Sinclair College's Board of Trustees approved a $124 million operating budget June 16, 2015 for the upcoming year. The budget contains no planned tuition increases, a 1% increase in salary for the nearly 2,200 full and part-time Sinclair faculty and staff, and assumes an overall net savings on personnel spending thanks to realized efficiencies. This prudent financial management is a hallmark of Sinclair, which offers Montgomery County students the lowest tuition rates in Ohio and also compiles among the best financial management scores by independent evaluators.
"Sinclair is a special and world leading place because of the great people that work here on behalf of our students," Sinclair President Steve Johnson said. "This wage increase allows us to keep pace with the competitive economy but also is sensible in light of the fiscal pressures brought on by declining local property values and the uncertain regulatory and fiscal environment in Columbus. This board acted today to put people first in a prudent and compassionate way."
The college also welcomes Sinclair Trustee Rob Connelly as the new Chair of the Sinclair Board of Trustees, as Barney Wright reached the end of his term of service as Chair. Trustee Wright will remain on the board as a Trustee and Connelly will begin his first term as Chair.
"I'm both thankful to Chair Wright for his outstanding and dedicated service to the Sinclair board in his role as Chair and very excited to welcome Chair Connelly to the role," President Johnson said. "Rob brings both outstanding leadership from his role as CEO of Henny Penny Corporation as well as true dedication to our students and this community. The Sinclair Board of Trustees continues its historic legacy of great leadership."
"I've been honored to serve as the Sinclair Board Chair for the past three years," Trustee Barney Wright said. "Sinclair is truly one of the finest colleges in the country and the work they do is critical to our communities and to the lives of our students. I'm looking forward to continuing to work as a Trustee moving forward."
"Sinclair is a special place and I'm deeply humbled and proud to serve as the Chair of the Board of Trustees," incoming Sinclair Board Chair Rob Connelly said. "Since coming on to the board in 2009, I've become deeply impressed with the commitment to excellence and dedication to students that is ingrained in the Sinclair culture. Our Board is committed to helping the institution achieve ever new heights."
Throughout the nation, Sinclair is known for its innovation and leadership. For over 128 years, the Dayton region has benefitted from this excellence in meeting emerging community need through partnerships and strategic investments.