Delgado announces cost-cutting due to budget shortfall - Delgado Community College

Today, Delgado Community College informed its faculty and staff of an operational budget deficit in the current fiscal year. Reductions in operational costs are required for the institution to maintain delivery of educational services and meet operational expenses for the remainder of the current budget year. Delgado is now operating with a 14 percent budget deficit – about $13 million. The cost-cutting measures and efforts to increase self-generated revenue will fall short of filling that space in the institution's annual budget. The dramatic change in the source of funding requires the college to focus on revenue-generating strategies. http://www.fox8live.com/story/19896030/delgado-announces-cost-cutting-due-to-budget-shortfall