by Staff reports, posted Thursday, April 30, 2020 (3 years ago)
ONTARIO, Calif. (BP) -- In its spring meeting, Gateway Seminary's Board of Trustees approved a 2020-21 budget of $11,500,000 -- 2.1 percent less than in 2019-20 -- and authorized the seminary's participation in the federal Paycheck Protection Program.
The budget, approved during the virtual meeting Tuesday (April 28), reflects a $250,000 reduction from the 2019-20 operating budget of $11,750,000 and a 3.8 percent reduction from the original budget proposal for 2020-21 ($11,950,000). Read More