 | An operating budget is a specific and detailed financial plan that reflects the finances
required to support approved academic programs and support services for a specific period,
normally twelve months. For CCCCD, budget for future year is usually prepared during
the month of May. |
| Budgeting is the means by which institutional strategic plans or the goals and
objectives of the strategic plans are translated into dollars for a given period.
Budgets are the blueprints that provide for the orderly execution of program plans.
They also serve as a control mechanism to match revenue and expenditures and to
prevent a financial deficit. Legally, the budget must be approved by the Board of
Trustees and submitted to the appropriate state officials in order to receive state
funding. |
| Budgeting should be used as a time to renew or refine the emphasis on institutional
effectiveness (IE). Four key elements of institutional effectiveness are as follows:
 | Planning |
| Implementation |
| Assessment - evaluation of all instructional and non-instructional institutional
operations and documentation of the results |
| Improvement - use of evaluation results/information to improve all aspects of the
institution |
|
| When developing planning and evaluation procedures, please make sure that they are:
| Defined and documented |
| Comprehensive and systematic |
| Functioning |
| Being USED to enhance institutional effectiveness in your particular area |
|
| Operating fund and auxiliary services budgets are input through the Budget Development
System created by CCCCD Administrative Computing. Grant fund managers should contact
Linda Howard, x3828, for budgeting information, since these funds are NOT input through
the Budget Development System. |
