Comments on: Ohlone’s budget problems http://www.ibabuzz.com/tricitybeat/2009/05/23/ohlones-budget-problems/ Thu, 23 May 2013 02:07:19 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: Jean-Claude Van Damme http://www.ibabuzz.com/tricitybeat/2009/05/23/ohlones-budget-problems/comment-page-1/#comment-6166 Jean-Claude Van Damme Sun, 24 May 2009 04:38:02 +0000 http://www.ibabuzz.com/tricitybeat/?p=3545#comment-6166 Ohlone had to take funds from January-April and defer them into July: about 2 1/2 million dollars have been moved into first month of the next fiscal year, next July. The college has sufficient cash right now to weber those cash refferals primarily because they have some funds from their bonds that is in the county which can be used to off set any shortfals in the general fund. BUT when that bond money gets spent borrowing may have to occur. As for now Ohlone College has sufficient reserves to take care of a 3.8 defiit for one year by using their resereves, primarily the rainy day one time usage. What this college will need essentially is another Bond in order to better serve the students, staff, faculty and the college as a whole.

Unfortunately, with this whole budget crisis hitting Ohlone Community College hard, they have cut back on MANY classes especially summer time courses, shut down the school completely on Fridays, turned away kids aged below high school from taking college courses and have molded their own type of schedule faculty/staff should be following…which comes into debate that whole issue their undergoing now with their Human Resources.

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