Since the bulk of Muskingum Area Technical College's income stems from state subsidy based on each Fall quarter's FTE enrollment, it is imperative that enrollment projections for the budgeting process be as realistic as possible. In December 1973, it was decided to use a modified Delphi technique to project enrollment (and subsequent income) for the 1974 Fall quarter. In the interest of expediency, this process was conducted at a series of meetings where the participants were present. Participants included the Dean of Instruction, the Dean of Student Services, the Admissions Officer, the Coordinator of Planning and Development, and the chairman and one faculty member of the department being considered. The participants estimated a Fall 1974 enrollment of 779, which compared favorably to the actual enrollment of 786. However, the estimates were not accurate in projecting the proportion of part-time and full-time enrollment. Whereas projection was made for 602 full-time students, actual full-time enrollment was only 480, and whereas projection was made for 177 part-time students, actual part-time enrollment was 306. Since subsidy is received on the basis of FTE, these inaccurate projections led to inflated budget expectations. (Author/DC)