Assignment:
Finance & Funding Higher Education:
Muddy Watters Community College (MWCC). Higher Education Institution
You were originally allotted $120, 000, 000 to allocate funds at Muddy Waters Community College (MWCC). Due to COVID-19 impacts, you now have $100, 000, 000 in your financial budget. You are tasked with reducing the budget by at least 20%, but no more than 50%. You will need to consider how to allocate funding for services, instruction, and reprographics.
Instructions
Write a 3 to 5 page paper in which you:
1. Justify which areas of the budget you made reductions to for your chosen school or university.
2. Explain how the budget reductions affect the overall budget and operation of your chosen school or university.
3. Complete the Budget allocation spreadsheet [XLSX] for your chosen school or university.
o For help with Microsoft Excel spreadsheets, view the following videos:
o Navigating workbooks with CTRL shortcuts
o Navigating large data sheets
Complete the budget allocation table for your chosen school or university.
Use four sources to support your writing, outside of your textbook. Choose sources that are credible, relevant, and appropriate. Cite each source listed on your source page at least one time within your assignment. The references page and budget allocation table do not count towards the page total. For help with research, writing, and citation, access the library or review library guides.