COMMUNITY COLLEGE APPROVES BUDGET FOR 2009-10

The St. Charles Community College (SCC) Board of Trustees approved an operating budget of $34,575,000 for fiscal year 2009-10 at its recent June meeting. The new fiscal year starts July 1.
 
The 2009-10 budget reflects a projected increase of about 1 percent over the current year budget of $34,250,000. The 2009-10 funding includes appropriations at the same level as 2008-09 from the state of Missouri and local assessed property valuation, as well as a modest increase in total student credit hours.  There will not be an increase in the $80 per credit hour tuition rate in 2009-10.

Projected expenditures include funding for one new technology position and additional hours for four existing positions; more than $342,000 in new capital equipment and technology upgrades (much of which will be funded with matching federal grants); increases in utility costs; increases in employee health insurance premiums and state retirement programs; and a 2.5 percent overall salary adjustment for faculty and staff.

The 2009-10 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.
 
The three primary revenue sources for the college include state appropriations, tuition, and local property taxes.  At a glance, the following are projected revenues for 2009-10:

–     State appropriations, $8,285,000.  

–     Student tuition, $13,195,000.

–     Local tax revenue, $12,625,000.  

–     Vocational grants and contracts, $155,000.
 
–     Investment Earnings, $108,000
 
–     Other miscellaneous revenues, $207,000.  

The 2009-10 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 6 percent increase over the 2008 summer term. Enrollment for fall classes is now under way, with fall semester classes to start on Aug. 15.
 
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.

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