The Relationship of State-level Community College Financial Regulations and the Community Orientation of Institutions

Through factor analysis six measures of state financial regulation were identified: (1) Budget Flexibility, (2) Budget Form, (3) Expenditure Oversight, 4) Tuition and Revenue Control, (5) Local Authority and (6) Personnel Administration. The 62 state system responses to each of these six measures of state financial regulation were utilized to develop seven regulatory types through cluster analysis. These seven financial regulatory types were found to lie on a continuum of high to low regulation. Based