Accreditation - Hartnell College!!

In light of the fiscal crisis and the budget uncertainties in the state of California, the college
has been proactively keeping abreast of all developments related to the current and future
budgets. The Chief Business Officer continually reviews and analyzes these factors and
communicates the results to all the constituents of the college. Reductions have been made in
a made in a strategic manner allowing each unit to identify the areas they can decrease with
the less impact on student services. The CBO and the President continues to hold
informational sessions and budget presentations to the Board of Trustees, administrators,
students and other stake holders for the status of both the current and future budget.
The college works closely with the Hartnell Foundation to identify funding resources to help
supplement the declining revenues from the state. The past several years, the foundation has
contracted with a grant writer with an excellent track record of developing successful grant
applications. Federal, State, and Local grants and contracts (non-Foundation) revenue has
grown from $13 million in FY 2007-08 to $22.5 million in FY 2010-11.
The college meets this standard.
Planning Agenda
None.
III.D.1.c
When making short-range financial plans, the institution considers its long-range financial
priorities to assure financial stability. The institution clearly identifies, plans, and allocates
resources for payment of liabilities and future obligations.
Descriptive Summary
The Office of the Vice President of Support Operations (CBO) is responsible for protecting
the financial integrity of the District. Information regarding short and long term financial
obligations is discussed at the President’s Cabinet and with the Budget committee. Longrange
financial stability is central to college planning and budget allocation. The
Administration and the Board of Trustees take all necessary steps to maintain a balanced
budget. Board Policy No. 2215, Periodic Financial Reports, requires that financial statements
and necessary supplemental information will be prepared and reported at least quarterly to
the Governing Board.
In addition to the quarterly financial reports, the chief Business Officer prepares and presents
monthly interim financial reports to the Board of Trustees, which are discussed and reviewed
with the Finance/Audit committee prior to submission to the Board. The reports show the
status of budget to actual and provide a monitoring tool for both management and the Board
to ensure that the plan is on target and adjustments are made when appropriate.
Page 9