Essex County College’s 2018-2019 operating and capital budgets were unanimously approved by Essex’s Board of School Estimate (BOSE). The meeting was held on February 9.
The operating budget, which takes effect July 1, 2018, is for $60,014,693. Of that total, $13,700,000 is being provided by Essex County. The budget for capital expenses is $7,200,000, with half from the county and the remainder from the state and other revenue sources.
“We are presenting a well thought out, balanced budget that begins to address the structural issues that has plagued our College for years. This budget also sends a clear message to Middle States (Commission on Higher Education) that we are holding ourselves accountable,” said President Anthony E. Munroe. He added that this is the earliest the budget has been finalized in many years.
Dr. Munroe also said that the new budget will not result in an increase in student tuition and fees.
Essex County Executive Joseph N. DiVincenzo Jr., who chairs the BOSE, said he is pleased with the direction the College is taking. “The College is back on track due to its leadership.” He added that the College and County must continue to work together.
College Board of Trustees Chair Thomas McDermott agreed with that assessment. “We are trying to say ahead of schedule and will only get better in the future.”
The BOSE is composed of County Executive DiVincenzo, Trustee Chair McDermott, Trustee Rev. Dr. Lanel Guyton, and Essex County Freeholders Lebby Jones and Leonard Luciano.