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.