Condensed fs2013 december

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Condensed fs2013 december

  1. 1. Summary Operating Statements For the Period September 1, 2013 ‐ December 31, 2013 For the Meeting of the Board of Trustees ‐ January 23, 2014 for Houston Community College System & Houston Community College Public Facility Corporation
  2. 2. Table of Contents For the Period September 1, 2013 ‐ December 31, 2013 For the Meeting of the Board of Trustees Houston Community College System Memorandum Management Discussion & Analysis Fund Balances Fund Balance Statement  1 Operating Summary HCCS Unrestricted Revenue & Expenditures 2 Auxiliary Sources and Uses of Auxiliary Funds 3 Balance Sheet Balance Sheet by Fund 6 Budgets Adjusted Budgets by Division 7 Exemptions/Waivers Exemptions & Waivers Detail 8
  3. 3. Managements Discussion and Analysis Thru December 31, 2013 Total revenues and expenditures by expense type for the Operating Fund for 2013‐2014 are reported on page one, behind  the tab Detailed Financial Statements. Highlights of financial activities year‐to‐date are as follows: Revenues  State Appropriations received year to date totaled $29,787,470, 3.6% below last year.   The reduction is namely due  to one‐time funding issued to community colleges for the previous biennium.  Under Article IX, the state provided  this supplemental funding in the prior biennium of $1.4M per year.  The state adopted a new funding formula during  the 83rd Legislative Session; 10% of appropriations will be based on student success points and must be earned.   However, for the first biennium, the state waived the use of the formula and will grant each community college full  funding.  Total biennium funding was reduced by 1.5% compared to the previous biennium.  Total appropriations  received are expected to be $69,202,364.  Ad Valorem Tax collections totaled $17,503,580 year‐to‐date.  The tax rate for FY 2014 will remain the same as the  prior year tax rate at $0.097173. However, the proportion of tax revenue applied to operations will decrease this  year due to the increase in tax revenue applied to debt service.  We project that the total tax revenue for the fiscal  year will be $102,727,379, which is a 5% decrease compared to the previous year.  Tuition and Fees net revenue year to date totaled $68,509,498 which is 5% lower than the same time last year.  Fall  2013 enrollment shows a 1.3% decrease to‐date.  We are projecting tuition and fees revenue to be $101,744,369.  Tuition & Fee‐Extended Learning receipts totaled $2,659,182 year to date, 6.3% above last year.  Total tuition and  fees‐Extended Learning at fiscal year end are expected to be $6,565,665. Total revenue collections, net of exemptions and waivers, totaled $119,350,247 year‐to‐date.  Revenue, net of  exemptions & waivers, and transfer‐ins are expected to be $304,821,296 at fiscal year end.  Expenditures   Total Salaries are $58,104,981 year‐to‐date, 3.6% above the previous year, namely due to the 3% annual salary  increases.  Salary expense at year‐end is expected to increase by $1.5M due to changes in TRS guidelines.  Total  salaries at year end are expected to be $172,912,305.  Benefits costs totaled $6,248,825 year‐to‐date, 6.2% above last year.  This increase is due namely to  the reduction in  the state's contribution to TRS and ORP and an increase in health insurance premiums.  Due to TRS rule changes,  benefits at year‐end are expected to increase by $1.5M.  Total benefits at fiscal year end are expected to be  $19,722,603.  Other Departmental expenses in the Auxiliary Fund total $1,970,767, year‐to‐date.  Expenses of $1.6M are attributed  to Yaffe/Duetser & Dynamo Soccer for marketing/recruiting related expenses.  Athletic Field Project ‐ In April 2012, the Board approved approximately $4.1M in Auxiliary funds for six athletic  fields.  This amount has been set aside from the Auxiliary Fund Balance.  Contracted services year‐to‐date totaled $7,152,457, 29% above the previous year.  The increase is namely due to an  increase in janitorial, security and facility maintenance.  Additional IT projects also contributed to the increase.  Total  Contracted Services  at year‐end are expected to be $26,538,151. i
  4. 4. Managements Discussion and Analysis Thru December 31, 2013  Instructional & Other Materials year‐to date totaled $3,139,828, 76% above last fiscal year.  IT upgrades and  additional software contributed to the increase.  Expenses in this area are expected to be $12,208,409 at year end. Total operating fund expenditures year‐to‐date total $95,121,421.  We are projecting expenditures to be  $305,353,547 at fiscal year end.  Budget Priorities funding allocated for the year are detailed below through December 31, 2013.  Budget Commitments/ Priority Funding Expense: Budget Position Management $       2,374,415 1 New Funding Requests Increase in FT Faculty to Meet SACS Requirement QEP Additional Funding Investment in Retention and Completion Faculty Compensation Committee Request Police Staffing ($6.6M over 5 years) Security Upgrades ($4M over 4 years) Designated Fund Balance Transfer Other            5,535,476          1,300,000             125,000          2,500,000             527,000          1,320,000          1,000,000                       ‐               49,500 Total Budget Commitments/Priorities $       14,731,391 1 Items requested during the budget planning process for new funding (i.e. Equipment, personnel, adjunct faculty  funding, etc..) ii
  5. 5. Operating Statement ‐ Unaudited Fund Balalnces (Across all Funds) as of December 31, 2013 Funds Unrestricted Restricted Auxiliary1 Loan &  Endowments  Scholarship 7    Agency           Unexpended Plant Retire of Debt  Invest in Plant      PFC  Grand Total Fund Balance as of 9/1/2013, Audited  $       89,452,802   $    8,722,535   $       9,026,196   $              509,932   $          705,617   $            (59,611)  $              3,149,255   $           9,482,219   $           224,400,116   $     (6,325,820)  $     339,063,240  Revenue2         119,350,247       12,644,797            6,477,695                              ‐            45,625,036                          10                    1,308,192                8,010,542                                  ‐                     3,922           193,420,441  Expenses Salaries Employee Benefits Supplies & General Exp Travel Marketing Costs Rentals & Leases Insurance/Risk Mgmt Contracted Services Utilities 3 Other Departmental Expenses              383,278                       ‐                       ‐                       ‐                       ‐                       ‐                       ‐                       ‐                       ‐                        ‐                        ‐                        ‐                        ‐                        ‐                        ‐                        ‐                        ‐                        ‐                        72,403                        15,947                                ‐                                ‐                                ‐                              678                                ‐                      101,024                                ‐                           ‐                           ‐                           ‐                           ‐                           ‐                           ‐                           ‐                      73,080                           ‐                               ‐                               ‐                               ‐                               ‐                               ‐                               ‐                               ‐                               ‐                               ‐                       ‐                       ‐                       ‐                       ‐                       ‐                       ‐                       ‐                       ‐                       ‐           63,225,883           11,192,472             1,979,668                 368,125                   406,461               1,153,145             6,468,455             8,904,058             2,204,380                 726,854             22,808          2,158,055                           ‐                       ‐                        ‐                                ‐                           ‐                               ‐                       ‐             2,907,718             3,139,828             72,090                  86,122                           ‐                 527,231           170,286                   3,786                           ‐                       ‐                        ‐                 44,673                        ‐                      121,702                           ‐                      129,018                           ‐                               ‐                               ‐                       ‐                       ‐             3,419,742                 874,993               5,199,755                   46,334             2,041,344                         ‐                          ‐                        ‐                        ‐                        ‐                  (4,095,000)                                ‐                 48,432,576                                ‐                               ‐                               ‐                               ‐                     6,363,136                       ‐               615,397               105,082                       ‐                             0             4,330,353           50,888,019             6,363,136           95,121,421        8,291,553        10,441,774                           ‐         (1,531,134)                       ‐                       ‐                       ‐        46,735,598        45,632,415                        ‐                 44,778,348                      73,080                     6,363,136               720,479         164,686,608 Net of Revenue/Expenses           24,228,826        4,353,244         (3,964,079)                           ‐                  (7,379)                         10                (43,470,156)              7,937,462                  (6,363,136)            (716,557)          (18,001,766) Fund Balance Entries Debt Funded               (578,637)              (7,328) Fund Balance as of 12/31/2013 $     113,102,991 $    13,068,451 $       5,062,117 $              509,932 $            698,238 $            (59,601) $               4,959,968 $         17,419,682 $           221,278,516 $       (7,042,378) $      368,997,915 Instructional and Other Materials  Maintenance and Repair 6 Transfers In/Out Debt Capital Outlay Depreciation Scholarship Distribution Total Expenses           58,104,981             6,248,825             1,615,714                 307,865                 371,724             1,087,616             6,465,888             7,152,457             2,085,004 4 & 5        2,123,226        4,435,627             79,149             40,995             11,754             46,667               2,287        1,075,434                    ‐                      ‐                      ‐             211,230                    ‐            2,541,995               492,073               284,806                  19,265                  22,983                  18,184                      280               502,064               119,376          4,095,000                       ‐                  97,787                       ‐                           ‐                           ‐                           ‐                           ‐                           ‐                           ‐                           ‐                           ‐                           ‐                           ‐                           ‐                           ‐                           ‐             (3,668,621)              3,668,621                           ‐                           ‐                 45,280,870 1  Inculdes Foundation expenses of approx. $1.6M (since inception) supplemental funding approved by the Board. 2  Revenue in Unrestricted Fund is shown net of Exemptions/Waivers, namely $4.1M for Dept. of Corrections & Dual Credit waivers. 3  Institution‐wide is inclusive of colleges and/or system administration expenditure (ie. Accredition fees, Graduation Expense, Elections Expense). 4  Expenses of $3,139,828 in the Unrestricted Fund includes, not limited to, classroom materials such as workbooks, textbooks, music supplies, physical education supplies, art materials    and the maintenance of theses instructional materials/equipment.  5  Expenditures of $80,132 in the Auxiliary category is attributed to NEO Café. 6  Items in this category include all student revenue bond payments, transfers for scholarship matching funds,    and transfers to the Unexpended Plant Fund. 7  Items in this category are funded through Bonds. *HCC has adopted and adheres to GASB 34(1999) , GASB 54(2010) and OMB 134(1993).  The college has received unqualified audit opinions since the adoption of each. 1                     3,241,536           47,936,441                          ‐
  6. 6. HOUSTON COMMUNITY COLLEGE 2013‐2014 Budget vs. Actuals as of December 31, 2013   HCCS CURRENT UNRESTRICTED FY2013 Actuals REVENUES State Appropriations Ad Valorem Taxes Tuition, Net Budget $       70,014,003        106,097,476         40,063,500         63,996,717           2,184,999           6,400,587 $         69,202,364          101,478,107            41,453,277            64,922,582                2,543,140                6,565,665 Year‐to‐Date Actuals  Thru December 31,  Actuals  as a  2013 % of Budget $     29,787,470        17,503,580        26,313,690         42,195,808              703,016           2,659,182 43.0% 17.2% 63.5% 65.0% 27.6% 40.5%              517,655                           ‐ Assigned Fund Balance Transfers In3 FY2013 Purchase Order Rolls                           ‐ Total Revenues $   289,274,937                  434,410             187,502            14,731,391                          ‐                6,772,578                           ‐ $       308,103,514 $   119,350,247 43.2% 0.0% 0.0% 38.7% EXPENSES Salaries Employee Benefits Supplies Gen Exp Travel Marketing Costs Rental & Leases Insurance/Risk Mgmt Contract Services4 Utilities Other Departmental Expenses5 Instructional & Other Materials Maintenance & Repair Transfers/Debt Budget Commitments Capital Outlay      Total Expenses  REVENUES H/(L) Vs EXPENSES          172,948,225        58,104,981            18,160,158          6,248,825              6,240,585          1,615,714              1,180,961             307,865              1,667,952             371,724              3,895,008          1,087,616              7,052,666          6,465,888            26,538,151           7,152,457            11,322,831          2,085,004              2,012,270              726,854            12,208,409          3,139,828              1,738,447             527,231            31,686,352          5,246,090              2,995,090                          ‐              8,639,928          2,041,344 $       308,287,033 $     95,121,421 $     24,228,826 33.6% 34.4% 25.9% 26.1% 22.3% 27.9% 91.7% 27.0% 18.4% 36.1% 25.7% 30.3% 16.6% 0.0% 23.6% 30.9% Fees1 Other Local Income2 Tuition & Fee, Net  ‐‐ Extended Learning Grant Revenue        158,833,961         18,704,344           5,216,679              883,137           1,350,751           2,234,487           6,521,682         21,328,764           8,414,469           1,799,321           6,263,298           1,082,934         33,095,470                           ‐           4,451,702 $   270,180,997 $       19,093,940 Unrealized Budget $        39,414,894 $      30,904,179          83,974,527       17,960,176          15,139,587       28,341,987           22,726,774       43,783,289             1,840,124            540,527             3,906,483          2,500,540                246,908            152,392          14,731,391                     ‐             6,772,578                      ‐ $      188,753,267 $  124,183,089        114,843,244       56,085,325          11,911,333         5,882,836            4,624,871         1,491,289                873,096            200,229            1,296,228            449,404            2,807,392            708,926                586,778         6,518,408          19,385,694         5,542,718            9,237,827         2,076,261            1,285,415            641,550            9,068,581         1,785,042            1,211,216            129,256          26,440,262         5,437,261            2,995,090                     ‐            6,598,584         3,534,326 $      213,165,611 $      90,482,832 $      33,700,258 1  Fees charged to student include: Out‐of‐District fees, Technology fees, lab fees, etc. Includes interest & dividends income, fines & penalties and parking fines 3  Planned Fund Balance transfer and additional budget commitments related to Student Services & Instruction     as approved by the Board during the budget process. 2  4 Projected  Actuals %  Year‐to‐Date  Projected 2013‐ 2013‐2014  2013‐2014  Actuals Thru  Inc/(Dec) vs. 2012‐ Inc/(Dec)YTD  Projected Actuals  2014 Inc/(Dec) vs.  Inc/(Dec) vs.  2013 vs. PriorYTD @ 8/31/2014 December 31, 2012 Budget Adj Budget %  Contracted Services includes consulting, auditing and maintenance & ground services. 5  Institution‐wide is inclusive of colleges and/or system administration expenditure (ie. Accreditation fees,     Graduation Expense, Elections Expense). 2 $   (1,116,709)        (456,595)     (2,028,297)     (1,587,481)         162,489 ‐3.61% ‐2.54% ‐7.16% ‐3.63% 30.06%    69,202,364 102,727,379    38,685,198    63,059,171      2,543,140                     ‐         1,249,272        (2,768,079)        (1,863,411)                     ‐ 0.00% 1.23% ‐6.68% ‐2.87% 0.00%          158,642           35,110                  ‐                   ‐ $   (4,832,842) 6.34% 23.04% 0.00% 0.00% ‐3.89%         6,565,665                      ‐          434,410                     ‐    14,731,391                     ‐         6,772,578                      ‐ 304,721,296        (3,382,218) 0.00% 0.00% 0.00% 0.00% ‐1.10%      2,019,656         365,989         124,424         107,636          (77,680)         378,691          (52,520)      1,609,739              8,743           85,304      1,354,786         397,975        (191,172)                  ‐     (1,492,982)      4,638,589 3.60% 6.22% 8.34% 53.76% ‐17.29% 53.42% ‐0.81% 29.04% 0.42% 13.30% 75.90% 307.90% ‐3.52% 0.00% ‐42.24% 5.13% 172,912,305    19,722,603      5,929,016      1,180,961      1,526,983      3,895,008      6,750,523    26,538,151    10,612,592      2,012,270    12,208,409      1,738,447    31,686,352                  ‐      8,639,928 305,353,547 $      (632,251)              (35,920)         1,562,445           (311,569)                     ‐           (140,969)                     ‐           (302,143)                     ‐           (710,239)                     ‐                     ‐                     ‐                     ‐        (2,995,090)                     ‐        (2,933,485) $         (448,732) ‐0.02% 8.60% ‐4.99% 0.00% ‐8.45% 0.00% ‐4.28% 0.00% ‐6.27% 0.00% 0.00% 0.00% 0.00% ‐100.00% 0.00% ‐0.95%
  7. 7. HOUSTON COMMUNITY COLLEGE SYSTEM Auxiliary Budget By Fund as of December 31, 2013 Auxiliary Funds1 3101‐3100         Main Leasing Auxiliary2 Assigned Fund Balance at  August 31, 2013 3111   International  4 Student Services 3110 Foundation3 3207   3201              International  Cafe Club NEO  3100 Main Initiatives5 3208             Saudi Consulting  Services6 3209             Qatar Subtotal Marketing $    18,607,266 $     7,631,393 $          (1,458,032) $          (16,170,934) $     (1,160,839) $     (1,435,926) $           (43,204) $        203,712 $     1,040,292 $        7,213,727 FY2013  Revenue              1,809,047               825,902                                  ‐  Salaries                  103,754               222,550                        34,610                 104,095                   90,235            1,918,605             2,473,849  Benefits                    27,712                 57,971                            6,901                   25,126                   22,731               338,981                 479,423  Supplies Gen Exp                    12,677                 30,011                            7,866                     4,825                           25                    2,173                   57,575                         378                 11,673                   16,121  Travel                  22,983  Rental & Leases                      1,784                 15,700  Contract Services                  297,931                 83,876                        51,519  Utilities                              ‐                 164,409                   2,684                            1,386  Marketing Costs                                      ‐                 118,126  Departmental Expenses   Instructional & Other  Materials   Maintenance & Repair                      1,250                   18,184                 119,376                    9,779             2,121,261                            5,231                   80,132                   85,363                     1,825                       810                              159                     1,750                     4,545                         28                           28                              ‐             4,095,000             4,095,000                     2,582                 95,205                   97,787  Total Expense              4,661,390               665,345                      108,420                 135,661                 201,623                         403                                          ‐ 2,281,211           10,024,820        (2,852,343)           160,556                (108,420)               (1,970,767)            (135,661)              (37,214)               22,930                         ‐              96,905        (4,824,013) Net Assigned Fund Balance  1            5,200,807                 433,326  Exemptions and Waivers  Contribution to Fund Balance           2,378,117                   22,983                         700               133,527                              749                     1,970,767                     6,440  Insurance/Risk Mgmt  Transfer7  Capital Outlay                   23,333 $    15,754,922 $     7,791,949 $          (1,566,453) $          (18,141,700) $     (1,296,500) $     (1,473,140) $           (20,273) $        203,712 $     1,137,197 $        2,389,714 Restricted by limitations; must comply with laws, statues and regulations. 2 Common Area ‐ Revenue in this category include bookstore commission, facility rental income and child day care revenue. 3 Approx. $1.5M (since inception) supplemental funding, approved by the Board. Return on Investment (ROI) is approximately 3:1. 4   Activity in this fund is related to International Student Support. 5  Revenue is associated with Saigon Tech 6  Fund Balance  is comprised of Settlements from NCAAA Contract & Education Experts Co. 7  In April 2012 the Board approved approx. $4.1M in auxiliary funds for six  athletic fields. 3
  8. 8. HOUSTON COMMUNITY COLLEGE SYSTEM Auxiliary Budget By Fund as of December 31, 2013 Student Auxiliary Funds ‐ Committed1 3111                 3112                  3110             Student Activity Fee Student  Athletic Fee Student  Vending  Commission Committed Fund Balance at 8/31/13 Subtotal Grand Total $        291,716 $              841,357 $                 679,397 $        1,812,469 $        9,026,196 FY2013  Revenue                             ‐                      735,901                         546,192             1,282,093  Salaries                         11,811                           56,336                   68,146  Benefits           6,482,900                              154                           12,495                   12,649          2,541,995             492,073  Supplies Gen Exp                  25,060                      181,865                           20,305                 227,231             284,806  Travel                        698                              726                             1,720                     3,144  Marketing Costs                               ‐               19,265               22,983  Rental & Leases                               ‐               18,184  Contract  Services   Utilities                    2,316                        29,607                           36,814                   68,738             502,064                              ‐  Departmental  Expenses   Instructional &  Other Materials                    5,000                            1,794                           30,000                   36,794             119,376          2,158,055                              ‐               85,363  Maintenance &  Repair   Insurance ‐ Risk  Mgmt   Exemptions and  Waivers   Transfer                               ‐                   4,545                              140                                 112                         252                     280                            5,205                     5,205                   5,205                              ‐          4,095,000               97,787  Capital Outlay   Total Expense                               ‐                 33,074                      231,302                         157,782                 422,159           10,446,979 Contribution to Fund Balance            (33,074)                  504,599                    388,409             859,934        (3,964,079) Net Committed Fund Balance $        258,641 $           1,345,956 $               1,067,806 $        2,672,403 $        5,062,117 1 Funds are committed for services related to students 4
  9. 9. Houston Community College Balance Sheet By Fund For Month Ended December 31, 2013 CURRENT &  1 LOAN FUNDS PLANT & BOND  2 FUNDS  Total All Funds  ASSETS Current Assets: Cash &  cash equivalents Restricted cash & cash equivalents Short term Investments Accounts/Other receivable (net) Deferred charges Prepaids Total Current Assets $     87,956,967       13,636,634                         ‐       28,391,825            273,624            104,368     130,363,418 $         50,435,501         404,430,743                              ‐             1,405,278                              ‐                 881,112         457,152,634 $       138,392,468          418,067,377                               ‐            29,797,103                  273,624                  985,480          587,516,052 Non‐current Assets: Deferred charges, net Restricted long‐term investments Long‐term investments Capital Assets, net Total Non‐current Assets                         ‐                         ‐       13,591,251                         ‐       13,591,251                              ‐           34,290,610                              ‐         823,687,640         857,978,250                               ‐            34,290,610            13,591,251          823,687,640          871,569,501 Total Assets $  143,954,669 $   1,315,130,884 $     1,459,085,553 LIABILITIES Current Liabilities: Accounts payable Accrued liabilities Compensated absences Funds held for others Deferred revenue Notes payable‐current portion Bonds payable‐current portion Capital lease obligations‐current Total Current Liabilities         5,812,209          1,794,181         2,261,499            633,148         1,071,505                         ‐                         ‐                         ‐       11,572,541                   73,909                2,829,943                              ‐                 189,209                   99,215             7,495,000           18,535,000                              ‐           29,222,277                5,886,118                4,624,125                2,261,499                  822,357                1,170,720                7,495,000            18,535,000                               ‐            40,794,818 Non‐current Liabilities: Deposits Notes payable Bonds payable Capital lease obligations Total Non‐current Liabilities                         ‐                         ‐                         ‐                         ‐                         ‐                              ‐         169,521,887         766,497,828         106,230,726      1,042,250,441                               ‐          169,521,887          766,497,828          106,230,726       1,042,250,441 Total Liabilities $     11,572,541 $   1,071,472,718 $     1,083,045,259     108,357,470         237,031,590          345,389,060             6,626,576            19,686,109                4,338,547                6,626,576      Fund Balance‐  August 31, 2013 Audited  Revenues Over Expenditures      Unrestricted      Restricted      Net Investment in Plant       19,686,109         4,338,547 Total Fund Balances, Unaudited $  132,382,126 $       243,658,166 $       376,040,292  Total Liabilities &  Fund Balances  $  143,954,668 $   1,315,130,884 $     1,459,085,553 1 2  I ncludes Unrestricted, Restricted, Loan & Endowment, Scholarship, Agency and Auxiliary Funds.  Includes Unexpended Plant, Retirement of Debt and Investment in Plant Funds. 6
  10. 10. HOUSTON COMMUNITY COLLEGE FY 2013‐14 Adjusted Budget by Colleges as of December 31, 2013  TM   CENTRAL   NORTH WEST   NORTH EAST   SOUTH WEST   SOUTH EAST   COLEMAN   EXTENDED  LEARNING   SYSTEM   Grand Total  Salaries $    24,590,269 $    24,353,509 $    18,943,306 $    26,493,612 $    15,304,563 $    11,101,016 $    10,956,952 $        41,204,998 $       172,948,225 Employee Benefits                   7,278 Supplies & Gen             295,571             384,257             194,854             283,723             268,929             343,533             221,790             4,025,398             6,018,055 Travel 615,855             1,180,961             112,815             108,802               34,031               67,483               53,939               97,092               90,944                  Marketing Costs               51,979               47,585               85,322               29,306               77,434               40,823             378,606                  947,037             1,658,092 Rentals & Leases                   6,810             150,870          1,013,195             532,244               81,484             482,744               26,530             1,584,678             3,878,555 Insurance/Risk Mgmt                     794                     168 Contracted Services             320,942             310,689               55,877               57,472             118,880             384,245             347,232           23,597,583           25,192,920 Utilities                   5,025 Other Departmental Expenses               85,325               45,065               52,801               45,569             127,924             117,930               50,333             1,462,322             1,987,269 Instructional and Other Materials             482,362             305,892             142,574             273,184               61,052             360,595          1,108,692             7,684,287           10,418,638 Maintenance and Repair             138,195               46,884               41,883               90,485               35,172               87,207             176,103                  760,316             1,376,245 Transfers/Debt                      ‐                      ‐                      ‐                     154                      ‐           18,152,880           18,160,158                      ‐                   4,600                     362             845,806          5,637,942          1,200,000                      ‐             7,051,550             7,052,666           11,290,217           11,300,204                      ‐                      ‐           24,002,604           31,686,352 Budget Commitments/Priority Funding               36,883               29,694               44,640               50,000               49,564               38,813 Capital Outlay             468,847             702,609               79,377             279,431               56,629               59,370             153,995             3,860,767             5,661,025 FY2013 Purchase Order Rolls Grand Total             2,745,496             2,995,090             6,772,578             6,772,578 $ 26,603,095 $ 27,331,830 $ 26,330,402 $ 29,403,025 $ 16,235,570 $ 13,113,368 $ 13,511,177 $  155,758,566 $  308,287,033 7
  11. 11. Exemptions & Waivers Thur December 31, 2013 Account FY 2012‐13 Year‐to‐Date   End of Year  Activity thru  Activity  12/31/2012 FY 2013‐14  Year‐to‐Date  Activity thru  12/31/2013  Tuition Budget: Adjusted Budget FY 2013‐14, Net Revenues Received: Tuition Waivers & Exemptions: Dual Credit Other Total Waivers & Exemptions Total Tuition Revenue, Net $         41,453,277          46,926,645          32,578,379           31,073,887           (4,877,897)           (1,985,247)           (6,863,144) $        40,063,501           (3,054,450)           (1,181,942)           (4,236,392) $        28,341,987            (3,344,899)            (1,415,298)            (4,760,197) $          26,313,690 Tuition ‐ Extended Learning Budget: Budget FY 2013‐14, Net $           6,565,665 Revenues Received: Tuition Waivers & Exemptions: Corrections Total EL Tuition Revenue, Net            8,677,989            3,221,090             3,422,888           (2,277,402)              (720,550)               (763,706) $          6,400,587 $          2,500,540 $           2,659,182 FY 2012‐13 FY 2013‐14 Exemptions & Waivers Dept of Corrections Dual Credit Waiver  Actuals %  Year‐to‐Date   Year‐to‐Date   End of Year  Inc/(Dec)YTD  Activity thru  Activity thru  Activity  vs. PriorYTD  12/31/2013  12/31/2012 $          2,277,402 $             720,550 $              763,706 5.99%            4,877,897            3,054,450             3,344,899 9.51% Other: Employee Fee Exemptions Firemen Hazelwood Deaf & Blind High Ranking Hi SCH Grad Child of Disabled Vet ETC Emp of State Coll & Univ Nonres Teach/Research Asst Nonres Competitive Scholar Senior Citizens Misc Tuition/Fees Waivers Refugee Waiver Foster Children‐Resident Undocumented Students TX Tomorrow Waiver Surviving Spouse/Children Peace Officer Exemption Stipends Total Other Exemptions Grand Total Exemptions & Waivers                  70,071                  39,745                  25,475                  16,963            1,266,190                713,929                258,017                190,236                    2,418                    1,271                    1,686                    6,165                       319                    1,062                  10,443                    6,107                    2,301                    1,062                  15,857                    9,584                        ‐                        ‐                        ‐                      (162)                304,145                187,857                        ‐                        ‐                        ‐                        ‐                        ‐                        ‐                  14,275                    8,123                  14,050                        ‐            1,985,247            1,181,942 $          9,140,546 $          4,956,942 8                   43,069                     9,717                  998,880                  137,341                        558                         ‐                         ‐                     4,337                     8,514                   10,531                        576                        183                  185,809                     9,237                     3,708                     2,119                        719                         ‐             1,415,298 $           5,523,903 8.36% ‐42.72% 39.91% ‐27.80% ‐56.10% ‐100.00% 0.00% ‐28.98% 701.69% 9.88% 0.00% ‐212.96% ‐1.09% 0.00% 0.00% 0.00% ‐91.15% 0.00% 19.74% 11.44%

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