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  • Wednesday, July 20, 2016
    Blinn board adopts budget for 2016-17
    Blinn College trustees Tuesday approved the adoption of the 2016-17 fiscal year budget and stipends that will be implemented on Sept. 1.
     
    “The budget process at Blinn is a 12-month process where we take into account strategic planning, institutional initiatives, internal and external cost factors, revenue and funding analysts, tuitions fees and rates compared to other community colleges….all of that goes into the budget,” Kelli Shomaker, Blinn’s senior vice president for finance and administrative services.

    The budget totals $107.9 million, a 1 percent increase over the previous year.
     
    The budget also includes a 3.5 percent salary increase for staff and full-time faculty, and a $50 increase per course for part-time faculty.
     
    The increase in salary and benefits expenses will total approximately $2 million and is the “reason for the majority of variances” between last year’s budget compared to this year’s, said Shomaker.
     
    Tuition and fees will represent approximately $60 million, or 66 percent, of Blinn’s total revenue.
     
    “We are very heavily dependent on tuition and fees,” Shomaker stated.
     
    In addition, the budget anticipates approximately $29 million in state funding and less than $1.8 million in tax revenue.
     
    “Blinn College intends to use tax revenues to cover facility, maintenance and utility cost associated with the Brenham campus only,” Shomaker said.
     
    Blinn only collects property tax revenue in Washington County, and per state law, those funds can only be utilized on the Blinn-Brenham campus.
     
    In addition, trustees approved the award for depository bank services to Brenham National Bank, who is the current provider of the service. The term will be in effect for three years beginning Sept. 1 of this year and end in August 2019. There will be an option to renew a one-year term.

    Source: Brenham Banner-Press