Chemeketa Community College (Amanda Loman/Salem Reporter)
The Chemeketa Community College Board of Education will meet Wednesday for a hearing on the proposed $103 million budget for 2021-22.
The proposed budget can be viewed here and an overview here.
The board will also consider a resolution authorizing Chemeketa to issue bonds to cover the cost of paying pension obligations under Oregon’s Public Employee Retirement System. Chemeketa’s unfunded pension liability is $67 million and issuing bonds would allow the college to earn additional interest to pay down that debt, according to a staff report.
To participate: The virtual meeting takes place at 6 p.m. Wednesday, May 19. View the livestream here. Public comments may be submitted until 5 p.m. Tuesday to [email protected].
-Rachel Alexander
