JWCC Trustees Approve Balanced Budget for Fiscal 2016
John Wood Community College Trustees formally approve a 14.3 million dollar balanced budget for the 2016 fiscal year.
The spending plan is 23-thousand dollars less than the 2015 budget and includes a 556-thousand dollar reduction in state funding. Over the last four fiscal years, JWCC has cut 1.3-million dollars in operating costs. College officials say the leaner budget maintains the same level and quality of academic programs and services. Projected increases in credit hours taken by students and a slightly higher tuition rate are expected to offset most of the reduction in state funding.
In-district tuition per credit hour increases by five dollars to $147. The hike amounts to an extra 160 dollars a year for an in-district student taking 32 credit hours.