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ERIC Number: ED474564
Record Type: Non-Journal
Publication Date: 2003-Mar
Pages: 73
Abstractor: N/A
Reference Count: N/A
An Evaluation of Milwaukee Area Technical College District. Report.
Wade, Kate; Monroe, Kellie; Bajkiewicz, David; Coulthart, Tim; Osmanski, Thomas; Smyth, Conor; Sommerfeld, Robert
The Legislative Audit Bureau of the State of Wisconsin analyzed financial issues concerning the Milwaukee Area Technical College (MATC). The MATC District is the largest district in Wisconsin's technical college system, with 12,504 FTE students enrolled and 1,944 staff in the 2001-02 academic year. Operating expenses for that year were $152.0 million. This report covers the following topics: (1) MATC's financial status; (2) financial management issues, including management of revenue resources, compensation for administrators, and contracting for professional services; (3) employee wages and benefits; and (4) MATC's governance, including adherence to state statutes and the Board's policies. In 2001-02, local property taxes provided nearly half of MATC's operating revenues, state grants and aid provided 19.8% of the budget, and tuition and fees contributed 15.7%. The report contends that MATC cannot raise additional operating revenue by increasing property tax rates because it has been at the statutory mill rate of $1.50 per $1,000 of assessed property value since 1990-91. In addition, state aid to the district has declined. The report points out that the MATC fees for providing specialized training to businesses do not cover costs, and business incubators are losing money. Among the recommendations made is that MATC discontinue hiring outside contractors to perform duties that could be performed by senior administrators. (Contains 25 tables.) (NB)
Publication Type: Reports - Evaluative
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Wisconsin State Legislative Audit Bureau, Madison.
Identifiers - Location: Wisconsin