The Colorado Mountain College Board of Trustees met in person on May 17 at the Rifle campus for its regularly scheduled meeting and in a celebratory start to the meeting, discussed the 15 commencement ceremonies (including the commencement for CMC Salida) conducted across the campuses on May 6 and 7.
CMC Salida 2022 graduates pose with faculty and staff at the Salida SteamPlant May 7, 2022. President and CEO of Colorado Mountain College Dr. Carrie Besnette Hauser, is second from right in the front row. Merrell Bergin photo
The commencements included more than 1,360 students receiving a bachelor’s or associate degree, a certificate of occupational proficiency, or a high school equivalency or general educational development diploma.
Vice President of Fiscal Affairs Mary Boyd gave trustees a preview of the CMC budget for the 2022-23 fiscal year. She noted that revenues in the previous budget year increased 3.4 percent due to property tax actuals and strong state appropriations.
The agenda including presenting a balanced budget for 2022-23 with expenses increasing less than inflation. The budget includes a five percent cost of living adjustment for all full and part-time faculty and staff. The board will officially approve the proposed budget as an agenda item in June.
Trustees unanimously agreed to raise ESL/GED rates by $5 for 2022-23 to $105 for a 12-week session. This is in line with CMC’s previously approved tuition increases. They noted that several grant opportunities exist to assist students in paying for classes. The board also conducted its annual review with President Hauser, unanimously approving an extension to her contract, through 2026, and a performance bonus for the 2021-22 fiscal year.
Items in the consent agenda included trustees accepting the college’s third quarter 2021-22 financials. Trustees also approved a multi-site student housing amendment to the architect’s contract and considered a second reading for office leasing space at CMC’s Glenwood Center.
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