College Budget - B 501
Planning the Budget
It is the responsibility of the President to organize, plan and evaluate the program needs of the college, which in turn will become the basis for the budget development of the college.
Preparation of Budget Document
The President is the budget officer of the college and is responsible for the preparation of the college budget and for submission of the budget document to the Budget Committee and to such state agencies as may be required by law.
The Budget Committee shall consist of the Board members in accordance with the local budget law ORS 294.336. It is the duty of the Board acting as the Budget Committee to study the financial feasibility of all programs.
Budget as Spending Plan
The budget will be regarded as a general spending plan. Within that general spending plan, the President is delegated the authority to take actions required for efficient and effective operation of the college.