Designed to accompany the videotape, "Finance of California Community Colleges," this workbook contains information, worksheets, and forms designed to help viewers assimilate the videotape's presentations on the history and future of California community college finance, and on income and expenditures in community college budgets. First, a summary is provided of the eight different funding policies in effect between 1972 and 1982 and of the negative effects of frequent changes on community college districts. The next section defines average daily attendance (ADA) and describes three formulas for computing ADA for summer session, positive attendance, and census weeks. Next, formulas are provided for calculating state apportionment for 1982 (i.e., methods for determining 1982-83 base revenue, the inflation factor, ADA adjustments due to growth or decline, and total revenue). Next, forms from CCFS-311, the official public document by which a college district reports its budget to the state of California, are presented and explained. Finally, a glossary of budgeting terminology and a list of further readings are presented. (AYC)