2013-14 Board of Trustees Budget Workshop

1. 2013-14 Board of Trustees Budget Workshop June 19, 2013

2. Mission, Vision and ValuesAdopted by Board of Trustees, October 2012 Mission Mission Hillsborough Community College will excel in proactively responding to the evolving educational needs of our students, staff, workforce, and community through assessment and continuous improvement.

3. Mission, Vision and ValuesAdopted by Board of Trustees, October 2012 Values

4. Funding Trends, Florida College System

7. The Florida College System Program Fund Appropriations by Source Lower and Upper Levels Combined

8. The Florida College System Program Fund Appropriations per FTE Lower and Upper Levels Combined

9. The Florida College System Comparison of FTE to State Funding per FTE, Lower and Upper Level Combined

11. Florida College System, State & Student Share of Operating Budgets

12. Hillsborough Community College2013-14 Budget Parameters

13. ASSUMPTIONS FOR HCC’S 2013-14 BUDGET PLANNING • No Increases in Tuition & Across-the-Board* Fees • Assume 3% Enrollment Decline • Consider 3% salary adjustments • Inflationary adjustments to current expenses *Two User Fees Recommended, Pay-for-Print and Textbook Rental, non-return of Book

14. HCC State Appropriations • State Appropriated Funds of $52,640,686, a $4,380,941 increase • Community college Program Funds $42,836,763 • Lottery Funds $9,803,923 • Funds for Construction & Renovation Needs $2,049,692

16. Funding Inequities • 17 colleges below 70.35% system average • Amount to bring all colleges up to a minimum of 70.35% of model funded, $47.4 million • Amount to bring HCC up to 70.35% of model funded $9.3 million

18. HCC Tuition and Fee Considerations

19. Tuition & Fees, No Changes Proposed for FY 2013-14

20. Proposed Tuition & Fees Compared to Authorized Maximum *Access Fee Amount can be established by Board of Trustees.

21. User Fees, Recommendation #1Pay for Print

22. User Fees, Recommendation #2Textbook Rentals, Non-return of Book

23. Legislative Hot Topics • Dual Enrollment • Incentive Funding for Certain Industry Certifications • Future Performance Funding • Developmental Education • Fund Balances: New Data Request

24. Dual Enrollment

25. Change to Dual Enrollment • Senate Bill 1514 requires school districts to pay the standard tuition per credit hour (now $71.98) for courses taken by dual enrollment students on a college campus. • Requires school districts to reimburse colleges for instructional costs when sections are taught at the high school.

26. HCC Dual Enrollment

27. Potential Revenue Return • The standard tuition rate is currently $71.98 per credit hour. • Cannot bill for Summer semester credits. • Assuming 2012-13 Fall & Spring Enrollments, Potential Additional Revenue to HCC = $451,530.

28. Potential Cost Reimbursement • HCC offered 141 sections taught at high schools. • Approximate reimbursement for instructional costs = $248,000.

29. Performance Funding for Industry Certifications

30. Industry Certifications • SB 1076 appropriated $5,000,000 for Performance Based Incentives for industry certifications in 2013-14 • Colleges may earn bonus funding ($1,000 per certification) when students obtain certain industry certifications.

31. Industry Certifications Identified for FY 2013-14 • Automotive service technology • Cyber security • Cloud virtualization technology • Advanced manufacturing • Welding • Federal Aviation Administration airframe mechanics • Pharmacy technician • Heating, ventilation and air-conditioning techs

32. Performance Funding for Florida College System

33. Performance Funding • Requires that by October 31, 2013, State Board of Education recommends methodology to distribute performance funding based upon percentage of graduates employed or enrolled in further education, average wages of employed graduates, and average cost of graduate. • No Funding provided for FY 2013-14

34. Developmental EducationSB 1720

35. Developmental Education • SB 1720 includes Developmental Education Reforms to affect Advising, Testing & Placement, Curriculum & Instruction, Implementation and Reporting • No Funding Reductions in FY 2013-14 due to Developmental Education Changes.

36. Developmental Education • Each Florida College System institution board of trustees shall develop a plan to implement the developmental education strategies defined in s. 1008.02 and rules established by the State Board of Education. The plan must be submitted to the Chancellor of the Florida College System for approval no later than March 1, 2014, for implementation no later than the fall semester 2014.

37. HCC Enrollment & Budget Trend Data

38. Review of HCC 2012-13 Enrollment Planned for 5% enrollment decline: • Fall 2012              -1.9% • Spring 2013         -4.4% • Summer 2013     -6.3% Projected FTE Enrollment (UNOFFICIAL) -5.7%

39. HCC Full-time Equivalent (FTE) Enrollment History & Projection

43. Renovation and Maintenance Needs

45. General Renovation Needs • FY 2012-13 Sum-of-the-Digit Appropriation (for minor maintenance) = $264,542, or ≈$0.16 per square foot. • Proposed for FY 2013-14 Sum-of-the-Digit Appropriation = $2,049,692, or ≈ $1.24 per square foot.

47. Revenue Projection, 2013-14

48. Cost of Business Increases

49. Cost of Business Increases (Cont’d)

50. Cost of Business Increases (Cont’d)