Budget Committee
April 26, 2017
Agenda
Y
Election of Chair/Vice Chair
Y
Budget Committee Responsibilities
Y
Presentation of Budget Message and
Budget Document
Y
Responses to Information Requests
Y
Committee Discussion
Y
Information requests
Y
Proposed Budget Committee Calendar
Purpose of the Committee
Y
Conduct public hearings to hear budget
message and review the budget
Y
Listen to comments and questions from the
public
Y
Consider public input in budget deliberations
Y
Approve the property tax rate to submit to
assessor
Y
Approve budget and recommend to the
governing body
Legal Mandates
Y
Must hold at least one meeting to :


Receive the budget document
Provide opportunity for public input
Y
Must have a quorum (more than one half) to
hold a meeting
Y
Cannot approve personnel, employee contracts,
or salary levels
What can the budget committee
do with the budget?
Y
Y
Y
“. .Budget committees role is not to directly
establish or eliminate specific programs or
services . .” (Oregon Department of Revenue
Local Budgeting in Oregon p.11)
Governing bodies responsible for setting budget
parameters.
By majority vote “may add or delete funding for
specific services” but final authority rests with
governing body.
Lane Community College Funds
General
Fund I
Administratively
Restricted Fund
IX
Internal
Service
Fund II
Debt Service
Fund III
Capital
Projects
Fund IV
Financial
Aid Fund V
Main
operations
fund
Community
Services
Printing &
Graphics
General
Capital
Projects
Student
Financial
Aid
Income
Credit
Program
Instruction
Health
Services
Flight
Service
Technology
Warehouse
Services
QEC Bonds
Major
Maintenance
Federal
Work Study
Instruction
The Torch
Telephone
Services
Technology
Child &
Family
Motor Pool
Women’s
Programs
Employee
Wellness
GO Bonds
Recovery
Zone Bonds
Pension
Obligation
Bonds
Deferred
Maintenance
Bond
Projects
Plant
Additions
Enterprise
Fund VI
Bookstore
Downtown
Housing
Food
Services
Hospitality &
Conference
Services
International
Student
Program
Special Revenue
Fund VIII
Grant
Funds
Contract
Funds
Community
Projects
Proposed Budget Committee Calendar
Y
4/26/17 Budget Committee Meeting, 5:30 pm
Budget Message, Proposed Budget Document distributed
Y
Y
Y
5/03/17 Budget Committee Meeting, 5:30 pm
Public Comment
5/10/17 Budget Committee Meeting, 5 pm (if necessary)
Public Comment
Board Meeting, 6:30 pm
6/14/17 Board Meeting, 6:30 pm: Public Budget Hearing
Board adopts budget, appropriates funds, levies taxes
Resources
Budget Web Site
www/lanecc.edu/budget
Greg Holmes
[email protected]
541.463.5516
Brian Kelly
[email protected]
541.463.5310