Monday, June 29, 2015

Delta College running out of budget cutting options - Jon Becker, Midland Daily News

Delta College, faced with increasing costs in an era of declining enrollment and other revenue challenges, continues to balance its budget, but Deb Lutz, vice president of business and finance, cautioned trustees that the college is running out of ways to cut spending. “There have been a lot of changes and a lot of pressure put on all areas of the college to come up with ways to do more with less,” she said. “We’re about down to the bone now. It’s not easy coming up with these cost savings.” Lutz previewed the 2015-2016 budget for the trustees at a recent monthly meeting. She characterized the spending plan as being “very, very similar to last year.” “In total, we’re looking at $4 million more in expenses than revenue,” she said. http://www.ourmidland.com/news/delta-college-running-out-of-budget-cutting-options/article_33f5897a-5749-58ac-a10b-1f54415709ed.html