EWC finalizes $49M budget

TORRINGTON – In spite of financial challenges in all aspects of Wyoming state government, the 2017-18 budget for Eastern Wyoming College is $3 million less than the previous year. During Tuesday’s meeting the board approved a budget of $48,406,467.
According to Ron Laher, vice president for administrative services, the $3 million in reductions is spread over several areas, causing the least amount of disruption as possible to any one department.
Even with the reduction, new EWC President Lesley Travers is optimistic for the coming year.
“We’re on stable ground,” she said Thursday morning. “We don’t see any major cuts in the future, but we’ll have to see what transpires with the governor and the legislature. We aren’t flush, but we’re going to see what we can do about giving raises and still save where we can.”
The budget consists of current funds of $18.7 million, Endowment Funds of $498,000, and Plant Funds of $29 million.
In addition, it will be necessary to raise funds through general taxation, which is part of the college’s traditional financial support. These are estimated at 4.00 mills, 1.00 mill for the optional mill levy fund, and .50 mills for the BOCES account. These amounts will be in addition to motor vehicle tax collections designated for EWC.
An additional 2.3 mills, plus motor vehicle taxes, will be necessary for debt service on the Career and Technology Education Center, which will open for classes this fall.
The board also approved first reading of a policy to establish protocol for appropriate supervision among staff and administration.
Reports were given regarding institutional development, Staff Alliance activities, student services, academic services, construction projects, and human services.
Following the regular meeting, no action was taken during a brief executive session regarding personnel.

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