Assessing Financial Health in Community Colleges. Issue 168 (December 2014)

• Record Type: Journal Article
• Authors: Bers, Trudy H.; Head, Ronald B.; Bers, Trudy H.; Head, Ronald B.; Palmer, James C.
• Is Part Of: New directions for community colleges. Volume 2014:Issue 168(2014)
• Page Start: 103
• Page End: 114
• Publication Date: 2014-12
• Subjects: Community colleges -- United States -- Periodicals; 378.15430973
• DOI: 10.1002/cc.20124
• Languages: English
• ISSNs: 0194-3081

Abstract

<abstract abstract-type="main"> <title> <x xml:space="preserve">Abstract</x> </title> <p>In this age of educational accountability, there is an increasing emphasis on assessment and institutional effectiveness, not only in the academic arena but also in other aspects of community college operation, such as fiscal health and stability, revenue generation, resource allocation, facilities, workforce development, and community enrichment services. This chapter describes the challenge of effectively assessing community college financial services and budgets as well as internal and external standards and benchmarks developed to measure institutional fiscal health and the allocation of resources (e.g., reserve fund amounts, deferred maintenance, and bond ratings).</p> </abstract>