Highland Community College adopts deficit budget - WREX.com – Rockford’s News Leader

Highland Community College adopts deficit budget

Posted:
FREEPORT (WREX) -

Highland Community College leaders approve a tentative budget and it's in the red.  The budget is for the 2013 fiscal year.

The plan won't be final until September when it's presented to the Illinois Community College Board.  Administrators say they expect a more than half a million dollar shortfall because of decreases in state funding and property taxes.  The deficit is expected to be around $450,000, but will be partially offset by a $360,000 surplus from this fiscal year.  The permanent budget, adopted in the fall could also have less deficit, if enrollment numbers go up.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WREX. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Administrative Assistant Trista Truesdale at (815) 335-7856. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at fccinfo@fcc.gov.