financialaccreditation

 

sectiond2c

Page history last edited by Jackie Whitehouse 2 yrs ago

Standard III - Section D 2.C

 


 

1. Review the Specific Standard Section

 

c. The institution has sufficient cash flow and reserves to maintain stability, strategies for appropriate risk management, and realistic plans to meet financial emergencies and unforeseen occurrences.

 

2. List of Team Members working on this Standard

 

 

 

 

 

 

3. Read and Review Self-Study Questions and Suggested Source of Evidence

 

Major reference source for analyzing accreditation standards:

“Accreditation Commission Self Study Guidelines, August 2004, Guide to Evaluating Institutions”

http://www.ohlone.edu/org/instruction/docs/200408accredcomm-guidetoevaluatinginstitutions.pdf

 

4. Locate and Review the Evidence. 

 

 

Include Suggested Sources of Evidence from the “Guide to Evaluating Institutions” as well as additional engagement activities conducted by your Team, such as team meetings, special meetings of existing groups, special focus groups, open forums, surveys, etc…)

 

List of evidence being reviewed and engagement activities being conducted:

 

 

 

 

5. Descriptive Summary

 

Draft a brief one or two paragraph description of what the College is doing to meet the standard.

 

 

 

 

 

 

6. Integration Review

 

Is there an expression of our College Values?  Is there a contribution to our College Goals?  Is there an expression of the Accreditation Themes?

 

 Self Assessment:  The District monitors its cash flow on a weekly basis and every April an assessment is done to evaluate the necessity for a TRANs. The cash flow has been sufficient for the past 3 years so that the District has not required any outside assistance. After the mid year budget cuts of 2003-04, the District Board at the request of staff, set up a Rainy Day Reserve. This is in addition to the 5% contingency reserve that is recommended by the State Chancellor's Office. The current level of the reserve is $800,000. This reserve is specifically for short term use until a long term solution can be developed or for one time unanticipated events.

 

 

7. Self Evaluation

 

Provide a rating of how well the College is addressing the specific standard using this scoring rubric:

 

1. Superior: College has worked in this area and considerable improvement is noted

2. Satisfactory: College has taken some actions to address the area and some improvement is noted.

3. Needs Improvement: College has not adequately addressed the area.

 

Rating:

 

Draft a one or two paragraph explanation for this rating based upon your assessment of the College’s activities in relation to the standard. Pay particular attention to the quality of our involvement and interventions since the last WASC self-study report.

 

 

 

 

 

 

8. Planning Agenda

 

If the assessment process does not identify areas in need of change, simply state, No Plan Required

 

If the assessment process identifies areas in need of change, a planning agenda for improvement should be developed. The planning agenda should identify the activities and processes the institution should implement, or is implementing, to produce improvement.  How will these plans be incorporated into the evaluation and planning processes of the institution?  How will the outcomes of this planning agenda improve student learning and foster institutional improvement in general.

 

 Planning Agenda: No recommendations at this time

 

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