Rogue Community College develops a budget each year to plan for revenues and expenditures and ensures responsible use of public funds. The budget serves as a financial plan that supports College operations, programs and services while meeting legal requirements.
Budgeting is a continuous process that includes four phases — preparation, approval, adoption and execution. After the budget is adopted, RCC certifies property taxes and authorizes expenditures in accordance with Oregon law.
Rogue Community College develops a budget each year to plan for revenues and expenditures and ensures responsible use of public funds. The budget serves as a financial plan that supports College operations, programs and services while meeting legal requirements.
Budgeting is a continuous process that includes four phases — preparation, approval, adoption and execution. After the budget is adopted, RCC certifies property taxes and authorizes expenditures in accordance with Oregon law.
Oregon’s Local Budget Law establishes standard procedures for preparing, presenting and managing budgets. It also ensures transparency, public participation and accountability in the use of public resources. Oregon’s Local Budget Law is found in Oregon Revised Statutes (ORS) 294.305 to 294.565. The full text of these statutes can be found on the Oregon Legislature website.
About the Budget
The RCC budget is a comprehensive financial document that outlines the College’s plan for a fiscal year or biennium. It includes:
- Actual revenues and expenditures for the previous two (2) years.
- Estimated revenues and expenditures for the current year.
- Projected revenues and expenditures for the upcoming year.
Budget Office
The Budget Office supports budget development and financial planning across the College. Services include:
- Preparing and distributing the annual budget document.
- Maintaining and updating the College budget.
- Providing training and support for department budget managers.
- Preparing financial and budget reports.