Apr 13, 2016BoardMeeting
BoardCentral Oregon Community College Budget Committee Budget Committee Meeting
The Budget Committee discussed the proposed 2016-17 General Fund budget, focusing on strategic plan alignment, financial sustainability, and long-range forecasting. Key topics included the shift of the Culinary Program from the auxiliary fund back to the general fund, adjustments to interfund transfers for capital equipment, and projections regarding student enrollment declines and tuition rate increases. The committee also reviewed revenue/expenditure forecasts, budget assumptions for state aid, property tax growth, and salary and benefit cost increases.