ADVISORY COMMITTEE ON FINANCE AND BUDGET

Created by the Austin Community College Board of Trustees to review the college’s financial systems and policies, to assess the quality of budget-related information, and to produce recommendations for Board consideration. Committee renewed 11/7/05 for the FY06 fiscal year.

Current ACFB membership: Kathy Schwerdtfeger* (chair), Hunter Ellinger* (vice-chair), Pete Palazzari*, Bob Rutishauser*, Kim Edwards*, Toni Hunter*, Dolores Gonzales, Gilbert Zamora, Richard Borchard (* denotes members active in 2006-07)

FY2006 TOPICS FOR ADVISORY COMMITTEE ON FINANCE AND BUDGET
(as specified 11/7/05 by the ACC Board)

· ACCESS TO COLLEGE:

o Financial Aid and Scholarships

o Provision of Textbooks

o ECS Course Fee/Enrollment Analysis

· ECONOMIC MODEL OF COLLEGE OPERATIONS, including:

o Class Size

o 65-or-Over/Disabled Tax Cap

· LEASE, BUY, BUILD, or SHARE model for facilities

· REVIEW OF POLICY COMPLIANCE OF BUDGETING PROCEDURES

ACFB FINAL REPORT ON THESE TOPICS

SPREADSHEETS WITH THE INITIAL ACFB ACC ECONOMIC MODEL

IN DIVISIONAL, DEPARTMENTAL, AND FULL FORMATS

Web pages for explaining and calculating senior/disabled property-tax deferrals

OLDER ACFB MATERIAL:

List of policy-compliance items

ACFB analysis on senior/disabled property-tax relief

Staff-prepared financial aid handout from December ACFB meeting

Preliminary summary of Early College Start data for Fall 2005

Annotated list of policy provisions potentially relevant to policy-compliance check

Tuition policy options, with analysis and updated supporting data

Draft analysis of the impact on ACC enrollment of out-of-district tuition surcharges

ACFB Early College Start Report to the Board of Trustees (1/30/2005)

Summary of ACFB ECS report: HTML PowerPoint

Comments by individual committee members

Data sources

ACFB work principles & planned work products (for 2003-2004)

Preliminary report to ACC Board on “set-aside” policy provisions

Final report on budgeting/reserve policies (January 2004)

Summary

Current situation

Economic considerations and institutional comparisons

Recommendations for change*

Suggested policy amendments

Mark-up form (old & new language, plus comments)

Integrated form (policy text after suggested amendments)

* on 5/3/04, the Board adopted these budget-policy recommendations

Preliminary report on Early College Start tuition (January 2004)

ACFB final report for the 2003-2004 academic year (April 2004)

Initial report on ACFB operation

Report on budget & reserve policy

Summary of ACFB ECS report: HTML PowerPoint

Report on Senior/Disabled tax freeze

ACFB BACKGROUND DOCUMENTS:

Orientation to Board policies related to budget and finance (Fall 2003)

section on motivations for policies

section on direct policy impact on budget

section on indirect policy impact on budget

section on related policy-mandated reports

Overview of ACC budget/finance issues (December 2004)

Explanation of the principles motivating ACC tuition policy

Initial working model for departmental overhead allocation

FY2006 subsidy allocations and revenue components

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