""in a deficit every year ... if we continue on the same trends that we have been in the last two or three years," said Kara Flath, Lane's vice president of finance and operations."
""We don't believe any of those cuts are necessary," Mitchell said."
""Currently, all of our funding sources-state funding, property taxes and student tuition revenue-are up.""
The Lane Community College Board of Education approved a plan to cut $8 million in spending over three years while facing strong faculty union pushback. Administrators justify the reduction by citing a board requirement to maintain a 10 percent reserve and a multiyear forecast projecting rising expenses that could produce recurring deficits. The plan proposes reallocating some savings to deferred maintenance and other projects. Faculty union leaders argue the projections are overly pessimistic, characterize an approximately 8 percent cut to the $104 million operating budget as unnecessary, and present an independent report showing current revenue increases.
Read at Inside Higher Ed | Higher Education News, Events and Jobs
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