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FACC Learns of Proposed Budget

Submitted by on June 21, 2010 – 8:56 amNo Comment

During the June FACC general meeting, Glenn Little, vice president, Administrative Services, presented the 2010-11 proposed budget. Little said the total operating revenue is expected to increase by 4.1 percent. The revenue includes state and federal funding and tuition and fee increases. “The increase in tuition shifts more to the students and families, but the Pell Grant has also increased significantly the past few years, so most students won’t feel the impact.” The fiscal year’s fund balance, money that is set aside in case of unexpected expenses and for cash flow to pay bills in a timely manner, was set at 7 percent.

SFCC has seen enrollment grow an average of 6 to 7 percent and over 10 percent in college credit areas. Because of this growth, money has been set aside to hire additional adjunct instructors, one full-time developmental math instructor, a financial aid coordinator, and a general maintenance position. “We were also able to adjust the salary schedule by increasing some of the entry salaries by 2 percent,” Little said. “This helps us remain competitive in our hiring decisions.” According to Little, Dr. Stephens also thought it was important to give across the board raises this year, and the District Board of Trustees approved a 2.5 percent raise for eligible full- and part-time employees.

The proposed budget reflects for increasing utility expenses as well as property and health insurance cost increases and a continued high-level investment in technology resources throughout the college district.

Because the $1.25 million federal economic stimulus funds will no longer be appropriated after the 2010-11 fiscal year, Little is concerned about the next budget year and the financial challenges that lie ahead for the state. “It may be a tough budget year next year,” said Little, “but overall, we are pleased to see an increase in funding especially in a tough economy. Because of the tremendous growth of the Florida College System and SFCC over the past few years, the state recognized the value of the community college.”

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