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MATC District Board Approves 2006-07 Budget
The Madison
Area Technical College (MATC) District Board voted at its June
14 meeting to adopt the 2006-07 fiscal year budget.
The budget of $177,617,000 includes an estimated mill rate of
1.21945. For every $100,000 in assessed property value, district
property owners will pay $121.95 in taxes to support MATC, $4.72
less than last year when property owners paid $126.67 for every
$100,000 in assessed value. The estimated mill rate will be adjusted
in October based on actual equalized property valuation assessments.
“This budget strengthens MATC’s vital role in local economic development,
reaches out more consistently to ethnic minority populations and builds better
relationships with partners in the K-12 school districts and the University of
Wisconsin System,” states Mary Rapp, MATC director of finance. According
to Rapp, the budget includes major new investments to increase student access
and shorten program waiting lists. The major initiatives include:
-
Staffing to complete the planned three-year expansion of nursing instruction.
- Adding
sections and summer advising for mandatory assessment, advising and
placement classes.
- Creating a “First Semester Experience” program
to increase students’ success
during the crucial period that starts, and often determines, their success
in college.
- Expanding summer school course offerings.
- Adding sections in
programs that currently have waiting lists, including arts & sciences,
nursing assistant, college transfer art, welding, construction and criminal
justice.
- New and expanded course offerings in construction and remodeling, “Fastrack” marketing
and English as a Second Language.
MATC is one of the largest of the
Wisconsin Technical College System’s
16 colleges. It provides a comprehensive curriculum of technical, liberal
arts and science, adult basic education and life enrichment studies
and activities,
as well as customized employee training. MATC offers associate degrees,
vocational diplomas and certificates, and non-degree courses in more
than 140 programs of
study. The college serves parts of 12 counties located in southcentral
Wisconsin and offers instruction through five campuses and numerous
community locations
throughout the district.
Madison Area Technical College 2006-07* Budget Summary
| |
Fiscal Year
2005-2006
|
Fiscal Year
2006-2007
|
Change from
prior
year
|
Property Tax on a
$100,000 Home |
$126.67
|
$121.95
|
-3.87%
|
| Mill Rate |
1.26665
|
1.21945
|
-3.73%
|
| Total Expenditures |
$169,458,500
|
$177,617,000
|
4.81%
|
| Total Tax Levy |
$74,977,293
|
$78,680,000
|
4.94%
|
*The MATC fiscal year runs July 1 to June 30.
###
Last
Modified:
June 16, 2006
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