FY2024 Adopted Operating and Capital Budgets

FY2024 Adopted Budget Fund Budgets

Frederick Community College

Frederick Community College Established in 1957, Frederick Community College (FCC) provides educational opportunities for Frederick County residents. The College is fully accredited by the Middle States Association of Colleges and Secondary Schools offering more than 69 degree programs, 43 certificate programs, as well as, 48 subject areas in continuing education through credit and Continuing Education and Workforce Development (CEWD). Additionally, a variety of non-credit course offerings are provided. Capital budget construction funding is usually shared by the County and State. In recent years, the College has added a vibrant Student Center; revamped its Library facilities into a modern Learning Commons; expanded its STEM (Science, Technology, Engineering, and Math) laboratories and classrooms; renovated Jefferson Hall to streamline registration, financial aid, and counseling services for students; and collocated with Frederick County Workforce Services into the renovated Monroe Center to serve the workforce development needs of the entire community. A new 10-year capital improvement master plan was approved by the Trustees in June 2023 and was submitted to the State for approval. In 1975, a Board of Trustees was created to govern FCC. Seven citizens are appointed by the Governor to serve for staggered terms. The FCC President is the Board Secretary and has no vote. The Board appoints the President, approves all major positions at the College and sets internal policies and procedures for FCC operation. The Board recommends a budget to the County Executive for approval by the County Council. FCC also receives State monies and student fees; a small amount of federal funding is received for vocational-technical programs. Budget Highlights The Frederick Community College Board of Trustees approves the Operating Budget, Auxiliary Enterprise Budget, and the Capital Improvements Program (CIP) Budget. Operating Budget: The FY 2024 Operating budget of $66,786,155 represents an increase of $4,312,545 or 6.9% from the FY 2023 budget. The increase in FY 2024 reflects full funding of the Cade formula by the State and $1,878,950 in additional county cash funding. The Board of Trustees approved no increase to tuition and fees for FY 2024. Tuition remains at $129/credit for in-county tuition, $282/credit for out-of-county tuition, and $382/credit for out-of-state tuition. The consolidated service fee remains unchanged at $26/credit and the student activity fee also remains at $3.34/credit to a maximum of 10 credits per semester in FY 2023. The additional funding will also provide a 5% COLA for all employees.

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