How do you respond to an ongoing budget deficit?
What do you cut? What do you keep? How do you put your college's mission first and plan for growth while dealing with the reality of budget cuts at the State level that you can't control?
Tough times call for a proactive approach to spending, planning, efficiencies and effectiveness. We understand, because we've been there.
As veteran senior community college administrators, CBT's consultants have weathered many fiscal storms in the span of their careers. And we want to help.
To assist you in proactively responding to the fiscal crisis, College Brain Trust (CBT) created our new Fiscal Crisis Solutions Program, designed to help colleges:
- Prioritize categorical spending, develop a program plan, and meet required standards.
- Evaluate across-the-board efficiencies in staffing.
- Discover areas of potential revenue enhancement and significant savings potential.
- Resolve ongoing budget deficits.
- Identify which programs and services are most essential.
- Assess FTES retention, enrollment management and academic calendars.
So, how does the Program work? Depending on your college's needs, the depth of our approach may vary, but the basic steps include:
An objective, comprehensive analysis customized to your college's unique fiscal "pain points" and integrated with your master planning priorities.
Collaborative, across-campus identification of strategic opportunities, followed by expert recommendations for a proactive response.
Strategic facilitation of faculty/staff buy-in to your plan, synchronized with your local governance culture.
Assistance in implementation of your plan to the extent you desire.
Whatever your situation requires, we're here to help you gain traction and momentum for the long uphill climb ahead.
Questions? Insight? Ready to get started? We'd love to know how your college is faring in this economy, and what we can do to help.
For specific case studies, see what we've done for:
Click here to read a special report by Chief Consultant Rocky Young entitled, “Budget Crises Create Opportunity for the Future of Your College.” (PDF)