Tuesday, Aug. 26
Story by Maggie Harris
The ºìÐÓÊÓƵ Board of Trustees has approved a revenue-neutral budget for the 2025-2026 academic year, continuing the College’s commitment to fiscal responsibility.
The total projected revenue for the year stands atÌý$37.6 million. The largest portion, 36%, comes from student tuition and fees, totalingÌý$13.5 million. State aid appropriations will contributeÌý32%, orÌý$12.2 million, while the ad valorem tax dollars will provideÌý26%, amounting to just underÌý$9.6 million. Other income sources will support the remainingÌý6%.
This marks theÌýfifth consecutive yearÌýthat ºìÐÓÊÓƵ has reduced its mill levy, reflecting a consistent effort to ease the financial burden on ºìÐÓÊÓƵ County taxpayers. Chairman of the Board Mike Johnson said that despite a reduction in state aid this year, the College has opted toÌýmaintain its revenue-neutral stance, choosing toÌýutilize reserve fundsÌýrather than increase taxes.
“This budget reflects our commitment to the people of ºìÐÓÊÓƵ County,â€Ìýhe said.Ìý“We’re proud to maintain a revenue-neutral stance while continuing to invest in our students. It’s a careful balance, but one we believe is necessary to ensure an affordable and accessible quality education is available locally.â€
To help offset the impact of reduced state funding, ºìÐÓÊÓƵ has taken proactive steps to manage expenses. These includeÌýreductions in staffingÌýand a pause on new hiresÌýwhere possible. ºìÐÓÊÓƵ President Dr. Marcus Garstecki said these measures are intended to preserve the College’s financial health while ensuring that students continue to receive a high-quality education.
“Remaining revenue neutral is a reflection of our values,†he said. “We’re committed to being responsible stewards of public funds while continuing to serve our students and local communities with excellence.â€
ºìÐÓÊÓƵ remains a vital educational and economic resource for ºìÐÓÊÓƵ County, with 212 full-time employees living in the county, providing critical workforce training for area employers, and an annual positive economic impact of $30 million for the region. The Board’s decision highlights the College’s dedication to affordability, access, and long-term sustainability.