September 13, 2016
The Mt. San Jacinto College Board of Trustees adopted the 2016-2017 budget during its regular meeting on Sept. 8, 2016.
The Board of Trustees adopted the $83.5 million General Fund budget for 2016-17. The unrestricted General Fund pays for operations, materials, supplies, salaries and benefits, among other things. The District’s total $224.2 million budget includes funds that are restricted for use in specific areas.
This is the largest district budget to date. The increase is due to the passage of Measure AA, increased state funding and student population growth. With an 11 percent growth rate, MSJC ranked as the fastest-growing college in the state for 2015-16. It’s on target to remain the fastest growing again for 2016-17 with a 6.76 percent growth rate for 2016-17.
Highlights of the budget:
- Hire 13 new faculty, three replacement faculty members due to retirements/resignations
- Include Four Percent Increase for Enrollment Growth to provide more access to students
- Increase Board Reserve from 6% to 7%
The board will hold its next regular meeting at 3:30 p.m. on Oct. 13, 2016. A board workshop to review security enhancements at the district will be held at 2 p.m. on Oct. 27.