JWCC Trustees Approve Balanced Budget for 2019
John Wood Community College Board of Trustees approved a $14,988,282 balanced budget for the 2019 fiscal year during its regular meeting Wednesday, July 18.
Tuition and fees account for 54 percent of JWCC’s total budgeted revenue, corporate and personal property taxes make up 35 percent, state funding 6 percent and 5 percent is from grant, facilities rentals and other sources.
The budget is $771,315 higher than the previous year and follows a trend of decreasing budgets, the last of which was the lowest since 2009.
“In the previous six years, the College decreased its budget by $1.4 million dollars through a concerted effort to operate more efficiently and effectively,” Mike Elbe, JWCC president said. “While we remain fiscally conservative, this year we are investing more dollars in larger strategic recruitment initiatives, knowing enrollment is more than half of our revenue. We believe our new initiatives and program expansion will result in more credit hours in the near future.”
Trustees also received a special report on disability and counseling services from Rob Hodgson, JWCC director of support services. Disability and counseling services are two of many components in JWCC’s ongoing student success and retention efforts.
The College achieved a 79 percent retention rate between the Fall 2016 and Spring 2017 semesters, which is the highest rate in more than a decade. JWCC’s disability services provide a wide range of support to help students with physical, social, emotional and learning disabilities to ensure their success. Demand for disability and counseling services has and will continue to increase as more students self-identify disabilities and reject stigmas associated with mental illness. Seventy-four students accessed counseling services in the last year and 208 received disability services, which represents about a 20 percent increase in both areas from the previous year.
In other business, the Board:
Adopted the 2019 Strategic Plan.
Approved changing the November 21 Board of Trustees meeting to November 14.
Revised Board Policy 404 regarding International Students.
Authorized submission of a grant in the range between $4,000 and $6,000 to the Health and Wellness Foundation of Pike County to support scholarships for the College for Life program.
The next regular meeting of the JWCC Board of Trustees is scheduled for August 15 at the JWCC Agricultural Education Center in Baylis.