STRATEGIC PLAN 2023-26 I COLLEGE OF THE CANYONS RESERVES Funds set aside in a college district budget to provide for future expenditures or to offset future losses, for working capital, or for other purposes. RESTRICTED FUNDS Money that must be spent for a specific purpose either by law or by local board action. REVENUE Income from all sources. REVENUE LIMIT The specific amount of student enrollment fees, state and local taxes a college district may receive per pupil for its general education budget. Annual increases are determined by proposition 98 formula or the Legislature. 3SP Student Success and Support Program, now folded into the Student Equity & Achievement Plan SCHEDULED MAINTENANCE Major repairs of buildings and equipment which have been postponed by college districts. Some matching state funds are available to districts, which establish a deferred maintenance program. SCR Selection Committee Representative. SEA Student Equity and Achievement Plan, a statewide categorical plan and funding source combining the prior Student Success and Support Program (3SP), Basic Skills Initiative (BSI), and Student Equity plan. SHORTFALL An insufficient allocation of money, requiring an additional appropriation or resulting in deficits. 34 PAGE I STRATEGIC PLAN 2023-26
SOUTHERN 30 Human Resources Information Exchange Consortium. SPLIT ROLL An allocation of state money to a district, determined by multiplying the district’s total ADA (FTES) times its base revenue per ADA (FTES). STATE APPORTIONMENT A fixed sum of money, not linked to enrollment/ ADA (now FTES) measures. STRS State Teachers Retirement System, the state retirement system for faculty employees and educational administrators. The employee contributes 8.25% of their salary and the District contributes 8%. SUBVENTIONS Provision of assistance or financial support, usually from higher governmental units to local governments or college districts, for example, to compensate for loss of funds due to tax exemptions. SUNSET The termination of the regulations for a categorical program or regulation. SWAG Strong Workforce Apprenticeship Program. Provides apprenticeship programs in Advanced Manufacturing, Allied Health, Information Technology and Logistics. SWP Strong Workforce Program. A funding initiative that seeks to increase the number and quality of CTE programs in community colleges.
TD Temporary Disability. TIDELANDS OIL REVENUES Money from oil on state-owned lands. When available, some of the revenues are appropriated for community college capital outlay needs. TITLE V Title 5 is the Education Title of the California Code of Regulations. A regulation is a rule adopted by a state regulatory agency to implement, interpret, or make specific the law enforced or administered by it or to govern its procedures. Title 5 regulations have the force of law. Regulations for community colleges are found in Division 6 beginning with #50001. It is available on-line at http://www.cde.ca.gov/ls/fa/sf/ TOP CODE Taxonomy of Programs code number used in budget. All instruction programs are categorized into a TOP code: vocational or transfer. Vocational programs are eligible for funds that transfer programs are not. UNEMCUMBERED BALANCE That portion of an appropriation or allotment not yet expended or obligated. UNFUNDED FTES FTES generated in excess of the enrollment/FTES cap. UI Unemployment Insurance VSP Vision Service Plan WSCH Weekly Student Contact Hours (WSCH) is the number of class hours each course is regularly scheduled to meet time the enrollment in the class.
