Weatherford College board of trustees approve 2014-15 budget

 

The Weatherford College board of trustees approved the 2014-15 budget and tax rate during a called board meeting Thursday afternoon.

 
At $54.7 million, the budget is balanced and was presented to the board with no changes from their last meeting. The budget includes a 3.75 percent pay increase for full time college employees and a $25 per credit hour increase for adjunct instructors.

 
The tax rate will remain unchanged at 11.464 cents per $100 valuation. This rate includes 10.741 cents for maintenance and operations expenses and 0.723 cents for debt services.

 
While the board unanimously approved the budget, the tax rate passed 5-1 with Joel Watson opposing. Board member Trev Dixon was not present.

 

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