DANVILLE — Danville Area Community College officials this week will unveil a preliminary budget for the new fiscal year that would allow the college to launch a new health care professions program, beef up its full-time faculty and move forward with two major building projects.
Trustees on Tuesday will vote on whether to put the proposal on display and then hold a public hearing on Sept. 24. They will vote on whether to adopt the plan after the hearing next month.
The DACC board will meet at 7 p.m. Tuesday in Vermilion Hall, Room 302, at the campus, 2000 E. Main St. A copy of the agenda and board packet is available online at http://bit.ly/15Om3sA.
Under the proposed budget, the college would spend a total of about $32.75 million over fiscal year 2014, which began July 1 and ends on June 30, 2014. That's down from the fiscal year 2013 budget of about $34.42 million.
The proposed operating budget — unrestricted funds that pay for salaries and benefits, contractual services, utilities and other day-to-day expenses — would bring in about $15.9 million in revenue and spend about $16.15 million, leaving a $244,068 shortfall.
However, President Alice Jacobs said carry-over funds would be used to balance the budget.
"It will be another tight budget year simply because the (equalized assessed valuation of property in the district) has the potential to go down, state dollars have the potential to go down, and pension reform will impact the college. We need to prepare to assume a portion, if not all, of the employees' pension costs," Jacobs said.
The college anticipates bringing in about $4.19 million in state funds for its operating budget, which is down 2.3 percent from last year. Jacobs said the state is still behind in payments to DACC.
"It varies, but it's between $1.5 million and $2 million," she said.
The college also anticipates raising about $6.54 million in tuition, and about $4.62 million in property tax revenue. The college's tax rate is expected to be about 62.57 cents per $100 of assessed valuation — slightly lower than the current rate of 63.07 cents — depending on the fluctuation in equalized assessed valuation, officials said.
The college would also bring in about $451,000 in other funds.
Jacobs said the new budget would allow the college to create a full-time faculty position for its new Certified Medical Assistant certificate program, which is being developed. The program is designed to provide entry-level theory and limited hands-on training in basic and routine clinical and office tasks, and DACC officials specifically developed it upon a request from Carle officials.
"This will be another avenue for students who are interested in the health professions," Jacobs said.
DACC is still waiting for approval from the Illinois Community College Board and the Higher Learning Commission. The program could be available in January.
Jacobs said the proposal would allow the college to replace part-time faculty members with full-time ones in math, art, Spanish, certified nursing assistant and heating/ventilation/air-conditioning programs.
In addition, the overall budget includes funding to complete the renovation of the new Hoopeston Extension Site, at 847 E. Orange St., which will open in September. It also includes money to build the 10,000-square-foot addition onto the Harry J. Braun Technology Center, which could start later this fall.