From: Thomas Henry <tom@edmac.org> Sent: Friday, February 22, 2013 8:43 AM To: Lindsey, Lee Cc: Brown, Bob; Dennis, Michael; Engman, Tami; Flanagan, Tim; Girczyc, Pat; Gonsalves, David; Goswami, Utpal; Hole, Bill; Janis, Anita; King, Sharrie; Lindsey, Lee; Matsumoto, Tami; McGovern, MaryGrace; Parker, Crislyn; Ries, Richard; Robert Solomon DeCamp; Snow-Flamer, Keith; Spalding, Carla; Stratton, Steve; Walsh, Lorie; Anderson, Michelle Subject: Re: BPC Special Workshop Dear BPC Team: Thank you for calling a Special BPC meeting for today to discuss budget savings and prioritization. The February 11, 2013, letter from ACCJC to COR, charges the institution with fully resolving all stated deficiencies, standards and Eligibility Requirement 17 (Financial Resources). Of particular importance is the requirement that the COR have sufficient cash flow, reserves to maintain stability, and to document a funding base adequate to support student learning programs and services. The institution, among other requirements, is required to improve institutional effectiveness, and to assure financial stability. COR is required to submit to ACCJC a Follow Up Report by October 15, 2013. Time is of the essence. Substantive, on-going budget savings need to occur in order for the COR to address the stated recommendations. Your work in developing prioritized recommendations for the President is very important in regards to the fiscal and accreditation status. If possible, I will call in to stress the importance of your work and how quickly we need to address fully the ACCJC recommendations. Best Regards, Tom Henry file:///Z|/Committees/BPC/2012-13/2013-02-22/Trustee%20Henry%20msg%20to%20BPC%20Special%20Workshop.txt[2/22/2013 2:12:29 PM]