JWCC Trustees Approve Balanced Budget, Tuition Freeze and Strategic Plan for 2020 Fiscal Year
John Wood Community College Board of Trustees approved a $15,539,874 balanced budget and adopted the College’s strategic plan for the 2020 fiscal year during its regular meeting Wednesday, July 17.
For the third straight year, JWCC’s budget has included a tuition and institutional fee freeze. All in-district, out-of-district and online students will not experience tuition or institutional fee increases during the 2019-2020 academic year.
“Affordability and accessibility are vital for anyone seeking education whether they are pursuing a degree or certificate, taking part in training for their career or by enrolling in a class for personal enrichment,” JWCC President Michael Elbe said. “Our mission is to make those opportunities as accessible as possible, especially the cost because individuals who access education at every stage in life help themselves, their communities, and our region’s economic prosperity.”
The 2020 budget is $551,592 higher than last year to support strategic plan initiatives, enrollment priorities and College contractual obligations.
More than a dozen enrollment initiatives are part of the 2020 proposed budget, including scholarships to attract students into career, technical and health science programs.
“Our board continues to balance its conservative fiscal approach with investments in strategic initiatives,” Elbe shared. “Our faculty and staff have worked together on these initiatives which aim to boost enrollment in programs that connect with key workforce needs. This strategic approach will help the College grow in a challenging environment that combines low unemployment rates and more competition for a smaller pool of high school graduates.”
Increased revenues are based on a projected 42,400 credit hours, which is 250 more than the current year’s budgeted amount, flat state funding and property taxes.
In other business, the Board:
- Accepted $32,588 in grant funds from the Illinois State Library and Secretary of State to coordinate adult literacy volunteer instruction.
- Authorized entry into a one-year, $10,000 contract with renewal options with American Central Insurance Company for health insurance brokerage services.
- The next regular meeting of the JWCC Board of Trustees is August 21 in Quincy.
John Wood Community College is the educational link between business and community. JWCC collaboratively creates innovative and relevant academic and training programs with business leaders to educate young people and the workforce for today’s needs and tomorrow’s opportunities. JWCC has centers in Quincy, Pittsfield, Baylis and Mt. Sterling, Illinois. Programs include a comprehensive baccalaureate transfer curriculum, customized business training, career/technical degrees and certificates and personal enrichment courses.
Learn more at: www.jwcc.edu.