Study Session at 5:15 pm W - Rock Valley College

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Rock Valley College Dollars by Payroll 1,800,000 1,700,000 1,600,000 1,500,000 1,400,000 1,300,000 1,200,000 1,100,000 1,000,000 900,000 07/15 07/31 08/15 08/31 09/15 09/30 10/15 10/31 11/15 11/30 12/15 12/31 01/15 01/31 02/15 02/28 03/15 03/31 04/15 04/30 05/15 05/31 06/15 06/30 FY 09 Paid by Pay Date 1,153,806 1,149,799 947,568 1,070,871 1,049,282 1,153,018 1,198,703 1,179,772 1,184,964 1,169,318 1,168,386 1,113,670 1,044,665 1,448,446 1,160,926 1,166,450 1,348,002 1,177,726 1,195,745 1,201,107 1,433,406 1,010,086 1,154,787 1,398,111 FY 10 Paid by Pay Date 1,220,699 1,208,615 1,067,699 1,168,599 1,187,441 1,207,101 1,239,854 1,231,369 1,238,295 1,219,191 1,232,363 1,198,341 1,121,536 1,612,478 1,224,141 1,235,111 1,474,519 1,268,463 1,297,953 1,269,740 1,529,230 1,168,068 1,213,161 1,281,043 FY 11 Paid by Pay Date 1,279,403 1,281,539 1,248,382 1,252,417 1,262,356 1,286,977 1,320,579 1,306,694 1,318,079 1,322,843 1,332,711 1,299,531 1,168,876 1,678,237 1,286,438 1,306,118 1,538,213 1,333,683 1,332,438 1,319,167 1,555,838 1,233,175 1,265,380 1,285,144 FY 12 Budget Straight Line 1,305,231 1,305,231 1,305,231 1,305,231 1,305,231 1,305,231 1,305,231 1,305,231 1,305,231 1,305,231 1,305,231 1,305,231 1,305,231 1,305,231 1,305,231 1,305,231 1,305,231 1,305,231 1,305,231 1,305,231 1,305,231 1,305,231 1,305,231 1,305,231 FY 12 Paid by Pay Date 1,253,934 1,272,490 1,219,575 1,223,856 1,255,679 1,268,309 1,281,181 1,284,788 1,284,532 1,284,232 1,270,324 1,251,423 1,104,062 1,642,903 1,264,116 1,257,907 1,472,661 1,269,628 3/30/2012 Page 2 \\Vmsrvfileshares\common\ADSFIS\Payroll\Vital Signs\ Vital Signs-Payroll FY12.xlsx\Payroll by Pay Date
Rock Valley College Vital Signs-Payroll (Dollars) Reviewed by: Sam Overton, 03/30/2012 Explanation of major increases in Dollars by Payroll FY 11 07/01/2010 Payroll calculated FY 11 ESP/PSA Across the Board = $285k plus Merit = $119k; Faculty increases = $449k plus $8k for lane completion. 07/15/2010 25% Summer II $187,005 07/31/2010 25% Summer II, 50% Summer III total $220,210 08/15/2010 25% Summer II, 50% Summer III total $218,864 08/31/2010 Faculty Salary increases; begin Adjunct pay for Fall semester 09/15/2010 Begin Community/Continuing Prof Ed Instructor pay 10/15/2010 FOP retro pay included 01/31/2011 100% of Fall Overload $410,338; Spring Overload estimated at $444,808 03/15/2011 50% Spring Overload $228,253; remainder due 05/15 03/31/2011 Check count is up due to ALL Student Workers being paid by RVC. CWS funds have been exhausted 03/31/2011 Increased FY 11 Payroll Budget $334k and 3 postions for final quarter for EIGER/RASI and Student Success Grant payrolls, see 3rd Qtr Financials 05/15/2011 50% Spring Overload $233,677 06/15/2011 Summer I $188,460 06/30/2011 25% Summer II $194,560; Summer II pay will extend through 08/15 FY 12 07/01/2011 FY 12 FOP Step increases $9,122 07/15/2011 25% Summer II $186,782; Summer II pay will extend through 08/15 07/31/2011 25% Summer II; 50% Summer III total $217,468 08/15/2011 25% Summer II; 50% Summer III total $193,109 08/31/2011 Begin Adjunct pay for Fall semester 09/15/2011 Begin Community/Continuing Prof Ed Instructor pay 01/31/2012 100% of Fall Overload $417,473; Spring Overload estimated at $391,902 03/15/2012 50% Spring Overload $198,093; remainder due 05/15 05/15/2012 50% Spring Overload $xxx Payroll Dollars (Cash Basis) Tracking similar to previous years Conclusion: Currently UNDER budget, includes Student Worker accrual of $40k Budgeted Positions Growth - FY07 = 464; FY08 = 476; FY09 = 485; FY10 = 494; FY11 = 512, FY12 = 511 Dec-06 Jan-07 Jun-07 Dec-07 Jan-08 Jun-08 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 FY 07 YTD is exceeding FY 06 YTD by about 3%; FY 07 YTD is 94% of straight line budget, with $716k toward Overloads FY 07 YTD is exceeding FY 06 YTD by about 3%; FY 07 YTD is 95% of straight line budget, with $665k toward Overloads FY 07 YTD is exceeding FY 06 YTD by about 3%; FY 07 YTD is 98% of straight line budget, with $514k toward Surplus FY 08 YTD is exceeding FY 07 YTD by about 5%; FY 08 YTD is 96% of straight line budget, with $527k toward Overloads FY 08 YTD is exceeding FY 07 YTD by about 5%; FY 08 YTD is 97% of straight line budget, with $422k toward Overloads FY 08 YTD is exceeding FY 07 YTD by about 5%; FY 08 YTD is 100% of straight line budget, with $71k toward Surplus FY 12 YTD is below FY 11 YTD by 2%; FY 12 YTD is 96% of straight line budget, with $382k positive variance available for Overloads FY 12 YTD is below FY 11 YTD by 2%; FY 12 YTD is 97% of straight line budget, with $424k positive variance available for Overloads FY 12 YTD is below FY 11 YTD by 2%; FY 12 YTD is 97% of straight line budget, with $512k positive variance available for Overloads FY 12 YTD is below FY 11 YTD by 3%; FY 12 YTD is 98% of straight line budget, with $375k positive variance available for Overloads FY 12 YTD is below FY 11 YTD by 3%; FY 12 YTD is 98% of straight line budget, with $464k positive variance available for Overloads FY 12 YTD is below FY 11 YTD by 3%; FY 12 YTD is 99% of straight line budget, with $304k positive variance available for Overloads 3/30/2012 Page 3 \\Vmsrvfileshares\common\ADSFIS\Payroll\Vital Signs\ Vital Signs-Payroll FY12.xlsx\Payroll Conclusion
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Rock Valley College Board of Truste
Page 3 and 4: 2. President’s Report a. BR #6873
Page 5 and 6: Regular Meeting The regular meeting
Page 7 and 8: Ms. Diaz announced the FY13 enrollm
Page 9 and 10: BR #6868 - Purchase Report #655 It
Page 11 and 12: Unfinished Business There was no un
Page 13 and 14: SPECIAL MEETING The special meeting
Page 15 and 16: MEMO TO: FROM: SUBJECT: Rock Valley
Page 17: MEMO TO: FROM: SUBJECT: Rock Valley
Page 20 and 21: Community College Act and all other
Page 22 and 23: Notice of the regular meeting shall
Page 24 and 25: with Section 103-20.1 of the Illino
Page 26 and 27: The Chairperson has the power to ap
Page 28 and 29: ARTICLE XI. CONTRACTS AND FINANCES
Page 30 and 31: April 26, 2005). An annual report o
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Page 38 and 39: Rock Valley College Board of Truste
Page 40 and 41: ROCK VALLEY COLLEGE Board Report #6
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Page 58 and 59: Rock Valley College Health Care Cos
Page 60 and 61: Rock Valley College Prepared by: Sa
Page 62 and 63: Capital Funds Net Investments & Cas
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Month: 03/2012 Checks Over $10,000
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Month: 03/2012 Checks Over $10,000
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ROCK VALLEY COLLEGE Board Report #6
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ROCK VALLEY COLLEGE Board Report #6
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Board Report 6875/2 PR #648 April 2
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Rock Valley College Board Report #
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Complaint Definition: A complaint i
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