FRC Committee Responsibilities:
"The Fiscal Resources Committee provides district-level fiscal review including annual evaluation of the District's Budget Allocation Model, as well as develops and recommends tentative and adopted budget assumptions to District Council"
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Reviews and Evaluates Budget Allocation Model
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Monitors State Budget Development and Recommends Mid-Year Adjustments
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Develops Assumptions for Tentative & Adopted Budgets
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Develops District budget process calendar
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Assesses effective use of financial resources
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Reviews and Evaluates Financial Management Processes
FRC Committee Planning Calendar:
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January | Review Governor's Proposed Budget and Audit Reports |
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February | Review and Recommend Tentative Budget Assumptions |
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March | Review and Update
Budget Allocation Model (BAM) & Updated Allocation Simulation |
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April | Review and Update Budget Allocation Model (BAM) |
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May | Governor's May Revise and Review and Recommend Tentative Budget |
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June | |
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July | Governor Signs Budget and Update Budget Assumptions |
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August | Review and Recommend Proposed Adopted Budget |
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September | Review Multi-Year Projections (MYP) and Budget Calendar |
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October | Approve Budget Calendar |
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November | LAO Publishes Fiscal Outlook Report |
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December | |
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FRC Membership:
| Bart Hoffman | Steven Deeley | Morrie Barembaum (FARSCCD) |
| Vanessa Urbina | Cristina Morones | Noemi Guzman |
| William Nguyen | Michael Taylor | Peter Hardash - Chair |
| Roy Shahbazian - Co-Chair | Arleen Satele | Thao Nguyen |
| | Adam O'Connor |
| James Kennedy (alternate) | Jose Vargas (alternate) | Erika Almaraz (alternate) |
FRC Agendas & Minutes:
July 3, 2019 |
2019-2020 Budget Joint Analysis |
July 3, 2019 |
August 21, 2019 | |
August 21, 2019 |
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September 18, 2019 | |
September 18, 2019
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October 16, 2019
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October 16, 2019
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November 20, 2019
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Board of Governors Agenda 11-18-19
LAO 2020-21 Budget:
California Fiscal Outlook for Schools & Community Colleges
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November 20, 2019
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January 22, 2020
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Tentative Budget Assumptions, Costs, Actuarial Valuation, and Adjustment Plan
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January 22, 2020
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February 19, 2020
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BAM Language Change Proposal SCC
BAM Simulations |
February 19, 2020
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March 18, 2020 CANCELED |
Fiscal Perspectives: COVID-19 and California's Evolving Fiscal Outlook |
Meeting canceled
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April 15, 2020
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BAM Percentage Analysis (3-4-20)
Interim Fiscal Update JLBC (4-10-20)
SSC Article (4-13-20)
LAO: State Budget Effects of Recent Federal Actions to Address COVID-19 |
April 15, 2020 |
May 21, 2020 (Thursday)
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Joint Analysis: Governor's 2020-21 May Revision (05-15-2020)
SSC-Community College Financial Projection Dartboard, May 2020 Revision
SSC-LAO Offers Financial Reaction to May Revision (05-20-2020) | May 21, 2020
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