College board approves budgets - Jillian Fellows, Petoskey News

The board of trustees for North Central Michigan College approved a final budget for 2017-18 and an initial budget for 2018-19 during a budget hearing on Tuesday. Both budgets were reported to be balanced. For the 2017-18 final budget, both revenue and expenditures were at $17,101,624. For the 2018-19 initial budget, both revenue and expenditures are expected to be $16,390,949. “Our revenues are going to be down about $670,000 and the major reason for that is the ending of the Young American program,” said David Hartnett, North Central's vice president of finances and facilities. “They have provided us in the past with consistently about $700,000-$800,000 of revenue.” https://www.petoskeynews.com/news/local/college-board-approves-budgets/article_a748256c-80a6-576f-9dd6-bd4b667da037.html