Summary
LONG BEACH - Long Beach City College projects to deficit-spend in 2010-2011 for the third consecutive year, despite cost savings from employee furloughs and increased energy efficiency.
The LBCC Board of Trustees on Tuesday is expected to vote on a proposed new budget that calls for $5.6 million in deficit spending, resulting in a draw-down of reserves for the third straight year.See the full content of this document
Extract
Despite Cost Cuts, Lbcc to Deficit-Spend
Even after the draw-down, the college expects to have enough left over at the end of the fiscal yea...
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