Thursday, May 19, 2016

JCC Trustees Approve 2016-2017 Budget, say enrollment is down

Jamestown Community College's 2016-17 budget was approved at the May 17 meeting of the college's board of trustees. The new budget, which totals $33,610,758, is 6.0% smaller than the college's 2015-16 spending plan. JCC's new fiscal year begins September 1, 2016.
The approved budget includes a state aid amount of $2,697 per full-time equivalent (FTE), which is up slightly from the 2015-16 budget. Full-time New York resident tuition will increase by $55 to $2,315 per semester. The out-of-state tuition rate will be $4,630 per semester.
“I appreciate the efforts of JCC’s administrative team to develop a strong budget in a time when we are experiencing a decline in our enrollment,” said JCC President Cory L. Duckworth. “This new budget represents a great deal of innovation and collaboration, allowing us to protect the integrity of JCC’s educational quality, programs, and services.”
Dr. Duckworth noted that the 6% decline in the budget reflects operating budget efficiencies as well as personnel reductions that include retirements and vacant positions that will not be filled.
“JCC is not alone in facing an enrollment decline,” Dr. Duckworth said, noting the impact negative demographic shifts have had on college and university enrollments throughout the Northeast. “Although we have a smaller budget for the coming year, JCC has a healthy financial foundation that ensures our strong presence in the region.”