Saying that this year’s budget was formulated to meet inflation, growth and expansions costs, the Hudson County Community College Board of Trustees voted to approve its $40 million 2010 FY budget this week.
This includes $1.02 million of Reductions in Regular Operating Expenditures.
The budget was also approved by the County Executive and the Board of Chosen Freeholders’ Board of School Estimate.
Hudson County Community College President Dr. Glen Gabert said budget of $39,429,422 reflects an increase of 7.0% from FY 2009.
“The uncertainty of our economic climate continues to create a challenging environment. This is a fiscally conservative budget formulated to enable the College to provide courses and programs to more and more Hudson County residents who are about to embark on their first careers, are retooling their present careers, or are looking to begin entire ly new careers,” Dr. Gabert said.
The approved budget will meet incremental expenditures from both inflationary costs and costs associated with growth and expansion, including: salary, health and pension increases in collective bargaining agreements; additional adjuncts to meet student enrollment growth; and inflationary increases for utilities and service contracts.