BENTON HARBOR -- The Lake Michigan College board of trustees has approved a budget for the 2006-2007 fiscal year of $27.6 million -- a 4 percent increase over the 2005-2006 budget....In other reports, the board also accepted a three-year contract agreement with the college's faculty union. Members of the LMC Education Association ratified the agreement June 22, with the contract going into effect Saturday.
The contract provides for a 2 percent wage increase for the 2006-2007 academic year and 2.5 percent wage increases for each of the two following years. It also provides a more streamlined performance evaluation system for annual faculty reviews.
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