FSCC leaders discuss college’s financial challenges

FSCC Director of Business Operations Gina Shelton, left, discusses the college’s budget during the FSCC Board of Trustees meeting Monday. Pictured listening in are, from left, new trustees Doug Ropp and Chad McKinnis, and FSCC Vice President of Academic Affairs Sonia Gugnani.

Jason E. Silvers/Tribune photo

During a lengthy Fort Scott Community College Board of Trustees meeting Monday afternoon, college officials reviewed and discussed the college’s current financial situation, as well as its effects and changes that need to be made.

FSCC President Jason Kegler recapped the following as some of the causes of the financial strain as the college faces a deficit by spring: “bank statements had not been reconciled since the start of fiscal year 2024; significant overpayment of scholarships (both academic and athletic) with no allocation from the expenditure side; student receivables have historically ran higher than auditors typically see; a dependence on financing or lease options; an ongoing audit; and an enrollment decline,” Kegler said in his report.

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