News Phoebe Huss News Phoebe Huss

SMC has the worst fund balance in the state, second only to College of the Canyons, report finds; and other budget updates

It’s a “sobering and scary time” for community colleges. The state of California prospered in February, but SMC is still floundering. SMC’s fund balance to expenditures ratio is 12%, the second lowest in the state. Legislative advisors are recommending California cut back on special programs and focus on core costs at community colleges.

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