`
Summary Operating Statements
For the Period
September 1, 2013 - May 31, 2014
For the Meeting of the Board of Trustees - ...
Memorandum Management Discussion & Analysis i
Fund Balances Fund Balance Statement 1
Operating Summary HCCS Unrestricted R...
Managements Discussion and Analysis
Thru May 31, 2014
Revenues




Expenditures




Total Salaries are $126,825,23...
Managements Discussion and Analysis
Thru May 31, 2014

 Budget Priorities funding allocated for the year are detailed be...
Unrestricted Restricted Auxiliary1
Loan &
Endowments Scholarship Agency Unexpended Plant7
Retire of Debt Invest in Plant P...
FY2013 Actuals FY2014 Budget
Year-to-Date
Actuals Thru May
31, 2014
Actuals as a
% of Budget Unrealized Budget
Year-to-Dat...
3101-3100
Main Leasing
3104 - Minority
Business
Development
Agency Misc. Auxiliary2
Foundation3
Marketing
Bookstore
Commis...
HOUSTON COMMUNITY COLLEGE SYSTEM
Auxiliary Budget By Fund
as of May 31, 2014
3207
Saigon Tech2
3208
Saudi Consulting
Servi...
HOUSTON COMMUNITY COLLEGE SYSTEM
Auxiliary Budget By Fund
as of May 31, 2014
3110
Student Vending
Commission
3111
Student ...
CURRENT &
LOAN FUNDS
1
PLANT & BOND
FUNDS
2
Total All Funds
ASSETS
Current Assets:
Cash & cash equivalents 130,926,582$ 26...
as of May 31, 2014
TM CENTRAL
NORTH
WEST
NORTH
EAST
SOUTH
WEST
SOUTH EAST COLEMAN
EXTENDED
LEARNING
SYSTEM Grand Total
Sal...
FY 2012-13 FY 2013-14
Budget:
Adjusted Budget FY 2013-14, Net 41,453,277$
Revenues Received:
Tuition 46,926,645 46,291,291...
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  1. 1. ` Summary Operating Statements For the Period September 1, 2013 - May 31, 2014 For the Meeting of the Board of Trustees - June 19, 2014 for Houston Community College System & Houston Community College Public Facility Corporation
  2. 2. Memorandum Management Discussion & Analysis i 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 Table of Contents For the Period September 1, 2013 - May 31, 2014 For the Meeting of the Board of Trustees Houston Community College System
  3. 3. Managements Discussion and Analysis Thru May 31, 2014 Revenues     Expenditures     Total Salaries are $126,825,237 year-to-date, 4% 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 $169,920,916. Contracted services year-to-date totaled $16,575,677, 10.4% 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 $26,691,552. i Athletic Field Project - In April 2012, the Board approved approximately $4.1M in Auxiliary funds for athletic fields. This amount has been set aside from the Auxiliary Fund Balance. Tuition & Fee-Extended Learning receipts totaled $6,090,932 year to date, 3.6% 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 $269,459,286 year-to-date. Total revenue received at fiscal year-end is expected to be $293,196,587; which is 2.3% above budget plan. Benefits costs totaled $13,837,703 year-to-date, 2.5% 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 $19,496,331. Total revenues and expenditures by expense type for the Operating Fund for 2013-2014 are reported on page one. Highlights of financial activities year-to-date are as follows: State Appropriations received year to date totaled $49,494,917, 1.9% 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 $110,727,935 year-to-date. The tax rate for FY 2014 remains the same as the prior year tax rate at $0.097173. However, the tax rate applied to operations decreased proportionally this year due to the increase in the tax rate related to debt service. Tax revenue generated by the applied tax rate is trending higher than budget plan by approximately 8% due to higher than anticipated increases in property valuations within the taxing district. We project that the total tax revenue for the fiscal year will be $112,151.493. Tuition and Fees net revenue year to date totaled $100,858,389 which is 1.5% lower than the same time last year. Fall 2013 enrollment decreased 1.2%; SCH -1.1%, and Spring 2014 enrollment is down 3.4%; SCH -1.9% to-date compared to last year. We are projecting tuition and fee revenue to be $102,409,606 at fiscal year-end; 3.7% below budget plan.
  4. 4. Managements Discussion and Analysis Thru May 31, 2014   Budget Priorities funding allocated for the year are detailed below through May 31, 2014. Budget Commitments/ Priority Funding Expense: Position Management New Funding Requests1 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 Total Budget Commitments/Priorities Instructional & Other Materials year-to date totaled $5,804,555, 27.4% above last fiscal year. IT upgrades and additional software contributed to the increase. Expenses in this area are expected to be $9,368,610 at year end. Total operating fund expenditures year-to-date total $216,487,856. We are projecting expenditures to be $302,937,280 at fiscal year end. Budget 2,374,415$ 5,535,476 1,300,000 125,000 2,500,000 ii - 1 Items requested during the budget planning process for new funding (i.e. Equipment, personnel, adjunct faculty funding, etc.) 527,000 1,320,000 1,000,000 49,500 14,731,391$
  5. 5. Unrestricted Restricted Auxiliary1 Loan & Endowments Scholarship Agency Unexpended Plant7 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 Revenue 2 269,459,286 23,910,417 13,935,053 - 93,571,652 10 2,994,822 34,058,797 2,050,009 4,084 439,984,130 Expenses Salaries 126,825,237 4,835,040 5,392,923 - 1,184,493 - 162,906 - - - 138,400,600 Employee Benefits 13,837,703 10,294,288 1,039,943 - - - 35,881 - - - 25,207,814 Supplies & General Exp 3,592,947 214,632 717,879 - - - 30,302 - - - 4,555,760 Travel 719,778 145,483 164,213 - - - - - - - 1,029,474 Marketing Costs 775,050 25,210 29,588 - - - 1,300 - - - 831,149 Rentals & Leases 1,880,266 84,385 47,040 - - - 2,361 - - - 2,014,051 Insurance/Risk Mgmt 6,462,004 5,500 3,854 - - - - - - - 6,471,358 Contracted Services 16,575,677 3,236,960 1,301,584 - - - 292,423 221,609 - - 21,628,254 Utilities 5,369,014 - 330,239 - - - - - - - 5,699,253 Other Departmental Expenses 3 1,876,763 58,677 3,927,917 - - - - - - - 5,863,358 Instructional and Other Materials4 & 5 5,804,555 197,355 193,934 - - - 186,897 - - - 6,382,742 Maintenance and Repair 997,793 432,500 10,668 - 251,135 - 150,266 - - - 1,842,362 Transfers In/Out 6 26,660,584 - 4,095,000 - (2,940,387) - 4,439,193 (32,254,390) - - (0) Debt 92,718 - - - - - 468,995 55,710,726 - 3,076,987 59,349,425 Capital Outlay 5,017,767 401,047 25,227 - - - 67,826,183 - - 152,607 73,422,832 Depreciation - - - - - - - - 14,330,199 - 14,330,199 Scholarship Distribution 95,498,087 95,498,087 Total Expenses 216,487,856 19,931,077 17,280,009 - 93,993,329 - 73,596,708 23,677,945 14,330,199 3,229,594 462,526,716 Net of Revenue/Expenses 52,971,430 3,979,340 (3,344,956) - (421,677) 10 (70,601,885) 10,380,852 (12,280,190) (3,225,510) (22,542,587) Fund Balance Entries (534,916) (148,343) 74,925,012 19,685,233 93,926,986 Debt Funded - Fund Balance as of 05/31/2014 141,889,316$ 12,701,875$ 5,681,240$ 509,932$ 135,597$ (59,601)$ 7,472,382$ 19,863,071$ 231,805,159$ (9,551,330)$ 410,447,639$ 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 $6.5M 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 $5,804,555 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 $179,217 in the Auxiliary category is attributed to NEO Café. 6 Items in this category include all student revenue bond payments, transfers for scholarship matching funds, and transfers to the Unexpended Plant Fund. 7 Items in this category are funded through Bonds. *HCC has adopted and adheres to GASB 34(1999) , GASB 54(2010) and OMB 134(1993). The college has received unqualified audit opinions since the adoption of each. Funds Operating Statement - Unaudited Fund Balances (Across all Funds) as of May 31, 2014 1
  6. 6. FY2013 Actuals FY2014 Budget Year-to-Date Actuals Thru May 31, 2014 Actuals as a % of Budget Unrealized Budget Year-to-Date Actuals Thru May 31, 2013 2013-2014 Inc/(Dec) vs. 2012- 2013 Actuals % Inc/(Dec)YTD vs. PriorYTD Projected Actuals @ 8/31/2014 Projected 2013- 2014 Inc/(Dec) vs. Budget Projected 2013-2014 Inc/(Dec) vs. Adj Budget % REVENUES State Appropriations 70,014,003$ 69,202,364$ 49,494,917$ 71.5% 19,707,447$ 50,459,091$ (964,174)$ -1.91% 69,202,364 - 0.00% Ad Valorem Taxes 106,097,476 101,478,107 110,727,935 109.1% (9,249,828) 103,556,327 7,171,608 6.93% 112,151,493 10,673,386 10.52% Tuition, Net 40,063,500 41,453,277 38,701,781 93.4% 2,751,496 39,639,661 (937,880) -2.37% 39,134,179 (2,319,098) -5.59% Fees1 63,996,717 64,922,582 62,156,607 95.7% 2,765,975 62,788,281 (631,674) -1.01% 63,275,428 (1,647,154) -2.54% Other Local Income2 2,184,999 2,543,140 1,803,852 70.9% 739,288 1,724,272 79,579 4.62% 2,247,796 (295,344) -11.61% Tuition & Fee, Net -- Extended Learning 6,400,587 6,565,665 6,090,932 92.8% 474,733 5,877,199 213,733 3.64% 6,565,665 0 0.00% Grant Revenue 517,655 434,410 483,261 111.2% (48,851) 379,224 104,037 27.43% 619,663 185,253 42.64% Total Revenues 289,274,937 286,599,545 269,459,286 94.0% 17,140,259 264,424,056 5,035,230 1.90% 293,196,587 6,597,042 2.30% Assigned Fund Balance Transfers In3 Assigned Fund Balance Transfers In3 - 14,731,391 - 0.0% 14,731,391 - - 0.00% 14,731,391 - 0.00% FY2013 Purchase Order Rolls - 6,772,578 - 0.0% 6,772,578 - - 0.00% 6,772,578 - 0.00% Total Assigned FB Transfers In - 21,503,969 - - 21,503,969 - - - 21,503,969 - - Total Revenues Plus Assigned FB Transfer In 289,274,937$ 308,103,514$ 269,459,286$ 87.5% 38,644,228$ 264,424,056$ 5,035,230$ 1.90% 314,700,556$ 6,597,042$ 2.14% EXPENSES Salaries 158,833,961 174,001,463 126,825,237 72.9% 47,176,226 121,932,790 4,892,447 4.01% 169,920,916 (4,080,547) -2.35% Employee Benefits 18,704,344 18,152,880 13,837,703 76.2% 4,315,177 13,499,589 338,114 2.50% 19,496,331 1,343,451 7.40% Supplies Gen Exp 5,216,679 6,220,338 3,592,947 57.8% 2,627,390 3,660,611 (67,664) -1.85% 5,737,537 (482,800) -7.76% Travel 883,137 1,271,172 719,778 56.6% 551,394 634,105 85,673 13.51% 1,125,991 (145,181) -11.42% Marketing Costs 1,350,751 1,286,782 775,050 60.2% 511,732 907,883 (132,832) -14.63% 1,286,782 - 0.00% Rental & Leases 2,234,487 2,997,527 1,880,266 62.7% 1,117,261 1,734,546 145,720 8.40% 2,997,527 - 0.00% Insurance/Risk Mgmt 6,521,682 7,052,698 6,462,004 91.6% 590,694 6,519,144 (57,140) -0.88% 7,052,698 - 0.00% Contract Services4 21,328,764 26,691,552 16,575,677 62.1% 10,115,875 15,014,072 1,561,605 10.40% 26,691,552 - 0.00% Utilities 8,414,469 11,369,205 5,369,014 47.2% 6,000,191 5,880,346 (511,332) -8.70% 10,271,465 (1,097,741) -9.66% Other Departmental Expenses5 1,799,321 2,509,576 1,876,763 74.8% 632,813 1,430,302 446,461 31.21% 2,509,576 - 0.00% Instructional & Other Materials 6,263,298 9,403,646 5,804,555 61.7% 3,599,091 4,558,092 1,246,463 27.35% 9,368,610 (35,036) -0.37% Maintenance & Repair 1,082,934 1,867,759 997,793 53.4% 869,966 453,380 544,413 120.08% 1,867,759 - 0.00% Transfers/Debt 33,095,470 30,747,366 26,753,301 87.0% 3,994,065 27,756,872 (1,003,571) -3.62% 30,747,366 - 0.00% Budget Commitments - 3,255,949 - 0.0% 3,255,949 - - 0.00% 2,817,462 (438,487) -13.47% Capital Outlay 4,451,702 11,275,602 5,017,767 44.5% 6,257,834 2,398,636 2,619,132 109.19% 11,045,708 (229,894) -2.04% Total Expenses 270,180,997$ 308,103,514$ 216,487,856$ 70.3% 91,615,658$ 206,380,368$ 10,107,488 4.90% 302,937,280 (5,166,234) -1.68% NET REVENUE Incr/(Decr) Vs EXPENSES 19,093,940$ 52,971,430$ 58,043,688$ (9,740,692)$ 11,763,277$ 1 Fees charged to student include: Out-of-District fees, Technology fees, lab fees, etc. 2 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. 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). HOUSTON COMMUNITY COLLEGE 2013-2014 Budget vs. Actuals as of May 31, 2014 HCCS CURRENT UNRESTRICTED 2
  7. 7. 3101-3100 Main Leasing 3104 - Minority Business Development Agency Misc. Auxiliary2 Foundation3 Marketing Bookstore Commission Total Auxiliary (3110) 3111 International Student Services4 3201 Cafe Club NEO 3100 Main Subtotal 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$ FY2013 Revenue 3,961,385 14,250 377,716 - - 1,938,886 2,316,602 - 381,788 6,674,025 Salaries 227,764 480,099 63,658 543,757 232,583 204,278 1,208,382 Benefits 61,166 116,940 12,582 129,522 55,064 51,162 296,914 Supplies Gen Exp 30,902 71,003 8,396 79,399 11,774 122,075 Travel 5,231 4,545 9,776 23,388 33,164 Marketing Costs 29,588 29,588 29,588 Rental & Leases 2,674 31,575 31,575 700 34,949 Contract Services 668,973 238,828 63,279 302,107 823 971,903 Utilities 328,188 - 2,051 330,239 Departmental Expenses 1,500 318,287 7,429 3,484,071 3,809,787 19,556 3,830,843 Instructional & Other Materials 600 14,118 14,118 179,217 193,934 Maintenance & Repair 3,062 508 508 7,087 10,658 Insurance/Risk Mgmt 28 28 130 158 Exemptions and Waivers 2,065 2,065 2,065 Transfer/Debt5 4,101,005 - 4,101,005 Capital Outlay 2,582 16,640 16,640 19,222 Total Expense 5,428,417 - 1,310,794 174,005 - 4,968,871 330,721 457,093 11,185,101 Contribution to Fund Balance (1,467,032) 14,250 (933,078) (174,005) (3,484,071) 1,938,886 (2,652,269) (330,721) (75,305) (4,511,075) 17,140,234$ 14,250$ (14,130,282)$ (1,632,038)$ (19,655,005)$ 22,767,483$ (12,649,842)$ (1,491,560)$ (1,511,231)$ 1,501,851$ 1 Restricted by limitations; must comply with laws, statutes and regulations. 2 Common Area - Expenditures in this category include mailroom, child day care, Minority Male Initiative, Govt. Relation, Mobile Go, etc. 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. $4.1M in auxiliary funds for athletic fields. HOUSTON COMMUNITY COLLEGE SYSTEM Auxiliary Budget By Fund as of May 31, 2014 Net Assigned Fund Balance as of 03/31/12 Assigned Fund Balance at August 31, 2013 3 Auxiliary Funds1 3110
  8. 8. HOUSTON COMMUNITY COLLEGE SYSTEM Auxiliary Budget By Fund as of May 31, 2014 3207 Saigon Tech2 3208 Saudi Consulting Services3 3209 Qatar 3210 International Initiatives Subtotal 257,633$ 155,804$ 880,316$ (92,954)$ 1,200,800$ FY2013 Revenue 23,333 - 5,192,032 - 5,215,365 Salaries 1,200 3,987,849 3,989,049 Benefits 711,157 711,157 Supplies Gen Exp 279 6,987 7,266 Travel 3,075 17,327 20,402 Marketing Costs - Rental & Leases - Contract Services 105,000 105,000 Utilities - Departmental Expenses 9,983 9,983 Instructional & Other Materials - Maintenance & Repair - Insurance/Risk Mgmt - Exemptions and Waivers - Transfer - Capital Outlay - Total Expense 4,554 - 4,838,303 - 4,842,857 Contribution to Fund Balance 18,779 - 353,729 - 372,507 276,412$ 155,804$ 1,234,045$ (92,954)$ 1,573,308$ 1 Restricted by limitations; must comply with laws, statutes and regulations. 2 Revenue is associated with Saigon Tech 3 Fund Balance is comprised of Settlements from NCAAA Contract & Education Experts Co. Assigned Fund Balance at August 31, 2013 Net Assigned Fund Balance as of 03/31/12 4 Auxiliary Funds1
  9. 9. HOUSTON COMMUNITY COLLEGE SYSTEM Auxiliary Budget By Fund as of May 31, 2014 3110 Student Vending Commission 3111 Student Activity Fee 3112 Student Athletic Fee Subtotal Grand Total Committed Fund Balance at 8/31/13 291,716$ 841,357$ 679,397$ 1,812,469$ 9,026,196$ FY2013 Revenue 122,087 1,077,370 864,016 2,063,473 13,952,863 Salaries 10,200 39,650 145,642 195,492 5,392,923 Benefits 373 31,498 31,871 1,039,943 Supplies Gen Exp 76,471 454,628 57,439 588,538 717,879 Travel 877 78,535 31,235 110,646 164,213 Marketing Costs - 29,588 Rental & Leases 12,090 12,090 47,040 Contract Services 2,616 96,953 125,111 224,680 1,301,584 Utilities - 330,239 Departmental Expenses 18,462 33,189 35,440 87,091 3,927,917 Instructional & Other Materials - 193,934 Maintenance & Repair 10 10 10,668 Insurance - Risk Mgmt 1,967 1,729 3,696 3,854 Exemptions and Waivers 15,434 312 15,746 17,811 Transfer - 4,101,005 Capital Outlay - 19,222 Total Expense 108,626 720,730 440,506 1,269,861 17,297,819 Contribution to Fund Balance 13,462 356,640 423,510 793,612 (3,344,956) 305,177$ 1,197,997$ 1,102,907$ 2,606,081$ 5,681,240$ 1 Funds are committed for services related to students 5 Student Auxiliary Funds - Committed1 Net Committed Fund Balance as of 03/31/12
  10. 10. CURRENT & LOAN FUNDS 1 PLANT & BOND FUNDS 2 Total All Funds ASSETS Current Assets: Cash & cash equivalents 130,926,582$ 26,909,373$ 157,835,956$ Restricted cash & cash equivalents 13,183,685 - 13,183,685 Short term Investments - - - Accounts/Other receivable (net) 19,547,088 1,742,556 21,289,644 Deferred charges 742,835 - 742,835 Prepaids 74,846 881,112 955,958 Total Current Assets 164,475,037 29,533,042 194,008,079 Non-current Assets: Restricted cash & cash equivalents - 380,333,320 380,333,320 Restricted long-term investments - 54,924,281 54,924,281 Long-term investments 8,227,224 - 8,227,224 Capital Assets, net - 832,717,635 832,717,635 Total Non-current Assets 8,227,224 1,267,975,237 1,276,202,461 Total Assets 172,702,261$ 1,297,508,278$ 1,470,210,539$ LIABILITIES Current Liabilities: Accounts payable 3,244,158 13,081 3,257,239 Accrued liabilities 700,859 24,649 725,508 Compensated absences 2,261,499 - 2,261,499 Funds held for others 790,893 189,209 980,102 Deferred revenue 4,846,496 300,071 5,146,567 Notes payable-current portion - - - Bonds payable-current portion - - - Capital lease obligations-current - - - Total Current Liabilities 11,843,904 527,010 12,370,915 Non-current Liabilities: Deposits - - - Notes payable - 169,521,888 169,521,888 Bonds payable - 766,123,043 766,123,043 Capital lease obligations - 102,195,726 102,195,726 Total Non-current Liabilities - 1,037,840,657 1,037,840,657 Total Liabilities 11,843,904$ 1,038,367,667$ 1,050,211,571$ Fund Balance- August 31, 2013 Audited 108,357,470 237,031,590 345,389,060 Revenues Over Expenditures Unrestricted 49,091,556 49,091,556 Restricted 3,409,330 3,409,330 Net Investment in Plant 22,109,023 22,109,023 Total Fund Balances, Unaudited 160,858,356$ 259,140,613$ 419,998,969$ Total Liabilities & Fund Balances 172,702,260$ 1,297,508,280$ 1,470,210,539$ 1 I ncludes Unrestricted, Restricted, Loan & Endowment, Scholarship, Agency and Auxiliary Funds. 2 Includes Unexpended Plant, Retirement of Debt and Investment in Plant Funds. Houston Community College Balance Sheet By Fund For Month Ended May 31, 2014 6
  11. 11. as of May 31, 2014 TM CENTRAL NORTH WEST NORTH EAST SOUTH WEST SOUTH EAST COLEMAN EXTENDED LEARNING SYSTEM Grand Total Salaries 23,994,401$ 24,768,980$ 18,981,027$ 26,685,858$ 15,383,043$ 11,220,665$ 10,513,874$ 42,453,615$ 174,001,463$ Employee Benefits - - - - - - - 18,152,880 18,152,880 Supplies & Gen 365,737 446,505 232,887 330,509 261,967 340,416 186,109 4,056,236 6,220,367 Travel 125,664 146,238 32,324 72,703 51,522 141,117 69,540 632,064 1,271,172 Marketing Costs 37,839 43,915 62,649 35,139 91,469 43,323 163,836 808,612 1,286,782 Rentals & Leases 7,477 143,330 967,164 534,591 80,752 469,051 26,373 770,843 2,999,581 Insurance/Risk Mgmt 906 406 50 462 - - - 7,050,874 7,052,698 Contracted Services 319,082 307,377 84,774 58,902 119,639 306,024 21,192 25,732,235 26,949,225 Utilities 5,025 68 4,600 1,590 - - - 11,357,922 11,369,205 Other Departmental Expenses 86,576 60,300 40,073 42,086 57,138 113,015 34,617 2,075,771 2,509,576 Instructional and Other Materials 481,425 250,953 152,409 248,964 173,417 394,440 483,297 8,453,544 10,638,448 Maintenance and Repair 190,543 49,741 37,862 58,457 42,072 90,776 116,953 1,281,355 1,867,759 Transfers/Debt - 860,561 5,637,942 1,200,000 - - - 23,048,863 30,747,366 Budget Commitments/Priority Funding 7,199 8,065 35,850 35,452 24,092 13,177 - 1,609,247 1,733,082 Capital Outlay 488,437 836,132 67,646 307,544 127,452 522,090 157,995 8,796,613 11,303,910 Grand Total 26,110,311$ 27,922,572$ 26,337,257$ 29,612,257$ 16,412,563$ 13,654,094$ 11,773,786$ 156,280,674$ 308,103,514$ HOUSTON COMMUNITY COLLEGE FY 2013-14 Adjusted Budget by Colleges 7
  12. 12. FY 2012-13 FY 2013-14 Budget: Adjusted Budget FY 2013-14, Net 41,453,277$ Revenues Received: Tuition 46,926,645 46,291,291 45,613,287 Waivers & Exemptions: Dual Credit (4,877,897) (4,726,200) (4,852,869) Other (1,985,247) (1,925,429) (2,058,637) Total Waivers & Exemptions (6,863,144) (6,651,629) (6,911,506) Total Tuition Revenue, Net 40,063,501$ 39,639,662$ 38,701,781$ Budget: Budget FY 2013-14, Net 6,565,665$ Revenues Received: Tuition 8,677,989 7,768,165 7,758,393 Waivers & Exemptions: Corrections (2,277,402) (1,890,966) (1,667,461) Total EL Tuition Revenue, Net 6,400,587$ 5,877,199$ 6,090,932$ FY 2012-13 FY 2013-14 Dept of Corrections 2,277,402$ 1,890,966$ 1,667,461$ -11.82% Dual Credit Waiver 4,877,897 4,726,200 4,852,869 2.68% Other: Employee Fee Exemptions 70,071 67,293 66,565 -1.08% Firemen 25,475 25,382 22,833 -10.04% Hazelwood 1,266,190 1,228,103 1,395,965 13.67% Deaf & Blind 258,017 255,379 202,261 -20.80% High Ranking Hi SCH Grad 2,418 2,418 1,240 -48.72% Child of Disabled Vet ETC 1,686 3,519 285 -91.90% Emp of State Coll & Univ 319 319 - 0.00% Nonres Teach/Research Asst 10,443 10,443 6,638 -36.44% Nonres Competitive Scholar 2,301 2,301 11,346 393.09% Senior Citizens 15,857 15,090 15,625 3.55% Misc Tuition/Fees Waivers - - 6,576 0.00% Scholarship Distribution - - 10,000 0.00% Apprenticeship Waivers - (38) - -100.00% Refugee Waiver - (162) 183 -212.96% Foster Children-Resident 304,145 300,257 296,404 -1.28% Undocumented Students - - 11,383 0.00% TX Tomorrow Waiver - - 2,558 0.00% Surviving Spouse/Children - - 2,120 0.00% Peace Officer Exemption 14,275 14,275 3,656 -74.39% Stipends 14,050 850 3,000 0.00% Total Other Exemptions 1,985,247 1,925,429 2,058,637 6.92% Grand Total Exemptions & Waivers 9,140,546$ 8,542,595$ 8,578,967$ 0.43% 8 Exemptions & Waivers Thur May 31, 2014 Account End of Year Activity Year-to-Date Activity thru 05/31/2013 Year-to-Date Activity thru 05/31/2014 Tuition Tuition - Extended Learning Exemptions & Waivers End of Year Activity Year-to-Date Activity thru 05/31/2013 Year-to-Date Activity thru 05/31/2014 Actuals % Inc/(Dec)YTD vs. PriorYTD

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