Attached is a table showing the impact by officer for this fiscal year. It was agreed to wait until an updated financial status projection can be prepared before making a recommendation on new commitments. A fresh projection based on early spring enrollment activity is expected in about a week. A recommeneded plan will be available in about two weeks. The budget plan reassigns a majority of the funding to a single, Campus-Based Programs, category.
Campuses now have more discretion in allocating the funds.
The committee agreed to look at the current programs funded from lottery revenues and make recommendations as a part of the upcoming budget cycle. Chancellor s Office budget plan details by campus will hopefully be available by mid-March.