|
BUDGET INFORMATION
BUDGET GAP
In 2009-2010, City College experienced an $18 million budget shortfall. To close this gap cuts were made in all parts of the College's operations.
In 2010-2011, due to rising costs and decreasing state funding, we anticipate a $7 million shortfall.
CLOSING THE GAP
Balancing the budget has required a long series of actions:
Competed for and received $10 million to date from grants
Donations from faculty, staff, administrators, and private donors
Authorization to use up to $2 million from College's reserve fund
Pay cut for the highest paid administrators
Hiring freeze
No hiring of long-term substitutes
Limited replacement of retirees
Only state-mandated vocational programs to run during Summer School 2010
Salary freeze
Drastic reductions in overtime pay
Reduced student services
No travel reimbursements
Reduction of consultants
Decrease in number of administrators
Reduction in operating hours for many campuses and buildings
THE YEAR AHEAD
We have balanced our budget for 2009-2010 with the actions listed above. Fiscal year 2010-11 is now just a few months away and promises to be just as challenging.
We are now focusing on raising revenue, including a substantial amount from donations as well as cost-savings measures to helprestore many of the cut classes and some of the services we were forced to cut in fiscal year 2009-10.
For more information about the CCSF budget, go to CCSF Budget Website.
NOTE: Currently ~90% of our budget goes to employee expenses (salaries, benefits, etc.). So while the ideas that we are considering will hopefully bring in thousands of dollars of savings, they are not going to solve our current budget gap. But we can make a small difference!
|
