1.6E – Include a Five-Year Support Budget Including Administration, Academic, Academic Support, Student Services & Other Site-Related Costs The Five-year projected revenue and expenditures for the Tehama Campus is funded through Shasta College’s operational budget as shown in Exhibit 6.04. The Student Funding Formula for apportionment of $4,089 per FTES was used for revenue modeling. A 2% annual increase was used to forecast both revenue and budget expenses. The FTES projections, as outlined in section 1.4, are a conservative estimate of growth. The Tehama
Campus’ focus on providing services to students, as outlined in section 1.5, is shown in the non-instructional salaries expense projections. Shasta College has funded the Tehama Campus for 12 years and plans to continue with no reduction in operations. There are no additional expenses planned or anticipated that will require an increase in funding in the next five years.
Exhibit 6.04 Tehama Campus Five-Year Budget Projections (2019–2025) Budget Metric
2019–2020 (Actual)
2020–2021 (Projected)
2021–2022 (Projected)
2022–2023 (Projected)
2023–2024 (Projected)
2024–2025 (Projected)
FTES Projections from Exhibit 2.7
637.05
652.20
661.02
657.62
664.60
668.61
Total Revenue
$ 2,605,012
$ 2,720,302
$ 2,812,232
$ 2,853,723
$ 2,941,692
$ 3,018,630
Budget Metric
2019–2020 (Actual)
2020–2021 (Projected)
2021–2022 (Projected)
2022–2023 (Projected)
2023–2024 (Projected)
2024–2025 (Projected)
Faculty (Instructional) Salaries
$ 790,085
$ 805,886
$ 822,004
$ 838,444
$ 855,213
$872,317
Staff (Non— Instructional) Salaries
$ 1,036,000
$1,056,720
$ 1,077,854
$ 1,099,411
$ 1,121,399
$ 1,143,827
Employee Benefits
$ 609,220
$ 621,405
$ 633,833
$ 646,509
$659,440
$ 672,628
Materials/ Supplies
$ 22,465
$ 22,915
$ 23,373
$ 23,841
$ 24,317
$ 24,804
Travel/ Services/ Other
$ 181,547
$ 185,178
$ 188,881
$ 192,659
$ 196,512
$ 200,442
Furniture/ Fixtures/ Equipment
$ 16,234
$ 16,559
$ 16,890
$ 17,228
$ 17,572
$ 17,924
Total Expenditures
$ 2,655,551
$ 2,708,662
$ 2,762,835
$ 2,818,092
$ 2,874,454
$ 2,931,943
Excess or Deficit of Revenues over Expenses
$ (50,539)
$ 11,641
$ 49,397
$ 35,631
$ 67,239
$ 86,688
Source: Shasta College Business Office, Comptroller
74
Needs Assessment for the transition of Shasta College Tehama Campus to Tehama Educational Center | 2021
