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    Friday, December 14, 2018-8:44:02A.M.

     

     

     

     

     

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McPhetres: NMTI will survive for the rest of the fiscal year

NORTHERN Marianas Trades Institute Chief Executive Officer Agnes McPhetres said the NMTI has enough funding to get it through to the end of the fiscal year which is Sept. 30, 2018.

“We are okay to the end of this fiscal year, though we aren’t able to offer a new program or buy new textbooks,” she said, adding that the Public School System is purchasing textbooks for them.

She said Saipan lawmakers appropriated $100,000 in casino tax payments to keep  NMTI afloat.

The Rota delegation also appropriated $75,000 and “we have…CW funding,” she added.

She said NMTI is also receiving Education Tax Credit donations from the business community.

The Hotel Association of the Northern Mariana Island donated  $1,000 to NMTI during the  annual Taste of the Marianas.

At NMTI’s third annual gala, Joeten Enterprises donated $3,000 while IT&E made a $5,000 donation.

During this year’s gala, NMTI raised $24,704 compared to $19,000 last year.

“So we are okay for the rest of this fiscal year — after Sept. 30 the new fiscal year begins,” McPhetres said.