Fiscal Sustainability Framework and Action Plan

Implementation Phases

Phase 1 Planning

The planning phase, led by the President in collaboration with the Executive Vice President and Vice President Finance and Business Services, sets the foundation for fiscal sustainability.

Objectives:

  1. Engage the PCC Board of Directors in initial discussions to inform them about the Fiscal Sustainability Action Plan.
  2. Review and finalize the action plan for fiscal sustainability.
  3. Develop a roadmap for implementation.
  4. Begin monitoring and evaluation to engage stakeholders across the college and adjust the plan as needed.
Phase 2 Community College Engagement

Engagement with faculty, staff, students, and the Board is critical to ensure collaboration and feedback throughout the process.

Engagement Activities:

  1. PCC Board of Directors: Educate and align the Board with the Fiscal Sustainability Action Plan to support informed decision-making.
  2. President’s Cabinet and Leadership Council: Evaluate budget reduction strategies, analyze impacts, and set priorities.
  3. Administration and Managers: Gather feedback from executive and senior leaders on increasing efficiency and identifying budget reduction priorities.
  4. Community Forums: Host forums to offer a transparent overview, address questions, and facilitate feedback.
  5. Special Meetings: Engage specific groups (e.g., Education Advisory Council, ASPCC, FFAP, FCE) to ensure openness in planning and collect targeted feedback.
Phase 3 Budget Reduction Plan Development

The President’s Cabinet holds ultimate responsibility for the fiscal sustainability of the College, including all budget decisions. The Cabinet’s choices will be informed by detailed financial projections, aligned with the College’s mission and strategic priorities, and shaped by input from the Integrated Budget & Planning Council (IBPC), department budget managers, and feedback from Fiscal Sustainability forums.

The IBPC will serve in an advisory role, assisting PCC in planning its upcoming biennium budget. Leveraging their collective expertise, the council will assess available resources and projected expenses, reviewing financial models that estimate revenue, costs, and fund balances. Additionally, the Council will collaborate with college leadership to advocate for decisions that align with the strategic plan and support long-term fiscal health.

Phase 4: Budget Reduction Plan Review and Approval

In this phase, each proposal in the budget reduction plan will be classified based on its expected timeframe for implementation and results. This approach allows PCC to prioritize actions that deliver immediate cost savings while also planning for sustainable, long-term fiscal health. For more information about the review and decision-making process, see the impact analysis page.

Phase 5: Budget Reduction Implementation

Budget planning proposals and revisions will be considered throughout the budget biennium. The Integrated Budget and Planning Council will assist in the communication and dissemination of the budget plan to facilitate implementation.