This is the time of the budget development cycle when many adjustments are made to projected revenues and expenditures that can swing our "bottom line" up and down. Our projected deficit for maintaining the college's current service level in 2001-2002 currently is $1,145,600. The largest single change has been in expected expenditures on class sections to maintain our current student enrollment level. This year a large number of class sections (over 1000 FTE) were funded by legislative E-Board money (non-recurring) and other miscellaneous funds (also non-recurring), making it necessary to add these to the budget next year to maintain enrollment. Enrollment is important financially because of the tuition and state resources that student FTE brings to the college. Were we to not fund these class sections, we would have to make larger reductions to make up for lost state and tuition revenue. The Budget Leaders are meeting with managers and will be looking at the budget information submitted by divisions/departments as well as a lot of general college data in making recommendations to the Budget Committee about how to make up the projected deficit. General hearings for staff and students will be held after the Budget Leaders come up with some preliminary recommendations and before these recommendations go to the Budget Committee. If you have questions about the college budget process or any budget data, please contact College Operations (Ext. 5311) or your vice president's office.