Sunday, August 17, 2014

Santa Fe Community College moves to cut $5M deficit - Mark Oswald, ABQ Journal

Santa Fe Community College is facing a $5 million shortfall, its interim president disclosed Tuesday, and the college board later in the day unanimously approved a plan of layoffs, pay cuts, a tuition increase and other budget reductions to make up the deficit. Interim president Randy Grissom said the financial problems were caused by miscalculations and inaccurate budget projections in 2013. http://www.abqjournal.com/441419