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Finance report: Southeast Tech shows budget breathing room as governor recommends $6 million for Abner Center
Summary
Christine, the college’s finance lead, reported the budget about 25% through the fiscal year with revenues ahead by roughly $1.4 million at the September snapshot; the board also heard that the governor recommended $6 million for the Abner Center and that federal/HUD and local pledges are part of the capital funding picture.
Christine, the college’s finance presenter, reviewed a high‑level budget update drawn from the Rainbow report through September. She reported roughly $11.2 million in revenue posted to date and said the college was about $1.4 million ahead relative to the initial pacing assumptions for the period reported. Christine described revenue composition (tuition/fees, auxiliary sales, federal funds, and state funds timing) and said tuition and fees represented a large share of revenue for the period.
On ex…
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