College Budget
Additional information on budget and other financial reports are available on the Financial Reports website.
Fiscal Year Budget Overview
Annually, the College prepares a budget based on projected enrollment, revenues, and expenses. The budget is developed through a series of Governing Board actions and discussions, which occur during the preceding fiscal year. These items include the budget forecast, strategic priorities, tuition & fees, capital projects, and contracts, forming the foundation of the final budget.
The final budget is submitted to the Governing Board for adoption in June of each year. The fiscal year begins July 1 and ends June 30.
Below are the most recent documents and timelines used in the annual budget process.
September 2023
- On September 19, 2023, the Executive Vice Chancellor for Finance and Administration met with the Student Senate to review and discuss a presentation on PCC Tuition & Service Fees.
October 2023
- The Fiscal Year 2023-2024 Budget Development Calendar was presented to the Governing Board for Information on October 4, 2023.
- On October 5, 2023, the Executive Leadership Team reviewed and discussed a presentation on the Fiscal Year 2025 and Beyond: Budget Forecast.
December 2023
- The December 4, 2023, Governing Board Study Session included a presentation and discussion on the Fiscal Year 2025 and Beyond: Budget Forecast. Video of the meeting can be found here.
- The Executive Vice Chancellor for Finance and Administration met with members of the All Employee Representative Council (AERC) throughout the month, including Full Time Faculty on December 12th, Staff Employees on December 5th, and Adjunct Faculty on December 8th, to discuss budget priorities.
January 2024
- The Annual Comprehensive Financial Report for the Fiscal Year Ended June 30, 2023, was presented to the Governing Board at their meeting on January 10, 2024. Video of the meeting is available online.
February 2024
- On February 19, 2024, the Governing Board held a Study Session for the Fiscal Year 2025 Budget Discussion. Topics included Fiscal Year 2025 budget parameters and right-sizing the institution, and feedback was provided by the Governing Board. Video of the meeting is available online.
March 2024
- The March 1, 2024, Faculty Senate meeting included a discussion on the Fiscal Year 2025 budget.
- On March 13, 2024, the Governing Board set tuition and service fees for Academic Year 2024-2025 and provided direction on the budget parameters for Fiscal Year 2025. Video of the meeting is available online.
April 2024
- The April 3, 2024, Governing Board meeting included the review and approval of various employee benefits items. Video of the meeting is available online.
- The April 22, 2024, Governing Board Study Session will include the Administrators' Compensation Overview presentation. Video of the meeting will be available online.
- On April 26, 2024, Dr. David Bea will host the first of two Virtual Budget Forums for College employees.
- On April 30, 2024, Dr. David Bea will host the second Virtual Budget Forum for College employees.
May 2024
- On May 8, 2024, the Governing Board will review requests to approve the:
- The Fiscal Year 2025 Capital Project Plan, and
- Publication of the Fiscal Year 2025 Proposed Budget and Truth in Taxation Notification.
September 2022
- An update on the implementation of the new Classification and Compensation structure was provided to the Governing Board on September 14, 2022.
October 2022
- The Executive Leadership Team reviewed and discussed a presentation on the Budget Forecast and the Three-Year Budget Plan.
November 2022
- The Fiscal Year 2023-2024 Budget Development Calendar was presented to the Governing Board for Information on November 9, 2022.
- An update on the Classification and Compensation Study was presented at the November 14, 2022 Governing Board Study Session. Further, the Governing Board reviewed and discussed the Budget Forecast and Three-Year Budget Plan. Video of the meeting is available online.
January 2023
- The Annual Comprehensive Financial Report for the year ended June 30, 2022, was presented to the Governing Board on January 11, 2023. Video of the meeting is available online.
- On January 30, 2023:
- Finance and Administration provided a Department Overview and Priorities presentation at the New Governing Board Orientation. Video of the orientation is available online.
- A presentation on PCC's Financial Structure and Budgeting Overview was provided to the Governing Board at their Study Session. Video of the meeting is available online.
February 2023
- On February 20, 2023, the Governing Board held a Study Session for the Fiscal Year 2024 Budget Discussion. Topics included Fiscal Year 2024 budget parameters and right-sizing the institution, and feedback was provided by the Governing Board. Video of the meeting is available online.
March 2023
- The March 3, 2023, Faculty Senate meeting included a Financial Reporting and Budget Discussion.
- The March 8, 2023, Governing Board meeting included several components of the budget development process, including:
- Setting tuition and service fees for Academic Year 2023-2024, and
- Approving various items related to employee benefits.
Video of the meeting is available online.
- An update on Classification and Compensation was presented to the Governing Board at their March 22, 2023, Study Session. Topics included an overview of the study, a summary of the progress made on employee compensation, and feedback from the All Employee Representative Council. Video of the meeting is available online.
April 2023
- The April 24, 2023, Governing Board Study Session included a discussion on Fiscal Year 2024 budget development. Revenue projections and expenditure priorities were discussed, and the Governing Board provided feedback. Video of the meeting is available online.
May 2023
- On May 10, 2023, the Governing Board approved the:
- On May 17, 2023, Dr. David Bea hosted the first of two Virtual Budget Forums for College employees.
- On May 19, 2023, Dr. David Bea hosted the second Virtual Budget Forum for College employees.
- The proposed budget and 'Truth in Taxation - Notice of Tax Increase' were published in the Arizona Daily Star on May 30, 2023. A press release was also be distributed, as required by Arizona Revised Statutes.
June 2023
- The proposed budget and 'Truth in Taxation - Notice of Tax Increase' were published for a second time in the Arizona Daily Star on June 6, 2023, as required by Arizona Revised Statutes.
- On June 14, 2023, the Governing Board held a Public Hearing and a Special Meeting for the purposes of setting property tax rates and levies and adopting the budget for Fiscal Year 2023-2024. Video of the meeting is available online.
July 2023
- On July 1, 2023, the 2023-2024 budget was implemented for the new fiscal year. The 2023-2024 General Fund Budget Detail will be available online.
September 2021
- Initial budget conversations began with various College administrative groups. A Financial Overview and Budget Discussion was held on September 30, 2021, with the Pima Administrative Council.
November 2021
- The Fiscal Year 2022-2023 Budget Development Calendar was provided to the Governing Board at their meeting on November 10, 2021.
- On November 29, 2021, the Governing Board reviewed and discussed the Fiscal Year 2023 Budget Overview. Video of the meeting is available online.
December 2021
- A presentation on the Comprehensive Integrated Energy Management Program was provided to the Governing Board at their meeting on December 7, 2021. Video of the meeting is available online.
January 2022
- The Annual Comprehensive Financial Report for the year ended June 30, 2021 was presented to the Governing Board on January 12, 2022. Video of the meeting is available online.
February 2022
- On February 21, 2022, the Governing Board held a Study Session for the Fiscal Year 2023 Budget Discussion. Topics included Fiscal Year 2023 budget parameters and right-sizing the institution, and feedback was provided by the Governing Board. Video of the meeting is available online.
March 2022
- The March 9, 2022, Governing Board meeting included several components of the budget development process, including:
- Setting tuition and service fees for Academic Year 2022-2023,
- Permanently providing Success Support Courses at no cost for tuition and service fees,
- Approving various items related to employee benefits, and
- Viewing a report on the status of the Higher Education Emergency Relief Funds.
May 2022
- On May 10, 2022, Dr. David Bea hosted the first of two Virtual Budget Forums for College employees.
- The Governing Board approved several items at the May 11, 2022 Governing Board meeting, including:
- On May 13, 2022, Dr. David Bea hosted the second Virtual Budget Forum for College employees.
- The proposed budget and 'Truth in Taxation - Notice of Tax Increase' were published in the Arizona Daily Star on May 24, 2022. A press release was also distributed, as required by Arizona Revised Statutes.
- The proposed budget and 'Truth in Taxation - Notice of Tax Increase' were published for a second time in the Arizona Daily Star on May 31, 2022, as required by Arizona Revised Statutes.
June 2022
- On June 8, 2022, the Governing Board held a Public Hearing and a Special Meeting for the purposes of setting property tax rates and levies and adopting the budget for Fiscal Year 2022-2023. The Governing Board also approved the implementation of an Adjunct Faculty Tier System and the new Classification and Compensation structure.
July 2022
- On July 1, 2022, the 2022-2023 budget was implemented for the new fiscal year. The 2022-2023 General Fund Budget Detail will be available online.