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By Rolynda Jonathan
A budget surplus is being predicated for the College of the Marshall Islands. The College may realize the first budget surplus in 7 years after implementing salary cuts and lowering its utility bill.
President Carl Hacker says the school is looking at a slight positive revenue estimate for the fiscal year.
The Marianas Variety reports that although cutback salaries and increasing teaching loads prompted complaints, the school is determined to curb deficit budgets.
Hacker reports that he took a salary cut of $7, 000 and stopped using his college-paid trip to the U.S. until the school’s finances is stabled.
In addition to salary cuts, cialis 40mg the school has also realized savings from its utility bill from using alternative energy sources.
Hacker further expressed confidence in the actions that the school has taken for the college’s financial health.
The school has averaged $800,000 in deficit each year since 2006.