District Board of Trustees Approves Budget for 2018-19 Year
June 21, 2018
June 21, 2018 – The District Board of Trustees approved the proposed budget for the 2018-19 fiscal year which beings July 1. The budget, which Santa Fe College President Jackson N. Sasser presented to employees Monday, covers expenditures for employee salaries and benefits, current operating expenses, and capital outlay.
Full-time, hourly employees will see the minimum pay increase to $24,960, or a rate of $12/hour. Previously there had been three tiers of full-time hourly pay based on experience. Dr. Sasser said he wants to see that hourly number raised even higher as the college tries to work toward a $15/hour rate, but with no extra funding from the state and increased insurance costs, that kind of rate hike was impossible this fiscal year. Full-time, hourly employees will begin to see the pay increases starting in the new fiscal year.
Full-time salaried employees will receive a one-time, non-recurring supplement of their 2017-18 employment contract. The supplement of $1000 will be based on employees who are full-time personnel as of June 1, 2018, based on their work between April 1, and May 31, 2018. Employees who are full-time, but started working between April 1, and May 31, will receive the supplement on a pro-rated share, based on the days of full-time employment during that time period. The supplement will be paid on the June 30, 2018 pay date.
The board also approved changes to how SF deals with retirees. Under the new fiscal year, retirees will be eligible for a free SF retiree email account, an SF Retiree ID card, free admission to the Kika Silva Pla Planetarium, SF Teaching Zoo, events at the SF Fine Arts Hall, the Harvey Sharron Bat Cave Field Laboratory, SF athletic events, as well as borrowing privileges at the Lawrence W. Tyree library.
The budget also includes funding for the completion of a salary market study for Career Service and Administrative/Professional employees.
The presentation Dr. Sasser made to SF employees is available on the college's Budget and Year End webpage under SF's Office for Finance.
