The Telescope

Five-Year Plan: The Future of Palomar’s Budget

Aimee De Luna, Giovanni Vallido, and Matthew Villapando • April 9, 2021

Story by Aimee De Luna, Giovanni Vallido and Matthew Villapando As Palomar works to solve a budget crisis that left the school assigned to a fiscal officer, the budget for the future is more important...

Palomar Finances Continue to Improve According to Fiscal Reports

Katie Decker, Ashley Yellich, and Parker Meister • November 21, 2020

Story by Katie Decker, Ashley Yellich and Parker Meister SAN MARCOS—The state fiscal monitor in charge of watching Palomar College’s finances states that the college is improving, but still has...

Decrease in Palomar’s Fiscal Budget

Nohea Cacatian, Marcos Novoa, and Sheila Izvernari • November 18, 2020

Story by Nohea Cacatian, Marcos Novoa and Sheila Izvernari SAN MARCOS–Palomar College’s fiscal year of 2020-2021 has seen a significant decrease in budgets. In the comparison of adopted budgets...

‘We’re in a more difficult environment’: Palomar’s budget crisis and next steps for the District

Ana Acosta • May 13, 2020

Palomar officials held a virtual meeting to discuss the college’s state of the budget and solutions for the fiscal crisis on April 29. The District has been working towards resolving a looming budget...

Fiscal analysis reveals Palomar District is in a $12 million deficit

Summer Aguirre and Ana Acosta • December 9, 2019

Story by Ana Acosta and Summer Aguirre The Palomar district is in a $12 million deficit and nearing fiscal insolvency, as revealed through a recent risk analysis report. The Fiscal Crisis and Management...

California’s new college funding formula will require Palomar’s financial team to adapt

Ana Acosta • April 9, 2019

Story by Kiral Lepard A new funding formula established by the State will put Palomar in a $3 million deficit if it cannot adapt to the change within the three year hold harmless stage. During...