Community College Approves Budget for 2010-11

Published: 06/24/2010

Funding for the 2010-11 budget is nearly flat in comparison to actual revenues received in 2009-10. The three primary revenue sources for the college include state appropriations, local property taxes and tuition. The 2010-11 budget reflects a 5.2 percent reduction in appropriations from the state of Missouri compared to 2009-10.  Funding will be essentially flat compared to local taxes received in 2009-10 and a 3 percent increase in total student credit hours is projected. There will not be an increase in the $80 per credit hour tuition rate in 2010-11.
 
Projected expenditures include funding for one education and one nursing faculty and full-time positions in information technology and enrollment services and additional hours were allocated for three existing positions.  Other expenditures included $287,900 in new capital equipment and contracts (much of which is designated for matching funds for federal grants); increases in utility costs; increases in employee health insurance premiums and state retirement programs; a market adjustment for full-time faculty; and a 1.75 percent general salary increase for faculty and staff.

The 2010-11 revenue and expenditure projections for SCC were developed through a planning process to meet student needs and prepare for the future, according to Todd Galbierz, SCC vice president for administrative services. 

At a glance, the following are projected revenues for 2010-11:

–  State appropriations, $7,854,548.  

–  Student tuition, $14,509,632. 

–  Local tax revenue, $12,900,000.  

–  Vocational grants and contracts, $155,000.

–  Investment Earnings, $100,750

–  Other miscellaneous revenues, $280,070.  
 
The 2010-11 budget is balanced, Galbierz said, and the college has sufficient reserves going into the new fiscal year.  

SCC serves nearly 10,000 students each year in its credit classes, with more than 59,000 additional enrollments in various non-credit, continuing education programs and activities. 

Nearly 3,500 students are enrolled in summer classes, a 1.5 percent increase over the 2009 summer term. Enrollment for fall classes is now under way, with fall semester classes to start on Aug. 21.
 
St. Charles Community College is a public, comprehensive two-year community college with associate degrees and certificate programs in the arts, business, sciences, and career-technical fields. SCC provides workforce training and community-based personal and professional development as well as cultural, recreational, and entertainment opportunities. For more information, visit www.stchas.edu.