FRC 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 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 and Committee Goals and Accomplishments
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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) |
Susana Cardenas
| Veronica Munoz
| Noemi Guzman
|
Jorge E. Lopez
| Craig Rutan
| Iris Ingram - Chair
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Jim Isbell - Co-Chair
| Arleen Satele
| Adam O'Connor
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Karley Dinh
| Ethan Harlan
|
Enrique Perez |
Vaniethia Hubbard (alternate)
| Jose Vargas (alternate)
| Thao Nguyen (alternate)
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FRC Agendas & Minutes:
July 6, 2022
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2022-23 Adopted Budget Assumptions, 07-05-22
CCC Joint Analysis - Enacted 2022-23 Budget, 07-01-22
SSC Update: Governor Newsom Signs 2022-23 State Budget Package,
07-01-22
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July 6, 2022
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August 17, 2022
| FY2021-22 Close-out Balance as
of 08-16-2022
50% Law History, 08-17-22
| August 17, 2022
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September 21, 2022
|
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September 21, 2022
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October 19, 2022
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October 19, 2022
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November 16, 2022
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November 16, 2022
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January 25, 2023
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January 25, 2023
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February 15, 2023 - CANCELLED
Email Update
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March 15, 2023
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| March 15, 2023
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April 19, 2023
| 2022-23 FTES (P2) Estimated Actuals Comparison to 2021-22 (RECALC) Actuals
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April 19, 2023
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May 18, 2023 (Thursday)
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2023-24 Budget: Initial Comments on the Governor's May Revision,
May 2023
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