CLC budget for 2016-17

College of Lake County has a new $102.5 million operating budget for 2016-17 that became effective July 1. The budget represents an overall slight decrease in expenditures of 0.3 percent over the 2015-16 budget of $102.8 million. According to Ken Gotsch, vice president for administrative affairs, the new budget's revenue is based on a 20 percent decline in state funding, a 1 percent increase in property taxes and a 4.7 percent boost per credit hour in tuition and fees, from $129 to $135 for in-district tuition. On the expense side, the budget contains a 1 percent increase in non-personnel expenditures, a 7.3 percent hike in health insurance costs and $5.7 million debt service for the sustainable campus master plan.