Friday, August 10, 2018
Peralta Colleges facing millions in budget cuts - THOMAS PEELE, Mercury News
The Peralta Community College District, based in Oakland, Calif. on Tuesday, June 27, 2017. The district financial outlook as been dropped to negative by the Wall Street firm Moody’s Investor Services. (Kristopher Skinner/Bay Area News Group) The Peralta Community College District is facing an estimated $7.3 million shortfall in its tentative 2018-19 budget, and administrators are rushing to close the gap by proposing cuts in discretionary spending, freezing vacant positions and taking back recent raises. The budget crisis comes as the district administration faces allegations by the faculty union that it has systematically misallocated money from a voter-approved 2012 parcel tax, even as it prepares to ask voters to extend the tax.
https://www.mercurynews.com/2018/07/08/peralta-colleges-facing-millions-in-budget-cuts/