AUSTIN (KXAN) — Austin Community College’s Board of Trustees on Monday approved the district’s budget for 2022-23. The budget cycle begins Sept. 1.
ACC said the budget includes a $20.8 million compensation package which gives all employees a raise.
|Current Compensation||Average Wage Increase|
|Minimum Wage||28% Increase (From $15.60/hour to $20/hour)|
|Under $50,000/year||10+% Increase|
|$50,000 – $99,999/year||5-10% Increase|
|$200,000+/year||3.7%-4.4% Increase ($10,000 cap)|
ACC said all full-time employees also will get an additional one-time payment to help provide
immediate financial support. Part-time staff will receive a pro-rated one-time payment.
|Compensation as of Sept. 1||Additional One-Time Payment|
|$50,000 – $74,999/year||$900|
|$75,000 – $99,999/year||$800|
|$100,000 – $124,999/year||$600|
|$125,000 – $149,999/year||$500|
Adjunct faculty and hourly employees also will receive an additional one-time payment.
|Employee Group||Additional One-Time Payment|
|Adjunct Teaching 3+ Courses/Semester||$1,200|
|Adjunct Teaching 2 or Fewer Courses/Semester||$500|
|Hourly Employees (At ACC 6+months)||$250|
ACC said the $467 million budget also funds the new main building on the Rio Grande Campus and Building 3000 on the Highland Campus.