Campus Finances May Remain Unstable
October 1st, 2008“We need to be prepared for mid-year cuts.” Fred Williams, VC/Finance at North Orange County CC
“Schools are funded based on enrollment that is estimated for budget purposes. CC are allotted money based on anticipated enrollment, not actual enrollment. If more students enroll than were planned for, the school receives no money for the addtional students.”
Blog:
Available growth funds for overcap enrollments depend upon unused/excess state growth dollars. If all colleges grow to “cap”, then there are no excess state growth funds available for overcap FTES. However, in most previous years, there have been unused/available state growth funds to serve a percent of overcap FTES in the state. MSJC presently reports overcap enrollments above the college growth allocation. Overcap funding is not guaranteed and fluctuates from budget year to budget year.
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