February 13, 2025

Time	Agenda Item	A/D/I/R | Discussion Leader	Draft Notes
2:00	Approve the notes from 12/05/2024	A Co/Vice Chairs	The notes were approved.
2:05	Welcome new CSEA rep Garrett King	All	Welcomed new member Garrett King, though he was unable to attend
	FY25/26 Governor’s January Budget Summary   2025 Joint Analysis of the Governor's Budget Proposal – Additional information January 15, 2025	I/D Varela	Overview of the state budget process and timeline: Governor's proposal released in January. Revised budget released in May. Finalized by June, starting new fiscal year on July 1. Increase in the overall state budget by 8%, ($32.3 billion). COLA 2.43% for apportionment. COLA $28.7 million for select categorial/adult ed. programs. 0.5% systemwide enrollment growth. Governor approved funding from Proposition 51 & 2 for a $40 million De Anza Physical Education Complex renovation (requiring 20% matching funds). Read Joint Analysis for more information.
	FY24/25 De Anza Second Quarter Update & FY25/26 Projections	I/D Varela	FY24/25 projections  were $18k ending fund balance (EFB). Minor changes from adopted budget, with an increase in float mainly due to unfilled classified positions. Revised EFB of $122k. FY25/26 carryforward only projected $122k. EFB projections negative $1,672,768. Potential $1m in certificated salary savings this year, with negotiations to secure the full amount.  Future adjustments may be needed based on new leadership initiatives. Revisions ongoing for 3rd quarter update & tentative budget.
2:45	Quick News/Agenda Items	All	No additional agenda items were raised.

A = Action
D = Discussion
I = Information
BAC supporting documents are posted here: Budget Advisory Committee Documents
Previous General Funds Released to RAPP in Accordance with the Shared Governance Process
Budget Advisory Committee (BAC)
Resource Allocation and Program Planning (RAPP)