Executive Summary
Summary of 22/23 Revenue and Expenses
Special Sessions (all degree programs)
$6,226,293
Summer Session (22/23)
$4,395,060
Winter Session (23)
$1,299,284
Open University (Fall 22, Spring 23)
$224,465
American Language and Culture Program (ALCP)
$127,768
Non-Credit/Continuing Education Units (CEUs)
$17,562
Contract Extension (Teacher Education)
$76,575
Revenue from Investments
$122,855
Total Gross Revenue
$12,489,862
Total Projected Uses of Funds (Expenses)
$10,681,517
Cost Allocation Plan/Cost Recovery
$1,787,581
Total Costs and Uses of Funds
$12,469,098
Projected FY 22/23 Revenue Less Expenses
$20,764
• FY 22/23 projections suggest stable revenue aligned with enrollment trends in recent years • Special Session degree program enrollment is projected to be relatively stable; ongoing attention to marketing, recruitment, and strategic enrollment management is critical; variable enrollment in particular programs is expected to be offset by launch of the undergraduate degree completion program in Leadership Studies • Summer Session enrollment is projected to be relatively stable; gross revenue may vary based on number of GI2025-funded fee waivers; EE will continue to fund 150 fee waivers ($150,000) across Summer and Winter session programs as aligned with GI2025 priorities • Winter Session enrollment is projected to increase slightly based on recent enrollment patterns • Open University enrollment is projected to increase slightly as opportunities to complete courses through OU prior to transfer/graduate enrollment are more widely shared; ALCP enrollment is also projected to increase slightly based on marketing of Study At opportunities • Positions budgeted for/to be filled include Director of Program Development & Administration, Director of Innovation and Workforce Development (Stockton), EES I, ASA II (Turlock), ASC I (Stockton) • EE will continue to provide self-support degree programs at the Stockton campus (ASBSN, BASS, CJ, HS, and MSW Hybrid) and support development of new degree, certificate, and professional development programs as aligned with San Joaquin County workforce need • A business and strategic plan for ALCP will be developed to outline future expectations • Revenue projections associated with new programs and portfolio areas referred to below will be reflected in the FY 23/24 business plan
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