HCC Trustees Approve 2007 Budget
Highland Community College Trustees held a budget work session on Tuesday prior to adopting the fiscal year 2007 budget during the regular meeting. The College operating budget totals $12.1 million. An additional $2.4 million in revenue provided by the sale of bonds will fund technology and infrastructure upgrades. The bond sale, which was also given final approval during the meeting, will not increase the college’s overall tax rate due to a decrease in the protection, health and safety fund.
“The Trustees adopted a balanced budget for fiscal year 2007. One of the most critical challenges we face is the continuing decline in state funding,” said Vice President of Administrative Services Jill Janssen.
State funding used to make up approximately 33% of community college operating budgets. For fiscal year 2007, state support will total 24.5% of the revenue and local taxes will account for 43.9%. Jill reported that state funding for higher education is 8.4% less than it was in 1992 when you extract State Universities Retirement System (SURS) retirement funding. During the meeting, Trustees discussed opportunities for sharing this budget impact information with legislators and other state government officials.
The College balanced the budget by reducing expenses by almost $144,000. The cuts came from a reduction in contractual services, materials and supplies, and changes in personnel. Instruction makes up 47.6% of the budget expenditures, operations and maintenance requires 11.5% and the administration of the college accounts for 10%.
Trustees filled two administrative positions during the meeting, both with people that started their college education at Highland. Mark Jansen was appointed director of adult education replacing Sandy Feaver who retired this month. Mark most recently worked as a grade school principal. Kathy Bangasser was named director of financial aid. Kathy held a similar position at HCC in 1998 and 1999 and worked most recently as finance manager for Honeywell Sensing and Control.
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