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MSSU Budget in the Black-University Board Giving Raises - KOAM TV 7

MSSU Budget in the Black-University Board Giving Raises

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 MSSU has a balanced budget for the first time in four years and it includes raises.

A unanimous vote by the Missouri Southern State University Board of Governors passing a seventy-eight million dollar budget that includes an across the board two and a quarter percent raise for faculty and staff. 

Faculty Senate President Bradley Creamer said, "For several years recently we saw no increase and for the past couple of years we've had a one percent increase.  And so 2.25 is more than double so that I think is gonna be well received by all."

And many say good for morale.

Assistant Professor of Spanish Dr. Susana Liso said, “I  think this is wonderful news for all of us. I think it shows they value our work efforts. It’s a good thing if we want to recruit people. That will help the university to be more attractive."

In a finance meeting before the board vote, the board president called attention to losing staff due to low pay.

Jim Fleischaker said, “You need to be at a level where hopefully you can retain people." He asked if there was a way to put funds toward those who are “significantly underpaid." That is including campus police.

Campus officer Brian Moorhouse said, "You can get a little bit down  when you're not compensated as you think you should be. It’s really nice knowing that there's people working to get us a raise to bring us  up to a competitive salary." Moorhouse calls this a good step forward.

The raises come in a balanced budget.  President Alan Marble says the great game of education brought focus to controlling expenses and finding new revenue sources. Marble sited, "New masters program we've introduced have been very successful, the quads  that we built last year are full with waiting lists, enrollment growth.  We're looking at enrollment growth this fall too. So, it’s all been very positive."

A two and a half percent raise was initially discussed but the lower number keeps the budget in the back something also important to the faculty.

New math instructor Jacob Boswell said, "It’s great. It’s good to know the university is in a healthy enough position to do that this year. I know in the past, they've had trouble. So, it’s good." ?

And Professor Lisa added, “I think this is wonderful because it brings hope to all and a stability to the institution. When you are in the red,  that is not good and you feel insecure about the future.”  

   

MSSU had a budget deficit of one point three million in 2015 and six hundred seventy-six thousand in 2016.

     Next year it should be in the positive column with one hundred twelve thousand to spare.

     Today the board reaffirmed no increase in tuition in exchange for a four percent increase in state appropriations,   keeping  the credit hour rate at one hundred seventy-seven  dollars for 2017.

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