FY 2018 Funding Formula Booklet 2_21_18

MISSISSIPPI PUBLIC COMMUNITY & JR. COLLEGES General and Education Enhancement Funds (Conference Report on 2/25/17) (Fi al) S.B. 2964 - (Support Appropriation)

Before Cuts

GENERAL

2018

2017

INCREASE/ (DECREASE)

CAPITAL

SF - INSURANCE CARRYFORWARD

FY 2018

FUND

ONE CENT EEF

TOTAL

TOTAL

EXPENSE FUND

FORMULA Sections 1 & 2

147,283,438

0

0

40,658,341

187,941,779

210,990,085

(23,048,306)

LINE ITEMS:

-

HEALTH AND LIFE INSURANCE INSURANCE CARRYOVER FUND WORKFORCE DEV. CTR. SIGN LANG. INTERPRETER EDUCATION TECHNOLOGY ADVANCED TRAINING CENTERS REPAIRS AND RENOVATIONS DROPOUT RECOVERY INITIATIVE

23,556,000

0 0 0 0 0 0 0 0 0 0

23,556,000 380,000 4,500,000 179,050 7,099,160 2,250,000 3,000,000 2,556,922 43,521,132 231,462,911 259,511,217 (28,048,306) -10.81% 257811217 0

22,236,000 1,700,000 4,500,000 179,050 7,099,160 2,250,000 5,000,000 3,000,000 2,556,922 48,521,132

1,320,000 (1,320,000)

-

380,000

4,500,000 179,050 7,099,160 2,250,000

- - - - - -

-

0

(5,000,000)

3,000,000

A.D. NURSING & ALLIED HEALTH PROGRAMS (Section 16) 2,556,922

TOTAL LINE ITEMS

43,141,132

0

380,000

(5,000,000)

FORMULA + LINE ITEMS GRAND TOTAL FY 2017

190,424,570 212,047,932 (21,623,362)

0

380,000 1,700,000 (1,320,000)

40,658,341 40,763,285 (104,944)

259,511,217

(28,048,306)

FY 2017

5,000,000 (5,000,000) -100.00%

$ FY 2018 > FY 2017 % FY 2018 > FY 2017

-10.20%

-77.65%

-0.26%

Section 9 Health Insurance Carryover Fund was increased from $1,410,000 in FY 2016 to $1,700,000 in FY 2017. Section 14 includes the same 10 Performance Measures as in FY 2017. Most of these Performance Measures come off the CJC Report Card. SB 2964 provides no funding for repairs and renovations. In FY 2017 the colleges were appropriated $5,000,000 from the Capital Expense Fund. Section 18 continues to include Utilities language - "none of the funds provided herein shall be used to pay certain utilities for state furnished housing and employees." Section 19 includes language to give a preference in purchasing to the Mississippi Industries for the Blind. Section 20 states that it is the intention of the Legislature that the community colleges shall maintain complete accounting and personnel records related to the expenditure of all funds appropriated. Section 21 is in the bill for the fourth year. It states that no state agency shall incur obligations or indebtedness in excess of the appropriation and the responsible officers, either personally or upon their official bonds, shall be held responsible for actions contrary to this prevision.

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