Lake Land board takes first look at '15 budget - KAYLEIGH RAHN, JG-TC

The Lake Land College Board of Trustees during Monday's meeting took its first look at the 2015 budget, which calls for an overall decrease of $424,910 in expenditures versus last year. President Josh Bullock explained the savings will come from reducing expenditures with "strategic replacement" of retirees; staff reductions in force and not filling vacant positions; and operational efficiency initiatives and cutbacks in operational contingency funds. "When we look at how this budget was developed we had to look at a number of factors," Bullock explained. "The first is that we truly have decreased state funding. Although the funding for community colleges as a whole has remained level or flat, the finances coming to Lake Land College is decreasing by $350,000 from the state." http://jg-tc.com/news/lake-land-board-takes-first-look-at-budget/article_770c56ca-fb84-5ae7-a230-daa5e161dc10.html