Mid-State Board adopts 2022–23 budget
Mid-State Technical College’s Board of Directors adopted its 2022–23 budget following a public hearing during its June 20 meeting in Wisconsin Rapids. The annual budget goes into effect on July 1, 2022.
The General Fund Operations budget is $32.3 million, a $263,000 decrease from the amended 2021–22 Fiscal Year budget. The operational budget was prepared with the assumption of stable enrollments when compared to the 2021-22 year.
As in years past, College administrators set out to develop a budget that balances the needs of its students and communities with available budgetary resources. The higher education industry continues to undergo rapid change, and Mid-State has aggressively sought to address that change through its Strategic Directions and the development of its Moving Forward Together 2025 Strategic Plan.
“As always, our mission at Mid-State is to transform lives through the power of teaching and learning, which is the driving force behind everything we do and essential to how we continue to meet the ever-evolving needs of the communities we serve,” said Mid-State President Dr. Shelly Mondeik. “We continue to listen to those communities and partners districtwide, and this budget enables us to develop the right programs and services to deliver on our mission. While last year continued to be difficult on everyone due to the pandemic, Mid-State has invested resources to provide uninterrupted education and support students with responsive services and a caring learning environment they can thrive in.”
According to Mid-State Vice President of Finance and Facilities Greg Bruckbauer, the College’s mill rate is projected to decrease 2.1 cents per $1,000 of equalized property value, decreasing the tax bill for a 100,000 home from $89.40 last year to a projected $87.30 in the coming year. Mid-State poses a considerably lower impact than other taxing authorities because the College serves a broad tax base of 97 municipalities in all or parts of Adams, Clark, Jackson, Juneau, Marathon, Portage, Waushara and Wood counties.
"This budget will fund Mid-State’s ongoing work to support its communities with relevant programs and access to innovative technology and world-class facilities and services," Bruckbauer said. “The demand for professionals in central Wisconsin with hands-on, technical skills is higher than ever, and we look forward to continuing to provide our highly sought-after graduates to meet that need.”