The goal of each College fiscal year budget is to estimate actual revenues and expenditures, while providing a responsible level of contingency protection and flexibility. It serves as an initial plan on how College resources will be allocated to best serve the College’s mission.

At the heart of the systematic process of developing the budget is the input of cost center managers, who work with employees and within Budget Guidelines to develop cost center budget requests. The Budget Strategy Group reviews submitted budget requests and works with cost center managers to achieve a proposed budget for Board of Governors consideration. The budget development process concludes with the adoption of the budget by the Board of Governors in September and completion of the required statutory filings.

It is important to note that just because a request makes it into the College's adopted budget, this does not guarantee the actual request for funds will be approved. The budget is simply an initial plan. Resource planning and utilization decisions are made based on what best serves the College's mission in light of current circumstances.

All College employees are accountable for the way they request and use College resources.