The Clarendon College Board of Regents adopted a $9.2 million budget for fiscal year 2013 during a called meeting last Thursday, August 30.
The new budget is an increase over last year’s approved budget of $8.9 million. CC Dean of Administrative Services Annette Ferguson said the college adjusted some of its fees to make the budget work and said it deals with a loss of about $200,000 in state appropriations.
Board members said forward thinking helped make this year’s budget easier to prepare.
“We started in better shape this year because we were planning a year ago,” Regent Jerry Woodard said.
The college district will levy the same tax rate as in fiscal year 2012, but due to higher property values, that rate will generate about $13,000 more in revenue, Ferguson said.
Property taxes in Donley County provides about $400,000 in revenue for the college.
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