Cuesta College President Gil Stork and the college’s three vice presidents have once again agreed to take voluntary pay cuts.
In May, the college's board of trustees approved $2.9 million in cuts for the 2011-12 fiscal year, affecting the jobs of about 120 employees. Included in those cuts was a voluntary pay reduction of up to 5 percent of the salaries of the president and the college's three vice presidents.
However, in July the cuts to the college’s four top administrators' pay were delayed after the state budget was approved and the college’s projected budget shortfall was reduced. Stork postponed the pay cut with the caveat that if additional mid-year budget cuts were needed, the voluntary reduction would be made.
Cuesta has been advised by the Office of Finance and the State Controller’s Office to prepare for those mid-year reductions.
The Cuesta College Board of Trustees unanimously approved the voluntary pay cuts Wednesday for the 2012 fiscal year, saving the college $19,647.
Cuesta College officials are bracing for the possibility of mid-year state budget cuts that could leave the community college short about $600,000 to $700,000 in operational funding this year. Stork has said that those cuts could lead to an additional 10 to 15 layoffs as well as furloughs. Mid-year state budget cuts could also trigger an increase in state community college student fees to $46 per unit from $36 per unit now.