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Cabrillo College Board unanimously approves first round of budget cuts
June 15th, 2011 Cabrillo College none Comments

According to the news – Cabrillo College received good news that can reduce their budget cuts but still it is not enough for them to avoid layoffs and deep reductions.

Administration predicted that more than 15 percent increase in medical cost of employee for next year but 5 percent is the revised figure. They are also expecting that their California Public Employees Retirement contribution rate will increase next year but has held steady.

The budget has padded with $900,000. The college did not expect to receive it but for college facing the deficit amount to $5.3 million, the savings in employee will not cover all red link.

The College Board unanimously approved on Monday the first round of cuts, which is amount to $730,000; it will mostly affect services and vacant positions. The amount of $3.7 million will be use by the college for reserves but still need to identify another amount of $920,000 in cuts to help close the gap budget.
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