Columbus State Community College Strikes Gold

COLUMBUS (GaeaTimes.com) — With the appointment of new President David Harrison, things are getting better for Columbus State College. It just ended the 2010 fiscal year with nearly $17 million of projected net income.

Standard and Pool’s also credited the school’s long-term bond rating with “A-plus” and boosted it’s financial position outlook from “stable” to “Positive”. This development is overwhelming for the college, at times when most of the other schools are struggling with diminished revenue and shrinking budgets.Though some might balk at this growing surpluses, school and financial are of the opinion that the money will act as a safety cushion to help the school face any future financial crisis.

Campus officials blames mushrooming enrollment, lower than budget spending and interest income on investments of a little more than $1 million for this surplus income.