Dear CCSF Colleagues:
As I have shared in several spaces over the last few months, one of my top priorities while serving as interim chancellor is the continued stabilization of our finances (it’s bucket #3 in the list of my Five Buckets). This includes addressing our structural budget deficit and utilizing more effective long-term financial planning processes.
From my perspective, while transparency is essential in our budgeting, visibility is more critical at this point. By this, I mean ensuring insight into the structure of our budget, our sources of revenue and the risks and dependencies on those sources, understanding our expense categories and the impact of those expenses on our ability to operate the college, and more broadly, how we determine the allocation of our resources.
To lend visibility to our budget development process, we will be holding a series of four budget workshops over the next several months. These workshops will provide a forum for informing, understanding and pursuing clarity. Each workshop is an initial convening with the Board of Trustees, with all members of the College and community invited to participate. There will also be at least one repeat of each workshop (same presentation and discussion format) to allow for additional participation across the College. Below is the schedule of workshops and focus areas for each meeting with the Board; the additional repeat sessions will be announced next week. The Board sessions will be recorded and available for viewing after each meeting.
Budget Workshop #1
Topic: Budget Structure and Overview of Revenue/Income Sources
Monday, October 21, 2024
5:00 p.m. – 6:15 p.m.
MUB 140 – Ocean Campus
And via webinar (link available prior to meeting via BoardDocs)
Budget Workshop #2
Topic: Personnel-related Expenses
Thursday, November 14, 2024
5:00 p.m. – 6:15 p.m.
MUB 140 – Ocean Campus
And via webinar (link available prior to meeting via BoardDocs)
Budget Workshop #3
Topic: Non-Personnel-related and Capital Expenses
Thursday, December 12, 2024
5:00 p.m. – 6:15 p.m.
MUB 140 – Ocean Campus
And via webinar (link available prior to meeting via BoardDocs)
Budget Workshop #4
Topic: Identifying Gaps, Connecting Dots and Plans for Moving Forward
January 2025 (Exact date TBD)
Location TBD
And via webinar (link available prior to meeting via BoardDocs)
Please feel free to join these conversations as you are interested and available. I will continue to provide updates about our budget and finances in the weeks and months ahead.
Many thanks!
Mitch
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Mitchell Bailey
Interim Chancellor
City College of San Francisco