BLINN BOARD PRESENTED WITH NEXT FISCAL YEAR BUDGET

  

The Blinn College Board of Trustees met and discussed the proposed budget for the Fiscal Year 2015-2016 Wednesday morning on the Blinn Brenham campus.

The Budget amount set is in the amount of 106.8 million dollars, up from the 2014-2015 budget amount of $93.9 million.

According to Kelli, Shoemaker, CFO/Sr. Vice President for Finance and Administrative Service, Blinn is expected to bring in approximately $9.3 million dollars from Tuition and Fees for the Spring of 2016, and approximately $1.6 million in State Appropriations in May, with $2.1 million in Auxiliary and other revenue.

These represent a total increase of 13.1 million over FY 2015.

Expected expenditure increases due to actions taken in the FY 15 budget include $3 million dollars, which taken into account increase in instructional expenditures, lease and operational expenses of the Tejas Center in Bryan, request for additional personnel, including two new financial aid, two new advisors, and one new police officer. Also being considered is the increase in instructional expenditures.

Also included is the debt service for the Bryan expansion project.

Funding that has been requested and tentatively approved include a three percent staff/faculty salary increase of three percent, for a total expenditure of $1.1 million dollars, and new technology request, totaling $500,000.

Also to be approved is approximately $3.3 million in contingency funds to have on hand in case of cost overruns.

According to the Board, enrollment is flat for the Fall 2015 semester.

The Board also approved the sale of a contract for a small tract of land in the Hurts Block 4, Lot 7 subdivision.

There will be another budget meeting Tuesday, August 4th, and the budget will be put before the Board for approval at the August meeting.

 

 

 

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