1. Summary Operating Statements
For the Period
September 1, 2013 ‐ June 30, 2014
For the Meeting of the Board of Trustees ‐
for
Houston Community College System
&
Houston Community College Public Facility Corporation

2. Table of Contents
For the Period September 1, 2013 ‐ June 30, 2014
For the Meeting of the Board of Trustees
Houston Community College System
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

3. Managements Discussion and Analysis
Thru June 30, 2014
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:
Revenues




Expenditures




State Appropriations received year to date totaled $56,064,066, 1.6% 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 $111,218,514 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 $102,082,814 which is 1.9% lower than the same time last year.
Fall 2013 enrollment decreased 1.2%; SCH ‐1.1%, Spring 2014 enrollment is down 3.4%; SCH ‐1.9% to‐date, and
Summer 2014 enrollment increased 3%, SCH +2.7% compared to last year. We are projecting tuition and fee
revenue to be $102,031,940 at fiscal year‐end; 4.1% below budget plan.
Tuition & Fee‐Extended Learning receipts totaled $6,447,381 year to date, 4% 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 $278,299,994 year‐to‐date. Total revenue received
at fiscal year‐end is expected to be $293,011,796; which is 2.2% above budget plan.
Total Salaries are $139,394,655 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 $167,974,157.
Benefits costs totaled $15,272,879 year‐to‐date, 12.2% 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
$20,622,346.
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.
Contracted services year‐to‐date totaled $18,225,778, 12.4% 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 $26,727,088.
i

4. Managements Discussion and Analysis
Thru June 30, 2014

Instructional & Other Materials year‐to date totaled $6,489,610, 32% above last fiscal year. IT upgrades and
additional software contributed to the increase. Expenses in this area are expected to be $9,276,263 at year end.
Total operating fund expenditures year‐to‐date total $237,103,341. We are projecting expenditures to be
$296,137,384 at fiscal year end.
 Budget Priorities funding allocated for the year are detailed below through June 30, 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
Budget
$ 2,374,415
5,535,476
1,300,000
527,000
1,320,000
1,000,000
‐
49,500
$ 1 4,731,391
1Items requested during the budget planning process for new funding (i.e. Equipment, personnel, adjunct faculty
funding, etc.)
ii
125,000
2,500,000

5. Operating Statement ‐ Unaudited Fund Balances (Across all Funds)
Unrestricted Restricted Auxiliary1
Funds
as of June 30, 2014
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
Revenue2 278,299,994 26,058,239 15,093,181 10 98,085,857 10 3,997,681 35,610,754 5,332,787 509,276 462,987,788
Expenses
Salaries 139,394,655 5,341,670 5,965,194 ‐ 1,339,709 ‐ 181,044 ‐ ‐ ‐ 152,222,272
Employee Benefits 15,272,879 11,332,542 1,140,280 ‐ ‐ ‐ 39,871 ‐ ‐ ‐ 27,785,572
Supplies & General Exp 4,025,347 252,824 7 88,951 ‐ ‐ ‐ 35,162 ‐ ‐ ‐ 5,102,284
Travel 816,135 169,526 1 87,481 ‐ ‐ ‐ ‐ ‐ ‐ ‐ 1,173,141
Marketing Costs 834,455 26,376 37,404 ‐ ‐ ‐ 1 ,300 ‐ ‐ ‐ 8 99,535
Rentals & Leases 2,030,881 87,531 51,811 ‐ ‐ ‐ 2 ,727 ‐ ‐ ‐ 2,172,951
Insurance/Risk Mgmt 6,450,392 5,500 4,526 ‐ ‐ ‐ ‐ ‐ ‐ ‐ 6,460,418
Contracted Services 18,225,778 3,489,369 1,490,992 ‐ ‐ ‐ 1,220,173 2 28,196 ‐ ‐ 24,654,507
Utilities 6,058,723 ‐ 3 70,788 ‐ ‐ ‐ ‐ ‐ ‐ ‐ 6,429,511
Other Departmental Expenses3 1,984,869 65,980 4,055,452 ‐ ‐ ‐ 150 ‐ ‐ ‐ 6,106,450
Instructional and Other Materials4 & 5 6,489,610 228,512 2 11,552 ‐ ‐ ‐ 187,347 ‐ ‐ ‐ 7,117,022
Maintenance and Repair 1,136,533 486,353 12,077 ‐ 263,685 ‐ 186,364 ‐ ‐ ‐ 2,085,012
Transfers In/Out6 28,930,384 ‐ 4,095,000 ‐ (2,940,387) ‐ 4,439,193 (32,254,390) ‐ ‐ 2,269,801
Debt 115,195 ‐ 6,005 ‐ ‐ ‐ 468,995 59,338,493 808,359 4,849,341 65,586,388
Capital Outlay 5,337,505 762,851 19,222 ‐ ‐ ‐ 71,624,898 ‐ ‐ 1 75,759 77,920,235
Depreciation ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 1 5,950,070 ‐ 15,950,070
Scholarship Distribution 99,870,091 99,870,091
Total Expenses 237,103,341 22,249,033 18,436,734 ‐ 98,533,098 ‐ 78,387,224 27,312,299 1 6,758,428 5,025,100 503,805,260
Net of Revenue/Expenses 41,196,653 3,809,206 (3,343,554) 10 ( 447,241) 10 (74,389,544) 8,298,454 (11,425,641) (4,515,825) (40,817,471)
Fund Balance Entries (534,916) ( 148,343) 78,366,553 2 0,273,072 97,956,366
Debt Funded ‐
Fund Balance as of 06/30/2014 $ 130,114,539 $ 1 2,531,740 $ 5,682,642 $ 509,942 $ 1 10,033 $ (59,601) $ 7,126,264 $ 17,780,674 $ 233,247,546 $ ( 10,841,645) $ 396,202,134
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 $6.7M 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 $6,489,610 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 $194,675 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. FY2013 Actuals FY2014 Budget
HOUSTON COMMUNITY COLLEGE
2013‐2014 Budget vs. Actuals
Year‐to‐Date Actuals
Thru June 30, 2014
Actuals as a
% of Budget Unrealized Budget
Year‐to‐Date
Actuals Thru June
30, 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 $ 56,064,066 81.0% $ 13,138,298 $ 56,977,395 $ (913,329) ‐1.60% 69,202,364 ‐ 0.00%
Ad Valorem Taxes 106,097,476 101,478,107 111,218,514 109.6% (9,740,407) 104,009,336 7,209,178 6.93% 112,151,493 10,673,386 10.52%
Tuition, Net 40,063,500 41,453,277 39,077,775 94.3% 2,375,502 40,115,093 (1,037,319) ‐2.59% 39,134,179 (2,319,098) ‐5.59%
Fees1 63,996,717 64,922,582 63,005,040 97.0% 1,917,542 63,976,173 (971,134) ‐1.52% 62,897,761 (2,024,821) ‐3.12%
Other Local Income2 2,184,999 2,543,140 1,965,384 77.3% 577,756 1,768,703 196,680 11.12% 2,433,781 (109,359) ‐4.30%
Tuition & Fee, Net
6,400,587 6,565,665 6,447,381 98.2% 118,284 6,197,595 249,785 4.03% 6,565,665 ‐ 0.00%
‐‐ Extended Learning
Grant Revenue 517,655 434,410 521,836 120.1% (87,426) 412,938 108,898 26.37% 626,553 192,143 44.23%
Total Revenues 289,274,937 286,599,545 278,299,994 97.1% 8,299,551 273,457,234 4,842,760 1.77% 293,011,796 6,412,251 2.24%
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 $ 2 89,274,937 $ 308,103,514 $ 278,299,994 90.3% $ 29,803,520 $ 2 73,457,234 $ 4,842,760 1.77% $ 314,515,765 $ 6,412,251 2.08%
EXPENSES
Salaries 158,833,961 173,894,376 139,394,655 80.2% 34,499,721 133,918,453 5,476,203 4.09% 167,974,157 (5,920,219) ‐3.40%
Employee Benefits 18,704,344 18,152,880 15,272,879 84.1% 2,880,001 13,608,436 1,664,442 12.23% 20,622,346 2,469,466 13.60%
Supplies Gen Exp 5,216,679 6,351,091 4,025,347 63.4% 2,325,744 4,175,860 (150,514) ‐3.60% 5,790,505 (560,586) ‐8.83%
Travel 883,137 1,264,987 816,135 64.5% 448,852 741,686 74,449 10.04% 1,023,811 (241,176) ‐19.07%
Marketing Costs 1,350,751 1,276,036 834,455 65.4% 441,581 1,072,923 (238,468) ‐22.23% 1,276,036 0 0.00%
Rental & Leases 2,234,487 2,962,795 2,030,881 68.5% 931,914 1,979,500 51,381 2.60% 2,383,475 (579,320) ‐19.55%
Insurance/Risk Mgmt 6,521,682 7,052,698 6,450,392 91.5% 602,306 6,519,389 (68,997) ‐1.06% 7,052,698 0 0.00%
Contract Services4 21,328,764 26,727,087 18,225,778 68.2% 8,501,309 16,212,068 2,013,710 12.42% 26,727,088 0 0.00%
Utilities 8,414,469 11,369,382 6,058,723 53.3% 5,310,659 6,560,053 (501,330) ‐7.64% 8,914,613 (2,454,769) ‐21.59%
Other Departmental Expenses5 1,799,321 2,516,580 1,984,869 78.9% 531,711 1,599,002 385,867 24.13% 2,516,580 0 0.00%
Instructional & Other Materials 6,263,298 10,506,140 6,489,610 61.8% 4,016,531 4,913,886 1,575,723 32.07% 9,276,263 (1,229,878) ‐11.71%
Maintenance & Repair 1,082,934 1,885,160 1,136,533 60.3% 748,627 593,636 542,896 91.45% 1,885,160 (0) 0.00%
Transfers/Debt 33,095,470 30,746,311 29,045,580 94.5% 1,700,731 27,792,371 1,253,209 4.51% 30,746,311 ‐ 0.00%
Budget Commitments ‐ 1,910,475 ‐ 0.0% 1,910,475 ‐ ‐ 0.00% ‐ (1,910,475) ‐100.00%
Capital Outlay 4,451,702 11,487,516 5,337,505 46.5% 6,150,010 2,549,736 2,787,769 109.34% 9,948,343 (1,539,173) ‐13.40%
Total Expenses $ 2 70,180,997 $ 308,103,514 $ 237,103,341 77.0% $ 71,000,173 $ 2 22,237,000 14,866,341 6.69% 296,137,384 (11,966,130) ‐3.88%
NET REVENUE Incr/(Decr) Vs EXPENSES $ 19,093,940 $ 41,196,653 $ 51,220,234 $ (3,125,588) $ 18,378,381
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).
as of June 30, 2014
HCCS CURRENT UNRESTRICTED
2

7. 3101‐3100
Main Leasing
3104 ‐ Minority
Business
Development
HOUSTON COMMUNITY COLLEGE SYSTEM
Auxiliary Budget By Fund
as of June 30, 2014
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
Assigned Fund Balance at
August 31, 2013
FY2014
Revenue 4 ,392,476 17,401 416,918 ‐ ‐ 1,938,886 2,355,804 (520) 430,315 7,195,476
Salaries 252,820 550,031 72,142 622,173 256,085 227,256 1,358,334
Benefits 66,990 128,583 14,291 142,874 60,482 56,824 327,170
Supplies Gen Exp 42,391 95,608 9,134 104,742 14,178 161,311
Travel 5,231 5,119 10,350 25,712 36,062
Marketing Costs 29,588 29,588 29,588
Rental & Leases 4,011 34,750 34,750 960 39,721
Contract Services 755,428 271,528 63,299 334,827 1,234 1,091,489
Utilities 368,736 ‐ 2,051 370,788
Departmental Expenses 1,500 325,376 8,349 3 ,593,144 3 ,926,869 19,556 3,947,925
Instructional & Other
600 16,278 16,278 194,675 211,552
Materials
Maintenance & Repair 3,854 508 508 7,704 12,067
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 5,599,918 ‐ 1,459,937 188,611 ‐ 5,241,692 361,965 504,883 11,708,458
Contribution to Fund Balance (1,207,441) 17,401 (1,043,019) (188,611) (3,593,144) 1,938,886 (2,885,889) (362,485) (74,567) (4,512,982)
$ 17,399,824 $ 17,401 $ ( 14,240,223) $ (1,646,643) $ (19,764,078) $ 22,767,483 $ (12,883,462) $ (1,523,324) $ (1,510,494) $ 1,499,945
Net Assigned Fund Balance
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.
3
Auxiliary Funds1
3110

8. HOUSTON COMMUNITY COLLEGE SYSTEM
Auxiliary Budget By Fund
as of June 30, 2014
3207
Saigon Tech2
3208
Saudi Consulting
Services3
Auxiliary Funds1
3209
Qatar
3210
International
Initiatives Subtotal
$ 257,633 $ 155,804 $ 880,316 $ (92,954) $ 1 ,200,800
Assigned Fund Balance at
August 31, 2013
FY2014
Revenue 23,333 ‐ 5,758,731 ‐ 5,782,064
Salaries 1,200 4 ,377,465 4 ,378,665
Benefits 777,343 777,343
Supplies Gen Exp 357 8,746 9,103
Travel 4,661 17,327 21,988
Marketing Costs ‐
Rental & Leases ‐
Contract Services 158,692 158,692
Utilities ‐
Departmental
Expenses
9,983 9,983
Instructional &
Other Materials
‐
Maintenance &
Repair
‐
Insurance/Risk ‐
Exemptions and
Waivers
‐
Transfer ‐
Capital Outlay ‐
Total Expense 6 ,218 ‐ 5,349,556 ‐ 5 ,355,774
Contribution to Fund Balance 17,115 ‐ 409,174 ‐ 426,289
$ 274,748 $ 155,804 $ 1,289,491 $ (92,954) $ 1 ,627,089
Net Assigned Fund Balance
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.
4

9. HOUSTON COMMUNITY COLLEGE SYSTEM
Auxiliary Budget By Fund
as of June 30, 2014
3110
Student Auxiliary Funds ‐ Committed1
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
FY2014
Revenue 169,207 1,090,475 881,044 2 ,140,727 15,118,266
Salaries 10,200 54,511 163,484 228,195 5,965,194
Benefits 422 35,346 35,767 1,140,280
Supplies Gen Exp 77,355 479,995 61,186 618,537 788,951
Travel 877 96,967 31,588 129,431 187,481
Marketing Costs 7,816 7,816 3 7,404
Rental & Leases 12,090 12,090 5 1,811
Contract Services 6,081 99,013 135,716 240,810 1,490,992
Utilities ‐ 370,788
Departmental
18,462 42,062 37,020 97,544 4,055,452
Expenses
Instructional &
Other Materials
‐ 211,552
Maintenance &
Repair
10 10 1 2,077
Insurance ‐ Risk
Mgmt
2,639 1,729 4,368 4,526
Exemptions and
Waivers
22,709 312 23,021 2 5,086
Transfer ‐ 4,101,005
Capital Outlay ‐ 1 9,222
Total Expense 112,975 798,316 486,296 1,397,588 18,461,820
Contribution to Fund Balance 56,232 292,159 394,748 743,139 (3,343,554)
$ 347,948 $ 1,133,516 $ 1,074,145 $ 2 ,555,608 $ 5 ,682,642
1 Funds are committed for services related to students
5
Net Committed Fund Balance

10. Houston Community College
Balance Sheet By Fund
For Month Ended June 30, 2014
CURRENT &
LOAN FUNDS1
PLANT & BOND
FUNDS2 Total All Funds
ASSETS
Current Assets:
Cash & cash equivalents $ 127,177,872 $ 25,475,961 $ 152,653,832
Restricted cash & cash equivalents 13,066,521 ‐ 13,066,521
Short term Investments ‐ ‐ ‐
Accounts/Other receivable (net) 20,446,813 1,822,718 22,269,531
Deferred charges 880,818 ‐ 880,818
Prepaids 74,857 881,112 955,969
Total Current Assets 161,646,881 28,179,791 189,826,671
Non‐current Assets:
Restricted cash & cash equivalents ‐ 376,558,878 376,558,878
Restricted long‐term investments ‐ 54,911,411 54,911,411
Long‐term investments 6,743,960 ‐ 6,743,960
Capital Assets, net ‐ 834,769,816 834,769,816
Total Non‐current Assets 6,743,960 1,266,240,105 1,272,984,065
Total Assets $ 168,390,841 $ 1,294,419,896 $ 1,462,810,736
LIABILITIES
Current Liabilities:
Accounts payable 3,444,155 49,426 3,493,581
Accrued liabilities 3,873,775 1,335,703 5,209,478
Compensated absences 2,261,499 ‐ 2,261,499
Funds held for others 691,570 189,209 880,780
Deferred revenue 9,230,548 621,743 9,852,292
Notes payable‐current portion ‐ 7,785,000 7,785,000
Bonds payable‐current portion ‐ 20,285,000 20,285,000
Capital lease obligations‐current ‐ ‐ ‐
Total Current Liabilities 19,501,547 30,266,082 49,767,629
Non‐current Liabilities:
Deposits ‐ ‐ ‐
Notes payable ‐ 161,141,737 161,141,737
Bonds payable ‐ 742,661,866 742,661,866
Capital lease obligations ‐ 102,195,726 102,195,726
Total Non‐current Liabilities ‐ 1,005,999,330 1,005,999,330
Total Liabilities $ 19,501,547 $ 1,036,265,411 $ 1,055,766,958
Fund Balance‐
August 31, 2013 Audited 108,357,470 237,031,590 345,389,060
Revenues Over Expenditures
Unrestricted 37,318,183 37,318,183
Restricted 3,213,641 3,213,641
Net Investment in Plant 21,122,895 21,122,895
Total Fund Balances, Unaudited $ 148,889,294 $ 258,154,485 $ 407,043,779
Total Liabilities & Fund Balances $ 168,390,841 $ 1,294,419,896 $ 1,462,810,736
1 In cludes Unrestricted, Restricted, Loan & Endowment, Scholarship, Agency and Auxiliary Funds.
2 Includes Unexpended Plant, Retirement of Debt and Investment in Plant Funds.
6

11. HOUSTON COMMUNITY COLLEGE
FY 2013‐14 Adjusted Budget by Colleges
as of June 30, 2014
TM CENTRAL
NORTH
WEST
NORTH
EAST
SOUTH
WEST
SOUTH EAST COLEMAN
EXTENDED
LEARNING
SYSTEM Grand Total
Salaries $ 23,979,356 $ 24,763,585 $ 18,942,545 $ 26,701,027 $ 15,343,580 $ 11,286,510 $ 10,515,908 $ 42,361,865 $ 173,894,376
Employee Benefits ‐ ‐ ‐ ‐ ‐ ‐ ‐ 18,152,880 18,152,880
Supplies & Gen 374,603 462,604 228,762 380,350 267,078 340,377 186,353 4,110,963 6,351,091
Travel 123,449 152,763 27,912 74,280 49,668 141,880 62,658 632,377 1,264,987
Marketing Costs 33,339 41,915 58,159 35,632 92,036 43,323 173,220 798,412 1,276,036
Rentals & Leases 7,477 142,001 966,964 522,849 81,052 469,051 24,165 749,236 2,962,795
Insurance/Risk Mgmt 906 406 50 462 ‐ ‐ ‐ 7,050,874 7,052,698
Contracted Services 327,059 302,121 85,134 57,662 122,439 306,425 20,792 25,505,455 26,727,087
Utilities 5,025 68 4,600 1,767 ‐ ‐ ‐ 11,357,922 11,369,382
Other Departmental Expenses 73,909 59,567 37,877 39,567 51,617 112,026 29,156 2,112,861 2,516,580
Instructional and Other Materials 483,662 242,247 155,067 240,333 165,004 390,707 486,105 8,343,016 10,506,140
Maintenance and Repair 187,440 46,787 36,262 53,835 47,248 84,643 116,953 1,311,992 1,885,160
Transfers/Debt ‐ 860,561 5,637,942 1,200,000 ‐ ‐ ‐ 23,047,808 30,746,311
Budget Commitments/Priority Funding 2 ,000 7 ,035 31,850 12,092 24,092 5,513 ‐ 1,827,893 1,910,475
Capital Outlay 488,437 835,496 66,962 307,544 128,770 522,090 158,061 8,980,155 11,487,516
Grand Total $ 26,086,662 $ 27,917,157 $ 26,280,086 $ 29,627,400 $ 16,372,584 $ 13,702,545 $ 11,773,371 $ 156,343,709 $ 308,103,514
7

12. Exemptions & Waivers
Thur June 30, 2014
FY 2012‐13 FY 2013‐14
Budget:
Adjusted Budget FY 2013‐14, Net $ 41,453,277
Revenues Received:
Tuition 46,926,645 46,899,669 46,079,985
Waivers & Exemptions:
Dual Credit (4,877,897) (4,816,909) (4,914,339)
Other (1,985,247) (1,967,666) (2,087,871)
Total Waivers & Exemptions (6,863,144) (6,784,575) (7,002,210)
Total Tuition Revenue, Net $ 40,063,501 $ 40,115,094 $ 39,077,775
Budget:
Budget FY 2013‐14, Net $ 6,565,665
Revenues Received:
Tuition 8,677,989 8,208,822 8,228,467
Waivers & Exemptions:
Corrections (2,277,402) (2,011,227) (1,781,086)
Total EL Tuition Revenue, Net $ 6,400,587 $ 6,197,595 $ 6,447,381
FY 2012‐13 FY 2013‐14
Year‐to‐Date
Activity thru
06/30/2014
Actuals %
Inc/(Dec)YTD
vs. PriorYTD
Dept of Corrections $ 2,277,402 $ 2,011,227 $ 1,781,086 ‐11.44%
Dual Credit Waiver 4,877,897 4,816,909 4,914,339 2.02%
Other:
Employee Fee Exemptions 70,071 69,434 68,509 ‐1.33%
Firemen 25,475 25,475 26,348 3.43%
Hazelwood 1,266,190 1,261,808 1,409,558 11.71%
Deaf & Blind 258,017 256,434 207,482 ‐19.09%
High Ranking Hi SCH Grad 2,418 2,418 1,240 ‐48.72%
Child of Disabled Vet ETC 1,686 1,686 285 ‐83.10%
Emp of State Coll & Univ 319 319 ‐ 0.00%
Nonres Teach/Research Asst 10,443 10,443 6,372 ‐38.98%
Nonres Competitive Scholar 2,301 2,301 11,346 393.09%
Senior Citizens 15,857 15,044 15,638 3.95%
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 304,145 307,381 301,619 ‐1.87%
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 3,655 ‐74.40%
Stipends 14,050 848 3,000 0.00%
Total Other Exemptions 1,985,247 1,967,666 2,087,871 6.11%
Grand Total Exemptions & Waivers $ 9,140,546 $ 8,795,802 $ 8,783,296 ‐0.14%
8
Account
End of Year
Activity
Year‐to‐Date
Activity thru
06/30/2013
Year‐to‐Date
Activity thru
06/30/2014
Tuition
Tuition ‐ Extended Learning
Exemptions & Waivers
End of Year
Activity
Year‐to‐Date
Activity thru
06/30/2013