Southwestern
Community College - Policies and Procedures Manual
Policy
Title:
Financial Exigency
4.24
Responsible
Division:
Administrative Services
Date
Approved:
July 2009
Financial Exigency is any significant decline in
the Board of Trustee's financial resources that
compels a reduction in the college's current operations
budget. If the Board of Trustees determines that
a financial exigency exists, the Board may direct
the President to recommend action or actions to
include, but not limited to, the following:
Suspend overload or extra service compensation
for faculty assigned teaching loads above
the maximum number of credit or contact hours
- refer to Policy 4.25
– Workload – Curriculum Faculty.
5.
Implement a voluntary leave without pay
program that ensures efficient operation of
the college.
6.
Implement an involuntary leave without pay
(furlough) program that ensures efficient
operation of the college.
7.
Reduction of college services, operations,
centers or programs.
