITURES TOTAL EXPENDITURES Classified Salaries Employee Benefits Supplies & Materials Other Expenses & Services Capital Outlay 152,368 175,486 166,237 160,980 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 24,500 241,169 237,853 262,281 285,750 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 1,025,153 998,386 1,033,605 1,025,153 998,386 998,386 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 50,781 - - - - 53,590 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 491,615 476,214 329,051 636,237 (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) 1,388 894 182,621 181,907 180,133 181,521 181,907 180,133 181,521 182,415

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 164,908 142,855 152,445 146,348 164,908 142,855 152,445 146,348 164,908 142,855 152,445 146,348 EXPENDITURES TOTAL EXPENDITURES Other Expenses & Services Capital Outlay 86 171 258 - - - - 86 171-258 REVENUES OVER/(UNDER) EXPENDITURES 164,822 142,684 152,445 146,090 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) 140,277 137,813 135,503 129,900 137,813 135,503 129,900 129,600 Other Trusts REVENUES LOCAL REVENUES TOTAL REVENUES Other Local Revenues TOTAL LOCAL REVENUES FY 2015 FY 2016 Estimated FY FY 214,263 125,419 139,573 243,945 214,263 125,419 139,573 243,945 214,263 125,419 139,573 243,945 EXPENDITURES TOTAL EXPENDITURES Supplies & Materials Other Expenses & Services Capital Outlay 77,054 75,186 129,870 44,017 84,485 73,190 124,587 - - - - 161,539 148,376 129,870 168,604 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 65,248 205,780 266,491 241,229 248,627 266,491 241,229 248,627 313,875

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 - - - 1,998,290 - - - 35,000 - - - 2,033,290 - - - 2,033,290 EXPENDITURES TOTAL EXPENDITURES Classified Salaries Employee Benefits Supplies & Materials Other Expenses & Services Capital Outlay - - - 701,437 - - - 230,989 - - - 26,300 - - - 894,943 - - - 74,200 - - - 1,927,869 REVENUES OVER/(UNDER) EXPENDITURES - - - 105,421 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 30 - - - 1 - - - - - - - 1 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 2,270,028 504,006 527,381 180,980 539,241 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 317,659 272,264 319,333 356,151 81,326 64,757 100,645 113,697 4,147 2,671 9,837 29,250 1,221,347 834,220 538,705 739,186 2,760-8,437 16,000 1,627,239 1,173,912 976,956 1,254,284 REVENUES OVER/(UNDER) EXPENDITURES 450,080 986,720 900,063 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 30 450,080 (88,295) 18,293 - - 450,080 654,862 673,155 450,080 654,862 673,155 673,155

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 - 1,500-59 5,653 55,003 78,996 59 7,153 55,003 78,996 59 7,153 55,003 78,996 EXPENDITURES TOTAL EXPENDITURES Classified Salaries Employee Benefits Supplies & Materials Other Expenses & Services Capital Outlay 3,870 105,959 129,588 135,619 754 35,532 53,001 44,145 2,260 (426) 9,197 11,850 11,290 27,959 54,911 104,882-2,193 32,409 2,500 18,173 171,218 279,105 298,996 REVENUES OVER/(UNDER) EXPENDITURES (18,114) (164,065) (224,102) (220,000) OTHER FINANCING SOURCES NET OTHER FINANCING SOURCES Incoming Transfers Other Outgo 60,800 200,000 195,000 200,000 - - - - 60,800 200,000 195,000 200,000 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