HCC trustees OK $23.9 million budget

June 21, 2006|by TIFFANY ARNOLD

Hagerstown Community College's Board of Trustees on Tuesday unanimously approved a $23.9 million budget for 2007 at its regular monthly meeting.

The budget, effective July 1, is 11 percent higher than last year's budget of $21.5 million. It also is slightly more than the $23.6 million budget that HCC President Guy Altieri presented to the Washington County Commissioners in March.

Board President Merle Elliott said this year's budget, contained in a 207-page document, was the most comprehensive he has seen in years.

Anna Barker, HCC's vice president of administration and finance, outlined key portions of the budget during the meeting.

Barker said that the most significant changes would come from increased spending on salaries and benefits, and from an anticipated increase in revenue from student tuition and fees, which will account for nearly half of the college's overall revenue.


HCC will spend roughly $17 million on salaries and benefits in fiscal year 2007, up from the $15 million it spent in 2006. Barker said the rise in spending reflected faculty and staff raises, and the creation of seven new positions.

Increased revenue from student tuition and fees was based on growth projections, Barker said. The college is expecting enrollment to grow 5 percent, according to board documents. Last year's fall enrollment was around 3,600.

Students now will pay $93 per credit hour to attend HCC, up from $89. The rate is the third highest among the 16 public community colleges in the state, according to documents provided by HCC.

The college's revenue also includes $6.9 million it expects from the county. The county's share would account for 29 percent of the college's overall revenue, bringing it closer to the 33 percent statewide average for county support to community colleges.

The county contributed a little more than $6 million to HCC's revenue in 2006, according to documents distributed to the board Tuesday. The state will provide $5.8 million in 2007.

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