A variety of policies and practices, including those developed by local boards and administrations, as well as those mandated by state and federal governments, affect budgets and finances at community colleges. Examples include tuition policies, fee structures, performance-based funding, and personnel policies. This chapter explores some of the…

Besides the shift in community college funding from the state to the student, a number of other innovations and trends have emerged with respect to community college finances. This chapter explores some of these developments, including performance-based funding, changes in student and institutional eligibility for financial aid, changes in local…

The goal of the future financial manager should be to educate college personnel to the level necessary to make balanced decisions. The challenge is to maintain the current operable systems and develop new approaches to maximize scarce resources through effective communication. (RC)