Austin Community College 2019-2020 budget includes 3% employee raise

ACC Austin Community College

AUSTIN (KXAN) — The Austin Community College $406 million budget for the 2019-2020 year includes a three-percent cost of living raise for staff, property tax exemptions and tuition discounts for distance education.

The new budget, effective September 1, reflects a 5.7% increase from 2018-2019, which accounts for expanded operations at ACC Highland, newer equipment and the three-percent cost of living raise for employees.

ACC Highland is scheduled to open in fall 2020.

Trustees voted back in May to keep tuition and fee rates for in-district students the same, and approved lower rates for distance education courses by the following:

  • $75 per credit hour for out-of-district students
  • $81 per credit hour for out-of-state and international students

Here’s the budget’s funding breakdown:

  • 19% of the college’s revenue comes from tuition and fees
  • Property taxes are expected to make up about 60 of ACC’s total revenue
  • About 16 comes from state appropriations

Trustees approved a standard $5,000 exemption for all homeowners and an additional homestead exemption is also available for seniors with disabilities totaling $160,000.

“Affordability is a large and growing concern,” said Gigi Edwards Bryant, ACC Board of Trustees chair. “I am proud we can approve a balanced budget that takes care of our students’ needs and provides competitive salaries for all employees.” 

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Austin-Travis County

More Austin-Travis County News

Latest Central Texas COVID-19 Cases

More Coronavirus Live Blogs

Trending Stories

Don't Miss