The College Finance and Facilities Planning Division oversees policies that determine the distribution of local assistance and capital outlay funds for the 73 districts that make up the California Community Colleges. The division also represents the system in advocating for local assistance and capital outlay funds with the Legislature and the Department of Finance.
The College Finance and Facilities Planning Division includes the Facilities Planning Unit, Fiscal Services Unit, Chancellor’s Office Budget Unit, and Fiscal Standards and Accountability Unit.
The Facilities Planning Unit is responsible for reviewing and approving districts’ Five-Year Capital Outlay Plans as part of the annual Capital Outlay Grant Application Process. It provides support to the 73 districts that oversee the system’s 116 colleges.
The Fiscal Services Unit administers the Student Centered Funding Formula (SCFF), oversees the development and maintenance of the SCFF dashboard, and allocates SCFF and categorical program state apportionment funds.
The Chancellor’s Office Budget Unit administers the local assistance budgets, advocates for local assistance funding, and coordinates with the Internal Operations Division to develop and oversee the Chancellor’s Office internal budget.
The Fiscal Standards and Accountability Unit establishes the California Community Colleges’ financial accounting and annual audit requirements, collects and reports on the system’s fiscal and student workload measures, provides technical assistance related to attendance accounting and residency, monitors districts’ fiscal health and resiliency, and administers faculty programs and compliance requirements including the Fifty Percent Law and full-time faculty obligation.
Did you know: The California Community Colleges system’s assets include approximately 24,398 acres, 5,192 buildings and 72.4 million gross square feet of space.