PR # 233 April 22, 2008
BOARD OF SCHOOL ESTIMATE APPROVES RVCC?S BUDGET
On Tuesday, April 22, the Board of School Estimate voted unanimously to approve a $44.3 million operating budget for Fiscal Year 2009 for Raritan Valley Community College (RVCC) in North Branch.
The Board also approved RVCC's request for a $3 million major capital budget and an $850,000 minor capital budget for FY09.
?We are grateful to the freeholders in Somerset and Hunterdon counties for their ongoing support and dedication to Raritan Valley Community College,? said RVCC President Dr. Casey Crabill. ?The budget they approved today will enable us to provide our growing population of students with the services and academic support they need to succeed. It will also allow us to maintain our commitment to offering a high-quality, affordable education.?
The Board of School Estimate is a six-member board composed of freeholders from Somerset and Hunterdon counties, as well as RVCC trustees, and is responsible for approving the College?s budget.
The operating budget calls for a $4 per credit increase in tuition. In addition, beginning in the Fall 2008 semester, students who do not live or work in Somerset or Hunterdon County will be charged an extra $10 per credit.
The FY09 budget reflects the College?s continuous efforts to reduce operating expenses and redirect those savings into services and programs for students. RVCC has reduced operating expenses by over $1 million during the past three years, mostly in such areas as telecommunications, utilities, copiers and postage.
The Board of School Estimate is composed of Hunterdon County Freeholders William G. Mennen and Ronald Sworen; Somerset County Freeholders Jack M. Ciattarelli and Peter S. Palmer; and RVCC Trustees Richard D. Wellbrock and Robert P. Wise. Jack M. Ciattarelli was not present at the meeting.
RVCC, located on Route 28 and Lamington Road in North Branch, NJ, and serving Somerset and Hunterdon County residents for close to 40 years, offers 90 associate degrees and certificates. For further information, visit www.raritanval.edu .