JWCC Trustees Approve Tentative Balanced Budget for 2016
John Wood Community College Trustees approve a tentative 14.3 million dollar balanced budget for the coming year.
The fiscal 2016 budget is $23,000 smaller than the previous year’s spending plan and includes a $556,000 reduction in state funding. Over the last four years, JWCC has cut 1.3 million dollars in operating costs.
The college expects a projected increase in credit hours taken and a slight increase in tuition to offset most of the reduction in state money. In-district tuition increases from $142 per credit hour to $147.
The budget is subject to public review over the next month and is scheduled for formal adoption at the July board meeting.