Chair Joseph on tuition adjustment vs enrollment growth
Joseph asks why there is a $25 million tuition adjustment reduction if enrollment is increasing. CFO Gardner explains it is to match actuals to budget levels.
Thank you, Chair Lee.
Good to see you, Chancellor.
Same here.
In your testimony, you mentioned that enrollment grew nearly 4% over the last fall, mostly in community colleges.
Basically, post-COVID enrollment jumped up to 9%.
Can you further explain the tuition adjustment of the reduced $25 million if enrollment is increasing?
You want to take that?
I mean, because that's a, those are the projections the city makes, right, based on enrollment.
So, you want to go?
No, it's fine, yeah.
I mean, this is just to match the actuals to the budget levels, right?
So we have to adjust the budget for the actual expenditure on that category.
Okay.
Thank you.