MSJC Board Approves 2018-19 Budget

September 14, 2018

MSJC Board of Trustees approved a $97,931,495 general fund budget for 2018-19 during the regular meeting on Sept. 13, 2018. The unrestricted General Fund pays for operations, materials, supplies, salaries and benefits, among other things. The District’s total $282,287,425 budget includes funds that are restricted for use in specific areas. The budget includes funds from facilities bond Measure AA. MSJC budgeted for serving 12,420 full-time equivalent students. 

  • The budget includes appropriations for 10 newly hired (net new) faculty. It also includes replacements for 10 teaching faculty.
  • Increase to STRS/PERS employer contributions
  • 7 percent Board Reserve