The Grand Rapids Community College Board of Trustees approved a $107 million budget, along with a two percent tuition increase, for the 2016-17 fiscal year.
The budget was set based on projected total revenue totalling $107,968,904 in 2016-17, compared to last year’s $107,431,692.
Vice President of Finance and Administration Lisa Freiburger said the college is on budget so far this summer.
“I believe we’re on solid financial footing and I’m pleased with where we are,” Freiburger said.
Freiburger said as enrollment goes down, the college is reducing expenses to stay within budget. For example, not all positions are filled at the college, considering the highest expense in the budget is always salaries and benefits.
As approved in March, tuition increased by two percent in this year’s budget. Resident tuition increased by $3 to $111 per contact hour, non-resident tuition increased by $6 to $238 per contact hour and out of state tuition increased by $9 to $353 per credit hour.
A two percent salary increase was also approved for GRCC President Steven Ender and his executive staff. The college president’s salary now earns an annual $219,582, compared to his previous salary of $215,276. The total increase in executive salaries totaled $19,571.
The executive members who received this salary increase include:
- Vice President for College Advancement – Kathryn Mullins
- Chief Information Officer – David Anderson
- Provost and Executive Vice President for Academic and Student Affairs – Laurie Chesley
- Vice President and Dean of the School of Workforce Development – Bill Pink
- Vice President for Finance and Administration – Lisa Freiburger
- Executive Assistant to the President and Board of Trustees – Misty McClure-Anderson