The general fund pays for operations, materials, supplies, salaries and benefits, among other things. The District’s total $122 million budget includes funds that are restricted for use in specific areas.
MSJC expects to serve 11,029 full-time equivalent students in 2014-15, which represents 5 percent over the amount of per-student funds MSJC will receive from the state, as mandated by the MSJC Board. In 2013-14, MSJC served 10,797 full-time equivalent students, but received per-student state funding for only 10,155.
The budget also includes a 2 percent increase for enrollment growth to provide more access to students, while maintaining a 6 percent board reserve.
MSJC plans to hire 19 new faculty members for the 2015-16 academic year.