RCC board adopts 2011-12 budget

    Rogue Community College board members adopted the school's 2011-12 budget of $36.1 million Tuesday following a public hearing, according to a news release.

    The adopted budget is $2.2 million more than the previous year's $33.9 million budget. The increase is due to a $10 per credit hour tuition increase, 2 percent property tax increase, yielding $11.2 million in total property taxes, and a beginning fund balance of $2.2 million.

    Public Employee Retirement System costs saw a $800,000 increase for school employees. Material costs also saw a 6.8 percent bump.

    About $1.2 million in additional part-time faculty costs was added to the budget to meet growing class demand.

    RCC officials said they also saved $160,000 with unpaid furlough days for employees during the 2010-11 school year.

    The school has a total of $2.24 million in reserves, $540,000 coming from the RCC board's stability reserve fund.

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