FY12
The above documents are provided as a reference to learn about and understand the budget process at GCC.
The final decisions are a culmination of months of review and analysis of budget requests and how they relate to the Strategic Plan and Goals of GCC, as well as available funding.
FUND 2 - STUDENT ACTIVITIES There is currently $1.2 million, one-time only money in the former Fund 2 category. These non-renewable funds are intended for expenditures that directly impact students.
The committee, which includes VP Alberto Sanchez, Dean Osaro Ighodaro, Herman Gonzalez, Director of Fiscal Services, faculty member Karen Conzelman, and two student government representatives, convened and recommended that a maximum of $200,000 per year for six years be expended from this fund. The attachment shows the allocations for FY12.
BUILDING & GROUNDS The FY12 Budget approval process allowed for approval of Buildings & Grounds projects from FY11 which had yet to be completed to be approved from available FY11 funds.
The FY11 B&G approvals are included in the FY12 attachment.
FURNITURE The FY12 Budget approval process allowed for approval of Furniture, Fixtures & Equipment projects from FY11 which had yet to be completed to be approved from available FY11 funds.
The FY11 Furniture approvals are in addition to what was approved during the FY11 budget approval process.
CAPITAL Funds for capital expenditures come from a separate fund than operational dollars and can be used only for capital purchases. There are operational and instructional (occupational bond) capital accounts.
