Posted at 2:30 p.m., Dec. 8, 2015

Employees safe despite shortfall

As the state faces a shortfall of $600 million because of a decline in mineral prices, colleges around the state are facing questions regarding financial stability.

It is unknown how this deficit will affect salaries and hiring in the future. However, LCCC Vice President of Finance Rick Johnson said he is not overly worried about this financial dip, citing past economic downturns the state has faced.

Tammy Maas, head of the human resources department, said LCCC is currently able to fill all positions.

“The governor issued a hiring freeze for state agencies,” Johnson said. “That doesn’t apply to us because we’re what’s considered a political subdivision, not a state agency.”

He also said this current economic situation will not affect salaries any time this year.

Community colleges retain other forms of revenue apart from what is provided by the state including tuition, fees, tax revenue and investments.

However, it is still unknown whether the financial situation for community colleges will change in the following year.

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