State auditors in early April warned the California Community College Chancellor’s office to act quickly in order to remain independent, deeming the college “not currently stable,” citing its ineffective attempts at reducing its costs necessary to supplement the 35% enrollment decline over the past eight years, which resulted in the college tapping into its reserves.
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In their final meeting of the 2020-21 school year on June 24, the Board of Trustees attempted to tackle several of the pressing issues facing the college.
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A new budget report shows that City College faces a deficit of over 31 million dollars next fiscal year, calling into question the potential for layoffs and reductions.
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The layoffs, if implemented, would represent a loss of nearly 30% of City College’s 541 full-time teaching staff and 74% of its administrators, part of the five-year budget plan passed by the board in November.
Read moreCity College is on track to hit its $5.6 million budget deficit target for the current academic year, though 12 of 30 line items are trending above target spending, according to Vice Chancellor of Finance and Administration John al-Amin’s monthly budget update to the Board of Trustees on Feb. 25.
Read moreCity College must expend all federal relief by May. As federal restrictions define what is allowed, campus constituents consider what is possible.
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The pandemic has exacerbated the College’s financial woes, with decreased tax revenues and delayed funding from the state, but it is not the genesis of the problem.
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