Earlier today VP Watson and I held a meeting with NWC budget managers. Unfortunately due to state funding following the legislative session and estimated local mil assessments, we are projecting a revenue shortfall of $2 million in the college’s general operating fund and a $350,000 shortfall in the 1 mil fund for next year.
VP Watson will distribute detailed reports to the budget managers outlining budgets and expenditures for the past 5 years and give them specific dollar amounts for their areas to reduce. I have asked that recommendations for reductions be submitted by April 15th.
It is important that we all work together to make the best decisions for the long-term sustainability of the college.
With these challenges, this old Irish blessing seems appropriate today:
and warm your heart and home.
May good and faithful friends be yours,
wherever you may roam.
May peace and plenty bless your world
with joy that long endures.
May all life’s passing seasons
bring the best to you and yours!”