Board meetings, strategic plans, and buyer signals from Joel McFarland’s organization
Jun 24, 2025·BoardMeeting
Board
City Colleges of Chicago Public Budget Hearing
The FY26 budget hearing discussed the budget, strategic priorities, and the district's cash position. The budget reflects a commitment to socioeconomic mobility and racial equity, investing in a five-year strategic framework. Key areas of investment include high-demand programs, student academic advising, and partnerships with Chicago Public Schools and universities. The budget maintains affordability with a tuition rate of $157 per credit hour and investments in free college programs. The FY26 budget is balanced, with savings from bond refinancing and revenue from tuition, property taxes, and state funding. The capital plan includes technology enhancements, deferred maintenance, and expansion of healthcare programs. Restricted resources are primarily for direct student aid.
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The FY25 budget reflects a commitment to serve as a city's most accessible higher education engine. The budget includes investments in model programs, retention and completion strategies, expansion of partnerships, and investments in student mental health supports. The budget also includes a commitment to affordability and accessibility, high quality programs, and a robust offering of learning options. The FY25 budget is balanced and reflects current Revenue Trends and anticipated savings. The total FY25 revenue is $367.8 million. The total Capital plan for FY 25 is $77 million, which includes projects across all seven colleges.
Jun 18, 2024·StrategicPlan
Board
Wright College Results Framework Template
The strategic plan focuses on empowering students at Wright College to pursue degrees and careers in STEM by enhancing their access to holistic and comprehensive support. Key strategies include expanding available services, reducing barriers to accessing support, and establishing early alert systems. The plan also outlines activities such as targeted tutoring, faculty mentorship, wellness center referrals, orientation programs, and messaging campaigns to reduce stigma around mental health care.
Jul 7, 2023·BoardMeeting
Board
City Colleges of Chicago Public Budget Hearing
The hearing discussed the proposed budget for FY24, which focuses on strategic investments in student equity, scholarships, and comprehensive student supports. Key priorities include enhancing access through programs like Future Ready and the Star Scholarship, expanding mental telehealth services, and continuing the Chicago roadmap partnership with public schools. The budget also addresses faculty and staff pay increases, marketing and enrollment infrastructure, and capital programs for in-demand programs and deferred maintenance. The credit hour rate remains level for the eighth straight year. The budget relies on city levy cap taxing, TIF surplus proceeds, state PPRT collections, and expense management.
Extracted from official board minutes, strategic plans, and video transcripts.
