Officials at Central Texas College characterized the college’s financial performance for the 2011-12 fiscal year as “strong” at a meeting of CTC’s board of trustees Thursday afternoon.
The board approved the college’s annual financial audit and the annual financial report, which showed a 9 percent jump in the college’s total assets, which translates to an increase of about $17 million. The college’s revenue from cash and investments was up $18 million, according to the report.
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Contact Chris McGuinness at firstname.lastname@example.org or (254) 501-7568. Follow him on Twitter at ChrismKDH.