Long Beach City College takes $8.8 million from reserves to fund budget - Andrew Edwards, Press-Telegram

Long Beach Community College District trustees unanimously approved a final budget that calls for nearly $139 million in general fund spending for its current budget year. The newly-approved budget also calls for community college officials to dip into nearly $8.8 million worth of reserves to balance the books, which would leave the district with a projected $21.7 million fund balance at the end of its budget year. http://www.presstelegram.com/social-affairs/20170913/long-beach-city-college-takes-88-million-from-reserves-to-fund-budget