As you may have heard, Governor Kaine has announced that he is permanently cutting the budget for community colleges totaling 13% of our appropriation. The Governor is going to partially offset that cut by about 6% using federal stimulus funds this year, so that the current year net reduction will be about 7%. Next year's budget will include the full cut.
Details on this will be coming to us over the next couple of days, including whether the one-day furlough announced will apply to community colleges.
The good news for Germanna is that our reduction in the current year will be around 7% and that we have already made cuts in anticipation. No additional cuts will be required this year.
However, next year's budget will require further reductions. I will keep you informed as we build that budget. I also will be available to employees for questions at the upcoming open forum on September 15 11 am to noon in rooms LGC 100 and FAC 225 and at the In-Service meeting on October 1 at DTC.
Please check back on this blog for further information as it becomes available.
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