JJC Board of Trustees Approve FY 2023 Budget

The Joliet Junior College Board of Trustees approved the college’s Fiscal Year 2023 budget at its June 15 meeting.

The total operating budget for FY23 is $105.22 million, representing a 4.24% increase over the FY22 budget.   

“While navigating the impacts of the pandemic and a shifting economy, I’m once again so proud of the budget our team has produced in support of our campus community. This work is always driven by our college mission to inspire learning, strengthen communities and transform lives,” JJC President Dr. Judy Mitchell said. “I’m also pleased to lead an institution that has now presented a balanced operating budget for 50 consecutive years!”  

View FY23 Budget

In preparing this year’s budget, the college focused in part on the following planning goals:

  • Addressing the potential impact of the state’s fiscal condition on the college’s budget
  • Reallocation of existing resources to fund new requests
  • Realistic projections in property tax revenues
  • No enrollment growth
  • Emphasis on student success
  • Responsible reserves
  • Implement action plans from the strategic plan

The FY23 budget includes a modest tuition increase of $3 per credit hour, as part of JJC’s continuing commitment to fiscal responsibility. JJC was also able to use Higher Education Emergency Relief Funds (HEERF) and Coronavirus Response and Relief Supplemental Appropriations Act Funds (CRRSA) to offset additional costs and/or lost revenues related to the pandemic. Tuition, state funding and property taxes account for 93% of the college’s operating revenues. They are actively monitored and the college proactively works to adjust expenditures to ensure financial stability, such as through class size, program offerings and staffing levels.

“As JJC has shown throughout our 120-plus years of service, we’re well positioned to support the needs of our seven-county district in any season,” said Mitchell. “Community colleges play a critical role in our economies and for society. I’m confident in the future of JJC and the students, employees and community we are proud to serve.”