NWTC Board of Trustees approves 2018-19 budget

Wednesday May 9, 2018
The Board of Trustees of Northeast Wisconsin Technical College has approved the College’s proposed budget after a May 9 public hearing.

In the budget for fiscal year 2018-2019:
  • The operating budget will be $115.9 million, down from $117.3 million in the current year.
  • The total levy will be $33.1 million, an increase of 1.85% from the current year based on net new construction.
  • The total mill rate will drop slightly to 0.8327, down 0.6% from 0.83810 in the current year.
  • Referendum construction will be completed in 2018. Students are already learning in the Great Lakes Energy Education Center, Transportation Center, Learning and Innovation Center in partnership with Nicolet National Bank, Aurora Regional Center, Universal Driving Facility and Burn Tower, and in expanded/updated College of Business, NWTC-Marinette, NWTC-Sturgeon Bay, Student Center and Trades and Engineering Technologies.
  • Property owners will pay about $83 on a $100,000 home compared to about $166 five years ago. The difference is due in part through state property tax relief.
New programs supported by the budget include:
  • Associate Degrees: Farm Production Agronomy (Crop Science), Event Management
  • Technical Diplomas: Agronomy (Crop Science), Heating Ventilation Air Conditioning and Refrigeration Technician, Project Management and Metal Fabrication
  • Apprenticeship: Organic Vegetable Farmer
Dr. Jeff Rafn, NWTC president, noted, “This budget addresses the new reality of strong employer demand for a high skilled workforce, the rapid increase of baby boomer retirements and the increasingly competitive global market. We intend to get more people into College, help more students succeed in their classes, open up new career paths and see more students complete a credential and contribute to the area's economic stability and growth.”

NWTC has seen strong enrollments in recent years among new high school graduates. Overall FTEs have been affected by full employment, which is driving adults to take fewer credits per person. NWTC is responding by creating new, flexible offerings on weekends, online, in certificates and in regional centers. The new budget forecasts that full time equivalents will increase 2.5%, from 5,875 (projected) for FY18 to 6,020 for FY19.

NWTC is one of the most efficient technical colleges in Wisconsin, with the fourth-lowest operating mill rate in the Wisconsin Technical College System.

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