LBCC slashes $10.4 million from budget deficit without cuts to personnel, programs - Signal Tribune

Long Beach City College dramatically reduced its preliminary 2017-2018 $10.7 million budget deficit to $300,000 without layoffs or cuts to programs, according to representatives from the college. The deficit was reduced through cuts in expenses and an aggressive enrollment push, officials said. In addition, a number of employees accepted the Supplemental Employee Retirement Plan (SERP) that the college offered last June, which allowed strategic reorganization of staff. https://signaltribunenewspaper.com/38894/news/lbcc-slashes-10-4-million-from-budget-deficit-without-cuts-to-personnel-programs/