Alamo Colleges Chancellor Bruce Leslie has announced that the group of higher education schools are expecting to lose up to $21 million in funding over the next three years.
In order to soften the blow of the funding, they must now trim $27 million from their budgets through 2013. The exact amount needed will be dependent on property tax revenues that pay for education. So far, meetings of the board have found $12 million in cuts.
It would seem that tuition increases are a very likely source of revenue to help cover the budget loses. That could be hard on a city that already struggles to send more students to colleges and universities. The silver lining to this cloud though is that none of the proposed budget cuts so far include any full time employees.
The Alamo Colleges include San Antonio College, St. Philip's College, Palo Alto College, Northwest Vista College, and Northeast Lakeview College.