Monday, January 8, 2018

Long Beach's Higher Education Sees Improvements, Challenges In 2017 - Emily Thornton, Grunion

California State University, Long Beach, and Long Beach City College experienced some highs and some challenges during the past year. Those included campus construction, increased funding — for improvements — and lack of funding and space — for hindrances. Budget woes are on the minds of many, but especially at LBCC, where officials announced it was operating on a budget deficit, and has for at least five years. The 2017-2018 fiscal year first had a projected $10.7 million operating deficit, which was done purposefully to review its computer system and implement upgrades, officials said. The deficit later was reduced to $8.8 million, $5 million of which was one-time spending, leaving a possible $3.8 million deficit. Ultimately, a balanced budget was passed using reserves. http://www.gazettes.com/news/long-beach-s-higher-education-sees-improvements-challenges-in/article_c63a075c-dfa5-11e7-9028-5fef8b422581.html