Budget Forecasting and Integrated Strategic Planning for Leaders

Matt Salehi
Additional contact information
Matt Salehi: Mehdi

Papers from arXiv.org

Abstract: This study explored how advanced budgeting techniques and economic indicators influence funding levels and strategic alignment in California Community Colleges (CCCs). Despite widespread implementation of budgeting reforms, many CCCs continue to face challenges aligning financial planning with institutional missions, particularly in supporting diversity, equity, and inclusion (DEI) initiatives. The study used a quantitative correlational design, analyzing 30 years of publicly available economic data, including unemployment rates, GDP growth, and CPI, in relation to CCC funding trends. Results revealed a strong positive correlation between GDP growth and CCC funding levels, as well as between CPI and funding levels, underscoring the predictive value of macroeconomic indicators in budget planning. These findings emphasize the need for educational leaders to integrate economic forecasting into budget planning processes to safeguard institutional effectiveness and sustain programs serving underrepresented student populations.

Date: 2025-10
New Economics Papers: this item is included in nep-for
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://arxiv.org/pdf/2510.26035 Latest version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2510.26035

Access Statistics for this paper

More papers in Papers from arXiv.org
Bibliographic data for series maintained by arXiv administrators ().