Home > Money Problems, But Not Mine

Money Problems, But Not Mine

October 10th, 2013 at 09:53 pm

It's been a very busy work day; hardly time to think of money at all!

The College is thinking of money, though. We're facing a budget shortfall from falling enrollment. It's keeping our VP of Finance up at night. At the end of the month, the Board of Trustees will decide on cost-cutting measures, but we were assured today that there would be no layoffs, and that the President will make good on his promise for a 2% raise.

My treasurer job just became a little harder today, too. I got an email from our former board president that our web hosting will be cut off if we do not pay -- but the bill is charged to her credit card, which is expired. I am asked to "fix." However, I cannot get into the site -- I don't know the id and password, and the ones I was given don't work. The customer service at the site can't give me the login information for security reasons. So, for security reasons, they won't get paid. They are contacting the account owner (not even sure who that is, but I suspect the former president, who hasn't answered any emails since she laid that bombshell on me). If she tells them I am okay, I guess I will then get access and be able to pay. Good grief. If only I could write them a check! But they apparently have no business address -- no business phone either.

2 Responses to “Money Problems, But Not Mine”

  1. My English Castle Says:

    Yep, same here with enrollments. It seems to be a demographic shift. We're working on it. But it is worrying; not for me, but for lots of folks.

  2. CB in the City Says:

    Yes, with only two years left, I have no worries, but it does concern me that colleges in general are losing ground financially. I'm afraid we're going to see a lot of closings in the next 20 years or so.

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