LCC Revenue Decreases May be Lower than Initial Projections
Lane Community College is coping with decreased enrollment and reductions in revenue due to the impact of the COVID-19 pandemic. During the LCC education board meeting, Wednesday, members discussed the future of the college and financial impacts from COVID-19.
But their revenue cuts may not be as bad as they initially projected.
LCC Budget Director Zach Evans surveyed multiple Oregon community college business officers. He says all of them will continue with the current service level of state funding for this biennium, and recommends LCC do the same.
Evans also says LCC, which holds the license for KLCC, is now projecting a 15% decrease in enrollment, which is 10% lower than their earlier projections.