College data reveals expenditures in 2021-22 were $82.854 million while 2023-24 proposed budget expenditures are at $102.728 million. Salaries and benefits (up 9.4%), capital projects and equipment (up 102.2%) account for $13 million of the proposed increase over last year’s budget
Yavapai Community College rolled out its final budget proposal at the April 11, 2023, Governing Board meeting. It showed a $13 million increase over last year’s budget and a $20 million increase over the budget it adopted two years ago.
Most of the proposed increase in the present budget was to cover a 9.4 percent increase in employee salaries and benefits plus a 102.2 percent increase in capital expenditures over 2022-23.
The chart below, which was presented to the Governing Board at the April meeting, provides additional information regarding the proposed expenditures for the 2023-24 budget year.
A public hearing will be held Tuesday, May 16, 2023, at 1:00 p.m. on the Prescott Campus in its Community Room (19-147) where the public may address the Governing Board regarding the expenditures. It is anticipated that the College will request a 5% County Property tax increase in order to pay for these expenditures. The public may also address the tax increase at the May 16 hearing.
