Untangling Budget Uncertainty: Flexibility, Communication and a Clear Understanding of Institutional Goals Are Critical When Creating a Budget during Uncertain Times

Autor/in	Pierce, Dennis
Titel	Untangling Budget Uncertainty: Flexibility, Communication and a Clear Understanding of Institutional Goals Are Critical When Creating a Budget during Uncertain Times
Quelle	In: Community College Journal, 91 (2020) 1, S.10-15 (6 Seiten) PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	1067-1803
Schlagwörter	Community Colleges; Budgeting; Educational Finance; Pandemics; COVID-19; Emergency Programs; College Administration; Administrative Principles; Arizona; Ohio; Illinois + Suchen Sie Ihr Suchwort? Community college; Community College; Bildungsfonds; Hilfsprogramm; College administrators; Hochschulverwaltung
Abstract	Amid the global pandemic, community colleges nationwide found themselves challenged like never before. More than 21 million Americans lost their jobs in March and April. How would this economic collapse affect college revenue streams, or fall semester enrollment? Would campuses even be open in the fall? Would students continue to register for classes, or would fears of the coronavirus keep many from attending? Community college leaders who are well versed in financial matters say the keys to budgeting effectively in periods of such uncertainty include being prepared to weather a crisis, being flexible in planning, staying well informed and maintaining a laser-like focus on the priorities that matter most. Focusing on strategic priorities not only ensures that the programs necessary to fulfilling the college's mission get the resources they need, even as other budget items might have to be cut. (ERIC).
Anmerkungen	American Association of Community Colleges. One Dupont Circle NW Suite 410, Washington, DC 20036. Tel: 202-728-0200; Fax: 202-833-2467; Web site: https://www.aacc.nche.edu/
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2024/1/01