The Financial Resources Committee is a standing committee of the Citrus College Steering Committee.
Purpose Statement
The purpose of the Financial Resources Committee is to maintain effective communication concerning district financial resources and business operations, including reviewing income and expenditure assumptions, addressing program and facility needs, making recommendations, and informing various college constituents of the status of funding and expenditures and any modifications made to the budget throughout the year, in response to funding changes. Committee members are expected to be knowledgeable about the district's budgeting process and are expected to focus on the entire budget, rather than isolated parts of the budget that affect only individual cost centers or constituency groups. The committee ensures fiscal transparency by providing/sharing information with represented constituency groups.
The committee reviews policies and procedures related to district financial resources and business operations; adheres to accreditation standards relating to the district's financial resources; and reviews and forwards recommendations of the Financial Resources Committee to the Steering Committee. The committee ensures that budget assumptions are planned in accordance with applicable focus areas and strategies of the 2021-2026 Citrus College Strategic Plan.
2025/2026 Responsibilities
- Develop the annual budget calendar.
- Review and approve budget priorities to be used in development of the annual ongoing general fund budget assumptions.
- Review and approve the ongoing unrestricted general fund budget assumptions at the following intervals: preliminary; tentative; proposed.
- Review and consider one-time resource requests from the Program Review process, including funding requests for institutional planning efforts.
- Generate and share information with constituency groups regarding the state budget and the district budget development priorities and assumptions.
- Review quarterly financial reports and other key information regarding district financial resources and business operations.
- Conduct research, formulate strategies, consult with experts and make recommendations relative to matters of district financial resources and business operations.
Meeting Frequency for 2025/2026
The committee meets the first Wednesday of each month, year-round, at 2 p.m. in AD 109C.
July 2, 2025
August 6, 2025
September 3, 2025
October 1, 2025
November 5, 2025
December 3, 2025
January 7, 2026
February 4, 2026
March 4, 2026
April 1, 2026
May 6, 2026
June 3, 2026
Committee Composition
The number of members (14) is recommended by FRC and approved by the Steering Committee. Representatives from constituent groups are selected by those groups.
Academic Senate
Classified
Management
Students
Supervisor/Confidential
Meeting Minutes
2025
10 01 2025 minutes
09 03 2025 minutes
08 06 2025 minutes
07 02 2025 minutes
06 04 2025 minutes
05 07 2025 minutes
04 02 2025 minutes
03 05 2025 minutes
02 05 2025 minutes
2024
11 06 2024 minutes
09 04 2024 minutes
08 07 2024 minutes
06 05 2024 minutes
05 08 2024 minutes
04 03 2024 minutes
03 06 2024 minutes
02 07 2024 minutes
For minutes prior to 2024, please contact Michelle Dev Anandhan, FRC recording secretary, at
mdevanandhan@citruscollege.edu.
The minutes (PDF files) listed above have undergone remediation to improve their accessibility for users with disabilities, particularly those who rely on assistive technologies like screen readers.