Jefferson Community College will ask for a 3.5 percent increase in sponsor contribution from Jefferson County for its 2012-13 budget.
The proposed $26,677,142 budget was presented during a special board of trustees meeting Monday afternoon.
We tried to build the budget this year using a very conservative revenue assumption, college President Carole A. McCoy said.
During the budgeting process, Vice President for Administration and Finance Daniel J. Dupee II projected revenue by using the spring semesters final enrollment estimate number, even though enrollment already is up by 3.5 percent for the fall semester.
Total expenditures are a 5.6 percent increase, or $1,417,766, from this years $25,259,376. Total revenue features the same estimates.
Next years local share is $6,241,835, an 8 percent, or $464,637, increase from last years $5,777,198. Most of that, $4,630,151, is expected to come from Jefferson County as the sponsoring county. Local share also includes revenue from other counties whose students attend JCC.
The 3.5 percent from the county keeps us from having to raise tuition too high, Mrs. McCoy said.
State aid will cover nearly 24 percent of the total budget, while tuition will cover nearly 43 percent. Tuition totals are projected at $11,499,556, a 3.3 percent, or $372,348, increase from this years $11,127,208. However, student tuition will increase 2.6 percent, which is approximately $48 for full-time students per semester and $4 for part-time students per credit hour.
The college will add a $2-per-credit-hour technology fee and a $25-per-semester nursing program fee. Mrs. McCoy said the nursing program is expensive for the college because of the low teacher-to-student ratio and the high cost of much of the equipment.
Costs were kept relatively low for the budget because the college is preparing to hire residence life staff members when the new dormitories open in the fall of 2014.
Jefferson County and JCCs board of trustees will vote on the official budget in July.
Everyones known someone whos benefited, so lets just keep that message out there, said Trustee Doris H. McLallen.