2nd qtr 15-16business.fhda.edu/_downloads/2nd quarter report 15-16.pdf · 2016-02-24 · 2015/16...

2015-2016

SECOND QUARTER REPORT

FOOTHILL-DE ANZA COMMUNITY COLLEGE DISTRICT

Board of Trustees

Joan Barram, President Laura Casas, Vice President

Betsy Bechtel Pearl Cheng

Bruce Swenson

Alexander Park, Foothill Student Trustee Arjun Gadkari, De Anza Student Trustee

Chancellor Judy C. Miner

Vice Chancellor, Business Services

Kevin McElroy

Executive Director, Fiscal Services Hector Quinonez

Director, Budget Operations

Joni Hayes

FOOTHILL-DE ANZA

COMMUNITY COLLEGE DISTRICT

2015-2016 SECOND QUARTER REPORT

Table of Contents ANALYSIS OF GENERAL FUND ................................................................................... 1 GENERAL PURPOSE FUND ............................................................................................ 7

BUDGET TABLES 2015-2016 Year-End Projections General Funds ................................................................................................ 8 All Funds ........................................................................................................ 9 Inter- and Intra-Fund Transfers ...................................................................... 11 2015-2016 Actuals-to-Date General Funds ................................................................................................ 12 All Funds ........................................................................................................ 13 Inter- and Intra-Fund Transfers ...................................................................... 14

ALL FUNDS CHART ......................................................................................................... 15

UNRESTRICTED GENERAL FUND Self-Sustaining ........................................................................................................ 16

RESTRICTED GENERAL FUND Restricted and Categorical .................................................................................... 19 Special Education ................................................................................................... 22 Federal Work Study ............................................................................................... 24 Parking .................................................................................................................... 26 Campus Center Use Fees ....................................................................................... 28

OTHER FUNDS Enterprise .............................................................................................................. 30 Child Development ................................................................................................. 36 Student Financial Aid ............................................................................................. 38 Internal Service ....................................................................................................... 41 Capital Projects ...................................................................................................... 45 Debt Service ........................................................................................................... 49

SUPPLEMENTAL INFORMATION

State Quarterly Financial Status Report (311Q) ................................................. 57 Resolution – Budget Revisions .............................................................................. 60 Resolution – Budget Transfers .............................................................................. 63 Self-Sustaining Fund Balance Report ................................................................... 65 Capital Projects ...................................................................................................... 68

2015/16 Second Quarter Report

SUMMARY OF MAJOR CHANGES

The district has completed its financial analysis for the second quarter of operation (July 1, 2015 through December 31, 2015). Enclosed in this document is reporting for all of the funds the district maintains as authorized by the California Education Code. The short description and analysis at the beginning of each fund report explains the purpose of the fund and recent financial trends that may have changed from the adopted budget. Also included in this report is a supplemental information section that contains the Quarterly Financial Status Report (CCFS-311Q). The analysis of the General Purpose Fund follows. GENERAL PURPOSE FUND REVENUE Revenue, Enrollment Assumptions, and Productivity Our overall funding includes both Redevelopment Agency (RDA) and Education Protection Account (EPA) revenue projections, in addition to the traditional state revenue funding sources generated from state apportionment, enrollment fees, and property taxes. Consequently, all revenue reports from the state are closely monitored throughout the year in anticipation of any shortfall in total state funding. Resident Enrollment Under the 2015/16 adopted budget assumptions, we anticipated serving 32,158 resident and non-resident FTES. This number reflected resident enrollment of 27,353 FTES and non-resident enrollment of 4,805 FTES. The P-1 320 attendance report filed in January estimates that we will report a decrease of approximately 247 FTES by the end of this fiscal year (see Table 2). Due to the stabilization component included in Senate Bill 361, we will still receive apportionment for 2015/16 based on the 27,353 resident FTES generated in 2014/15. However, our funding base will be lower for 2016/17 if the decline in FTES in the P-1 reporting calculations does not change at P-Annual. The colleges and the enrollment management team continue to carefully monitor student enrollment, analyze course offerings, and heighten marketing and recruitment efforts to maximize access for students and to restore the FTES decline from 2014/15. Non-Resident Enrollment It is currently estimated that we will exceed our budgeted revenue by approximately $300,000 for fiscal year 2015/16. This additional revenue is due to an increase in the non-resident tuition fee for 2015/16, even though the P-1 320 attendance report filed in January estimates that we would report a decrease of approximately 229 FTES by the end of this fiscal year (see Table 2). Because this revenue stream can be more volatile and is dependent on many external factors, such as access to visas and exchange rates, we closely monitor our non-resident revenue throughout the year. Productivity Productivity for fiscal year 2015/16 is budgeted at 530 (WSCH/FTEF). However, we anticipate a drop in the budgeted productivity calculation by year’s end due to declining enrollment and decisions to maintain lower-enrolled classes to capture all available FTES. This drop in productivity will be primarily reflected in the increased expense for part-time faculty salaries and benefits.

1

GENERAL PURPOSE FUND EXPENSE Certificated Salaries Due to a combination of increased costs in part-time faculty salaries and benefits, and savings from full-time faculty vacancies, we are projecting an approximate $1.1 million in net additional one-time expense in this category. This increased cost will be offset with enrollment stimulus funds or closed out to the district-wide at year-end. Classified Salaries We are currently projecting approximately $968,700 in one-time savings to this category due to the net of float from vacant classified positions. Traditionally, any float from vacant classified and management positions is transferred to the colleges as additional one-time ‘B’ budget. Benefits We are currently projecting approximately $34,500 in increased benefits costs Due to projected net increased expenses in the salaries categories, we are currently projecting a minor increase in benefits costs of $34,500. Supplies and Capital Outlay We are currently projecting a decrease of $100,000 to the Materials & Supplies category with a corresponding increase to the Capital Outlay category. Operating Expenses At this time, we are not estimating any changes to the Operating Expenses category. Transfers/Other At this time, we are not projecting any changes to the Transfers/Other category. Fund Balance The net change to fund balance is the result of the combination of increases and decreases to revenue and expenses as explained in each line item noted above. Based on all assumptions of revenue and expenses, the 2015/16 ongoing budget is forecast to have a structural surplus of approximately $3.3 million (see Table 1). At Adopted Budget, a one-time Stability Fund of $22.9 million was set aside, as designated by the Board of Trustees, in anticipation of out-year operating cost increases and potential reductions in state revenue in the coming years due to the “sun-setting” of Prop 30 and state economic corrections. This stability fund is projected to increase slightly to $23 million, the net result of revenue over expenses.

2

We are projecting to end the fiscal year with a $67.1 million fund balance, of which $25.3 million is designated as follows: $14.3 million for college, Central Services and district-wide carryover, $2 million for enrollment stimulus, and $8.95 million for the 5% mandatory reserve. The district’s share of the one-time mandated cost payment of $15.1 million has been partially allocated as a part of the cost to structurally renovate the Flint Garage on the De Anza College campus. The Board of Trustees approved the staff-recommended financing plan that includes spending approximately $8 million for the garage, at their regularly scheduled January 2016 meeting. The balance of approximately $7.1 million has yet to be allocated for other district expenses. The colleges, in cooperation with Central Services, are currently discussing priorities and potential spending strategies. Additionally, upon receipt in the third quarter of $350,000 in one-time SB 850 funds, expense budget will be transferred to Foothill College to cover start-up costs for the Dental Hygiene baccalaureate degree program. The economic outlook for the state remains stable for the third year in a row. Reports from Sacramento indicate that we will not see any new budget cuts in 2016/17 and the governor’s proposed budget includes a .47% cost of living adjustment for 2016/17. Although a structural surplus of $3.3 million is projected for 2015/16, bargaining unit negotiations for this fiscal year are ongoing and any impact on the current structural surplus will be reported as information becomes available. We will keep the Board informed of important developments impacting revenues and expenses as the year progresses.

3

Beginning Balance (Adjusted), July 1, 2015 48,551,766 $

198,479,799 $ (179,930,810)

18,548,990 $

67,100,755 $

Projected Ending Fund Balance as of June 30, 2016 67,100,755

Less: Designated "B" Budget Carryforwards Foothill 'B' Restricted (4,500,000) DeAnza 'B' Restricted (5,400,000) Central Services 'B' Restricted (2,238,961) 'B' Budget Carryforwards (12,138,961)

Less: District-Wide 'A' Restricted Carryforwards (2,167,068) 'A' Budget Restricted Carryforwards (2,167,068)

'A' & 'B' Carryforwards (14,306,030)

Less: Funds Designated for Enrollment Stimulus/Restoration (2,000,000) Adopted Budget Reserves @ 5% (Restricted) (8,950,000) Enrollment Stimulus & 5% Reserves (10,950,000)

Subtotal 41,844,726

Less: One-Time Mandated Cost Payment (Priorities to be (15,119,132) Determined) Baccalaureate Degree Start-Up Costs (350,000) One-Time Revenues (15,469,132)

Total 26,375,594

Less: Balance Available for 2015/16 Stability Fund (23,057,760)

2015/16 Structural Surplus 3,317,834

Fund Balance and Carryover

Projected Revenue vs. Projected Expenses

Table 1

Net Change in Fund Balance (Projected)

NET FUND BALANCE, June 30, 2016

Revenue Expenses and Transfers/Other

Summary of Net Change in

4

12/13 P-A ReCalc Resident

CreditNon-

CreditTotal

ApportionmentNon-

Resident Total De Anza 17,190 0 17,190 2,590 19,780Foothill 10,362 219 10,581 1,762 12,344Total 27,553 219 27,772 4,353 32,124

FTES Below Budget at P-A ReCalc (Funded FTES) -1,683% -5.7%

Funding Lost in 13/14 ($7,574,490)

13/14 P-A ReCalc Resident

CreditNon-

CreditTotal

ApportionmentNon-


FTES Below Budget at P-A ReCalc (Funded FTES) -330% -1.2%

Funding Lost in 14/15 ($1,486,845)

14/15 P-Annual Resident

CreditNon-

CreditTotal

ApportionmentNon-


FTES Below Budget at P-A (Funded FTES) -88% -0.32%

Funding Lost in 15/16 ($406,272)

15/16 Adopted Budget Resident

CreditNon-

CreditTotal

ApportionmentNon-


15/16 P-1 Resident

CreditNon-

CreditTotal

ApportionmentNon-


FTES Below 14/15 P-Annual at P-1 (Funded FTES) -247% -0.9%

Potential Loss of Funding in 16/17 ($1,133,946)

Analysis of FTESTable 2

5


2015-2016Second Quarter Report

Adopted Revised Actual Percent Estimated

REVENUE Budget Budget to Date to Date Total Variance Federal Revenue 0 $ 0 $ 0 $ 0 $ 0 $

State Revenue 64,697,631 64,697,631 31,364,761 48% 64,697,631 0

Local Revenue 133,184,521 133,482,168 76,342,698 57% 133,782,168 (300,000)

TOTAL REVENUE 197,882,152 $ 198,179,799 $ 107,707,459 $ 54% 198,479,799 $ (300,000) $ .

EXPENSESCertificated Salaries 82,751,271 $ 83,212,760 $ 37,037,705 $ 45% 84,348,600 $ (1,135,840) $

Classified Salaries 33,279,819 33,519,257 16,219,689 48% 32,550,542 968,715

Employee Benefits 35,605,583 35,732,126 16,776,381 47% 35,766,612 (34,486)

Materials and Supplies 3,137,392 3,312,346 1,105,183 33% 3,212,346 100,000

Operating Expenses 17,231,392 16,845,693 8,789,092 52% 16,845,693 0

Capital Outlay 68,963 92,348 106,747 116% 192,348 (100,000)

TOTAL EXPENSES 172,074,419 $ 172,714,530 $ 80,034,797 $ 46% 172,916,141 $ (201,611) $

TRANSFERS AND OTHERTransfers-in 0 $ 12,628 $ 12,628 $ 100% 12,628 $ 0 $ Other Sources 0 0 0 0% 0 0 Intrafund Transfers 0 0 0 0% 0 0 Transfers-out (7,020,767) (7,027,298) (1,998,225) 28% (7,027,298) 0 Contingency 0 0 0 0% 0 0 Other Outgo 0 0 0 0% 0 0 TOTAL TRFs/OTHER SOURCES (7,020,767) $ (7,014,669) $ (1,985,597) $ 28% (7,014,669) $ 0 $

FUND BALANCENet Change in Fund Balance 18,786,966 $ 18,450,600 $ 25,687,066 $ 18,548,989 $ 98,389Beginning Balance, July 1 48,551,766 48,551,766 48,551,766 48,551,766 0 Adjustments to Beginning Balance 0 0 0 0 0 NET FUND BALANCE, June 30 67,338,731 $ 67,002,365 $ 74,238,832 $ 67,100,755 $ 98,389 $

FUND 114 - GENERAL PURPOSE

7

FOO

THIL

L-D

E A

NZA

CO

MM

UN

ITY

CO

LLEG

E D

ISTR

ICT

2015

-201

6 G

ener

al F

unds

Sum

mar

yYe

ar-e

nd P

roje

ctio

ns

Tota

lR

estri

cted

&Fe

dera

lTo

tal

TOTA

LG

ener

alSe

lf-Su

stai

ning

Unr

estr

icte

dC

ateg

oric

alSp

ecia

l Edu

c.W

ork

Stud

yPa

rkin

gC

ampu

s C

ente

rR

estr

icte

dG

ENER

AL

REV

ENU

EFu

nd 1

14Fu

nd 1

15G

ener

al F

und

Fund

121

/131

Fund

122

Fund

123

Fund

125

Fund

128

Gen

eral

Fun

dFU

ND

Fede

ral R

even

ue0

$

0 $

0

$

1,67

2,24

4 $

0

$

462,

363

$

0

$

0 $

2,

134,

607

$

2,13

4,60

7 $

Stat

e R

even

ue64

,697

,631

2,

730,

000

67,4

27,6

31

26,3

84,8

13

2,72

9,68

4

0

0

0

29,1

14,4

98

96,5

42,1

29

Loca

l Rev

enue

133,

782,

168

11,1

25,6

46

144,

907,

814

2,36

3,59

0

0

0

2,

284,

000

2,30

5,00

0

6,

952,

590

151,

860,

404

TOTA

L R

EVEN

UE

198,

479,

799

$

13,8

55,6

46 $

212,

335,

445

$

30,4

20,6

47 $

2,72

9,68

4 $

46

2,36

3 $

2,28

4,00

0 $

2,

305,

000

$

38,2

01,6

95 $

250,

537,

140

$

EXPE

NSE

SC

ertif

icat

ed S

alar

ies

84,3

48,6

00 $

578,

485

$

84

,927

,085

$

3,

843,

279

$

2,86

0,23

8 $

0

$

0 $

53

,870

$

6,

757,

388

$

91,6

84,4

73 $

Cla

ssifi

ed S

alar

ies

32,5

50,5

42

2,12

4,54

2

34

,675

,084

7,

285,

010

1,95

2,64

6

61

3,07

1

1,06

2,80

8

62

3,89

7

11,5

37,4

32

46,2

12,5

16

Empl

oyee

Ben

efits

35,7

66,6

12

725,

051

36

,491

,663

2,

801,

010

1,29

2,63

0

0

340,

703

23

8,79

1

4,67

3,13

4

41

,164

,797

Mat

eria

ls a

nd S

uppl

ies

3,21

2,34

6

16

8,42

7

3,38

0,77

3

2,

967,

969

79,7

78

3,39

3

0

75,0

00

3,12

6,13

9

6,

506,

913

Ope

ratin

g Ex

pens

es16

,845

,693

7,

773,

876

24,6

19,5

69

12,0

25,2

64

883,

315

20

204,

622

22

8,00

0

13,3

41,2

21

37,9

60,7

90

Cap

ital O

utla

y19

2,34

8

20,5

00

212,

848

1,

107,

364

60,3

11

0

0

400,

000

1,

567,

675

1,78

0,52

3

TOTA

L EX

PEN

SES

172,

916,

141

$

11,3

90,8

82 $

184,

307,

023

$

30,0

29,8

97 $

7,12

8,91

8 $

61

6,48

4 $

1,60

8,13

3 $

1,

619,

558

$

41,0

02,9

89 $

225,

310,

012

$

TRA

NSF

ERS

AN

D O

THER

Tran

sfer

s-in

12

,628

$

0

$

12,6

28 $

41,5

52 $

3,60

7,40

1 $

15

4,12

1 $

320,

000

$

0

$

4,12

3,07

3 $

4,

135,

701

$

Oth

er S

ourc

es0

0

0

0

0

0

0

0

0

0

In

trafu

nd T

rans

fers

0

0

0

0

0

0

0

0

0

0

Tran

sfer

s-ou

t (7

,027

,298

)(1

44,9

95)

(7,1

72,2

93)

(12,

628)

0

0

(995

,867

)(1

,032

,344

)(2

,040

,840

)(9

,213

,133

)C

ontin

genc

y0

0

0

0

0

0

0

0

0

0

O

ther

Out

go0

0

0

(569

,245

)0

0

0

0

(5

69,2

45)

(569

,245

)TO

TAL

TRA

NSF

ERS/

OTH

ER S

OU

RC

ES(7

,014

,669

) $

(144

,995

) $

(7

,159

,664

) $

(540

,321

) $

3,

607,

401

$

154,

121

$

(6

75,8

67)

$

(1,0

32,3

44)

$

1,

512,

989

$

(5,6

46,6

76)

$

FUN

D B

ALA

NC

EN

et C

hang

e in

Fun

d Ba

lanc

e18

,548

,989

$

2,

319,

769

$

20,8

68,7

58 $

(149

,571

) $

(7

91,8

33)

$

0 $

0

$

(346

,903

) $

(1

,288

,306

) $

19,5

80,4

52 $

Begi

nnin

g Ba

lanc

e, J

uly

148

,551

,766

7,

747,

466

56,2

99,2

32

7,09

4,30

3

79

1,83

3

0

0

659,

560

8,

545,

696

64,8

44,9

27

Adju

stm

ents

to B

egin

ning

Bal

ance

0

0

0

0

0

0

0

0

0

0

NET

FU

ND

BA

LAN

CE,

Jun

e 30

67,1

00,7

55 $

10,0

67,2

35 $

77,1

67,9

90 $

6,94

4,73

2 $

0

$

0 $

0

$

312,

658

$

7,

257,

390

$

84,4

25,3

80 $

8

FOO

THIL

L-D

E A

NZA

CO

MM

UN

ITY

CO

LLEG

E D

ISTR

ICT

2015

-201

6

All

Fund

s Su

mm

ary

Year

-end

Pro

ject

ions

TOTA

LC

hild

Stud

ent

TOTA

LG

ENER

AL

Ente

rpris

eD

evel

opm

ent

Fina

ncia

l Aid

Cap

ital P

roje

cts

Deb

t Ser

vice

DIS

TRIC

TIn

tern

al S

ervi

ceR

EVEN

UE

FUN

DFu

nds

Fund

300

Fund

700

Fund

400

Fund

200

ALL

FU

ND

SFu

nd 6

00Fe

dera

l Rev

enue

2,13

4,60

7 $

0

$

38,0

00 $

22,0

69,7

54 $

0 $

0 $

24

,242

,361

$

0

$

Stat

e R

even

ue96

,542

,129

0

667,

926

1,

647,

000

3,62

9,03

7

0

102,

486,

092

0

Loca

l Rev

enue

151,

860,

404

11,4

25,5

73

1,81

2,98

2

50

0,00

0

912,

500

31

,903

,095

19

8,41

4,55

4

47,4

48,5

41

TOTA

L R

EVEN

UE

250,

537,

140

$

11,4

25,5

73 $

2,51

8,90

8 $

24

,216

,754

$

4,

541,

537

$

31,9

03,0

95 $

325,

143,

007

$

47

,448

,541

$

EXPE

NSE

SC

ost o

f Sal

es0

$

7,08

7,98

3 $

0

$

0 $

0

$

0

$

7,08

7,98

3 $

0

$

Cer

tific

ated

Sal

arie

s91

,684

,473

075

9,79

90

0

0

92

,444

,272

0

Cla

ssifi

ed S

alar

ies

46,2

12,5

16

2,17

0,41

2

1,

108,

473

0

1,

780,

789

0

51

,272

,191

0

Empl

oyee

Ben

efits

41,1

64,7

97

614,

065

45

5,33

6

0

63

8,76

2

0

42

,872

,960

47

,448

,541

Mat

eria

ls a

nd S

uppl

ies

6,50

6,91

3

0

154,

000

32

,062

61

,601

0

6,

754,

575

0

Ope

ratin

g Ex

pens

es37

,960

,790

1,

376,

961

39,9

00

467,

938

10

,380

,956

0

50,2

26,5

45

0

Cap

ital O

utla

y1,

780,

523

0

1,

400

0

45

,049

,214

0

46,8

31,1

37

0

TOTA

L EX

PEN

SES

225,

310,

012

$

11,2

49,4

21 $

2,51

8,90

8 $

50

0,00

0 $

57,9

11,3

22 $

0 $

29

7,48

9,66

3 $

47,4

48,5

41 $

TRA

NSF

ERS

AN

D O

THER

Tran

sfer

s-in

4,

135,

701

$

0 $

0

$

0 $

10

8,16

5 $

2,46

9,26

6 $

6,

713,

133

$

2,50

0,00

0 $

O

ther

Sou

rces

0

0

0

0

0

93,6

25,4

85

93,6

25,4

85

0

In

trafu

nd T

rans

fers

0

0

0

0

0

0

0

0

Tran

sfer

s-ou

t (9

,213

,133

)0

0

0

0

0

(9

,213

,133

)0

Con

tinge

ncy

0

0

0

0

0

0

0

0

Oth

er O

utgo

(569

,245

)(6

6,85

2)0

(23,

716,

754)

0

(127

,997

,846

)(1

52,3

50,6

97)

(2,5

00,0

00)

TOTA

L TR

AN

SFER

S/O

THER

SO

UR

CES

(5,6

46,6

76)

$

(6

6,85

2) $

0 $

(2

3,71

6,75

4) $

10

8,16

5 $

(31,

903,

095)

$

(61,

225,

211)

$

0

$

FUN

D B

ALA

NC

EN

et C

hang

e in

Fun

d Ba

lanc

e19

,580

,452

$

10

9,30

0 $

0 $

0

$

(53,

261,

620)

$

0

$

(33,

571,

868)

$

0

$

Begi

nnin

g Ba

lanc

e, J

uly

164

,844

,927

5,

443,

351

946,

483

73

,049

90

,328

,325

27

,183

,391

18

8,81

9,52

6

13,9

75,2

68

Adju

stm

ents

to B

egin

ning

Bal

ance

0

0

0

0

0

0

0

0

NET

FU

ND

BA

LAN

CE,

Jun

e 30

84,4

25,3

80 $

5,55

2,65

1 $

94

6,48

3 $

73,0

49 $

37,0

66,7

05 $

27,1

83,3

91 $

155,

247,

659

$

13

,975

,268

$

9

Self-

Spec

ial

Fed.

Wor

kC

ampu

s C

trC

hild

Fina

ncia

lIn

tern

alC

apita

lD

ebt

Gen

eral

Sust

aini

ngC

ateg

oric

alEd

ucat

ion

Stud

yPa

rkin

gU

se F

ees

Ente

rpris

eD

evel

opm

tA

idSe

rvic

ePr

ojec

tsSe

rvic

e11

411

512

1/13

112

212

312

512

8Fu

nds

300

700

600

400

200

Tota

l41

,552

3,60

7,40

115

4,12

132

0,00

02,

500,

000

404,

225

7,02

7,29

810

8,16

536

,830

144,

995

12,6

2812

,628 0

F0

R99

5,86

799

5,86

7O

1,03

2,34

41,

032,

344

M0 0 0 0 0 0

12,6

280

41,5

523,

607,

401

154,

121

320,

000

00

00

2,50

0,00

010

8,16

52,

469,

266

9,21

3,13

3

Inte

r-Fu

nd T

rans

fers

:Fu

nd 1

14 to

121

/131

:41

,552

for s

alar

y ba

ckfil

lFu

nd 1

15 to

200

:36

,830

for D

ebt S

ervi

ceFu

nd 1

14 to

122

:3,

531,

618

for S

peci

al E

d m

atch

Fund

115

to 4

00:

108,

165

for D

istri

ct O

ffice

Bui

ldin

g FF

&E75

,783

for s

alar

y ba

ckfil

lFr

om 1

21/1

31 to

114

:12

,628

to a

djus

t prio

r yea

r IEP

I gra

nt e

xpen

ditu

res

Fund

114

to 1

23:

154,

121

for F

eder

al W

ork

Stud

y m

atch

Fund

125

to 2

00:

995,

867

for D

ebt

Serv

ice

Fund

114

to 1

25:

320,

000

to o

ffset

Par

king

Fun

d op

erat

ing

defic

itFu

nd 1

28 to

200

:1,

032,

344

for D

ebt S

ervi

ceFu

nd 1

14 to

200

:12

2,56

3fo

r Deb

t Ser

vice

281,

661

for c

apita

l lea

se p

aym

ents

Fund

114

to 6

00:

2,50

0,00

0fo

r 201

5/16

OPE

B Li

abilit

y

Intr

a-Fu

nd T

rans

fers

(Bet

wee

n U

nres

tric

ted

Gen

eral

Fun

ds):

121/

131

Tota

l

Ente

rpris

e30

0

400

All

Oth

er F

unds

700

128

125

Fund

REC

ON

CIL

IATI

ON

OF

INTE

R- A

ND

INTR

A-F

UN

D T

RA

NSF

ERS

PRO

JEC

TED

FO

R 6

/30/

16

123

Unr

estr

icte

d G

ener

al

Fund

sR

estr

icte

d G

ener

al F

unds

114

200

115

600

TO

122

11

FOO

THIL

L-D

E A

NZA

CO

MM

UN

ITY

CO

LLEG

E D

ISTR

ICT

2015

-201

6 G

ener

al F

unds

Sum

mar

yA

ctua

ls to

Dat

e

Tota

lR

estri

cted

&Fe

dera

lTo

tal

TOTA

LG

ener

alSe

lf-Su

stai

ning

Unr

estr

icte

dC

ateg

oric

alSp

ecia

l Edu

c.W

ork

Stud

yPa

rkin

gC

ampu

s C

ente

rR

estr

icte

dG

ENER

AL

REV

ENU

EFu

nd 1

14Fu

nd 1

15G

ener

al F

und

Fund

121

/131

Fund

122

Fund

123

Fund

125

Fund

128

Gen

eral

Fun

dFU

ND

Fede

ral R

even

ue0

$

0 $

0

$

320,

045

$

0

$

161,

409

$

0

$

0 $

48

1,45

4 $

481,

454

$

Stat

e R

even

ue31

,364

,761

1,

987,

440

33,3

52,2

01

22,3

04,5

15

1,21

4,02

9

0

0

0

23,5

18,5

44

56,8

70,7

45

Loca

l Rev

enue

76,3

42,6

98

7,97

0,48

1

84

,313

,179

1,

510,

665

0

0

1,30

6,08

4

1,

572,

036

4,38

8,78

5

88

,701

,964

TOTA

L R

EVEN

UE

107,

707,

459

$

9,95

7,92

1 $

11

7,66

5,38

0 $

24

,135

,226

$

1,

214,

029

$

161,

409

$

1,

306,

084

$

1,57

2,03

6 $

28

,388

,784

$

14

6,05

4,16

4 $

EXPE

NSE

SC

ertif

icat

ed S

alar

ies

37,0

37,7

05 $

280,

216

$

37

,317

,921

$

1,

648,

779

$

1,26

4,45

1 $

0

$

0 $

24

,486

$

2,

937,

717

$

40,2

55,6

38 $

Cla

ssifi

ed S

alar

ies

16,2

19,6

89

1,03

9,55

5

17

,259

,244

3,

302,

612

849,

964

24

8,56

2

713,

815

27

5,60

6

5,39

0,55

8

22

,649

,802

Empl

oyee

Ben

efits

16,7

76,3

81

310,

906

17

,087

,287

1,

414,

472

594,

058

0

190,

564

12

0,38

1

2,31

9,47

4

19

,406

,762

Mat

eria

ls a

nd S

uppl

ies

1,10

5,18

3

84

,947

1,

190,

130

589,

644

39

,889

1,

721

0

22

,290

65

3,54

5

1,84

3,67

5

Ope

ratin

g Ex

pens

es8,

789,

092

1,94

1,93

4

10

,731

,026

3,

689,

110

64,1

77

5

30

,220

68

,089

3,

851,

601

14,5

82,6

27

Cap

ital O

utla

y10

6,74

7

18,7

29

125,

476

69

5,95

6

29,8

54

0

0

44,2

24

770,

034

89

5,51

0

TOTA

L EX

PEN

SES

80,0

34,7

97 $

3,67

6,28

8 $

83

,711

,084

$

11

,340

,574

$

2,

842,

392

$

250,

288

$

93

4,59

8 $

555,

077

$

15

,922

,928

$

99

,634

,013

$

TRA

NSF

ERS

AN

D O

THER

Tran

sfer

s-in

12

,628

$

0

$

12,6

28 $

41,5

52 $

1,84

1,58

9 $

53

,803

$

0

$

0 $

1,

936,

943

$

1,94

9,57

1 $

O

ther

Sou

rces

0

0

0

0

0

0

0

0

0

0

Intra

fund

Tra

nsfe

rs0

0

0

0

0

0

0

0

0

0

Tr

ansf

ers-

out

(1,9

98,2

25)

(126

,580

)(2

,124

,805

)(1

2,62

8)0

0

(4

97,9

34)

(107

,560

)(6

18,1

22)

(2,7

42,9

27)

Con

tinge

ncy

0

0

0

0

0

0

0

0

0

0

Oth

er O

utgo

0

0

0

(3

11,5

00)

0

0

0

0

(311

,500

)(3

11,5

00)

TOTA

L TR

AN

SFER

S/O

THER

SO

UR

CES

(1,9

85,5

97)

$

(1

26,5

80)

$

(2,1

12,1

77)

$

(2

82,5

77)

$

1,84

1,58

9$

53

,803

$

(4

97,9

34)

$

(107

,560

) $

1,

007,

322

$

(1,1

04,8

55)

$

FUN

D B

ALA

NC

EN

et C

hang

e in

Fun

d Ba

lanc

e25

,687

,066

$

6,

155,

053

$

31,8

42,1

19$

12,5

12,0

75$

213,

226

$

(3

5,07

6) $

(126

,448

) $

90

9,40

0$

13,4

73,1

77$

45,3

15,2

95$

Begi

nnin

g Ba

lanc

e, J

uly

148

,551

,766

7,

747,

466

56,2

99,2

32

7,09

4,30

3

79

1,83

3

0

0

659,

560

8,

545,

696

64,8

44,9

27

Adju

stm

ents

to B

egin

ning

Bal

ance

0

0

0

0

0

0

0

0

0

0

NET

FU

ND

BA

LAN

CE,

Jun

e 30

74,2

38,8

32$

13,9

02,5

19$

88,1

41,3

50$

19,6

06,3

78$

1,00

5,05

8$

(3

5,07

6) $

(126

,448

) $

1,

568,

960

$

22,0

18,8

73$

110,

160,

223

$

12

FOO

THIL

L-D

E A

NZA

CO

MM

UN

ITY

CO

LLEG

E D

ISTR

ICT

2015

-201

6

All

Fund

s Su

mm

ary

Act

uals

to D

ate

TOTA

LC

hild

Stud

ent

TOTA

LG

ENER

AL

Ente

rpris

eD

evel

opm

ent

Fina

ncia

l Aid

Cap

ital P

roje

cts

Deb

t Ser

vice

DIS

TRIC

TIn

tern

al S

ervi

ceR

EVEN

UE

FUN

DFu

nds

Fund

300

Fund

700

Fund

400

Fund

200

ALL

FU

ND

SFu

nd 6

00Fe

dera

l Rev

enue

481,

454

$

0

$

10,5

91 $

8,37

7,40

5 $

0

$

0

$

8,86

9,45

0 $

0

$

Stat

e R

even

ue56

,870

,745

0

537,

184

1,

164,

922

1,38

5,18

5

0

59,9

58,0

37

0

Loca

l Rev

enue

88,7

01,9

64

4,71

6,72

3

93

6,66

8

74,1

56

497,

839

2,

667,

057

97,5

94,4

07

23,1

03,0

47

TOTA

L R

EVEN

UE

146,

054,

164

$

4,71

6,72

3 $

1,

484,

443

$

9,61

6,48

3 $

1,

883,

024

$

2,66

7,05

7 $

16

6,42

1,89

3 $

23,1

03,0

47 $

EXPE

NSE

SC

ost o

f Sal

es0

$

2,95

1,24

9 $

0

$

0 $

0

$

0

$

2,95

1,24

9 $

0

$

Cer

tific

ated

Sal

arie

s40

,255

,638

029

4,11

60

00

40,5

49,7

54

0

Cla

ssifi

ed S

alar

ies

22,6

49,8

02

979,

825

51

8,61

4

0

71

8,74

3

0

24

,866

,984

0

Empl

oyee

Ben

efits

19,4

06,7

62

310,

188

26

1,53

5

0

23

7,82

1

0

20

,216

,306

24

,416

,863

Mat

eria

ls a

nd S

uppl

ies

1,84

3,67

5

0

84,4

56

8,99

8

2,

048

0

1,

939,

177

0

Ope

ratin

g Ex

pens

es14

,582

,627

57

5,20

2

15,2

57

88,3

18

2,68

2,42

5

0

17,9

43,8

28

0

Cap

ital O

utla

y89

5,51

0

0

1,

400

0

19

,588

,674

0

20,4

85,5

84

0

TOTA

L EX

PEN

SES

99,6

34,0

13 $

4,81

6,46

4 $

1,

175,

378

$

97,3

16 $

23,2

29,7

11 $

0 $

12

8,95

2,88

1 $

24,4

16,8

63 $

TRA

NSF

ERS

AN

D O

THER

Tran

sfer

s-in

1,

949,

571

$

0 $

0

$

0 $

10

8,16

5 $

685,

190

$

2,

742,

927

$

0 $

O

ther

Sou

rces

0

0

0

0

0

93,5

96,8

83

93,5

96,8

83

0

In

trafu

nd T

rans

fers

0

0

0

0

0

0

0

0

Tran

sfer

s-ou

t (2

,742

,927

)0

0

0

0

0

(2

,742

,927

)0

Con

tinge

ncy

0

0

0

0

0

0

0

0

Oth

er O

utgo

(311

,500

)(3

4,24

9)0

(9,3

23,1

88)

0

(117

,297

,369

)(1

26,9

66,3

06)

0

TO

TAL

TRA

NSF

ERS/

OTH

ER S

OU

RC

ES(1

,104

,855

) $

(34,

249)

$

0

$

(9,3

23,1

88)

$

10

8,16

5 $

(23,

015,

295)

$

(33,

369,

423)

$

0

$

FUN

D B

ALA

NC

EN

et C

hang

e in

Fun

d Ba

lanc

e45

,315

,295

$

(1

33,9

90)

$

309,

065

$

19

5,97

9 $

(21,

238,

521)

$

(2

0,34

8,23

9) $

4,

099,

589

$

(1,3

13,8

16)

$

Be

ginn

ing

Bala

nce,

Jul

y 1

64,8

44,9

27

5,44

3,35

1

94

6,48

3

73,0

49

90,3

28,3

25

27,1

83,3

91

188,

819,

526

13

,975

,268

Ad

just

men

ts to

Beg

inni

ng B

alan

ce0

0

0

0

0

0

0

0

N

ET F

UN

D B

ALA

NC

E, J

une

3011

0,16

0,22

3 $

5,

309,

361

$

1,25

5,54

8 $

26

9,02

8 $

69,0

89,8

04 $

6,83

5,15

2 $

19

2,91

9,11

5 $

12,6

61,4

52 $

13

Self-

Spec

ial

Fed.

Wor

kC

ampu

s C

trC

hild

Fina

ncia

lIn

tern

alC

apita

lD

ebt

Gen

eral

Sust

aini

ngC

ateg

oric

alEd

ucat

ion

Stud

yPa

rkin

gU

se F

ees

Ente

rpris

eD

evel

opm

tA

idSe

rvic

ePr

ojec

tsSe

rvic

e11

411

512

1/13

112

212

312

512

8Fu

nds

300

700

600

400

200

Tota

l41

,552

1,84

1,58

953

,803

61,2

821,

998,

225

108,

165

18,4

1512

6,58

012

,628

12,6

28 0F

0R

497,

934

497,

934

O10

7,56

010

7,56

0M

0 0 0 0 0 012

,628

041

,552

1,84

1,58

953

,803

00

00

00

108,

165

685,

190

2,74

2,92

7

Inte

r-Fu

nd T

rans

fers

:Fu

nd 1

14 to

121

/131

:41

,552

for s

alar

y ba

ckfll

Fund

115

to 2

00:

18,4

15fo

r Deb

t Ser

vice

Fund

114

to 1

22:

75,7

83fo

r sal

ary

back

fill

Fund

115

to 4

00:

108,

165

for D

istri

ct O

ffice

Bui

ldin

g FF

&E1,

765,

806

for S

peci

al E

d m

atch

From

121

/131

to 1

14:

12,6

28to

adj

ust p

rior y

ear I

EPI g

rant

exp

endi

ture

sFu

nd 1

14 to

123

:53

,803

for F

eder

al W

ork

Stud

y m

atch

Fund

125

to 2

00:

497,

934

for D

ebt S

ervi

ceFu

nd 1

14 to

200

:61

,282

for D

ebt S

ervi

ceFu

nd 1

28 to

200

:10

7,56

0fo

r Deb

t Ser

vice

Intr

a-Fu

nd T

rans

fers

(Bet

wee

n U

nres

tric

ted

Gen

eral

Fun

ds):

115

122

Tota

l

TO

REC

ON

CIL

IATI

ON

OF

INTE

R- A

ND

INTR

A-F

UN

D T

RA

NSF

ERS

AS

OF

12/3

1/15 A

ll O

ther

Fun

dsR

estr

icte

d G

ener

al F

unds

Unr

estr

icte

d G

ener

al

Fund

s

123

125

114

600

400

200

Fund

128

Ente

rpris

e30

070

0

121/

131

14

General PurposeFund 114

TotalUnrestricted

General Fund

Self-SustainingFund 115

Restricted and Categorical

TOTAL GENERAL

Fund 121/131 FUND

Special EducationFund 122

TotalFederal Work Study Restricted

Fund 123 General FundTOTAL

Debt Service DISTRICTFund 200

ALL FUNDSParking

Fund 125

Special RevenueChild Development

Fund 300Campus Center

Use FeesFund 128

Capital ProjectsFund 400

EnterpriseFund 500

Internal ServiceFund 600

Student Financial AidFund 700

ALL FUNDS CHART

15

Foothill-De Anza Community College District 2015-16 Second Quarter Report

SELF-SUSTAINING Fund 115

Self-Sustaining funds, as the name implies, counterbalance operating expenditures against the revenues generated from various instructional arrangements. Not all related costs are allocated to these programs but, for those expenses that are charged, the programs are expected to generate income or use accumulated balances to cover them. Although budgets are used as a means to forecast and control revenue and expenditure activity, spending is solely dependent upon their ability to generate sufficient revenue to adequately support such operations. Most accounts within this group have residual funds, and excess revenues over expenditures are available for use at the respective college’s discretion. The residual funds are regarded as designated funds, which mean that, although the district regards them as restricted, they are actually unrestricted and are reported to the state as such. The Board of Trustees has the discretion to use the funds for any lawful purpose. Current Status:

In the second quarter, we are projecting an increase to state revenue, with a corresponding increase to the operating expenses category, of $874,876 to match the projected attendance hours submitted to the state for apprenticeship apportionment.

16



Adopted Revised Actual Percent Estimated REVENUE Budget Budget to Date to Date Total Variance

Federal Revenue 0 $ 0 $ 0 $ 0% 0 $ 0 $

State Revenue 1,855,124 1,855,124 1,987,440 107% 2,730,000 (874,876)

Local Revenue 11,125,646 11,125,646 7,970,481 72% 11,125,646 0

TOTAL REVENUE 12,980,770 $ 12,980,770 $ 9,957,921 $ 77% 13,855,646 $ (874,876) $

EXPENSESCertificated Salaries 578,485 $ 578,485 $ 280,216 $ 48% 578,485 $ 0 $

Classified Salaries 2,124,542 2,124,542 1,039,555 49% 2,124,542 0

Employee Benefits 725,051 725,051 310,906 43% 725,051 0

Materials and Supplies 168,427 168,427 84,947 50% 168,427 0

Operating Expenses 7,007,165 7,007,165 1,941,934 28% 7,773,876 (766,711)

Capital Outlay 20,500 20,500 18,729 91% 20,500 0

TOTAL EXPENSES 10,624,171 $ 10,624,171 $ 3,676,288 $ 35% 11,390,882 $ (766,711) $

TRANSFERS AND OTHERTransfers-in 0 $ 0 $ 0 $ 0% 0 $ 0 $ Other Sources 0 0 0 0% 0 0 Intrafund Transfers 0 0 0 0% 0 0 Transfers-out (36,830) (36,830) (126,580) 344% (144,995) 108,165 Contingency 0 0 0 0% 0 0 Other Outgo 0 0 0 0% 0 0 TOTAL TRFs/OTHER SOURCES (36,830) $ (36,830) $ (126,580) $ 344% (144,995) $ 108,165 $

FUND BALANCENet Change in Fund Balance 2,319,769 $ 2,319,769 $ 6,155,053 $ 2,319,769 $ 0 $ Beginning Balance, July 1 7,747,466 7,747,466 7,747,466 7,747,466 0 Adjustments to Beginning Balance 0 0 0 0 0 NET FUND BALANCE, June 30 10,067,235 $ 10,067,235 $ 13,902,519 $ 10,067,235 $ 0 $

FUND 115 - SELF SUSTAINING

17


RESTRICTED and CATEGORICAL Fund 121/131

Restricted and Categorical Funds are those resources that come from federal, state or local agencies. In general, money received from these programs is restricted for a specific purpose. The principal programs in the Restricted and Categorical Fund are as follows: Instructional Equipment and Library Materials (Block Grant): State funding to meet instructional equipment and library materials needs. Perkins Career and Technical Education Act (CTEA): Federal funds administered by the state for technical education and improvement of career and technical programs. High Tech Center Training Unit: State funding to provide support for training of instructors of disabled students at community colleges in the state. Student Success & Support Program (SSSP), Student Equity, Staff Development, Staff Diversity, Extended Opportunity Programs and Services (EOPS), Cooperative Agencies Resources for Education (CARE), and CalWORKS: These programs target specific populations or services funded by the state. Health Services Fees: Health Services fees are fees collected from the students and restricted for the provision of health services for students. Because the fee level is set by the state and we are mandated to provide a fixed level of services, the state provides reimbursement, known as “mandated cost reimbursement,” for the cost of providing these services over and above what we collect. The mandated cost reimbursement is recorded in the General Purpose Fund. Economic Development: State funding provided for projects to improve career development services locally and regionally. National Science Foundation: Federal funding for curriculum development in science programs. Online Education Initiative (OEI): State funding, awarded in partnership with Butte-Glenn Community College District, to launch Governor Jerry Brown’s groundbreaking Online Education Initiative for the state of California. The goal of the initiative is to increase the number of California students who obtain associate degrees and transfer to four-year universities by dramatically

19


increasing the number of online classes available to community college students and providing those students with comprehensive support services to help them succeed. Physical Plant and Instructional Support: The 2015/16 Budget Act provides $100 million for the Physical Plant and Instructional Support program, while SB 81 provides an additional $48 million in current year funds to reduce the backlog of deferred maintenance and/or to purchase instructional equipment. These resources will allow districts to protect investments previously made in facilities, and to improve students’ experiences by replenishing and investing in new instructional equipment. For 2015/16, the district will receive $3,540,422 for Physical Plant & Instructional Support, for which no local match is required. Of this, $876,606 is budgeted in the Restricted and Categorical Fund and $2,663,816 is budgeted in the Capital Projects Fund. Current Status:

In the second quarter, we are projecting an increase to state revenue and corresponding expenses for the Adult Education Block Grant ($398,424). The Adult Education Block Grant Program provides adult education funding to county offices of education, school districts, and regional consortia to support Assembly Bill 86 specified programs. The intent of AB 86 is to expand and improve the provision of adult education with incremental investments beginning with fiscal year 2015/16.

20




Federal Revenue 1,672,244 $ 1,672,244 $ 320,045 $ 19% 1,672,244 $ 0 $

State Revenue 25,986,389 25,986,389 22,304,515 86% 26,384,813 (398,424)

Local Revenue 2,363,590 2,363,590 1,510,665 64% 2,363,590 0

TOTAL REVENUE 30,022,223 $ 30,022,223 $ 24,135,226 $ 80% 30,420,647 $ (398,424) $

EXPENSESCertificated Salaries 3,742,656 $ 3,742,656 $ 1,648,779 $ 44% 3,843,279 $ (100,623) $

Classified Salaries 7,128,208 7,128,208 3,302,612 46% 7,285,010 (156,802)

Employee Benefits 2,758,621 2,758,621 1,414,472 51% 2,801,010 (42,389)

Materials and Supplies 2,948,691 2,948,691 589,644 20% 2,967,969 (19,278)


Capital Outlay 1,099,864 1,099,864 695,956 63% 1,107,364 (7,500)

TOTAL EXPENSES 29,644,101 $ 29,631,473 $ 11,340,574 $ 38% 30,029,897 $ (398,424) $

TRANSFERS AND OTHERTransfers-in 41,552 $ 41,552 $ 41,552 $ 100% 41,552 $ 0 $ Other Sources 0 0 0 0% 0 0 Intrafund Transfers 0 0 0 0% 0 0 Transfers-out 0 (12,628) (12,628) 100% (12,628) 0 Contingency 0 0 0 0% 0 0 Other Outgo (569,245) (569,245) (311,500) 55% (569,245) 0 TOTAL TRFs/OTHER SOURCES (527,693) $ (540,321) $ (282,577) $ 52% (540,321) $ 0 $

FUND BALANCENet Change in Fund Balance (149,571) $ (149,571) $ 12,512,075 $ (149,571) $ 0 $ Beginning Balance, July 1 7,094,303 7,094,303 7,094,303 7,094,303 0 Adjustments to Beginning Balance 0 0 0 0 0 NET FUND BALANCE, June 30 6,944,732 $ 6,944,732 $ 19,606,378 $ 6,944,732 $ 0 $

FUND 121/131 - RESTRICTED and CATEGORICAL

21


SPECIAL EDUCATION Fund 122

Special Education is a program mandated by Title V and funded primarily by the state. It provides services for physically, developmentally, or learning disabled students. Services include special classes, interpreters, on-campus assistance, test-taking assistance, computer-aided labs, and priority registration. Current Status:

In the second quarter, $2,278 was transferred into the Special Education Fund from the General Purpose Fund for salary backfill, with corresponding increases to the salaries and benefits categories.

22




Federal Revenue 0 $ 0 $ 0 $ 0% 0 $ 0 $

State Revenue 2,729,684 2,729,684 1,214,029 44% 2,729,684 0

Local Revenue 0 0 0 0% 0 0

TOTAL REVENUE 2,729,684 $ 2,729,684 $ 1,214,029 $ 44% 2,729,684 $ 0 $

EXPENSESCertificated Salaries 2,854,833 $ 2,860,238 $ 1,264,451 $ 44% 2,860,238 $ 0 $

Classified Salaries 1,952,646 1,952,646 849,964 44% 1,952,646 0

Employee Benefits 1,291,505 1,292,630 594,058 46% 1,292,630 0

Materials and Supplies 27,314 27,314 39,889 146% 79,778 (52,463)

Operating Expenses 935,778 935,778 64,177 7% 883,315 52,463

Capital Outlay 60,311 60,311 29,854 49% 60,311 0

TOTAL EXPENSES 7,122,387 $ 7,128,918 $ 2,842,392 $ 40% 7,128,918 $ 0 $

TRANSFERS AND OTHERTransfers-in 3,600,870 $ 3,607,401 $ 1,841,589 $ 51% 3,607,401 $ 0 $ Other Sources 0 0 0 0% 0 0Intrafund Transfers 0 0 0 0% 0 0Transfers-out 0 0 0 0% 0 0Contingency 0 0 0 0% 0 0Other Outgo 0 0 0 0% 0 0TOTAL TRFs/OTHER SOURCES 3,600,870 $ 3,607,401 $ 1,841,589 $ 51% 3,607,401 $ 0 $

FUND BALANCENet Change in Fund Balance (791,833) $ (791,833) $ 213,226 $ (791,833) $ 0 $ Beginning Balance, July 1 791,833 791,833 791,833 791,833 0 Adjustments to Beginning Balance 0 0 0 0 0 NET FUND BALANCE, June 30 0 $ 0 $ 1,005,058 $ 0 $ 0 $

FUND 122 - SPECIAL EDUCATION

23


FEDERAL WORK STUDY Fund 123

Federal Work Study is a federal program providing financial aid to students in the form of

compensation for work performed for on-campus and off-campus work. The district is required to

contribute 25% of the total funds compensated to work-study employees. Beginning with the

2000/01 year, institutions were required to spend at least 7% of the work-study allocation to pay

students performing community service work.

Current Status:

No change from Adopted Budget.

24




Federal Revenue 462,363 $ 462,363 $ 161,409 $ 35% 462,363 $ 0 $

State Revenue 0 0 0 0% 0 0

Local Revenue 0 0 0 0% 0 0

TOTAL REVENUE 462,363 $ 462,363 $ 161,409 $ 35% 462,363 $ 0 $

EXPENSESCertificated Salaries 0 $ 0 $ 0 $ 0% 0 $ 0 $

Classified Salaries 616,484 616,484 248,562 40% 613,071 3,413

Employee Benefits 0 0 0 0% 0 0

Materials and Supplies 0 0 1,721 0% 3,393 (3,393)

Operating Expenses 0 0 5 0% 20 (20)

Capital Outlay 0 0 0 0% 0 0

TOTAL EXPENSES 616,484 $ 616,484 $ 250,288 $ 41% 616,484 $ 0 $

TRANSFERS AND OTHERTransfers-in 154,121 $ 154,121 $ 53,803 $ 35% 154,121 $ 0 $ Other Sources 0 0 0 0% 0 0 Intrafund Transfers 0 0 0 0% 0 0 Transfers-out 0 0 0 0% 0 0 Contingency 0 0 0 0% 0 0 Other Outgo 0 0 0 0% 0 0 TOTAL TRFs/OTHER SOURCES 154,121 $ 154,121 $ 53,803 $ 35% 154,121 $ 0 $

FUND BALANCENet Change in Fund Balance 0 $ 0 $ (35,076) $ 0 $ 0 $ Beginning Balance, July 1 0 0 0 0 0 Adjustments to Beginning Balance 0 0 0 0 0 NET FUND BALANCE, June 30 0 $ 0 $ (35,076) $ 0 $ 0 $

FUND 123 - FEDERAL WORK STUDY

25


PARKING Fund 125

This fund collects all revenues and expenses associated with providing parking services at both campuses. Revenues are derived from sales of parking decals, daily permits, and fees from special events. Expenditures are restricted by state law to road and parking lot maintenance, parking security costs, related operating overhead and public transportation for students and staff. Fees from parking permits are governed by the state Education Code section 76360. We are projecting an excess of operating expenses over revenue of $320,000, which will be covered, as in prior years, by a transfer in from the General Purpose Fund to allow the Parking Fund to break even for the year. There is no fund balance in the Parking Fund at this moment. Unlike the health fee, the parking fee does not rise automatically with the Consumer Price Index. This results in continued reductions to security services for parking and virtually no dollars available for parking lot maintenance. Current Status:


26




Federal Revenue 0 $ 0 $ 0 $ 0% 0 $ 0 $


Local Revenue 2,284,000 2,284,000 1,306,084 57% 2,284,000 0

TOTAL REVENUE 2,284,000 $ 2,284,000 $ 1,306,084 $ 57% 2,284,000 $ 0 $




Materials and Supplies 0 0 0 0% 0 0

Operating Expenses 204,622 204,622 30,220 15% 204,622 0


TOTAL EXPENSES 1,608,133 $ 1,608,133 $ 934,598 $ 58% 1,608,133 $ 0 $

TRANSFERS AND OTHERTransfers-in 320,000 $ 320,000 $ 0 $ 0% 320,000 $ 0 $ Other Sources 0 0 0 0% 0 0 Intrafund Transfers 0 0 0 0% 0 0 Transfers-out (995,867) (995,867) (497,934) 50% (995,867) 0 Contingency 0 0 0 0% 0 0 Other Outgo 0 0 0 0% 0 0 TOTAL TRFs/OTHER SOURCES (675,867) $ (675,867) $ (497,934) $ 74% (675,867) $ 0 $

FUND BALANCENet Change in Fund Balance 0 $ 0 $ (126,448) $ 0 $ 0 $ Beginning Balance, July 1 0 0 0 0 0 Adjustments to Beginning Balance 0 0 0 0 0 NET FUND BALANCE, June 30 0 $ 0 $ (126,448) $ 0 $ 0 $

FUND 125 - PARKING

27


CAMPUS CENTER USE FEES

Fund 128

Revenues are generated by collecting a mandatory fee for use of the campus centers at each institution. The proceeds are isolated by campus and are restricted for the following purposes in order of priority: 1) retirement of Certificates of Participation financing the campus center expansion and renovation projects, 2) repair and replacement of existing student campus center facilities, and 3) personnel support of campus center operations. In November 2006, the district issued a Certificate of Participation for $11.33 million, which paid for a portion of the new Foothill Campus Center building and a portion of the renovation of the De Anza Campus Center building. The campus center student use fees from both campuses will cover the annual debt service. Although the Campus Center Use Fee Fund is projecting a deficit of approximately $347,000 for 2015/16, this over-expenditure is intentional in order to utilize the accumulated fund balance from the prior year. Most of the expenses that will reduce the fund balance will be related to capital projects for the campus centers at both colleges. Current Status:

The changes to the Campus Center Use Fees for the second quarter include a decrease to the certificated salaries and benefits categories ($27,900). The Campus Center Use Fees Fund is projecting to end the fiscal year with a net change to fund balance of $346,903.

28




Federal Revenue 0 $ 0 $ 0 $ 0% 0 $ 0 $


Local Revenue 2,305,000 2,305,000 1,572,036 68% 2,305,000 0

TOTAL REVENUE 2,305,000 $ 2,305,000 $ 1,572,036 $ 68% 2,305,000 $ 0 $


Classified Salaries 623,897 623,897 275,606 44% 623,897 0



Operating Expenses 228,000 228,000 68,089 30% 228,000 0

Capital Outlay 400,000 400,000 44,224 11% 400,000 0

TOTAL EXPENSES 1,647,458 $ 1,619,558 $ 555,077 $ 34% 1,619,558 $ 0 $

TRANSFERS AND OTHERTransfers-in 0 $ 0 $ 0 $ 0% 0 $ 0 $ Other Sources 0 0 0 0% 0 0 Intrafund Transfers 0 0 0 0% 0 0 Transfers-out (1,032,344) (1,032,344) (107,560) 10% (1,032,344) 0 Contingency 0 0 0 0% 0 0 Other Outgo 0 0 0 0% 0 0 TOTAL TRFs/OTHER SOURCES (1,032,344) $ (1,032,344) $ (107,560) $ 10% (1,032,344) $ 0 $

FUND BALANCENet Change in Fund Balance (374,802) $ (346,903) $ 909,400 $ (346,903) $ 0 $ Beginning Balance, July 1 659,560 659,560 659,560 659,560 0 Adjustments to Beginning Balance 0 0 0 0 0 NET FUND BALANCE, June 30 284,758 $ 312,658 $ 1,568,960 $ 312,658 $ 0 $

FUND 128 - CAMPUS CENTER USE FEES

29


ENTERPRISE FUND FOOTHILL and DE ANZA CAMPUS CENTERS

FLINT CENTER The Enterprise Fund is accounted for in a manner whereby the total costs of providing goods and services are financed or recovered primarily through user charges. Enterprise operations are comprised of the Foothill and De Anza College Campus Centers and the Flint Center for the Performing Arts. The Campus Centers include the two Bookstores and De Anza Dining Services. Financial activity in the Enterprise Fund is measured by gross margins and net profit rather than by the governmental budget to actual measurement. Foothill Enterprise Fund

Bookstore

Sales are expected to increase slightly in fiscal year 2015/16 when compared to fiscal year 2014/15,

with decreases in textbook rental income and increases in various commissions. Total expenses are

also expected to increase slightly over fiscal year 2014/15, mainly due to rising salaries and benefits

expenses. A net loss of $19,106 has been budgeted for the year.

De Anza Enterprise Fund

Bookstore

Projected revenue growth remains in line with fiscal year 2014/15 at five percent, and textbook

rental income is expected to continue to increase. Total expenses are expected to increase, mainly

due to rising salaries and benefits expenses. A net profit of $56,000 has been budgeted for the year.

Dining Services

Dining Services is projecting a modest increase in revenue over fiscal year 2014/15. Total expenses

are expected to increase, mainly due to rising salaries and benefits expenses. A net profit of $7,234

has been budgeted for the year.

Combined Bookstore & Dining Operations

A net profit of $63,234 has been budgeted for the De Anza Campus Center:

• Bookstore – $56,000 Net Profit

• Dining Services – $7,234 Net Profit

30


Flint Center Fund

Flint Center revenue for the second quarter was higher than budgeted due to new corporate and special events. As a result, Flint Center revenue is projected to increase by $45,698. Flint Center expenses were approximately eight percent (8%) less than budgeted at the end of second quarter. However, it is projected that by the end of the year, expenses will remain as budgeted. A net profit of $65,172 is projected for fiscal year 2015/16.

31




Federal Revenue 0 $ 0 $ 0 $ 0% 0 $ 0 $


Local Revenue 11,379,875 11,379,875 4,716,723 41% 11,425,573 (45,698)

TOTAL REVENUE 11,379,875 $ 11,379,875 $ 4,716,723 $ 41% 11,425,573 $ (45,698) $

EXPENSESCost of Sales 7,087,983 $ 7,087,983 $ 2,951,249 $ 42% 7,087,983 $ 0 $

Certificated Salaries 0 0 0 0% 0 0




Operating Expenses 1,376,961 1,376,961 575,202 42% 1,376,961 0


TOTAL EXPENSES 11,249,421 $ 11,249,421 $ 4,816,464 $ 43% 11,249,421 $ 0 $

TRANSFERS AND OTHERTransfers-in 0 $ 0 $ 0 $ 0% 0 $ 0 $ Other Sources 0 0 0 0% 0 0 Transfers-out 0 0 0 0% 0 0 Contingency 0 0 0 0% 0 0 Other Outgo (66,852) (66,852) (34,249) 51% (66,852) 0 TOTAL TRFs/OTHER SOURCES (66,852) $ (66,852) $ (34,249) $ 51% (66,852) $ 0 $

FUND BALANCENet Change in Fund Balance 63,602 $ 63,602 $ (133,990) $ 109,300 $ 45,698 $ Beginning Balance, July 1 5,443,351 5,443,351 5,443,351 5,443,351 0 Adjustments to Beginning Balance 0 0 0 0 0 NET FUND BALANCE, June 30 5,506,953 $ 5,506,953 $ 5,309,361 $ 5,552,651 $ 45,698 $

ENTERPRISE FUND

32



REVENUEFederal Revenue

State Revenue

Local Revenue

TOTAL REVENUE

EXPENSESCost of Sales

Certificated Salaries

Classified Salaries

Employee Benefits

Materials and Supplies

Operating Expenses

Capital Outlay

TOTAL EXPENSES

TRANSFERS AND OTHERTransfers-in Other SourcesTransfers-out ContingencyOther OutgoTOTAL TRFs/OTHER SOURCES

FUND BALANCENet Change in Fund BalanceBeginning Balance, July 1Adjustments to Beginning BalanceNET FUND BALANCE, June 30

Adopted Revised Actual Percent Estimated Budget Budget to Date to Date Total Variance

0 $ 0 $ 0 $ 0% 0 $ 0 $

0 0 0 0% 0 0

3,563,994 3,563,994 1,381,527 39% 3,563,994 0

3,563,994 $ 3,563,994 $ 1,381,527 $ 39% 3,563,994 $ 0 $

2,673,900 $ 2,673,900 $ 1,072,374 $ 40% 2,673,900 $ 0 $

0 0 0 0% 0 0

555,600 555,600 257,115 46% 555,600 0

184,100 184,100 89,672 49% 184,100 0

0 0 0 0% 0 0

136,600 136,600 76,786 56% 136,600 0

0 0 0 0% 0 0

3,550,200 $ 3,550,200 $ 1,495,947 $ 42% 3,550,200 $ 0 $

0 $ 0 $ 0 $ 0% 0 $ 0 $ 0 0 0 0% 0 0 0 0 0 0% 0 0 0 0 0 0% 0 0

(32,900) (32,900) (17,809) 54% (32,900) 0 (32,900) $ (32,900) $ (17,809) $ 54% (32,900) $ 0 $

(19,106) $ (19,106) $ (132,229) $ (19,106) $ 0 $ 150,439 150,439 150,439 150,439 0

0 0 0 0 0 131,333 $ 131,333 $ 18,210 $ 131,333 $ 0 $

ENTERPRISE FUND - FOOTHILL

33




State Revenue

Local Revenue

TOTAL REVENUE



Classified Salaries

Employee Benefits


Operating Expenses

Capital Outlay

TOTAL EXPENSES




0 $ 0 $ 0 $ 0% 0 $ 0 $

0 0 0 0% 0 0

7,127,475 7,127,475 3,013,982 42% 7,127,475 0

7,127,475 $ 7,127,475 $ 3,013,982 $ 42% 7,127,475 $ 0 $

4,414,083 $ 4,414,083 $ 1,878,875 $ 43% 4,414,083 $ 0 $

0 0 0 0% 0 0

1,594,915 1,594,915 713,942 45% 1,594,915 0

422,362 422,362 217,381 51% 422,362 0

0 0 0 0% 0 0

598,929 598,929 229,533 38% 598,929 0

0 0 0 0% 0 0

7,030,289 $ 7,030,289 $ 3,039,731 $ 43% 7,030,289 $ 0 $

0 $ 0 $ 0 $ 0% 0 $ 0 $ 0 0 0 0% 0 0 0 0 0 0% 0 0 0 0 0 0% 0 0

(33,952) (33,952) (16,440) 48% (33,952) 0 (33,952) $ (33,952) $ (16,440) $ 48% (33,952) $ 0 $

63,234 $ 63,234 $ (42,189) $ 63,234 $ 0 $ 3,185,177 3,185,177 3,185,177 3,185,177 0

0 0 0 0 0 3,248,411 $ 3,248,411 $ 3,142,988 $ 3,248,411 $ 0 $

ENTERPRISE FUND - DE ANZA

34




State Revenue

Local Revenue

TOTAL REVENUE



Classified Salaries

Employee Benefits


Operating Expenses

Capital Outlay

TOTAL EXPENSES




0 $ 0 $ 0 $ 0% 0 $ 0 $

0 0 0 0% 0 0

688,406 688,406 321,214 47% 734,104 (45,698)

688,406 $ 688,406 $ 321,214 $ 47% 734,104 $ (45,698) $

0 $ 0 $ 0 $ 0% 0 $ 0 $

0 0 0 0% 0 0

19,897 19,897 8,768 44% 19,897 0

7,603 7,603 3,135 41% 7,603 0

0 0 0 0% 0 0

641,432 641,432 268,883 42% 641,432 0

0 0 0 0% 0 0

668,932 $ 668,932 $ 280,786 $ 42% 668,932 $ 0 $

0 $ 0 $ 0 $ 0% 0 $ 0 $ 0 0 0 0% 0 0 0 0 0 0% 0 0 0 0 0 0% 0 0 0 0 0 0% 0 0 0 $ 0 $ 0 $ 0% 0 $ 0 $

19,474 $ 19,474 $ 40,428 $ 65,172 $ 45,698 $ 2,107,735 2,107,735 2,107,735 2,107,735 0

0 0 0 0 0 2,127,209 $ 2,127,209 $ 2,148,163 $ 2,172,907 $ 45,698 $

ENTERPRISE FUND - FLINT CENTER

35


CHILD DEVELOPMENT Fund 300

The Child Development Fund supports the costs associated with the Child Development Center located

at De Anza College. The De Anza Child Development Center provides services to students from both Foothill College and De Anza College. Providing childcare to children between the ages of one and six years old, the center is also utilized as a facility for Early Childhood Education students to observe and train. In 1999/00, De Anza opened an infant-toddler center to support Foothill-De Anza students, including CalWORKs students, and for use by the community. Current Status:


36




Federal Revenue 38,000 $ 38,000 $ 10,591 $ 28% 38,000 $ 0 $

State Revenue 667,926 667,926 537,184 80% 667,926 0

Local Revenue 1,812,982 1,812,982 936,668 52% 1,812,982 0

TOTAL REVENUE 2,518,908 $ 2,518,908 $ 1,484,443 $ 59% 2,518,908 $ 0 $






Capital Outlay 0 0 1,400 0% 1,400 (1,400)

TOTAL EXPENSES 2,518,908 $ 2,518,908 $ 1,175,378 $ 47% 2,518,908 $ 0 $

TRANSFERS AND OTHERTransfers-in 0 $ 0 $ 0 $ 0% 0 $ 0 $ Other Sources 0 0 0 0% 0 0 Transfers-out 0 0 0 0% 0 0 Contingency 0 0 0 0% 0 0 Other Outgo 0 0 0 0% 0 0 TOTAL TRFs/OTHER SOURCES 0 $ 0 $ 0 $ 0% 0 $ 0 $

FUND BALANCENet Change in Fund Balance 0 $ 0 $ 309,065 $ 0 $ 0 $ Beginning Balance, July 1 946,483 946,483 946,483 946,483 0 Adjustments to Beginning Balance 0 0 0 0 0 NET FUND BALANCE, June 30 946,483 $ 946,483 $ 1,255,548 $ 946,483 $ 0 $

FUND 300 - CHILD DEVELOPMENT

37


STUDENT FINANCIAL AID

Fund 700 These funds are used for federal, state, and local financial aid programs. The federal programs are

the Pell Grants, Supplemental Educational Opportunity Grants (SEOG), and AmeriCorps community

service initiative grants. The state programs are EOPS grants and Cal Grants. Local programs

include a variety of scholarships.

Current Status:

The changes to the Student Financial Aid Fund for the second quarter include revisions to increase state revenue and student grants-in-aid for the new Full-Time Student Success Grant ($351,000). The Full-Time Student Success Grant (FTSSG) program, created by Senate Bill 93 of the 2015 Budget Act, appropriates funding to the California Community Colleges Chancellor’s Office (CCCCO) to provide supplemental grants for the 2015/16 year to community college Cal Grant B recipients who have already received a full-time Cal Grant B award payment. Funding is anticipated to be ongoing.

38




Federal Revenue 22,069,754 $ 22,069,754 $ 8,377,405 $ 38% 22,069,754 $ 0 $

State Revenue 1,296,000 1,647,000 1,164,922 71% 1,647,000 0

Local Revenue 500,000 500,000 74,156 15% 500,000 0

TOTAL REVENUE 23,865,754 $ 24,216,754 $ 9,616,483 $ 40% 24,216,754 $ 0 $


Classified Salaries 0 0 0 0% 0 0


Materials and Supplies 0 0 8,998 0% 32,062 (32,062)



TOTAL EXPENSES 500,000 $ 500,000 $ 97,316 $ 19% 500,000 $ 0 $

TRANSFERS AND OTHERTransfers-in 0 $ 0 $ 0 $ 0 $ 0 $ Other Sources 0 0 0 0 0 Transfers-out 0 0 0 0% 0 0 Contingency 0 0 0 0% 0 0 Other Outgo (23,365,754) (23,716,754) (9,323,188) 39% (23,716,754) 0 TOTAL TRFs/OTHER SOURCES (23,365,754) $ (23,716,754) $ (9,323,188) $ 39% (23,716,754) $ 0 $

FUND BALANCENet Change in Fund Balance 0 $ 0 $ 195,979 $ 0 $ 0 $ Beginning Balance, July 1 73,049 73,049 73,049 73,049 0 Adjustments to Beginning Balance 0 0 0 0 0 NET FUND BALANCE, June 30 73,049 $ 73,049 $ 269,028 $ 73,049 $ 0 $

FUND 700 - STUDENT FINANCIAL AID

39


INTERNAL SERVICE Fund 600

The purpose of this fund is to separately account for services provided on a district-wide basis. Costs associated with providing health benefits, workers’ compensation, extended sick leave, and post-retirement benefits are to be accounted for in the Internal Service Fund, and an appropriate service rate is charged to each of the other funds. In the past, this fund was used almost exclusively as an accounting convenience to charge benefits in one fund and then distribute them to all other funds. Any positive or negative ending balances were, and still are, closed to the General Purpose Fund at year-end. The unrestricted balance in the Internal Service Fund is used to offset and stabilize erratic benefit cost increases so that increasing costs can be “smoothed out” more gradually. Consequently, this unrestricted balance is referred to as the “Rate Stabilization Fund.” We have included an exhibit on the next page that summarizes Internal Service fund balances. Since there are sufficient balances in this fund, we are recommending a transfer of $2,500,000 to this fund from the General Purpose Fund in 2015/16, with corresponding other outgo to the California Employers’ Retiree Benefits Trust (CERBT) for Other Post-Employment Benefits (OPEB) liability. This has been budgeted for in the General Purpose Fund. We will bring an agenda item to the Board of Trustees authorizing the district to make this contribution. This would leave an estimated unrestricted $10.5 million to be set aside as the Rate Stabilization Fund. Current Status:


41

Summary of Beginning Balance

Extended Sick Leave/Vacation Payout Reserve: 273,254 $

OPEB transfers in from General Fund and Payments:FY 05/06 expenditure (JPA membership fee) (3,000) Unfunded Retiree Benefits Transfer In (04/05 thru 08/09) 3,950,487 Unfunded Retiree Benefits Transfer In (09/10 thru 12/13) 1,861,314 Unfunded Retiree Benefits Transfer In (13/14) 1,500,000 Other Post-Employment Benefits Liability Transfer In (14/15) 1,500,000 Transfer to JPA (04/05 thru 08/09) (3,950,487) Transfer to CERBT (09/10 thru 12/13) (1,861,314) Transfer to CERBT (13/14) (1,500,000) Transfer to CERBT (14/15) (1,500,000)

Employee Contributions to Post-97 Health Benefits Reserve:Employee Contributions (12/13) 38,186 Employee Contributions (13/14) 73,948 Employee Contributions (14/15) 70,892 Employee Contributions (15/16) 36,596 Transfer to Post-97 Benefits Trust Reserve (219,622)

Medical Benefits Savings:Negotiated 05/06 Benefits Increase Transfer In (04/05) 500,000 04/05 Medical Savings (Retiree and Active) 3,890,883 05/06 Medical Savings (Retiree and Active) 2,266,477 06/07 Medical Savings (Retiree and Active) 1,510,225 07/08 Medical Savings (Retiree and Active) 2,406,980 07/08 Medical Savings (Retiree and Active)-retain in F114 to offset 08/09 operating deficit (2,406,980)

08/09 Medical Savings (Retiree and Active) 2,774,465 Transfer Out to General Fund to Cover 08/09 Medical Benefits Cost Increases (1,534,008)

11/12 Medical Savings (Retiree and Active) 812,977 12/13 Medical Savings (Retiree and Active) 120,692

Workers Comp Savings:04/05 Workers Comp Savings 945,777 05/06 Workers Comp Savings 626,619 06/07 Workers Comp Savings 288,414 07/08 Workers Comp Add'tl Costs (311,758) 07/08 Workers Comp Add'tl Costs-transfer to F114 311,758 08/09 Workers Comp Add'tl Savings 1,502,491

07/01/15 Beginning Balance: 13,975,268 $

Revenue 47,448,541 $ Expenses (47,448,541) Unfunded Retiree Benefits Transfer In (15/16) 2,500,000 Transfer to CERBT (15/16) (2,500,000) Projected 06/30/16 Ending Balance: 13,975,268 $

Summary of 06/30/16 Projected Ending BalanceExtended Sick Leave/Vacation Payout Reserve 273,254 $ Reserves 2,000,000 Held in Liability for Future Transfer to VEBA Trust for Post-97 Health Benefits Reserve 1,219,622 Restricted Ending Balance: 3,492,876 $

Unrestricted Fund Balance: 10,482,392 $

Total Projected 06/30/16 Ending Balance (Restricted and Unrestricted): 13,975,268 $

INTERNAL SERVICE FUND BALANCES

42




Contributions - Active Benefits 35,901,616 $ 35,901,616 $ 17,564,678 $ 49% 35,901,616 $ 0 $

Contributions - Retiree Benefits 6,772,007 6,772,007 3,150,910 47% 6,772,007 0

Employee Contributions 0 0 2,387,459 0% 4,774,918 (4,774,918)

TOTAL REVENUE 42,673,623 $ 42,673,623 $ 23,103,047 $ 54% 47,448,541 $ (4,774,918) $

EXPENSESMedical/Prescription/Vision/Dental 19,255,164 $ 19,255,164 $ 14,805,727 $ 77% 24,030,082 $ (4,774,918) $

Retirement 20,153,222 20,153,222 8,248,309 41% 20,153,222 0

Worker's Compensation 2,449,800 2,449,800 645,871 26% 2,449,800 0

Unemployment Insurance 216,600 216,600 78,807 36% 216,600 0

Other 598,838 598,838 638,149 107% 598,838 0

TOTAL EXPENSES 42,673,623 $ 42,673,623 $ 24,416,863 $ 57% 47,448,541 $ (4,774,918) $

Transfers-in 2,500,000 $ 2,500,000 $ 0 $ 0% 2,500,000 $ 0 $ Other Sources 0 0 0 0% 0 0 Transfers-out 0 0 0 0% 0 0 Contingency 0 0 0 0% 0 0 Other Outgo (2,500,000) (2,500,000) 0 0% (2,500,000) 0 TOTAL TRFs/OTHER SOURCES 0 $ 0 $ 0 $ 0% 0 $ 0 $

Net Change in Fund Balance 0 $ 0 $ (1,313,816) $ 0 $ 0 $ Beginning Balance, July 1 13,975,268 13,975,268 13,975,268 13,975,268 0 Adjustments to Beginning Balance 0 0 0 0 0 NET FUND BALANCE, June 30 13,975,268 $ 13,975,268 $ 12,661,452 $ 13,975,268 $ 0 $

FUND 600 - INTERNAL SERVICE

43


CAPITAL PROJECTS Fund 400

Each account in this fund represents a specific capital project of sufficient importance to warrant

separate accounting from the General Purpose Fund. All project budgets, budget transfers, and

actual project expenditures are reviewed by the Audit and Finance subcommittee of the Board and

then are approved by the Board of Trustees and, if appropriate, state agencies.

Budgets are reported on a project basis, whereas actual revenues and expenditures are accounted for

on both a project and fiscal year basis. Funding may come from either outside sources, such as state

sources, General Obligation Bonds, borrowings or donations, or from transferring resources from

internal funds that will receive the benefit from the assets being created. Plant Services assumes

fiscal responsibility for most of these financial accounts and reconciles these accounts with the

project cost accounting system. The district currently has a number of major capital outlay projects,

clean energy projects and scheduled maintenance projects either under construction or in various

queues.

Capital Projects:

The 2015/16 Budget Act provides $100 million for the Physical Plant and Instructional Support

program, while SB 81 provides an additional $48 million in current year funds to reduce the backlog

of deferred maintenance and/or to purchase instructional equipment. These resources will allow

districts to protect investments previously made in facilities, and to improve students’ experiences by

replenishing and investing in new instructional equipment. For 2015/16, the district will receive

$3,540,422 for Physical Plant & Instructional Support, for which no local match is required. Of this,

$2,663,816 is budgeted in the Capital Projects Fund and $876,606 is budgeted in the Restricted and

Categorical Fund.

At the November 2012 statewide general election, voters approved Proposition 39, the California

Clean Energy Jobs Act of 2012, which allocates revenue to local education agencies to support

energy efficiency and alternative energy projects, along with related improvements and repairs that

contribute to reduced operating costs and improved health and safety conditions in public schools.

Proposition 39 provides for annual transfers from the state’s general fund to the clean energy jobs

creation fund for a period of five years beginning in 2013/14 through 2017/18. For 2015/16, the

45


district will receive an allocation of $781,572 for energy efficiency and renewable generation

projects, which is budgeted in the Capital Projects Fund.

Measure E Projects:

On November 2, 1999, voters in the district's service area approved by a 71.9% margin a $248

million bond (Measure E) to renovate and expand college facilities to meet current health, safety and

instruction standards. The projects include replacing aging roofs and deteriorating plumbing and

electrical systems; refurbishing classrooms, science laboratories and restrooms; and constructing

science and high-tech computer labs, classrooms and school facilities. The district has already

completed the issuance of bonds in three series, Series A Bonds of $99.9 million, Series B Bonds of

$90.1 million, and Series C Bonds of $57.8 million.

Measure C Projects:

On June 6, 2006, voters in the district’s service area approved by a 65.69% margin a $490.8 million

General Obligation bond (Measure C). In May 2007, the district issued Series A bonds of $149.9

million and Series B bonds of $99.9 million. In June 2011, the district issued Measure C, Series C

bonds for $184 million. The bond measure will enable the district to upgrade electrical, heating, and

ventilation systems; upgrade fire/seismic safety; repair leaky roofs; improve disabled access;

repair/expand classrooms for nurses/paramedics; upgrade technology; and repair, construct, acquire,

and equip buildings, classrooms, libraries, sites, and science/computer labs.

Current Status:

The changes to the Capital Projects Fund for the second quarter include a revision to increase local revenue, with a corresponding increase to the capital outlay category, for the PG&E energy rebate incentive program ($450,000).

46




Federal Revenue 0 $ 0 $ 0 $ 0% 0 $ 0 $

State Revenue 3,629,037 3,629,037 1,385,185 38% 3,629,037 0

Local Revenue 462,500 912,500 497,839 55% 912,500 0

TOTAL REVENUE 4,091,537 $ 4,541,537 $ 1,883,024 $ 41% 4,541,537 $ 0 $






Capital Outlay 44,599,214 45,049,214 19,588,674 43% 45,049,214 0

TOTAL EXPENSES 57,353,157 $ 57,803,157 $ 23,229,711 $ 40% 57,911,322 $ (108,165) $

TRANSFERS AND OTHERTransfers-in 0 $ 0 $ 108,165 $ 0% 108,165 $ (108,165) $ Other Sources 0 0 0 0% 0 0 Transfers-out 0 0 0 0% 0 0 Contingency 0 0 0 0% 0 0 Other Outgo 0 0 0 0% 0 0 TOTAL TRFs/OTHER SOURCES 0 $ 0 $ 108,165 $ 0% 108,165 $ (108,165) $

FUND BALANCENet Change in Fund Balance (53,261,620) $ (53,261,620) $ (21,238,521) $ (53,261,620) $ 0 $ Beginning Balance, July 1 90,328,325 90,328,325 90,328,325 90,328,325 0 Adjustments to Beginning Balance 0 0 0 0 0 NET FUND BALANCE, June 30 37,066,705 $ 37,066,705 $ 69,089,804 $ 37,066,705 $ 0 $

FUND 400 - CAPITAL PROJECTS

47


DEBT SERVICE

Fund 200

This fund is for the repayment of current principal and interest due on the district’s general long-term

debt and lease arrangements (Certificates of Participation). Resources are generally transferred into

this fund from the fund or account that initiated the original debt or lease. This fund also accounts

for the legally required reserves mandated by the various debt or lease issuances.

The district has issued several major debt instruments in recent years to finance large capital

purchases. The debt instruments are as follows:

• May 2000: The district issued $99.9 million of the General Obligation Bond, Series A, with

effective interest rates of 4.25% to 6.26%. Payments of principal and interest are made August 1 and

February 1 of each year.

• October 2003: The district issued $90.1 million of the General Obligation Bond, Series B, with

effective interest rates of 2% to 5.79%. Payments of principal and interest are made August 1 and


• April 2005: The district entered into a capital lease agreement with CitiMortgage, Inc., since

acquired by PNCEF, LLC, to finance the purchase and installation of Photovoltaic Solar Collecting

Systems at Foothill College and De Anza College. The amount of the lease is $3,188,626 with a

repayment term of over fifteen years. Savings from the utility charges will be used to service the

debt payment each year.

• October 2005: The district refinanced a portion ($22,165,000) of the General Obligation Bond,

Series B (original value $90,100,063) with effective interest rates of 3% to 5.25%. Payments of

principal and interest are made August 1 and February 1 of each year.

• October 2005: The district issued $57.9 million of the General Obligation Bond, Series C, with

effective interest rates of 4.81% to 5.03%. Payments of principal and interest are made August 1 and


49


• November 2006: The district financed a Certificate of Participation for $11.33 million, with

effective interest rates of 3.5% to 5%. Payments of principal and interest are made on September 1

and March 1 of each year. The estimated annual payment is $1,020,254. The financed amount of

the COP will be used for the renovation portion of the Foothill and De Anza Campus Center

buildings and Foothill Bookstore Equipment, Furniture and Fixtures.

• May 2007: The district issued $149,995,250 of the Election of 2006 General Obligation Bond,

Series A, with effective interest rates of 4% to 5%. Payments of principal and interest are made

August 1 and February 1 of each year.

• May 2007: The district issued $99,996,686 of the Election of 2006 General Obligation Bond,

Series B, with effective interest rates of 4% to 5%. Payments of principal and interest are made

August 1 and February 1 of each year.

• June 2011: The district issued $184 million of the Election of 2006 General Obligation Bond,

Series C, with an effective interest rate of 5%. Payments of principal and interest are made August 1

and February 1 of each year.

• May 2012: The district issued a General Obligation Refunding Bond in an aggregate principal

amount of $70,735,000 to pay for the current refunding of a portion of the district’s outstanding 2002

General Obligation Refunding Bonds, the advance refunding of a portion of the district’s outstanding

Election of 1999 General Obligation Bonds, Series B, the advance refunding of a portion of the

district’s outstanding Election of 1999 General Obligation Bonds, Series C, with effective interest

rates of 0.25% to 5%. Payments of principal and interest are made August 1 and February 1 of each

year.

• August 2013: The district entered into a capital lease agreement with Capital One Public

Funding, LLC, to refinance the 2003 Certificate of Participation of $18.2 million. The refinanced

lease amount of $7.58 million constitutes the remainder of the refinanced $18.2 million COP with

effective interest rates of 1.75% for a term of eight years. Payments of principal and interest are

made on September 1 and March 1 of each year. The estimated annual payment is $1,155,260.

• August 2014: The district issued a General Obligation Refunding Bond in an aggregate principal

amount of $103,015,000, which will be used to refund portions of the district’s outstanding Election

50


of 1999 General Obligation Bonds, Series C, Election of 2006 General Obligation Bonds, Series A,

and Election of 2006 General Obligation Bonds, Series B, with effective interest rates of 0.86% to

3.36%. Payments of principal and interest are made August 1 and February 1 of each year.

• August 2015: The district issued a General Obligation Refunding Bond in an aggregate principal

amount of $83,100,000, which will be used to refund portions of the district’s outstanding Election

of 2006 General Obligation Bonds, Series A, and Election of 2006 General Obligation Bonds, Series

B, with effective interest rates of 1% to 5%. Payments of principal and interest are made August 1

and February 1 of each year.

51

Final Net Unres Gen Self-Sustaining Parking CampusPayment FY 2015/16 Fund Fund Fund Center Use Fees Foothill

Debt Instruments Due Payments Fund 114 Fund 115 Fund 125 Fund 128 Enterprise

$3.3M Energy Project Lease 01/2020 281,661 281,661 - - - - $7.5M Refunding Lease 09/2020 1,155,261 122,563 36,830 995,867 - - $11.3M COP, Financing 06/2021 1,064,273 - - - 1,032,344 31,928

Total Annual Payments 2,501,195$ 404,224$ 36,830$ 995,867$ 1,032,344$ 31,928$

Outstanding Principal Balance as 06/30/15 1,900,412$ 192,322$ 5,200,292$ 5,417,450$ 167,550$

52




Federal Revenue 0 $ 0 $ 0 $ 0% 0 $ 0 $


Local Revenue 31,903,095 31,903,095 2,667,057 8% 31,903,095 0

TOTAL REVENUE 31,903,095 $ 31,903,095 $ 2,667,057 $ 8% 31,903,095 $ 0 $


Classified Salaries 0 0 0 0% 0 0



Operating Expenses 0 0 0 0% 0 0


TOTAL EXPENSES 0 $ 0 $ 0 $ 0% 0 $ 0 $

TRANSFERS AND OTHERTransfers-in 2,469,266 $ 2,469,266 $ 685,190 $ 28% 2,469,266 $ 0 $ Other Sources 31,928 31,928 93,596,883 293148% 93,625,485 (93,593,557)Transfers-out 0 0 0 0% 0 0 Contingency 0 0 0 0% 0 0 Other Outgo (34,404,290) (34,404,290) (117,297,369) 341% (127,997,846) 93,593,557 TOTAL TRFs/OTHER SOURCES (31,903,095) $ (31,903,095) $ (23,015,295) $ 72% (31,903,095) $ 0 $

FUND BALANCENet Change in Fund Balance 0 $ 0 $ (20,348,239) $ 0 $ 0 $ Beginning Balance, July 1 27,183,391 27,183,391 27,183,391 27,183,391 0 Adjustments to Beginning Balance 0 0 0 0 0 NET FUND BALANCE, June 30 27,183,391 $ 27,183,391 $ 6,835,152 $ 27,183,391 $ 0 $

FUND 200 - DEBT SERVICE

53

SUPPLEMENTAL INFORMATION

55

RESOLUTION

BUDGET REVISIONS

Fund 114 - General Purpose Fund

Sources Account Series Uses Account Series0xxx - Revenue 157,010$ 1000 - Certificated Salaries 28,570$ 7000 - Transfers/Other Sources 12,628 2000 - Classified Salaries 27,561

3000 - Employee Benefits 7,687 5000 - Operating Expenses 103,542 7000 - Transfers/Other Outgo 2,278

Totals 169,638$ 169,638$

Sources Account Series Uses Account Series5000 - Operating Expenses 12,628$ 7000 - Transfers/Other Outgo 12,628$

Totals 12,628$ 12,628$

2016-05

The major elements of our budget revisions are listed below. The descriptions contain amounts for each type of budget revision; the tables represent the net revisions to each classification of expenditure.

Fund 121/131 - Restricted & Categorical FundThe major revisions to the Restricted & Categorical Fund include a transfer out to the General Purpose Fund to adjust prior year expenses for the Institutional Effectiveness grant (IEPI), with a corresponding decrease to the operating expenses category ($12,628).

The major revisions to the General Purpose Fund include an increase to campus revenue, with a corresponding increase to the operating expenses category ($83,775); an increase to local revenue for salary backfill received from the State Academic Senate, with corresponding increases to the certificated salaries and benefits categories ($34,334); an increase to local revenue for salary backfill received from the Foundation, with corresponding increases to the salaries and benefits categories ($20,018); an increase to local revenue received from De Anza Student Accounts for student tutors, with corresponding increases to the salaries and benefits categories ($11,745); an increase to local revenue for a procard rebate, with a corresponding increase to the operating expenses category ($3,288); a transfer in from the Restricted & Categorical Fund to adjust prior year expenses for the Institutional Effectiveness grant (IEPI), with a corresponding increase to the operating expenses category ($12,628); and a transfer out to the Special Education Fund for salary backfill, with corresponding decreases to the salaries and benefits expense categories ($2,278).

Whereas, Title V, Section 58199, requires that the total amount budgeted as the proposed expenditure of the district for each major classification of district expenditures listed in the district budget forms shall be the maximum amount which may be expended for that classification of expenditures for the school year, and

Whereas, the district has reserves in excess of the amount required by Board policy, and

Whereas, the Board of Trustees by resolution may provide for budget revisions,

Be it therefore resolved, that the budget revisions be approved as follows:

60

Sources Account Series Uses Account Series7000 - Transfers/Other Sources 2,278$ 1000 - Certificated Salaries 2,000$

3000 - Employee Benefits 278

Totals 2,278$ 2,278$

Sources Account Series Uses Account Series1000 - Certificated Salaries 22,694$ Increase in Fund Balance 27,900$ 3000 - Employee Benefits 5,206

Totals 27,900$ 27,900$

Sources Account Series Uses Account Series0xxx - Revenue 450,000$ 5000 - Operating Expenses 450,000$

Totals 450,000$ 450,000$

Sources Account Series Uses Account Series0xxx - Revenue 351,000$ 7000 - Transfers/Other Outgo 351,000$

Totals 351,000$ 351,000$

AYESNOESABSENT

Judy C. Miner, Ed.D.Secretary to the Board

Fund 700 - Student Financial Aid Fund

Fund 400 - Capital Projects Fund

Passed and adopted by the Governing Board of the Foothill-De Anza Community College District at a meeting held on March 7, 2016.

The major revisions to the Student Financial Aid Fund include an increase to state revenue for the Full-Time Student Success Grant (FTSSG), with a corresponding increase to student grants in aid ($351,000).

The major revisions to the Special Education Fund include a transfer in from the General Purpose Fund for salary backfill, with corresponding increases to the salaries and benefits expense categories ($2,278).

Fund 122 - Special Education Fund

Fund 128 - Campus Center Use Fees FundThe major revisions to the Campus Center Use Fees Fund include decreases to the certificated salaries and benefits categories, for a net increase to fund balance of $27,900.

The major revisions to the Capital Projects Fund include an increase to local revenue for the PG&E energy rebate incentive program, with a corresponding increase to the capital outlay category ($450,000).

61

RESOLUTION

BUDGET TRANSFERS

Fund 114 - General Purpose Fund

From Account Series To Account Series

5000 - Operating Expenses 920,965$ 1000 - Certificated Salaries 425,805$ 2000 - Classified Salaries 204,408 3000 - Employee Benefits 116,131 4000 - Materials and Supplies 172,620 6000 - Capital Outlay 2,000

Totals 920,965$ 920,965$

AYESNOESABSENT

Judy C. Miner, Ed.D.Secretary to the Board

Whereas, Title V, Section 58199, requires that the total amount budgeted as the proposed expenditure of the district for each major classification of district expenditures listed in the district budget forms shall be the maximum amount which may be expended for that classification of expenditures for the school year, and

Whereas, the Board of Trustees, by resolution, approved by a majority of the members, may provide for the transfer between expenditure classifications,

Be it therefore resolved, that transfers between expenditure classifications be approved as follows:

2016-06

Passed and adopted by the Governing Board of the Foothill-De Anza Community College District at a meeting held on March 7, 2016.

63

Fund Fund DescriptionBeginning

Balance Net ChangeEnding

Balance

Foothill Funds115000 Apprenticeship-Foothill 583,684 1,734,938 2,318,622 115001 Apprenticeship-Foothill Unrest cont 372,253 - 372,253 115002 Apprenticeship-Accounting - - - 115020 Celebrity Forum I - 08/09 season - - - 115021 Celebrity Forum I - 09/10 season - - - 115022 Celebrity Forum I - 10/11 season - - - 115023 FH-Celebrity Forum I - 11/12 Season - - - 115024 FH-Celebrity Forum I - 12/13 Season - - - 115025 FH-Celebrity Forum I - 13/14 Season - - - 115026 FH-Celebrity Forum I - 14/15 Season - - - 115027 FH-Celebrity Forum I - 15/16 Season (10,799) 234,380 223,581 115030 Celebrity Forum II - 08/09 season - - - 115031 Celebrity Forum II - 09/10 season - - - 115032 Celebrity Forum II - 10/11 season - - - 115033 FH-Celebrity Forum II 11/12 Season - - - 115034 F-Celebrity Forum II - 12/13 Season - - - 115035 F-Celebrity Forum II - 13/14 Season - - - 115036 F-Celebrity Forum II - 14/15 Season - - - 115037 F-Celebrity Forum II - 15/16 Season (11,121) 284,169 273,048 115040 Celebrity Forum III - 08/09 season - - - 115041 Celebrity Forum III - 09/10 season - - - 115042 Celebrity Forum III - 10/11 season - - - 115043 FH-Celebrity Forum III-11/12 Season - - - 115044 FH-Celebrity Forum III-12/13 Season - - - 115045 FH-Celebrity Forum III-13/14 Season - - - 115046 FH-Celebrity Forum III-14/15 Season - - - 115047 FH-Celebrity Forum III-15/16 Season (10,799) 228,981 218,182 115050 Anthropology - Field work 5,760 (48) 5,712 115051 Anthrop Campus Abroad Reserve 16,972 16,384 33,356 115052 Anthrop Campus Abroad-Belize 10 - - - 115053 Anthrop C Abroad-Ecuador Summer '11 - - - 115054 Anthrop C Abroad-Belize Summer '11 - - - 115055 FH Anth Cmps Abrd Ecuador Summer 12 - - - 115057 FH Anth Cmps Abrd Ecuador 14 - - - 115058 FH Anthro Program - Ireland 15 (24,792) 24,792 - 115062 Off-Cmp Short Courses Bus & Soc Sci - - - 115063 Off Cmp Short Courses Dental Hyg - - - 115105 FH-Youth Program 26,295 - 26,295 115111 Box Office - Foothill 66,077 - 66,077 115112 Xerox - Foothill 9,161 - 9,161 115113 Stage Studies - Foothill 18,748 - 18,748 115114 Drama Production-Foothill 61,634 24,262 85,896 115115 Facilities Rental-FH Fine Arts 169,047 55,878 224,925 115116 Vending - Foothill 1,387 529 1,916 115117 Facilities Rental Foothill 295,488 115,973 411,461 115119 International Programs 451,354 (65,354) 386,000 115120 FH International Student Health Ins 989 - 989 115121 Mental Health Operations Foothill 9,530 - 9,530 115122 FH International Student Hlth Svcs 22,080 - 22,080 115123 Edinburgh Fringe Festival - - - 115125 EMT Certification - - - 115126 FH-Music Theatre - - - 115127 FH Ctis Msdn Sftware 7,957 - 7,957 115129 Etudes Short Courses - - - 115132 FH Franklin University 1,027 - 1,027 115133 FH Fee Based PE Classes - - - 115134 EMT State Fire Marsh - - - 115135 Child Development Conference 9,086 - 9,086 115136 FH-Choral Program - - - 115138 KFJC Carrier 29,559 - 29,559 115139 Symphonic Wind Ensem - - - 115140 Creative Writing conference 2,362 - 2,362 115142 FH-MAA Health Services 151,329 - 151,329 115143 New Media Performances Foothill - - - 115144 EMT Paramedic Certification fee - - - 115145 FH Bio Health Tutor - - - 115146 FH-MAA Program 60,174 - 60,174 115147 Youth Program-Middlefield Campus 12,757 - 12,757 115148 Cafe-Middlefield Campus 26,152 466 26,618 115149 FH Community Education 26,742 (22,046) 4,696 115150 Center for Applied Competitive Tech - - - 115151 Contract Ed 55,129 31,364 86,492 115152 FH-THTR085 - - -

Fund 115 - Self-Sustaining FundFund Balance Report for Fiscal Year 2015-16

Ending Balance Reported as of December 31, 2015

65



Balance



Foothill Funds, con't.115171 President's Fund Foothill 96,418 (19,922) 76,496 115172 Palo Alto University - - - 115173 FH Community Ed (Short Courses) - - - 115174 FH-PSME Stanford Internship - - - 115175 FH-Athletics General 11,786 36,659 48,445 115176 FH-Athletics - Teams 106 - 106 115177 FH-Football 8,532 (713) 7,819 115178 FH-Men's Basketball 2,501 (454) 2,048 115179 FH-Women's Basketball 1,116 1,975 3,091 115180 FH-Softball 2,189 1,373 3,561 115181 FH-Volleyball 3,484 (707) 2,777 115182 FH-Aquatics 3,467 2,538 6,005 115183 FH-Dance 15,196 - 15,196 115184 FH-KCI Community Ed Classes 32,006 11,973 43,979 115185 FH-Physics Show - - - 115186 FH Tech Conference 4,050 6,270 10,320 115187 FH Food Concessionaires 38,606 77,340 115,946 115191 FH-Workforce Development 98,953 (12,000) 86,953 115192 FH-Corporate Internship Program 18,572 648 19,220 115300 FH-MAA Counseling & Matriculation 2,961 - 2,961

Foothill Total: 2,775,162 2,769,649 5,544,811

De Anza Funds115200 DA-La Voz Newspaper 13,805 (439) 13,366 115201 DA-Apprenticeship 52,383 (5,619) 46,764 115202 DA-MCNC/CACT Partnrs 5,248 - 5,248 115204 DA-Cheap 1,675 - 1,675 115205 DA-APALI 32,465 - 32,465 115206 DA-Job Fair 31,072 - 31,072 115207 DA-Telecourse Produc 719 - 719 115208 DA-Technology Rsces 9,979 (10) 9,969 115209 DA-Auto Tech 0 (2,532) (2,532) 115210 DA-Reprographics 181,561 (57,647) 123,914 115212 DA-Physical Educ 24,694 - 24,694 115213 DA-Ashland Field Trp 5,586 - 5,586 115214 DA-Sumr Bsktbll Camp -‐ - -‐ 115215 DA-Sculpture Fac Use -‐ - -‐ 115216 DA-Planetarium 489,978 10,756 500,734 115217 DA-Campus Abroad -‐ - -‐ 115218 DA-Short Courses -‐ - -‐ 115219 DA-Creative Arts Fac Use 5,592 - 5,592 115220 DA-Comm Serv Reserve -‐ - -‐ 115221 DA-Intl Student Ins 349,495 (48,771) 300,725 115222 DA-Extended Yr Progr 1,675,985 364,044 2,040,029 115223 DA-Math Perf Success -‐ - -‐ 115224 DA-Summer Karate Cmp 252 - 252 115225 DA-DLC Extended Lrng 11,932 - 11,932 115226 DA-Use Of Facilities 735,785 32,911 768,696 115227 DA-Library Print Card 683 - 683 115228 DA-Baseball 16,675 2,077 18,752 115229 DA-Audio Visual 3,685 - 3,685 115230 DA-RLCC Conference 1,673 - 1,673 115231 DA-Softball 911 3,146 4,057 115232 DA-Football 12,696 (9,749) 2,947 115233 DA-Men's Basketball 1,121 (513) 607 115234 DA-Women's Bsktball 2,164 2,811 4,974 115235 DA-Men's Soccer 19,703 (10,765) 8,938 115236 DA-Women's Soccer 3,299 2,502 5,800 115237 DA-Women's Swim/Divg -‐ - -‐ 115238 DA-Men's Tennis 201 - 201 115239 DA-Women's Tennis 1,965 830 2,795 115240 DA-Women's Trk & Fld 4,036 713 4,750 115241 DA-Women's Volleybll 10,785 (5,697) 5,088 115242 DA-Men's Water Polo -‐ - -‐ 115243 DA-Health Services 231,947 6,102 238,049 115244 DA-Soccer Camp 5,438 - 5,438

66



Balance



De Anza Funds, con't.115245 DA-Prevention Trust 16,916 2,596 19,513 115246 DA-Athletics Trust 10,427 27,169 37,596 115247 DA-ESL 1,968 - 1,968 115248 DA-Civic Engagement -‐ - -‐ 115249 DA President Fund 158 - 158 115252 DA-Intl Summer Progr 48,286 8,940 57,226 115253 OTI-MAA Program 68,467 (15) 68,452 115254 DA-ATM Services 46,500 1,000 47,500 115258 DA-Women's Water Polo -‐ - -‐ 115259 DA-Dist Learn Testing 4,027 (1,153) 2,874 115260 DA-Office of Instruction 4,348 - 4,348 115261 DA-Massage Therapy Proj 6,114 (6,653) (539) 115262 DA-Men's Track & Field 1,398 - 1,398 115263 DA-Women's Water Polo 14,556 1,463 16,019 115266 DA-Women's Badminton 8,908 2,947 11,855 115267 Equipment Room 130 - 130 115268 DA VPAC Facility Rent 129,230 (9,393) 119,838 115270 DA Campus Abroad - China -‐ - -‐ 115271 DA-Fitness Center Membership 104,042 11,946 115,988 115272 DA-Campus Abroad - Vietnam 5,963 (310) 5,653 115273 DA CDC Medical Admin Activits MAA 39,268 - 39,268 115274 DA-Vocal Music 2,871 493 3,364 115275 DA-Chamber Orchestra 2,655 259 2,914 115276 DA-Creative Arts 6,621 - 6,621 115277 DA-Dance 24,658 - 24,658 115278 DA-Jazz Instrumental 2,470 - 2,470 115279 DA-Patnoe 7,749 - 7,749 115280 DA-Wind Ensemble 976 290 1,266 115281 DA-Campus Abroad - Taiwan -‐ - -‐ 115282 DA-Veterans Program -‐ - -‐ 115283 PE Facilities Rental 198,865 24,169 223,034 115284 DA-Ceramics 6,755 2,579 9,334 115285 DA-Photography 477 - 477 115286 DA-Euphrat Museum 33,018 44,872 77,890 115287 DA-ePrint -‐ (3,118) (3,118) 115288 DA-PE Facilities Transfer -‐ 6,469 6,469 115289 DA-MCNC -‐ 1,258 1,258

De Anza Total: 4,743,010 399,957 5,142,967

District Funds115401 Intl Student Insurance - 2,984,097 2,984,097 115402 Crown Castle GT Cell Site - - - 115403 Loss Prevention - - - 115404 Foothill - AT&T Cell Site - - - 115406 Sprint Nextel FS04XC112 - - - 115407 Vending - - - 115408 Sprint Nextel CA0826-CA0832 - - - 115409 Verizon Wireless - - - 115410 SSC Consortium - - - 115411 NCCCCBO - - - 115412 Computer Loan Prog-Admin 200,000 - 200,000 115413 Computer Loan Prog-Fee 29,294 1,350 30,644 115414 Office of the Chancellor - - -

District Total: 229,294 2,985,447 3,214,741

Fund 115 Total: 7,747,466 6,155,053 13,902,519

67

Proj

ect

Proj

ect

Actu

alOu

tsta

ndin

gTo

tal

Avai

labl

eFu

ndOr

gani

zatio

nDe

scrip

tion

Budg

etEx

pend

iture

sEn

cum

bran

ces

Oblig

atio

ns B

alan

ce

Foot

hill

Proj

ects

4120

0113

3001

FH C

ampu

s Ce

nter

Pro

ject

s40

5,00

012

6,79

913

,346

140,

145

264,

855

4120

0211

0001

FH-F

acilit

ies/

Equi

pmen

t M

aint

enan

ce83

7,28

415

,618

28,5

6844

,186

793,

098

4120

0311

0001

FH A

thle

tic F

acilit

ies

Mai

nten

ance

200,

000

00

020

0,00

041

2004

1100

01FH

Foo

tbal

l Fie

ld R

epla

cem

ent

750,

000

749,

708

074

9,70

829

241

2005

1100

01FH

Soc

cer F

ield

Rep

lace

men

t20

0,00

00

00

200,

000

4120

0611

0001

FHDA

Ed

Cent

er E

q/Fa

cilit

ies

Mai

n50

0,00

00

00

500,

000

4120

0811

0001

FH S

afet

y &

Mai

nten

ance

Pro

ject

s1,

425,

000

00

01,

425,

000

4120

1111

4118

FH G

reen

hous

e Sa

fety

56,8

9329

,557

029

,557

27,3

3641

2023

1141

18St

Suc

cess

Off

ice

20,0

0016

,993

016

,993

3,00

741

2104

1141

18FH

Fac

ulty

Erg

onom

ic F

urni

ture

118,

784

111,

219

011

1,21

97,

565

4121

0711

4118

FH C

opie

r23

1,93

918

9,09

60

189,

096

42,8

4241

2109

1141

18FH

PFE

Gro

up 2

Equ

ipm

ent

170,

600

163,

498

016

3,49

87,

102

4121

1111

4118

Divi

sion

Offic

e Fu

rnitu

re74

3,14

269

3,16

60

693,

166

49,9

7641

2118

1141

18Eq

uipm

ent

Mea

sure

E94

0,73

268

0,20

00

680,

200

260,

532

4121

2241

2030

FH E

nerg

y M

eter

ing

53,3

491,

450

01,

450

51,8

9941

2125

1141

18M

C W

eigh

t Ro

om &

Sto

rage

36,6

3217

,607

017

,607

19,0

2541

2129

4120

30FH

Stu

dent

Ser

vice

s Eq

uipm

ent

658,

000

658,

000

065

8,00

00

4121

3011

4118

FH C

ampu

s Ce

nter

Equ

ipm

ent

218,

963

24,5

010

24,5

0119

4,46

241

2141

1141

1802

/04

FH In

stru

ctio

nal E

quip

men

t25

,806

9,03

60

9,03

616

,771

4121

5251

1036

FH P

arki

ng P

roje

cts

493,

563

487,

632

048

7,63

25,

931

4121

6411

4118

#671

5She

d PE

Eq

Sto

30,2

2620

,000

020

,000

10,2

2641

2165

1141

18FH

Con

stru

ctio

n M

iscel

lane

ous

178,

000

119,

861

011

9,86

158

,139

4121

6711

3006

FH S

cree

n Do

or73

,000

61,0

962,

835

63,9

319,

069

4121

6811

3006

FH L

ower

Cam

pus

Clea

n Up

100,

000

14,4

760

14,4

7685

,524

4121

7011

4118

FH P

roje

ct 0

950

0,00

041

,950

041

,950

458,

050

4123

0741

2030

FH P

lant

Equ

ipm

ent

294,

801

291,

816

029

1,81

62,

985

4125

0541

2030

FH F

ire A

larm

Sys

tem

Pha

se 3

4,70

44,

704

04,

704

041

2506

4120

30FH

Hor

ticul

ture

Wat

er R

ecyc

ling

50,0

007,

500

07,

500

42,5

0041

2507

4120

30FH

Ele

ctric

Veh

icle

Cha

rgin

gSta

tions

25,0

0011

,981

23,7

0035

,681

(10,

681)

Foot

hill

Proj

ects

Tot

al:

9,34

1,41

84,

547,

463

68,4

494,

615,

912

4,72

5,50

6De

Anz

a Pr

ojec

ts41

1108

2120

01DA

Chi

ld D

evel

opm

ent

Cent

er E

quip

men

t10

0,00

057

,684

057

,684

42,3

1641

1202

2110

01DA

Chi

ld D

evel

opm

ent

Cent

er5,

575,

182

5,57

3,46

30

5,57

3,46

31,

719

4112

0321

0002

DA-F

acilit

ies/

Equi

pmen

t M

aint

enan

ce2,

280,

560

398,

267

96,3

1449

4,58

11,

785,

979

4112

0723

8001

Lang

uage

Art

s La

b Eq

uipm

ent

75,0

0063

,070

063

,070

11,9

3041

1208

4120

30DA

Bird

Con

trol

Roo

f Rep

air

32,7

9531

,516

031

,516

1,27

941

1211

4120

30DA

Ene

rgy

Met

erin

g75

,324

1,45

00

1,45

073

,874

4112

1723

3001

Busin

ess

Divi

sion

L Qu

ad F

urni

ture

40,0

0040

,000

040

,000

041

1218

2300

02Fa

culty

Com

pute

r Rep

lace

men

t75

,000

31,6

680

31,6

6843

,332

4112

1921

1001

Mea

sure

E F

urni

ture

876,

794

778,

247

077

8,24

798

,548

4112

2223

9001

SS/P

ara

Smar

t Cl

ass

15,2

870.

000

0.00

15,2

8741

1223

2110

01DA

Mea

sure

E A

dmin

Cla

ssro

om15

0,00

014

5,58

60

145,

586

4,41

441

1229

4120

30DA

Mat

h La

b Eq

uipm

ent

836,

000

836,

000

083

6,00

00

4112

3021

1001

DA C

ampu

s Ce

nter

Equ

ipm

ent

405,

574

419,

656

041

9,65

6(1

4,08

2)41

1240

2110

01Pe

rfor

man

ce H

all G

roup

2 M

atch

233,

687

89,2

780

89,2

7814

4,40

941

1255

4120

30In

sfra

stru

ctur

e Al

low

ance

117,

394

92,3

190

92,3

1925

,075

4113

0841

2030

Corp

orat

ion

Yard

Ren

ovat

ion

139,

062

117,

451

011

7,45

121

,611

4115

0241

2030

DA B

uild

ing

Insu

latio

n3,

634

3,63

40

3,63

40

4115

0641

2030

DA A

TC B

oile

r Rep

lace

men

t38

0,00

038

4,39

57,

898

392,

293

(12,

293)

4115

0741

2030

DA C

ogen

Sys

tem

HHW

Mod

ifica

tions

119,

147

369,

745

10,3

7038

0,11

5(2

60,9

68)

4115

0841

2030

DA M

LC S

mal

l Chi

ller P

lant

100,

000

00

010

0,00

0De

Anz

a Pr

ojec

ts T

otal

:11

,630

,439

9,43

3,42

711

4,58

29,

548,

009

2,08

2,43

0

CAPI

TAL

PROJ

ECTS

SUM

MAR

YDe

cem

ber 3

1, 2

015

Proj

ect-

To-D

ate

Activ

ityBa

nner

68

Proj

ect

Proj

ect

Actu

alOu

tsta

ndin

gTo

tal

Avai

labl

eFu

ndOr

gani

zatio

nDe

scrip

tion

Budg

etEx

pend

iture

sEn

cum

bran

ces

Oblig

atio

ns B

alan

ce

CAPI

TAL

PROJ

ECTS

SUM

MAR

YDe

cem

ber 3

1, 2

015

Proj

ect-

To-D

ate

Activ

ityBa

nner

Cent

ral S

ervi

ces

Proj

ects

4101

0041

2030

DA A

TC T

empo

rary

Boi

ler R

enta

l50

,000

35,4

080

35,4

0814

,592

4101

2141

2030

FH P

arki

ng L

ot 2

A Re

pair

60,0

0049

,480

049

,480

10,5

2041

0122

4120

30DA

Rep

air S

anita

ry S

ewer

Sou

th S

ide

PE6

30,0

0052

,544

052

,544

(22,

544)

4101

2341

2030

FH &

DA

Swim

min

g Po

ol R

epai

r15

,000

18,9

780

18,9

78(3

,978

)41

0124

4120

30DA

Lift

Sta

tions

02,

325

2,17

54,

500

(4,5

00)

4115

0541

2030

DA S

tude

nt S

ervi

ces

MBX

71,7

0071

,700

071

,700

041

2066

4120

30Di

stric

t Ve

hicl

e Re

plac

emen

t17

8,74

817

8,74

80

178,

748

041

2504

4120

30FH

Cen

tral

Pla

nt M

BX93

,350

93,3

500

93,3

500

4130

2041

1001

Busin

ess

Serv

ices

Pro

ject

87,2

5687

,256

087

,256

041

3021

4110

01Ne

w D

istric

t Of

fice

Bldg

FF&

E 3,

123,

591

00

03,

123,

591

4131

2041

2030

NASA

Res

earc

h Pa

rk D

evel

opm

ent

Cost

00

00

041

3121

4120

30M

M D

W R

oadw

ay P

arki

ng W

alkw

ays

270,

000

114,

827

011

4,82

715

5,17

341

3122

4120

30M

M D

W U

tility

Infr

astr

uctu

re25

5,82

648

7,80

12,

340

490,

141

(234

,315

)41

3123

4120

30M

M D

W B

uild

ing

Mai

nten

ance

177,

941

184,

178

018

4,17

8(6

,237

)41

3124

4120

30FH

Gro

unds

Maj

or M

aint

enan

ce

50,7

1566

,052

7,60

073

,652

(22,

936)

4131

2541

2030

EEP

Proj

ect

Deve

lopm

ent

& M

anag

emnt

184,

855

181,

958

018

1,95

82,

897

4131

2641

2030

BMS

Upgr

ade

9,74

89,

748

09,

748

041

3127

4120

30Ca

rria

ge H

ouse

Wal

kway

75,0

0075

,000

075

,000

041

3128

4120

30Di

esel

Fue

l Tan

ks25

0,00

024

0,83

90

240,

839

9,16

141

3129

4120

30DW

Por

tabl

e Ba

ckup

Gen

erat

ors

175,

000

132,

451

013

2,45

142

,549

4131

3041

2030

DW P

lann

ing

& En

gine

erin

g Co

nsul

ting

Svc

100,

000

76,3

135,

155

81,4

6818

,532

4131

3241

2030

DW P

arki

ng S

truc

ture

Mai

nten

ance

100,

000

00

010

0,00

041

3133

4120

30DW

Ext

erio

r Bui

ldin

g Re

finish

ig10

0,00

00

00

100,

000

4131

3441

2030

Oniz

uka

AFS

Dem

oliti

on A

ctiv

ities

15,0

000

00

15,0

0041

3135

4120

30Pl

ant

Serv

ices

Rec

ord

Docu

men

t M

gmt

205,

000

218,

021

953

218,

974

(13,

974)

4131

3641

2030

Proj

ect

Deve

lopm

ent

and

Man

agem

ent

145,

000

153,

504

015

3,50

4(8

,504

)41

3138

4120

30FH

Gro

unds

& C

usto

dial

Bar

n Re

mod

el0

35,2

010

35,2

01(3

5,20

1)41

3406

4110

01Di

stric

t Of

fice/

Swin

g Sp

ace

1,35

0,00

01,

315,

124

01,

315,

124

34,8

7641

3500

4120

30En

ergy

Eff

icie

ncy

Prog

ram

175,

265

166,

336

016

6,33

68,

929

4135

0141

2030

Ener

gy C

onse

rvat

ion

Stud

y30

,000

22,7

150

22,7

157,

285

4135

0241

2030

EH &

S C

ompl

ianc

e27

1,13

925

6,91

46,

454

263,

368

7,77

141

3503

4120

30Ce

ntra

l Ser

vice

s Ve

ndin

g M

isr S

nsrs

00

00

041

3505

4120

30Bl

dgSy

stm

s M

easu

rem

ent&

Verif

icat

ion

30,0

0021

,675

021

,675

8,32

541

3506

4120

30Bu

ildin

g Co

ntro

ls Su

ppor

t Se

rvic

es0

7,75

40

7,75

4(7

,754

)41

3507

4120

30En

ergy

Sto

rage

Eva

luat

ion

Phas

e I

20,0

0015

,000

015

,000

5,00

041

3508

4120

30Pr

eP39

Cle

anEn

ergy

Pro

j Dev

elop

men

t50

,956

1,28

11,

646

2,92

748

,029

4135

1341

1001

Capi

tal P

roje

ct C

lear

ing

00

00

041

4305

4310

06ET

S Co

mm

issio

ning

304,

970

304,

970

030

4,97

00

4143

0641

1001

Data

Cen

ter E

TS E

quip

men

t84

8,19

018

3,91

555

,472

239,

387

608,

803

4143

0743

1006

Emer

genc

yCom

mun

icat

ionS

ysCo

nsul

ting

117,

220

53,9

02-4

,000

49,9

0267

,318

Cent

ral S

ervi

ces

Proj

ects

Tot

al:

9,02

1,46

94,

915,

265

77,7

954,

993,

060

4,02

8,40

9

69

Proj

ect

Proj

ect

Actu

alOu

tsta

ndin

gTo

tal

Avai

labl

eFu

ndOr

gani

zatio

nDe

scrip

tion

Budg

etEx

pend

iture

sEn

cum

bran

ces

Oblig

atio

ns B

alan

ce

CAPI

TAL

PROJ

ECTS

SUM

MAR

YDe

cem

ber 3

1, 2

015

Proj

ect-

To-D

ate

Activ

ityBa

nner

Sche

dule

d M

aint

enan

ce47

1003

2110

0113

/14S

M D

A Re

-roo

f Cam

pusw

ide

C236

E20

0,00

020

0,00

00

200,

000

047

1004

2110

0114

/15S

M D

A Ro

of R

epla

cem

ent

L7 C

202

228,

426

170,

579

165,

206

335,

785

(107

,359

)47

1005

2110

0114

/15S

M D

A Li

brar

y HV

AC R

plc

C216

634,

000

634,

000

063

4,00

00

4710

0621

1001

14/1

5SM

DA

ESAE

coLa

b Ro

ofRp

lc C

200Q

74,5

1155

,618

31,8

6487

,482

(12,

971)

4710

0721

1001

14/1

5SM

DARp

ntEx

tSci

ence

CtrB

ldSC

123

217,

047

208,

999

9,40

821

8,40

7(1

,360

)47

1008

2110

0114

/15S

MDA

Rplc

Chille

rSci

ence

CtrS

C237

9,75

632

2,16

290

,500

412,

661

(32,

906)

4710

0921

1001

14/1

5SM

DA P

ool B

oile

r Mec

hUpg

rade

s11

5,97

511

4,97

51,

000

115,

975

047

1010

2110

0114

/15S

MDA

Ref

inish

Floo

rsPE

Bldg

C200

G12

,759

12,7

410

12,7

4118

4710

1221

1001

14/1

5SM

DA

HVAC

Rep

lace

men

t L7

C20

233

5,78

533

5,78

50

335,

785

047

1013

2110

0115

/16S

MDA

Roof

topc

urbS

tr(S

ciCt

rSC2

)0

162,

483

13,8

4117

6,32

4(1

76,3

24)

4720

0411

0001

13/1

4SM

FHEM

SMig

ratio

nCam

pusw

ideC

105

187,

438

187,

438

018

7,43

80

4720

0511

0001

14/1

5SM

FHUp

grad

eFire

Alar

mCW

PH3

C174

337,

510

337,

510

033

7,51

00

4720

0611

0001

14/1

5SM

FH

Libr

ary

Roof

Rpl

c C1

2148

6,85

748

6,85

70

486,

857

047

2007

4120

3008

-09

Sche

dule

d M

aint

enan

ce S

B113

312

1,35

90

00

121,

359

4720

0811

0001

14/1

5SM

FH R

efin

ish G

ym F

loor

s C1

00H

10,0

6510

,065

010

,065

047

2010

1100

0114

/15S

M F

H Ro

of R

epla

cem

ent

Bld5

600

00

00

047

2019

1100

0114

/15S

MFH

Roof

Repl

acem

entB

ld56

00C1

0540

0,00

039

9,99

00

399,

990

1047

3001

4120

3000

Dist

rict

Sche

dule

d M

aint

enan

ce94

6,96

694

6,96

60

946,

966

047

3002

4120

3013

/14

Sche

dule

d M

aint

One

-Tim

e Po

ol0

00

00

4730

0341

2030

14/1

5 Sc

hedu

led

Mai

nt O

ne-T

ime

Pool

00

00

047

3004

4120

3015

/16

Sche

dule

d M

aint

One

-Tim

e Po

ol1,

385,

185

00

01,

385,

185

Sche

dule

d M

aint

enan

ce P

roje

cts

Tota

l:6,

073,

638

4,58

6,16

831

1,81

94,

897,

987

1,17

5,65

1St

ate

Prop

ositi

on

4150

0141

2030

Stat

e Pr

opos

ition

Fun

d0

00

00

4151

0211

0001

FH B

ldg

2500

Gym

Lig

htin

g Re

trof

its75

,829

70,8

573,

918

74,7

751,

055

4151

0411

0001

14/1

5Lib

rary

Boilr

Rplc

&Pum

pUpg

rdC1

2119

8,08

419

8,08

40

198,

084

041

5105

1100

01FY

14/1

5 FH

B26

00 B

ym L

ight

ing

LEDs

115,

357

108,

068

5,70

811

3,77

51,

582

4152

0221

1001

DA P

ool H

eatin

g Re

trof

it71

3,85

371

3,85

30

713,

853

041

5204

2110

01FY

14/1

5DAS

cien

ceCt

rChi

ller S

M47

1008

405,

001

275,

889

129,

012

404,

901

100

4152

0521

1001

14/1

5Lib

rary

AHUs

Prem

ium

EffM

otrs

C216

6,40

06,

400

06,

400

041

5206

2110

0114

/15L

ibra

ryAH

U2/4

/9/1

0VAV

Upgr

dC21

626

,209

26,2

090

26,2

090

4153

0241

2030

DW A

SHRA

E Le

vel 2

Ene

rgy

Audi

t20

0,00

010

9,78

690

,214

200,

000

0

Stat

e Pr

opos

ition

Pro

ject

s To

tal:

1,74

0,73

41,

509,

146

228,

851

1,73

7,99

72,

736

Tota

l37

,807

,698

24,9

91,4

7080

1,49

625

,792

,966

12,0

14,7

32

70

CAPITAL PROJECTS

• The second quarter Measure C supplemental reports will be posted on the BoardDocs website at the following URL: http://www.boarddocs.com/ca/fhda/Board.nsf/Public Under Active Meetings, click “2016” and select “February 23, 2016 (Tue).” Then click on “View the Agenda” and select “Projects Financial Update.” From here, click the attachment to launch the reports. The Measure C reports will be available for viewing by Tuesday, February 23, 2016.

(Please note that the Citizens’ Bond Oversight Committee agendas, meeting minutes, annual reports and audit reports issued prior to June 10, 2014 can be accessed through the Measure C website at: http://measurec.fhda.edu/meeting-minutes-agendas/ .)

• The second quarter Measure E supplemental report will be posted on the BoardDocs website at the following URL: http://www.boarddocs.com/ca/fhda/Board.nsf/Public Under Active Meetings, click “2016” and select “March 10, 2016 (Thu).” Then click on “View the Agenda” and select “Measure E Projects Report.” From here, click the attachment to launch the report.

The Measure E report will be available for viewing by Thursday, March 10, 2016.

71

2nd qtr 15-16business.fhda.edu/_downloads/2nd quarter report 15-16.pdf · 2016-02-24 · 2015/16...

Documents