College of the Redwoods has weighed the emerging fiscal impacts of the Governor’s May Revised Budget on their 2020-21 budget forecast with the Board of Trustees’ Audit and Finance Committee. In that meeting, the committee was informed that, unless immediate cost containment measures are implemented, the college expects to end the 2020-21 fiscal year with a budget shortfall of nearly $1,500,000 with potential for greater losses in 2021-22.
https://lostcoastoutpost.com/2020/jun/4/facing-huge-budget-shortfall-college-redwoods-susp/
