REVENUE                              
Current Taxes                              
  4 year average of increase in Property Tax is 3.112%                        
  FY0506 4.92% increase projected       4.2% FY07 and after                  
                                 
Prior Year Taxes                              
Uncollected Property Taxes                            
  3.0% increase FY07 and after                            
                                   
State Appropriation                              
Based on Funding Distribution Formula Components                          
    FTE   Weighted 30/30/40% Thawing frozen FTE                  
    Moving from historic share of public resources to full equity funding                      
  Property Taxes   Included in public resources                    
  Growth   Under discussion, no changes projected                  
  Move to Equity   1/6 per year                      
  Appropriation   6% statewide increase                      
  projected at 6% statewide increase 07-09, same as this biennium                      
                                   
Tuition/Fees                              
  Credit Tuition                              
    Minimize rate changes to maintain access                          
    General Fund gets about 93% of credit rate for In-state, balance is student activities fees                  
  Rate change assumed to be 4.8% ($3.00/credit)                          
  FTE changes for Tuition generating courses are assumed to be 0%                      
                                   
  Non-Credit Tuition                              
  Approx $333,000 - no significant change                            
                                   
  Other Fees                              
  No changes                              
                                   
                                   
Other Revenue                              
  Interest, Application fees, Indirect, Misc                            
  No changes                              
Federal Revenue                              
  Adult Basic Ed-Title II-Comprehensive                          
  No changes                              
Transfers-In                              
  Overhead and 6% of Profit from Enterprise Funds                          
  East Linn (Lebanon Center) Partner Rental-net of costs                        
  No changes                              
Expenses                    
                         
PERSONAL SERVICES                              
                                   
  Salaries                              
    Increases according to contracts   CC 4.2%, MC 3.25% FY2005-2006                
    Open contracts Estimated   FC 5.0%, MC 4.2% Sample                  
    Non-Contracted     FP,CP,MP 3.5%   FIM 0.0145                
  Benefits           FIO 0.062                
  Salary related benefits           LIF 0.0042                
  PERS Composite rates     Cont PERS 0.2249 LTD 0.0044                
  OPSRP       Cont OPSRP 0.2463 RE2 0.059[1]                
  PERS-UAL district       NC PERS 0.1498 RE4 0.0745[2]                
  Soc Security       NC OPSRP 0.1605 UEI 0.0036                
  Medicare           WC 0.0027                
  Increases at composit rates           TOTAL 0.2249                
  Benefits unrelated to Salary                                
  Health Insurance-Medical, Dental, Vision       1 Party-CC 2 Party-CC Family-CC                  
10-15% increase per year       5,532.36 10,503.47 12,779.54                  
                             
                               
MATERIALS/SERVICES                                
                               
  Adjusted for inflation only     2.0% per year                      
Utilities, double inflation     4.0% per year                      
                               
CAPITAL OUTLAY   Adjusted for inflation only 2.0% per year                      
                                 
TRANSFERS OUT                              
  Technology Depreciation Reserve $585000 per year                                
    Annual expenses just under annual transfer + interest                      
    Funds computers, networks, printers, and other computer infrastructure, a portion funds equipment Dec. Packgs.              
  Capital Depreciation Reserve (04-05 through 08-09) 200,000/yr.                                
    Annual expenses have exceeded annual transfer + interest                      
    Funds major maintenance, which is not bond eligible                      
  Financial Aid FY05-06 $272,000/year, indexed to tuition rate                                
  Roof Reserve $28,375/year                                
  At this rate will have 50% of resources to overlay roof membrane in 2019                                
    $99,405 per year would provide resources to complete overlay and other roofing types in 2018                  
CONTINGENCY - DESIGNATED                                  
  Board Minimum Ending Fund Balance-8% of Resources                      
                                   
UNDESIGNATED CONTINGENCY                            
  Net excess(deficit) of Resources over Requirements                          
                                   
DECISION PACKAGES:                                  
  Adjustments to rollover budgets                            
ONGOING Personal Services                            
  Workload taskforce budget impact 2006-2007   $280,000                      
ONETIME Materials & Services                            
  Spendout of WEB fire insurance proceeds     $92,000                      
[1]
Rate paid direct to PERS
[2]
revised based on debt service for pension bond