Community College Jobs

In Pennsylvania, debate intensifies over how to finance a new campus of Northampton Community College

Pocono Record
The debate over the financing for a new Tannersville campus for Northampton Community College, which has roiled Monroe County's commissioners for much of the summer, exposes two different perspectives and philosophies: one is based in trust and the other in skepticism.

Commissioners' Chairwoman Suzanne McCool and Commissioner Theresa Merli, who both favor the project, trust that the county's business office and hired experts have thoroughly examined the risks involved in financing the new, 5,000-student campus of NCC.

"We're overanalyzing this," said Merli, during a spirited, often contentious exchange before the Pocono Record's editorial board Thursday morning. "It's time to move forward."

The session took place less than a week before the project faces a significant milestone. The commissioners are preparing to vote Wednesday on a memorandum of understanding with the college that will green-light a deal between the county and the college for the missing piece of financing.

The $72 million project will derive its support from three sources: a state grant for $36 million, which must be matched by a local share, as well as between $5 million and $7 million that it will raise privately.
Full Story
Read more of today's top stories>>
Related Jobs
Find More Jobs Like This View All Jobs
Finance Lab Director (S03916) Job...

Finance Lab Director Montgomery...

Vice President for Finance and Administration Position ObjectiveApplications received by Sunday, April 6, 2020, at...

Senior Buyer – Finance/Purchasing Performs...

Finance and Credit, Adjunct Faculty Position TitleFinance and Credit, Adjunct FacultyOpen Internally or...


Related community college News


Community College Jobs
Academic Advertising
260 Peachtree Street, N.W.
Suite 2200
Atlanta, GA 30303
Google Plus
About Community College Jobs
Advertise Jobs
Contact Us
College Profiles
Site Map
Privacy Policy
Terms of Use
Resources / Links
Copyright © 2010 Community College Jobs - All Rights Reserved.