Weatherford Democrat

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August 16, 2013

WC trustees review FY 2014 budget, propose tax rate


Members of the Weatherford College board of trustees had another look at the 2013-14 proposed budget during a report at Thursday’s meeting, taking a step closer to approving the budget.

The initial budget proposal, presented to the board at a June meeting, showed a proposed budget of $53.2 million. Since that time, revenue increased by $326,785, bringing the total proposed budget to $53.5 million.

The board also approved a proposal to adopt a tax rate of 11.46 cents per $100 of taxable home value, a slight increase.

Trustees are scheduled to meet Wednesday to further discuss, and possibly approve, the budget.

Trustees Thursday also approved the naming of the press box at Stuart Field.

Brent Baker, vice president of institutional advancement, told the board that First Financial Bank stepped up as a donor for the Weatherford College Foundation’s capital campaign, committing $75,000. Trustees unanimously voted to name the press box First Financial Bank press box.

To date, close to $2.3 million has been donated or pledged to the campaign, Baker said. Funds from the campaign, the largest in the school’s history, will go toward supporting student scholarships, campus enhancements and other projects.

During the president’s report, WC president Kevin Eaton recognized participants from the annual Peach Pedal Bike Ride, held during the Parker County Peach Festival. The ride, put on by the WC Foundation and the Weatherford Chamber of Commerce, featured 2,115 riders this year.

During the report, Lela Morris, director of testing, shared testing programs with trustees and outlined the process for GED testing at the college.

“Last year, we had 673 testers. 388 of those were first-timers and 285 were either retesting or finished,” Morris said, adding that “331 of those passed their GED, for a revenue of $33,710.”

Numbers for this year were a little lower, with 521 testers, 286 first-timers and 254 either finished or retesting. 238 testers passed their GED for a total revenue of $30,160.

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