South Bay
In marked contrast to many other community college districts, El Camino College is expected to finish the fiscal year on June 30 with a balance of about $2.4 million from a budget of $35.5 million. The Los Angeles district, for example, was forced last week to borrow $5 million from the county to meet its payroll.
El Camino President Rafael L. Cortada said “prudent fiscal policies” and a $10.6-million reserve from the 1980-81 school year have enabled the college to weather the financial storms that have buffeted other community colleges in recent years. He noted that El Camino maintained its staff level of 767 full-time employees and eliminated $6 million in deficits since 1982.
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