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Dateline: August 26, 2004
CC
Regents approve budget for FY 2005
By
Roger Estlack, Clarendon Enterprise
Clarendon
College Regents approved a $4.22 million general and education budget for
the coming fiscal year when they met in regular session last Thursday.
The
board also authorized a $1.593 million auxiliary budget.
“One
of the biggest issues facing the college budget this year has been the
continuing shortfall in state appropriations,” said CC President Myles
Shelton.
In
addition to the cuts in direct appropriations which began over a year ago,
Shelton said CC is having a hard time dealing with reductions in state
funding for state mandated health benefits.
In
fiscal year 2002, Clarendon College paid just $17,000 for its share of
employee health insurance. But reductions in state funding combined with
higher premiums has caused CC’s health insurance line item to skyrocket
to a projected $179,000 in fiscal year 2005 – a 924 percent increase
over 2002.
Of
the total combined budgets of $5.813 million, only $317,000 comes from
local property taxes.
In
other college business, regents approved replacing the institution’s
telephone system which was struck by lightning several months ago. A bid
was accepted for a new ESI system from AMA•TechTel Communications with a
$29,957 price tag that will be paid for by insurance.
Regents
approved a proposal from Faith Fencing to install new fencing on the south
and west edges of the campus for $41,000.
Board
members received a report regarding the ongoing talks with Reynosa
Construction and unresolved issues with the college’s new residence
hall.
An
update was also given on the progress of the new Dickey Library, which
Shelton says is way ahead of schedule. Work is currently being held up by
light fixtures which are on order. The building should be completed in
October, and furniture should arrive in November. CC students will begin
using the facility next semester.
The
board approved hiring Judy Newton for a secretarial position and Becky
Hardcastle for a single semester as a developmental studies teacher.
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