April Board meeting, budget resolution

At the April Board of Trustees meeting, the Board approved the final adjusted budget for 2012-13.

Prior to the approval, MCC had faced a substantial shortfall. In November 2012 the administration requested approval to address the shortfall. Since that time, $4.1 million has been identified in reductions primarily comprised of lapsed salaries and benefits along with non-payroll related items. Additionally, revenue adjustments of $3.1 million were identified.

An additional $1.1 million of additional budget adjustments will be made to close the remaining gap.

RESOLUTION

WHEREAS, the Board of Trustees of the Metropolitan Community College (the

District) desires that the operating budget remain accurate and in balance; and

WHEREAS, the administration has additional information that requires that

additional adjustments be made to the 2012-2013 operating budget to remain in balance;

NOW, THEREFORE, BE IT RESOLVED, that the Board of Trustees of the Junior College District of Metropolitan Kansas City, Missouri hearby approves that the

2012-2013 budget be adjusted in accordance with the attached revision to the operating budget for 2012-2013 as authorized by this resolution.

Click the link below to see the Metropolitan Community College November 2012 Adjusted Budget vs. Final Adjusted Budget, and Changes in Budget, 2012-2013 Budget Year

https://docs.google.com/file/d/0B5NVEv35GKX3ZlMzNkVWblJDQXc/edit?usp=drive_web