Cayuga Community College rebuilds fund balance, outlines future
This time last year, Cayuga Community College had serious financial issues. Now the college's bank accounts are increasing and CCC is set to grow in other ways.
During a recent Oswego County Legislature meeting, Cayuga Community College's Interim President Gregory DeCinque says the college has shown growth since he took over nine months ago.
"What we've come to is an approach that is based on forming appropriate community partnerships," DeCinque told legislators. "Now this reduces duplication and it allows us to partner with mission-appropriate organizations. And as a result, some very good things are really beginning to happen."
Those partnerships include one with Oswego County BOCES, now known as the Center for Instruction, Technology and Innovation, to collaborate on adult education and training programs.
"We'll also be building out one of the store fronts as a manufacturing training center, where BOCES will be a partner with us there and be able to provide workforce training and development at both a BOCES level and a two-year associate degree level," DeCinque explained.
DeCinque says the pairing is unique because the college is one of the first to collaborate with BOCES on technical training courses.
Cayuga Community College is also in discussions with the Fulton YMCA to work together to renovate a 94,000 square foot former K-Mart into a multi-sports facility.
"We've met with a good number of folks from the Fulton Y, and we're optimistic that in the next year or so that will be coming," DeCinque said.
The college is also doubling the size of its nursing program and is working on a certified occupational therapist program. Crews are also in the process of building a student lounge.
Last August, the college was operating with a negative $54,000 fund balance. But DeCinque announced last month the college was adding $1.8 million to the account, after instituting several cost saving measures and exceeding its budgeted enrollment numbers.