Next Year’s Budget has Good News!

Thank you to all of you who contributed budget cuts. We’ve hit our goal! The bottom line: we have a budget that projects a surplus of $1.3M, implements the third faculty step effective July 1, and includes a 2% cost of living adjustment effective January 1. Through this next year we will be working on increasing revenue and reducing expenses so that we can continue in subsequent years to provide cost of living adjustments and to restore the retirement match. We’re moving in a good direction! Thank you again for your help in getting us here.