Approaches to Strategic Budget Reductions for Community Colleges
Explore effective strategies for budget reductions in community colleges, including across-the-board cuts, strategic budget reductions, and targeted budget reductions. Learn how to align budget decisions with organizational priorities for sustainable growth and success.
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Presentation Transcript
Budget Drop-in Session December 17, 2020
Governor Proposed Budget CCs are our workhorses. We are working hard to make sure our communities have access to the skills they need. Governor Brown, 12/1/2020 (GRB News Conference) The Governor kept the Community College Support Fund (CCSF) at the 2019-21 Legislatively Approved Budget level of $640.9 million for 2021-23. Flat-funded budget of $640.9 Colleges will be approximately $61 million below the $702 million Oregon s community colleges need to continue current services and keep tuition increases to 3.5 percent or below on average statewide. Governor s proposed investment of $37.5 million a 25.3 increase over 2019-21 in capital projects through Article XI-G bonds.
Budget Scenarios At $641M CCSF and $3/CH tuition increase, forecast gap is $3.4M in year one and $6.2M in year two At $641M CCSF and $5/CH tuition increase, forecast gap is $3.0M in year one and $5.5M in year two
Approaches to budget reductions Some or many programs cannot be cut at all without doing great harm Across-the-board cuts are said to be thought- less or even unfair Either specific dollar decreases (all programs are cut by, say, $100,000) or a percentage reduction Across the Board Budget Reductions
Approaches to budget reductions cont. Focuses on the aspects of the organization that are controllable while freeing up resources to fund transformation and future growth Ensures an organization is ready for growth Connect your budget directly to your strategic priorities Strategic Budget Reductions
Approaches to budget reductions cont. Targeted Budget Reductions May extend to higher-impact decisions such as ending certain services, closing programs, or cutting back on support services Crucial that these decisions be consistent with the organization's core strategies
