February 11, to increase tuition beginning with the fall 2009 semester. The increase was less than seven
percent for resident, in-district and service area students. “This modest increase of $5.00 keeps the tuition
at a lower rate than many similar-sized community colleges. The increases assure that Glen Oaks will be
able to continue with sound business operations and have the resources to provide needed programs and
services,” said Dr. Gary Wheeler, president.
Resident, in-district rate per contact hour increases from $72.00 to $77.00. The service area rate
per contact hour increases from $108.00 to $115.00 and out-of-district/international student rate remains
unchanged at $144.00. The Board also increased the student support fee from $3.00 to $5.00 per contact
hour and the technology fee from $7.00 to $8.00 per contact hour. Other costs including student I.D. card
fee, parking fee, and student activities fee remain the same.
The Board also greeted Marilyn Wieschowski, CPA, and Interim Chief Operations Officer.
Wieschowski reported total revenues year-to-date were $5.4 million, which represents 51% of the annual
budget. Expenses year-to-date were also $5.4 million, representing 52% of the annual budget. The
spending rate was about 1% higher than last year’s rate at this time. The net decrease in net assets as of
January 31, 2009 was $36,000, approximately $215,000 behind last year’s Net Increase at this time. The
budgeted increase in net assets at June 30, 2009 is $88,000.
Wieschowski said tuition revenue was $2.3 million through January and exceeded last year’s
figure at the same time by about $287,000. The increase is due to a 2.9% rate increase coupled with
enrollment increases for the fall and winter semesters. Payroll expenses were 4% higher than last year as a
percentage of budget spent. Fringe benefits expense also increased by 2% over this time last year, mainly
due to insurance rate increases and the additional pay period in January this year compared to last year.
Utilities and insurance increased by 3% over this time last year, though maintenance and repairs dropped
by 19% compared to the same time last year.
“Our long-term strategy ensures that revenue streams support our budget forecasts, strategic
goals, and offsets the shift from (former levels) of state and local funding. We lost $4.1 million from 2001
to 2008 in state support in spite of legislative intent, so our actual appropriations did not keep up with
inflation,” said Wieschowski.
In other action, the Board approved final provisions of a Consumers Energy General Educational
Institution (GEI) contract directing the firm to furnish electric service to the College for the coming year.