Condensed fs2014 january

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Condensed fs2014 january

  1. 1. Summary Operating Statements For the Period September 1, 2013 ‐ January 31, 2014 For the Meeting of the Board of Trustees ‐ February 27, 2014 for Houston Community College System & Houston Community College Public Facility Corporation
  2. 2. Table of Contents For the Period September 1, 2013 ‐ January 31, 2014 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 January 31, 2014 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 $57,233,085 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 $84,763,528 which is 2.2% 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 $3,999,031 year to date, 5.2% 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 $177,034,165 year‐to‐date.  Revenue, net of  exemptions & waivers, and transfer‐ins are expected to be $304,721,296 at fiscal year end.  Expenditures   Total Salaries are $69,770,185 year‐to‐date, 3.8% 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 $7,694,812 year‐to‐date, 5.6% 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.  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 $8,846,878, 17.4% 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 $26,538,061. i
  4. 4. Managements Discussion and Analysis Thru January 31, 2014  Instructional & Other Materials year‐to date totaled $3,900,823, 43% above last fiscal year.  IT upgrades and  additional software contributed to the increase.  Expenses in this area are expected to be $12,137,889 at year end. Total operating fund expenditures year‐to‐date total $114,635,129.  We are projecting expenditures to be  $305,350,875 at fiscal year end.  Budget Priorities funding allocated for the year are detailed below through January 31, 2014.  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 January 31, 2014 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         177,034,165       14,578,177            8,105,250                       5,604          76,092,488                          10                    1,832,206              19,254,603                                  ‐                     3,922           296,906,425  Expenses Salaries Employee Benefits Supplies & General Exp Travel Marketing Costs Rentals & Leases Insurance/Risk Mgmt Contracted Services Utilities 3 Other Departmental Expenses Instructional and Other Materials  Maintenance and Repair 6 Transfers In/Out Debt Capital Outlay Depreciation Scholarship Distribution Total Expenses           69,770,185             7,694,812             2,009,012                 356,099                 461,990             1,199,402             6,465,806             8,846,878             2,785,993              512,747                       ‐                       ‐                       ‐                       ‐                       ‐                       ‐                       ‐                       ‐                        ‐                        ‐                        ‐                        ‐                        ‐                        ‐                        ‐                        ‐                        ‐                        90,503                        19,934                                ‐                                ‐                                ‐                              678                                ‐                      105,547                                ‐                           ‐                           ‐                           ‐                           ‐                           ‐                           ‐                           ‐                  173,546                             ‐                               ‐                               ‐                               ‐                               ‐                               ‐                               ‐                               ‐                               ‐                               ‐                       ‐                       ‐                       ‐                       ‐                       ‐                       ‐                       ‐                       ‐                       ‐           76,030,270           13,880,976             2,464,153                 433,807                   498,099               1,281,405             6,468,772           11,300,975             2,943,208                 838,688             24,913          2,444,214                           ‐ 4 & 5        2,561,991        5,563,475             96,147             49,123             13,106             53,617               2,287        1,505,120                    ‐                         ‐                        ‐                                ‐                           ‐                               ‐                       ‐             3,307,815             3,900,823             82,779               101,436                           ‐                 595,522           253,646                   5,674                           ‐                       ‐                        ‐                 78,411                        ‐                      121,702                           ‐                      133,576                           ‐                               ‐                               ‐                       ‐                       ‐             4,206,739             1,066,828             6,168,004                   46,334             3,495,581                         ‐           (2,499,383)                       ‐                       ‐                       ‐        78,038,915        76,130,690                        ‐                        ‐                        ‐                        ‐                  (4,095,000)                                ‐                 50,639,782                                ‐                               ‐                               ‐                               ‐                     7,954,556                       ‐               615,397               105,082                       ‐                            (0)             4,330,353           54,587,483             7,954,556                        ‐                 47,016,722                  173,546                       7,954,556               720,479         190,755,439                    ‐                      ‐             249,251                    ‐            3,094,843               602,755               358,995                  28,586                  23,002                  27,708                      679               669,885               157,215          4,095,000                       ‐                  97,787                       ‐                           ‐                           ‐                           ‐                           ‐                           ‐                           ‐                           ‐                           ‐                           ‐                           ‐                           ‐                           ‐                           ‐          114,635,129      10,455,455        11,707,777                           ‐             (3,668,621)              3,668,621                           ‐                           ‐ Net of Revenue/Expenses           62,399,036        4,122,722         (3,602,527)                       5,604                (38,202)                         10                (45,184,517)            19,081,057                  (7,954,556)            (716,557)           28,112,071 Fund Balance Entries Debt Funded               (578,639)              (7,328) Fund Balance as of 01/31/2014 $     151,273,199 $    12,837,929 $       5,423,669 $              515,536 $            667,415 $            (59,601) $               3,090,965 $         28,563,276 $           222,552,388 $       (7,042,377) $      417,822,398                 45,126,227 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 $5.1M 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 $3,900,823 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 $95,466 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                     6,106,827           50,647,087                          ‐
  6. 6. HOUSTON COMMUNITY COLLEGE 2013‐2014 Budget vs. Actuals as of January 31, 2014   HCCS CURRENT UNRESTRICTED Year‐to‐Date Actuals  Thru January 31,  Actuals  as a  2014 % of Budget Year‐to‐Date  Actuals Thru  January 31, 2013 Projected  Actuals %  Projected 2013‐ 2013‐2014  2013‐2014  Inc/(Dec) vs. 2012‐ Inc/(Dec)YTD  Projected Actuals  2014 Inc/(Dec) vs.  Inc/(Dec) vs.  2013 vs. PriorYTD @ 8/31/2014 Budget Adj Budget % FY2013 Actuals REVENUES State Appropriations Ad Valorem Taxes Tuition, Net Fees1 Other Local Income2 Tuition & Fee, Net  ‐‐ Extended Learning Grant Revenue Assigned Fund Balance Transfers In3 FY2013 Purchase Order Rolls Total Revenues 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 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 $     29,787,470        57,233,085        32,625,594         52,137,934              953,766           3,999,031 43.0% 56.4% 78.7% 80.3% 37.5% 60.9% $        39,414,894 $      30,904,179 $   (1,116,709)          44,245,022       60,406,443     (3,173,358)            8,827,683       33,828,115     (1,202,521)           12,784,648       52,830,711        (692,778)             1,589,374            744,586         209,180             2,566,634          3,799,996          199,036 ‐3.61% ‐5.25% ‐3.55% ‐1.31% 28.09% 5.24%    69,202,364                     ‐ 102,727,379         1,249,272    38,685,198        (2,768,079)    63,059,171        (1,863,411)      2,543,140                     ‐         6,565,665                      ‐ 0.00% 1.23% ‐6.68% ‐2.87% 0.00% 0.00%              517,655                           ‐                           ‐ $   289,274,937                  434,410             297,285            14,731,391                          ‐                6,772,578                           ‐ $       308,103,514 $   177,034,165 68.4% 0.0% 0.0% 57.5%                137,125            220,092           77,192          14,731,391                     ‐                  ‐             6,772,578                      ‐                   ‐ $      131,069,349 $  182,734,122 $   (5,699,957) 35.07%          434,410                     ‐ 0.00%    14,731,391                     ‐ 0.00%         6,772,578                      ‐ ‐3.12% 304,721,296        (3,382,218) 0.00% 0.00% 0.00% ‐1.10%        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          175,559,288        69,770,185            18,154,720          7,694,812              6,151,469          2,009,012              1,197,690             356,099              1,657,952             461,990              3,881,993          1,199,402              7,052,666          6,465,806            26,538,061           8,846,878            11,322,831          2,785,993              2,154,219              838,688            12,137,889          3,900,823              1,721,947             595,522            31,538,352          6,214,338                  421,974                          ‐              8,612,463          3,495,581 $       308,103,514 $   114,635,129 $     62,399,036 39.7% 42.4% 32.7% 29.7% 27.9% 30.9% 91.7% 33.3% 24.6% 38.9% 32.1% 34.6% 19.7% 0.0% 40.6% 37.2%        105,789,103       67,219,863          10,459,908         7,287,713            4,142,457         1,900,806                841,591            255,974            1,195,962            552,205            2,682,591         1,135,365                586,860         6,518,335          17,691,183         7,534,508            8,536,838         3,147,974            1,315,531            760,955            8,237,066         2,727,660            1,126,425            174,522          25,324,014         6,151,581                421,974                     ‐            5,116,882         3,867,690 $      193,468,385 $  109,235,151 $      73,498,971 Unrealized Budget 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  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      2,550,322         407,099         108,205         100,125          (90,214)           64,038          (52,528)      1,312,369        (361,981)           77,733      1,173,162         420,999           62,757                  ‐        (372,109)      5,399,977 3.79% 5.59% 5.69% 39.12% ‐16.34% 5.64% ‐0.81% 17.42% ‐11.50% 10.22% 43.01% 241.23% 1.02% 0.00% ‐9.62% 4.94% 172,912,305    19,722,603      5,929,016      1,180,961      1,657,952      3,881,993      6,750,523    26,538,061    10,612,592      2,154,219    12,137,889      1,721,947    31,538,352                  ‐      8,612,463 305,350,875 $      (629,579)        (2,646,983)         1,567,883           (222,453)              (16,729)                     ‐                     ‐           (302,143)                     ‐           (710,239)                     ‐                     ‐                     ‐                     ‐           (421,974)                     ‐        (2,752,638) $         (629,579) ‐1.51% 8.64% ‐3.62% ‐1.40% 0.00% 0.00% ‐4.28% 0.00% ‐6.27% 0.00% 0.00% 0.00% 0.00% ‐100.00% 0.00% ‐0.89%
  7. 7. HOUSTON COMMUNITY COLLEGE SYSTEM Auxiliary Budget By Fund as of January 31, 2014 Auxiliary Funds1 3101‐3100         3104 ‐ Minority  Main Leasing Busniess  Development  Agency Assigned Fund Balance at  August 31, 2013 3110 Misc. Auxiliary2 Foundation3 Marketing Bookstore  Commission Total Auxiliary  (3110) 3111   International  Student  3201             Cafe Club NEO  3100 Main Subtotal Services4 $    18,607,266 $                     ‐ $         (13,197,204) $            (1,458,032) $   (16,170,934) $    20,828,597 $     (9,997,573) $    (1,160,839) $    (1,435,926) $     6,012,927  Revenue                2,245,309                          2,350                     170,291  Salaries                  128,775                      273,645                           39,433                 313,078               128,978               112,406               683,237  Benefits                    34,575                        71,104                             7,805                   78,909                   30,804                   28,404               172,691  Supplies Gen Exp                    15,056                        38,965                             8,077                   47,041  Travel                             3,173                             1,419                     4,592                    4,592  Marketing Costs                         23,002                   23,002                   23,002                       700                   21,804 FY2013                                     ‐                             ‐                 904,633            1,074,924                           ‐              209,896           3,532,479                    5,686                   67,783  Rental & Leases                      2,229                        18,875                   18,875  Contract Services                  323,302                      143,626                           51,519                 195,145               518,447  Utilities                  155,965                              ‐                    1,250               157,215  Departmental Expenses   Instructional & Other  Materials   Maintenance & Repair                       180,308                             1,424               2,203,338                         600            2,393,985                     5,390                         508                              508                   95,446               101,436  Insurance/Risk Mgmt                                 28                           28 3940.13                    5,674                           28  Exemptions and Waivers                             2,065                     2,065                    2,065                              ‐            4,095,000                        95,205                   95,205                   97,787 Transfer5  Capital Outlay                      1,225               2,385,070                    8,916                             5,390               4,095,000                     2,582  Total Expense              4,759,308                                 ‐                      850,504                         115,066                              ‐             3,168,909               168,697               247,832            8,344,745 Contribution to Fund Balance        (2,513,998)                    2,350                (680,214)                   (115,066)        (2,203,338)             904,633        (2,093,985)          (168,697)              (37,935)       (4,812,266) Net Assigned Fund Balance  $    16,093,267 $                 2,350 $         (13,877,418) $            (1,573,098) $   (18,374,272) $    21,733,230 $   (12,091,558) $    (1,329,536) $    (1,473,862) $     1,200,661 1 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. $1.6M (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  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 January 31, 2014 Auxiliary Funds1 3207         International  Initiatives2 Assigned Fund Balance at  August 31, 2013 3208                 Saudi Consulting  3209                  Qatar Services3 Subtotal $               (43,204) $              203,712 $               1,040,292 $        1,200,800 FY2013  Revenue                       23,333                                  ‐                    2,909,850            2,933,183  Salaries                        2,320,236               2,320,236  Benefits                          413,784                 413,784  Supplies Gen Exp                               25                             5,134                     5,159  Travel                            11,806                   12,184                            378  Marketing Costs                               ‐  Rental & Leases                               ‐  Contract Services                            60,000                   60,000  Utilities                               ‐  Departmental  Expenses   Instructional &  Other Materials                              9,983                     9,983  Maintenance &  Repair   Insurance/Risk                               ‐  Exemptions and  Waivers  Transfer7  Capital Outlay                               ‐                              ‐                              ‐                              ‐                              ‐  Total Expense                             403                                   ‐ Contribution to Fund Balance                     2,820,943               2,821,345                  22,930                               ‐                      88,907             111,838 Net Assigned Fund Balance  1 $               (20,273) $              203,712 $               1,129,199 $        1,312,638 Restricted by limitations; must comply with laws, statues and regulations. 2  Revenue is associated with Saigon Tech 3  Fund Balance  is comprised of Settlements from NCAAA Contract & Education Experts Co. 4
  9. 9. HOUSTON COMMUNITY COLLEGE SYSTEM Auxiliary Budget By Fund as of January 31, 2014 Student Auxiliary Funds ‐ Committed1 3110              3111                 3112                  Student Vending  Student Activity Fee Student  Athletic Fee 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                       60,437                      906,810                         681,112               1,648,358  Salaries                           2,400                        15,091                           73,880                   91,371  Benefits                               187                           16,093                   16,280          8,114,020          3,094,843             602,755  Supplies Gen Exp                       33,534                      230,567                           21,952                 286,053             358,995  Travel                             698                            8,961                             2,151                   11,810  Marketing Costs                               ‐                 28,586                 23,002  Rental & Leases                              5,904                     5,904                 27,708  Contract Services                           2,316                        42,114                           47,008                   91,438             669,885  Utilities                           5,762                            4,484                           30,000                   40,246             157,215          2,444,214                              ‐             101,436                              ‐                  5,674                              140                                 511                         651                     679                            6,705                     6,705                  8,770                              ‐  Departmental  Expenses   Instructional &  Other Materials                               ‐  Maintenance &  Repair   Insurance ‐ Risk  Mgmt   Exemptions and  Waivers   Transfer   Capital Outlay                               ‐          4,095,000                 97,787  Total Expense                       44,710                      308,249                         197,498                 550,457        11,716,547 Contribution to Fund Balance                  15,727                  598,560                    483,614          1,097,901        (3,602,527) Net Committed Fund Balance $             307,442 $           1,439,917 $               1,163,011 $        2,910,370 $        5,423,669 1 Funds are committed for services related to students 5
  10. 10. Houston Community College Balance Sheet By Fund For Month Ended January 31, 2014 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 $  140,978,010        (1,608,637)                         ‐       51,527,077            273,624            119,622     191,289,695 $         32,798,726         430,287,098                              ‐             1,367,234                              ‐                 881,112         465,334,170 $       173,776,736          428,678,461                               ‐            52,894,311                  273,624                1,000,734          656,623,866 Non‐current Assets: Deferred charges, net Restricted long‐term investments Long‐term investments Capital Assets, net Total Non‐current Assets                         ‐                         ‐         8,714,694                         ‐         8,714,694                              ‐           34,705,938                              ‐         824,597,131         859,303,068                               ‐            34,705,938                8,714,694          824,597,131          868,017,762 Total Assets $  200,004,389 $   1,324,637,239 $     1,524,641,628 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       23,710,579          1,794,086         2,261,499            643,556            936,520                         ‐                         ‐                         ‐       29,346,241                 501,949                1,359,796                              ‐                 189,209                   99,215             7,495,000           18,535,000                              ‐           28,180,169            24,212,529                3,153,882                2,261,499                  832,766                1,035,735                7,495,000            18,535,000                               ‐            57,526,410 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 $     29,346,241 $   1,070,430,610 $     1,099,776,851     108,357,471         237,031,590          345,389,061           17,175,038            58,217,870                4,082,806            17,175,038      Fund Balance‐  August 31, 2013 Audited  Revenues Over Expenditures      Unrestricted      Restricted      Net Investment in Plant       58,217,870         4,082,806 Total Fund Balances, Unaudited $  170,658,147 $       254,206,628 $       424,864,776  Total Liabilities &  Fund Balances  $  200,004,388 $   1,324,637,239 $     1,524,641,628 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
  11. 11. HOUSTON COMMUNITY COLLEGE FY 2013‐14 Adjusted Budget by Colleges as of January 31, 2014  TM   CENTRAL   NORTH WEST   NORTH EAST   SOUTH WEST   SOUTH EAST   COLEMAN   EXTENDED  LEARNING   SYSTEM   Grand Total  Salaries $    24,802,421 $    24,789,112 $    19,058,754 $    26,837,409 $    15,478,115 $    11,244,915 $    11,125,988 $        42,222,574 $       175,559,288 Employee Benefits                      ‐ Supplies & Gen             289,979             379,284             194,159             283,162             241,889             340,033             218,990             3,981,443             5,928,939 Travel 623,855             1,197,690             112,415             111,463               33,731               70,681               57,909               96,842               90,794                  Marketing Costs               51,979               47,585               82,822               29,306               77,434               40,823             378,606                  939,537             1,648,092 Rentals & Leases                   6,810             150,870          1,013,195             532,244               81,484             467,379               28,880             1,584,678             3,865,540 Insurance/Risk Mgmt                     794                     168 Contracted Services             320,942             310,689               61,377               57,472             128,380             383,245             297,232           23,633,493           25,192,830 Utilities                   5,025 Other Departmental Expenses               85,325               45,285               51,151               43,826             107,924             117,880               50,333             1,627,494             2,129,218 Instructional and Other Materials             482,862             305,892             137,374             261,578               85,282             357,095          1,035,350             7,682,685           10,348,118 Maintenance and Repair             138,195               46,884               41,883               90,485               18,672               87,207             176,103                  760,316             1,359,745 Transfers/Debt                      ‐ Budget Commitments/Priority Funding               15,680               29,694               44,640               50,000               49,564               37,671 Capital Outlay             489,641             701,759               79,377             279,431               56,629               59,370             153,995             3,813,358             5,633,560                      ‐                     154                      ‐           18,152,880           18,154,720                      ‐                   4,600                     362             845,806          5,637,942          1,200,000                      ‐ FY2013 Purchase Order Rolls Grand Total                   1,840                      ‐             7,051,550             7,052,666           11,290,217           11,300,204                      ‐                      ‐           23,854,604           31,538,352                  421,974 194,725                              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 $  154,185,987 $  308,103,514 7
  12. 12. Exemptions & Waivers Thur January 31, 2014 Account FY 2012‐13 Year‐to‐Date   End of Year  Activity thru  Activity  01/31/2013 FY 2013‐14  Year‐to‐Date  Activity thru  01/31/2014  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          39,549,216           38,526,110           (4,877,897)           (1,985,247)           (6,863,144) $        40,063,501           (4,170,229)           (1,550,872)           (5,721,101) $        33,828,115            (4,166,647)            (1,733,869)            (5,900,516) $          32,625,594 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            4,734,712             4,942,737           (2,277,402)              (934,716)               (943,706) $          6,400,587 $          3,799,996 $           3,999,031 FY 2012‐13 FY 2013‐14 Exemptions & Waivers Dept of Corrections Dual Credit Waiver Year‐to‐Date   Year‐to‐Date   Actuals %  Activity thru  Inc/(Dec)YTD   End of Year  Activity thru  Activity  01/31/2013 01/31/2014  vs. PriorYTD  $          2,277,402 $             934,716 $              943,706 0.96%            4,877,897            4,170,229             4,166,647 ‐0.09% 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                  54,730                  25,475                  24,272            1,266,190                957,575                258,017                222,232                    2,418                    1,798                    1,686                    4,737                       319                       319                  10,443                  10,001                    2,301                    1,062                  15,857                  12,904                        ‐                        ‐                        ‐                      (162)                304,145                249,386                        ‐                        ‐                        ‐                        ‐                        ‐                        ‐                  14,275                  12,018                  14,050                        ‐            1,985,247            1,550,872 $          9,140,546 $          6,655,817 8                   55,132                   17,881             1,198,866                  165,196                     1,240                         ‐                         ‐                     5,487                   11,169                   14,790                        576                        183                  243,743                   11,450                     3,708                     2,119                     2,329                         ‐             1,733,869 $           6,844,222 0.73% ‐26.33% 25.20% ‐25.67% ‐31.03% ‐100.00% 0.00% ‐45.14% 951.69% 14.62% 0.00% ‐212.96% ‐2.26% 0.00% 0.00% 0.00% ‐80.62% 0.00% 11.80% 2.83%

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