Based on the second reading of the College of Western Idaho’s (CWI) budget presentation, the CWI Board of Trustees has approved the College’s fiscal year 2016 (FY 2016) operating budget. The total amount is $53.76 million.
Revenue is as follows:
| State Funds (including Academic and Professional Technical) |
34% |
| Tuition and Fees (including course fees) |
41% |
| County property taxes (including out-of-district tuition payments) |
13% |
| Other (self-support, grants & contracts, other) |
12% |
Budgeted Expenditures include:
| Instruction | 40.8% |
| Academic Support | 19.8% |
| Student Services | 10.9% |
| Public Service and Scholarships | 1.5% |
| Institutional Support | 14.1% |
| Operations and Maintenance | 12.9 |
Of the expenditures 62.3 percent is allocated to personnel, 35 percent to operating expenses, and 2.7 percent for capital outlay.
The College has taken a conservative approach to budgeting this year as we anticipate a decrease in tuition and fee revenue, based upon enrollment projections and average credits taken per headcount. The College’s total budget decreased by 1 percent as compared to the fiscal year 2015 originally-approved budget.
Departmental budgets will be loaded into the system over the next few weeks. The budget office will send additional communications as these are available within myCWI. Questions regarding CWI’s operating budget can be directed to Tony Meatte at 208.562.2752.