24-25 Budget Development

Budget Message & Proposed Budget

FY25 Proposed Budget (including budget message)
- *The FY25 Budget was adopted by the Board of Education on June 5th. The Adopted Budget will be completed and posted to this website before July 1st, 2024.

FY24 & FY25 Budget Overview (Board Presentation on November 1, 2024)
Initial Five-year Financial Forecast (Board Presentation on December 20, 2024
- Includes overview of HEPI/CPI updates
Initial Budget Parameters for Budget Setting (Board Presentation on January 4, 2024)
Second Quarter Financial Update (Board Presentation on February 2, 2024)
Enrollment and Credit Trends Overview (Presentation to Budget Development Subcommittee on February 21, 2024)
Tuition Setting for FY25 (Board Presentation on March 6, 2024)
- Approved by Board at meeting
Short-range Scenario Planning Update for FY24-28 (Board Information Document on March 20, 2024)
CFI and FY23 Audit Updates (Board Presentation on March 20, 2024)
Mandatory Fee Setting for FY25 (Board Presentation on April 17, 2024)
- Approved by Board at meeting
Third Quarter Financial Update (Board Presentation on May 15, 2024)

*Recordings, agendas, and presentations can all be found on the LCC BoardDocs website.

The LCC Budget Committee approved the FY25 Proposed Budget during the May 22nd budget hearing. The LCC Board of Education adopted the FY25 Budget during the June 5th regular session under Resolution Number 696.