NorthWest Arkansas Community College plans to balance its budget in fiscal 2015 without seeking increases in either tuition or fees.
Evelyn Jorgenson, college president, and Debi Buckley, chief financial officer, presented details of their budget proposal at a meeting today of more than 60 faculty and staff members. The Board of Trustees will consider approving the budget at its next meeting April 14. The fiscal year runs July 1 to June 30.
The proposed $41.1 million budget represents a decrease in spending of $1.2 million, or 2.9 percent, from the current fiscal year.
"We are very proud we are presenting a balanced budget," Buckley said.
This would be the first time in seven years the college has not raised tuition or fees. Last year the college did not raise tuition but did raise several student fees and implemented three new ones.