This document provides a summary of Houston Community College's operating statements and fund balances for the period of September 1, 2013 through July 31, 2014. It discusses revenues, expenditures, budget priorities funding, and projected fiscal year end balances. Total revenues are projected to be slightly above budget while expenditures are projected to be within budget. Key revenue sources like state appropriations and property taxes are below budget projections but tuition/fees are higher than anticipated. Expenditures are higher than the prior year mainly due to salary increases, higher benefits costs, and increased spending on contracted services and instructional materials. The overall fund balance is projected to increase from the prior fiscal year.
This document provides financial summaries for Houston Community College System for the period of September 1, 2014 to December 31, 2014. It shows that as of December 30, 2014, the System had received $134.1 million in total unrestricted revenue which represents 45% of its budgeted annual revenue. Expenses totaled $93.7 million or 31% of the budgeted amount. The net revenue was $40.4 million, increasing the unrestricted fund balance by that amount. Tuition revenue was up 5% and enrollment for the upcoming spring semester was up 27% and 19% respectively. Salaries increased 5% due to raises while other expenses decreased due to changes in purchasing policies.
This document provides a summary of financial statements for Houston Community College System for the period of September 1, 2014 to October 31, 2014. It shows that total revenue received in the unrestricted fund is $64 million (21% of annual budget) and total expenses are $50.6 million (16.5% of annual budget), resulting in a net revenue of $13.4 million. Tuition and fee revenue for extended learning increased 52.9% due to enrollment increases and differential fees. Salaries increased 5% due to raises while other expenses decreased due to changes in purchase order policies.
The document provides a summary of operating statements for Houston Community College System and Houston Community College Public Facility Corporation for the period of September 1, 2013 to April 30, 2014. Some key highlights include:
- Total revenues were $254,998,462 year-to-date, with state appropriations totaling $42,925,768 and ad valorem tax collections totaling $110,021,187.
- Total expenditures year-to-date were $195,937,242, with salaries totaling $113,211,188 and contracted services totaling $14,702,425.
- Budget priorities funding allocated through April 30, 2014 included $2,374,415 for position management and $
The document provides financial information for Houston Community College System for the period of September 1, 2013 through May 31, 2014. It includes a discussion of revenues and expenditures, highlighting that total revenues are projected to be $293 million, which is 2.3% above budget, while expenditures are projected to be $303 million. Salaries are projected to be $170 million, which is 4% above the previous year. Contracted services are projected to be $27 million, which is 10.4% above the previous year.
This document provides a summary of operating statements for Houston Community College System and Houston Community College Public Facility Corporation for the period of September 1, 2013 through March 31, 2014. It includes a discussion of revenues and expenditures by type, highlighting that state appropriations were lower than the previous year while property tax collections exceeded budget projections. Total revenues are projected to be slightly above budget while expenditures are expected to exceed budget due to increases in salaries, benefits, and contracted services. The document also provides details on transfers between funds and budget priorities funding allocated through March 31, 2014.
This document provides an unaudited summary of operating statements for Houston Community College System and Public Facility Corporation for the period of September 1, 2013 through August 31, 2014. Total revenues were $293.8 million, 1.6% above the previous year. State appropriations were lower than last year but ad valorem tax collections were higher than budgeted. Total expenses were $281.7 million, 4.3% above last year primarily due to increases in salaries, contracted services, instructional materials and capital outlay. The overall fund balance increased from $339.1 million to $359.8 million.
For the period of September 1, 2013 through January 31, 2014:
- Total revenues were $177 million, with state appropriations of $29.8 million (3.6% below last year) and property tax collections of $57.2 million. Expenditures totaled $114.6 million.
- Salaries were $69.8 million year-to-date, a 3.8% increase over last year. Contracted services increased 17.4% to $8.8 million due to increases in facilities maintenance.
- The board allocated $14.7 million for budget priorities including faculty positions, student retention programs, and security upgrades.
This document provides a summary of financial statements for Houston Community College System for the period of September 1, 2014 through November 30, 2014. As of November 30, 2014, the unrestricted fund had total revenue of $87.9 million (29.4% of annual budget) and total expenses of $72.8 million (23.7% of annual budget), resulting in a net revenue of $15 million and a $15 million increase in the fund balance. Tuition and fee revenue from extended learning increased 41.7% due to increased enrollment and differential fees for international students. Salaries increased 5% due to a 2% salary increase for full-time employees and higher part-time faculty pay rates. Expenses
This document provides financial summaries for Houston Community College System for the period of September 1, 2014 to December 31, 2014. It shows that as of December 30, 2014, the System had received $134.1 million in total unrestricted revenue which represents 45% of its budgeted annual revenue. Expenses totaled $93.7 million or 31% of the budgeted amount. The net revenue was $40.4 million, increasing the unrestricted fund balance by that amount. Tuition revenue was up 5% and enrollment for the upcoming spring semester was up 27% and 19% respectively. Salaries increased 5% due to raises while other expenses decreased due to changes in purchasing policies.
This document provides a summary of financial statements for Houston Community College System for the period of September 1, 2014 to October 31, 2014. It shows that total revenue received in the unrestricted fund is $64 million (21% of annual budget) and total expenses are $50.6 million (16.5% of annual budget), resulting in a net revenue of $13.4 million. Tuition and fee revenue for extended learning increased 52.9% due to enrollment increases and differential fees. Salaries increased 5% due to raises while other expenses decreased due to changes in purchase order policies.
The document provides a summary of operating statements for Houston Community College System and Houston Community College Public Facility Corporation for the period of September 1, 2013 to April 30, 2014. Some key highlights include:
- Total revenues were $254,998,462 year-to-date, with state appropriations totaling $42,925,768 and ad valorem tax collections totaling $110,021,187.
- Total expenditures year-to-date were $195,937,242, with salaries totaling $113,211,188 and contracted services totaling $14,702,425.
- Budget priorities funding allocated through April 30, 2014 included $2,374,415 for position management and $
The document provides financial information for Houston Community College System for the period of September 1, 2013 through May 31, 2014. It includes a discussion of revenues and expenditures, highlighting that total revenues are projected to be $293 million, which is 2.3% above budget, while expenditures are projected to be $303 million. Salaries are projected to be $170 million, which is 4% above the previous year. Contracted services are projected to be $27 million, which is 10.4% above the previous year.
This document provides a summary of operating statements for Houston Community College System and Houston Community College Public Facility Corporation for the period of September 1, 2013 through March 31, 2014. It includes a discussion of revenues and expenditures by type, highlighting that state appropriations were lower than the previous year while property tax collections exceeded budget projections. Total revenues are projected to be slightly above budget while expenditures are expected to exceed budget due to increases in salaries, benefits, and contracted services. The document also provides details on transfers between funds and budget priorities funding allocated through March 31, 2014.
This document provides an unaudited summary of operating statements for Houston Community College System and Public Facility Corporation for the period of September 1, 2013 through August 31, 2014. Total revenues were $293.8 million, 1.6% above the previous year. State appropriations were lower than last year but ad valorem tax collections were higher than budgeted. Total expenses were $281.7 million, 4.3% above last year primarily due to increases in salaries, contracted services, instructional materials and capital outlay. The overall fund balance increased from $339.1 million to $359.8 million.
For the period of September 1, 2013 through January 31, 2014:
- Total revenues were $177 million, with state appropriations of $29.8 million (3.6% below last year) and property tax collections of $57.2 million. Expenditures totaled $114.6 million.
- Salaries were $69.8 million year-to-date, a 3.8% increase over last year. Contracted services increased 17.4% to $8.8 million due to increases in facilities maintenance.
- The board allocated $14.7 million for budget priorities including faculty positions, student retention programs, and security upgrades.
This document provides a summary of financial statements for Houston Community College System for the period of September 1, 2014 through November 30, 2014. As of November 30, 2014, the unrestricted fund had total revenue of $87.9 million (29.4% of annual budget) and total expenses of $72.8 million (23.7% of annual budget), resulting in a net revenue of $15 million and a $15 million increase in the fund balance. Tuition and fee revenue from extended learning increased 41.7% due to increased enrollment and differential fees for international students. Salaries increased 5% due to a 2% salary increase for full-time employees and higher part-time faculty pay rates. Expenses
This document provides a summary of financial information for Houston Community College System (HCCS) for the period of September 1-30, 2014. It includes fund balances, revenues, expenses, budgets, and auxiliary fund information. The key details are:
- The total fund balance for HCCS as of September 30, 2014 was $384,068,312, an increase of $33,541,591 from the beginning of the period.
- Total revenues for the period were $54,698,530, while total expenses were $26,131,153, resulting in net revenue of $28,567,377.
- The auxiliary funds saw total revenues of $1,758,504 and total
The document provides a summary of operating statements for Houston Community College System for the period of September 1, 2013 through June 30, 2014. Total revenues were $278 million year-to-date, with state appropriations of $56 million and ad valorem taxes of $111 million making up the largest sources of funding. Total expenses were $237 million year-to-date, with the largest expenses being salaries of $139 million and benefits of $15 million. The budget priorities for the year included $14.7 million for items like new faculty positions and security upgrades.
This document provides a summary of financial statements for Houston Community College System and Houston Community College Public Facility Corporation for the period of September 1, 2015 to March 31, 2016.
The unrestricted fund had total revenue of $266.3 million (82% of budget) and total expenses of $170.1 million (52.4% of budget), resulting in a net revenue of $96.1 million and a corresponding increase in fund balance. Salaries increased 6% due to a compensation study and 2% salary increase. Expenses in transfers and debt increased $8.1 million due to bond redemption. Revenue and expenses are expected to be within budget by year end.
This document provides a summary of financial statements for Houston Community College System for the period of September 1, 2014 to March 31, 2015. It shows that as of March 31, 2015, total revenue received was $254.9 million, representing 85.4% of the annual budgeted revenue. Total expenses were $154.7 million, representing 50.4% of the annual budgeted expenses. The net revenue for the period was $100.3 million, increasing the fund balance by that amount. Tuition and fee revenue increased 3% year-to-date compared to the prior year. Salaries increased 4.6% due to salary increases for employees. Certain expense categories decreased due to greater oversight of expenditures.
This document provides a summary of financial statements for Houston Community College System for the period of September 1, 2014 through May 31, 2015. As of May 31, 2015, the system had received total unrestricted revenue of $285.5 million, which represents 95.7% of its budgeted annual revenue of $298.7 million. Total expenses so far are $217.8 million, which is 71% of the budgeted expenses of $306.7 million. Tuition and fee revenue increased by 1.6% year-to-date due to enrollment increases. Salaries increased by 4.3% due to cost of living increases. Expenses related to supplies and materials decreased due to greater oversight of expenditures.
This document provides financial statements and summaries for Houston Community College System for the period of September 1, 2014 to February 28, 2015. As of February 28, 2015, the unrestricted fund had total revenue of $244.7 million (81.9% of budget) and total expenses of $132.7 million (43.3% of budget), resulting in a net revenue of $112 million and a $112 million increase in the unrestricted fund balance. Tuition and fee revenue increased 5% year-to-date compared to the prior year, while salaries increased 4% and certain expense categories decreased.
This document provides financial statements and summaries for Houston Community College System for the period of September 1, 2014 through July 31, 2015. It summarizes that total revenue received is $303.2 million, which is 101.5% of the budgeted amount, while total expenses are $261.7 million, which is 85.3% of the budgeted amount. The net revenue is $41.5 million, increasing the fund balance by that amount. Tuition and fee revenue increased by 2.7% year-to-date compared to last year, while salaries increased 4% and certain expenses decreased due to greater oversight of spending.
This document provides financial summaries for Houston Community College System for the period of September 1, 2015 through December 31, 2015. It shows that as of December 31, 2015, total unrestricted revenue was $124.1 million which was 38.2% of the annual budgeted revenue. Total expenses were $104.6 million or 32.2% of the annual budget. Compared to the same period last year, revenue decreased 7.5% while expenses increased 11.6%. Property tax revenue decreased $11 million due to delays in collections from large mortgage companies. Salaries expenses increased 4.7% due to compensation adjustments and a 2% salary increase for full-time employees. Expenses for transfers and debt increased due to
This document provides a summary of financial statements for Houston Community College System for the period of September 1, 2014 to January 31, 2015. As of January 31, 2015, total revenue received was $193.7 million, which represents 63.2% of the annual budgeted revenue. Total expenses were $112.2 million, which is 36.6% of the annual budgeted expenses. Compared to the same time period last year, revenue increased by 9.4% while expenses decreased by 2.1%. Tuition and fee revenue increased by 5% due to enrollment increases. Salaries increased by 5% due to annual salary increases for employees. Certain expense categories decreased due to greater oversight of expenditures.
This 3 paragraph summary provides an overview of the financial statements for Houston Community College System for the period of September 1, 2014 to April 30, 2015:
Total unrestricted revenue is $270.3 million (90.5% of budget) while expenses total $198.2 million (64.6% of budget), resulting in a net revenue of $72.2 million. Tuition and fee revenue increased slightly while salaries increased 4.4% due to raises. Expenses decreased in some categories like supplies and materials due to greater oversight of spending. The balance sheet shows a total fund balance of $489.5 million as of April 30, 2015, up from $373.9 million the previous year.
The document provides financial statements and summaries for Houston Community College System for the period of September 1, 2015 to October 31, 2015. As of October 31, 2015, total revenue received was $64.2 million, which represents 19.8% of the annual budgeted revenue of $324.6 million. Total expenses were $60 million, or 18.5% of the annual budgeted expenses. Compared to the same period last year, revenue increased by 0.4% while expenses increased by 18.5%. The fund balance increased by $4.2 million. Salaries increased 6.3% mainly due to compensation adjustments and a 2% salary increase for full-time employees. Expenses for transfers and debt increased
This document provides a summary of financial statements for Houston Community College System for the period of September 1, 2014 through June 30, 2015. As of June 30, 2015, the unrestricted fund had total revenue of $295.4 million, which represents 99% of the annual budgeted revenue. Expenses totaled $238.7 million, which is 78% of the annual budgeted expenses. Revenue increased 6% compared to the prior year while expenses increased 1%. The document also provides details on fund balances, revenue and expenditures by division, balance sheets by fund, and exemptions/waivers.
This document provides a summary of Houston Community College's financial statements for the period of September 1, 2015 through November 30, 2015. It shows that as of November 30, 2015 the college had total revenue of $87.2 million, which represents 26.9% of its annual budgeted revenue of $324.6 million. Expenses for the period totaled $82.6 million, or 25.4% of the annual budgeted expenses of $324.6 million. The unrestricted fund balance increased by $4.6 million for the period.
This document provides a summary of financial statements for Houston Community College System for the period of September 1, 2014 to August 31, 2015. It shows that as of August 31, 2015, total unrestricted revenue was $310.8 million, which was 104% of the budgeted amount. Total unrestricted expenses were $288.5 million, which was 94.1% of budget. The net revenue was $22.3 million, increasing the unrestricted fund balance by that amount. Tuition and fee revenue increased by 2.4% year-to-date due to enrollment increases. Salaries increased 4.1% due to across the board pay raises. Expenses decreased in some categories due to greater oversight of spending
This document provides financial statements and summaries for Houston Community College System for the period of September 1, 2015 to September 30, 2015. It includes summaries of the fund balances, revenues and expenditures for the unrestricted fund. As of September 30, 2015, the total revenue received was $54.8 million (16.9% of the annual budgeted revenue) while total expenses were $26.3 million (8.1% of the annual budgeted expenses). Revenues saw a 0.2% increase from the prior year while expenses increased 0.8%. Salaries increased 8.1% mainly due to a compensation study and 2% salary increase for full-time employees. Revenue and expenses are expected to be within budget
This document provides financial statements and summaries for Houston Community College System and Public Facility Corporation for September 1, 2015 to February 29, 2016. It shows that as of February 29, 2016, the total revenue received was $253.4 million, which is 78.1% of the annual budgeted revenue. Total expenses were $146.8 million, which is 45.2% of the annual budgeted expenses. Compared to the same time last year, revenue increased by 3.6% and expenses increased by 10.6%. The net revenue as of February 29, 2016 was $106.7 million.
The document provides financial statements for Houston Community College System for the period of September 1, 2015 to January 31, 2016. It summarizes that as of January 31, 2016, the System had total revenues of $198 million (61% of annual budget) and expenses of $123.3 million (38% of annual budget). Compared to the same time last year, revenues increased 2.2% while expenses increased 9.9%. The document also provides details on fund balances, revenues and expenses by category, adjusted budgets by divisions, and balance sheets by fund.
This document provides financial statements and summaries for Houston Community College System for the period of September 1, 2016 to September 30, 2016. It shows that as of September 30, 2016 the system had total revenue of $53.3 million which was 15.8% of its annual budgeted revenue. Expenses totaled $24.2 million or 7.2% of the annual budget. Compared to the same period last year, revenue was down 4.3% while expenses were lower by 8%. The system had a net revenue of $29.1 million for the period.
This document provides a summary of financial statements for Houston Community College System and Houston Community College Public Facility Corporation for the period of September 1, 2015 through June 30, 2016. As of June 30, 2016, total unrestricted revenue was $304.2 million, representing 94% of the annual budgeted revenue. Total expenses were $262.5 million, representing 81% of the annual budgeted expenses. The document also provides details on fund balances, revenues and expenses by division, and balance sheets for each fund.
This document provides a summary of financial statements for Houston Community College System and Houston Community College Public Facility Corporation for the period of September 1, 2016 through November 30, 2016. It includes information on fund balances, revenues, expenses, and budgets. Some key details are:
- Total unrestricted revenue is $86.3 million (25.5% of annual budget) while expenses are $72.3 million (21.4% of annual budget)
- Compared to the same period last year, revenue is down 1% while expenses are down 12.4%
- Salaries increased 5% due to a compensation study and 2% salary increase for full-time employees
- Expenses for transfers and debt decreased
This document provides a summary of operating statements for Houston Community College System and Houston Community College Public Facility Corporation for the period of September 1, 2013 through April 30, 2014. It includes a discussion of revenues, expenditures, fund balances, budgets, and other financial details. Some key highlights include:
- State appropriations were down slightly due to reduced one-time funding from the previous biennium. Total appropriations are expected to be $69.2 million.
- Property tax collections were higher than budgeted due to increased property valuations. Total tax revenue is projected to be $112.2 million.
- Tuition and fees revenue was lower than the prior year due to enrollment declines. Revenue is expected to
The document provides a summary of operating statements for Houston Community College System for the period of September 1, 2013 through June 30, 2014. Total revenues were $278 million year-to-date, with state appropriations of $56 million and ad valorem taxes of $111 million making up the largest sources of funding. Total expenses were $237 million year-to-date, with the largest expenses being salaries of $139 million and benefits of $15 million. The budget priorities for the year included $14.7 million for items like new faculty positions and security upgrades.
This document provides a summary of financial information for Houston Community College System (HCCS) for the period of September 1-30, 2014. It includes fund balances, revenues, expenses, budgets, and auxiliary fund information. The key details are:
- The total fund balance for HCCS as of September 30, 2014 was $384,068,312, an increase of $33,541,591 from the beginning of the period.
- Total revenues for the period were $54,698,530, while total expenses were $26,131,153, resulting in net revenue of $28,567,377.
- The auxiliary funds saw total revenues of $1,758,504 and total
The document provides a summary of operating statements for Houston Community College System for the period of September 1, 2013 through June 30, 2014. Total revenues were $278 million year-to-date, with state appropriations of $56 million and ad valorem taxes of $111 million making up the largest sources of funding. Total expenses were $237 million year-to-date, with the largest expenses being salaries of $139 million and benefits of $15 million. The budget priorities for the year included $14.7 million for items like new faculty positions and security upgrades.
This document provides a summary of financial statements for Houston Community College System and Houston Community College Public Facility Corporation for the period of September 1, 2015 to March 31, 2016.
The unrestricted fund had total revenue of $266.3 million (82% of budget) and total expenses of $170.1 million (52.4% of budget), resulting in a net revenue of $96.1 million and a corresponding increase in fund balance. Salaries increased 6% due to a compensation study and 2% salary increase. Expenses in transfers and debt increased $8.1 million due to bond redemption. Revenue and expenses are expected to be within budget by year end.
This document provides a summary of financial statements for Houston Community College System for the period of September 1, 2014 to March 31, 2015. It shows that as of March 31, 2015, total revenue received was $254.9 million, representing 85.4% of the annual budgeted revenue. Total expenses were $154.7 million, representing 50.4% of the annual budgeted expenses. The net revenue for the period was $100.3 million, increasing the fund balance by that amount. Tuition and fee revenue increased 3% year-to-date compared to the prior year. Salaries increased 4.6% due to salary increases for employees. Certain expense categories decreased due to greater oversight of expenditures.
This document provides a summary of financial statements for Houston Community College System for the period of September 1, 2014 through May 31, 2015. As of May 31, 2015, the system had received total unrestricted revenue of $285.5 million, which represents 95.7% of its budgeted annual revenue of $298.7 million. Total expenses so far are $217.8 million, which is 71% of the budgeted expenses of $306.7 million. Tuition and fee revenue increased by 1.6% year-to-date due to enrollment increases. Salaries increased by 4.3% due to cost of living increases. Expenses related to supplies and materials decreased due to greater oversight of expenditures.
This document provides financial statements and summaries for Houston Community College System for the period of September 1, 2014 to February 28, 2015. As of February 28, 2015, the unrestricted fund had total revenue of $244.7 million (81.9% of budget) and total expenses of $132.7 million (43.3% of budget), resulting in a net revenue of $112 million and a $112 million increase in the unrestricted fund balance. Tuition and fee revenue increased 5% year-to-date compared to the prior year, while salaries increased 4% and certain expense categories decreased.
This document provides financial statements and summaries for Houston Community College System for the period of September 1, 2014 through July 31, 2015. It summarizes that total revenue received is $303.2 million, which is 101.5% of the budgeted amount, while total expenses are $261.7 million, which is 85.3% of the budgeted amount. The net revenue is $41.5 million, increasing the fund balance by that amount. Tuition and fee revenue increased by 2.7% year-to-date compared to last year, while salaries increased 4% and certain expenses decreased due to greater oversight of spending.
This document provides financial summaries for Houston Community College System for the period of September 1, 2015 through December 31, 2015. It shows that as of December 31, 2015, total unrestricted revenue was $124.1 million which was 38.2% of the annual budgeted revenue. Total expenses were $104.6 million or 32.2% of the annual budget. Compared to the same period last year, revenue decreased 7.5% while expenses increased 11.6%. Property tax revenue decreased $11 million due to delays in collections from large mortgage companies. Salaries expenses increased 4.7% due to compensation adjustments and a 2% salary increase for full-time employees. Expenses for transfers and debt increased due to
This document provides a summary of financial statements for Houston Community College System for the period of September 1, 2014 to January 31, 2015. As of January 31, 2015, total revenue received was $193.7 million, which represents 63.2% of the annual budgeted revenue. Total expenses were $112.2 million, which is 36.6% of the annual budgeted expenses. Compared to the same time period last year, revenue increased by 9.4% while expenses decreased by 2.1%. Tuition and fee revenue increased by 5% due to enrollment increases. Salaries increased by 5% due to annual salary increases for employees. Certain expense categories decreased due to greater oversight of expenditures.
This 3 paragraph summary provides an overview of the financial statements for Houston Community College System for the period of September 1, 2014 to April 30, 2015:
Total unrestricted revenue is $270.3 million (90.5% of budget) while expenses total $198.2 million (64.6% of budget), resulting in a net revenue of $72.2 million. Tuition and fee revenue increased slightly while salaries increased 4.4% due to raises. Expenses decreased in some categories like supplies and materials due to greater oversight of spending. The balance sheet shows a total fund balance of $489.5 million as of April 30, 2015, up from $373.9 million the previous year.
The document provides financial statements and summaries for Houston Community College System for the period of September 1, 2015 to October 31, 2015. As of October 31, 2015, total revenue received was $64.2 million, which represents 19.8% of the annual budgeted revenue of $324.6 million. Total expenses were $60 million, or 18.5% of the annual budgeted expenses. Compared to the same period last year, revenue increased by 0.4% while expenses increased by 18.5%. The fund balance increased by $4.2 million. Salaries increased 6.3% mainly due to compensation adjustments and a 2% salary increase for full-time employees. Expenses for transfers and debt increased
This document provides a summary of financial statements for Houston Community College System for the period of September 1, 2014 through June 30, 2015. As of June 30, 2015, the unrestricted fund had total revenue of $295.4 million, which represents 99% of the annual budgeted revenue. Expenses totaled $238.7 million, which is 78% of the annual budgeted expenses. Revenue increased 6% compared to the prior year while expenses increased 1%. The document also provides details on fund balances, revenue and expenditures by division, balance sheets by fund, and exemptions/waivers.
This document provides a summary of Houston Community College's financial statements for the period of September 1, 2015 through November 30, 2015. It shows that as of November 30, 2015 the college had total revenue of $87.2 million, which represents 26.9% of its annual budgeted revenue of $324.6 million. Expenses for the period totaled $82.6 million, or 25.4% of the annual budgeted expenses of $324.6 million. The unrestricted fund balance increased by $4.6 million for the period.
This document provides a summary of financial statements for Houston Community College System for the period of September 1, 2014 to August 31, 2015. It shows that as of August 31, 2015, total unrestricted revenue was $310.8 million, which was 104% of the budgeted amount. Total unrestricted expenses were $288.5 million, which was 94.1% of budget. The net revenue was $22.3 million, increasing the unrestricted fund balance by that amount. Tuition and fee revenue increased by 2.4% year-to-date due to enrollment increases. Salaries increased 4.1% due to across the board pay raises. Expenses decreased in some categories due to greater oversight of spending
This document provides financial statements and summaries for Houston Community College System for the period of September 1, 2015 to September 30, 2015. It includes summaries of the fund balances, revenues and expenditures for the unrestricted fund. As of September 30, 2015, the total revenue received was $54.8 million (16.9% of the annual budgeted revenue) while total expenses were $26.3 million (8.1% of the annual budgeted expenses). Revenues saw a 0.2% increase from the prior year while expenses increased 0.8%. Salaries increased 8.1% mainly due to a compensation study and 2% salary increase for full-time employees. Revenue and expenses are expected to be within budget
This document provides financial statements and summaries for Houston Community College System and Public Facility Corporation for September 1, 2015 to February 29, 2016. It shows that as of February 29, 2016, the total revenue received was $253.4 million, which is 78.1% of the annual budgeted revenue. Total expenses were $146.8 million, which is 45.2% of the annual budgeted expenses. Compared to the same time last year, revenue increased by 3.6% and expenses increased by 10.6%. The net revenue as of February 29, 2016 was $106.7 million.
The document provides financial statements for Houston Community College System for the period of September 1, 2015 to January 31, 2016. It summarizes that as of January 31, 2016, the System had total revenues of $198 million (61% of annual budget) and expenses of $123.3 million (38% of annual budget). Compared to the same time last year, revenues increased 2.2% while expenses increased 9.9%. The document also provides details on fund balances, revenues and expenses by category, adjusted budgets by divisions, and balance sheets by fund.
This document provides financial statements and summaries for Houston Community College System for the period of September 1, 2016 to September 30, 2016. It shows that as of September 30, 2016 the system had total revenue of $53.3 million which was 15.8% of its annual budgeted revenue. Expenses totaled $24.2 million or 7.2% of the annual budget. Compared to the same period last year, revenue was down 4.3% while expenses were lower by 8%. The system had a net revenue of $29.1 million for the period.
This document provides a summary of financial statements for Houston Community College System and Houston Community College Public Facility Corporation for the period of September 1, 2015 through June 30, 2016. As of June 30, 2016, total unrestricted revenue was $304.2 million, representing 94% of the annual budgeted revenue. Total expenses were $262.5 million, representing 81% of the annual budgeted expenses. The document also provides details on fund balances, revenues and expenses by division, and balance sheets for each fund.
This document provides a summary of financial statements for Houston Community College System and Houston Community College Public Facility Corporation for the period of September 1, 2016 through November 30, 2016. It includes information on fund balances, revenues, expenses, and budgets. Some key details are:
- Total unrestricted revenue is $86.3 million (25.5% of annual budget) while expenses are $72.3 million (21.4% of annual budget)
- Compared to the same period last year, revenue is down 1% while expenses are down 12.4%
- Salaries increased 5% due to a compensation study and 2% salary increase for full-time employees
- Expenses for transfers and debt decreased
This document provides a summary of operating statements for Houston Community College System and Houston Community College Public Facility Corporation for the period of September 1, 2013 through April 30, 2014. It includes a discussion of revenues, expenditures, fund balances, budgets, and other financial details. Some key highlights include:
- State appropriations were down slightly due to reduced one-time funding from the previous biennium. Total appropriations are expected to be $69.2 million.
- Property tax collections were higher than budgeted due to increased property valuations. Total tax revenue is projected to be $112.2 million.
- Tuition and fees revenue was lower than the prior year due to enrollment declines. Revenue is expected to
The document provides a summary of operating statements for Houston Community College System for the period of September 1, 2013 through June 30, 2014. Total revenues were $278 million year-to-date, with state appropriations of $56 million and ad valorem taxes of $111 million making up the largest sources of funding. Total expenses were $237 million year-to-date, with the largest expenses being salaries of $139 million and benefits of $15 million. The budget priorities for the year included $14.7 million for items like new faculty positions and security upgrades.
This document provides a summary of financial statements for Houston Community College System and Houston Community College Public Facility Corporation for the period of September 1, 2015 through April 30, 2016. As of April 30, 2016, total revenues received were $279.5 million, representing 86.1% of the annual budgeted revenue of $324.6 million. Total expenses were $216 million, representing 66.6% of the annual budgeted expenses of $324.6 million. Compared to the same period last year, revenues increased by 3.4% while expenses increased by 9%.
The document provides financial statements for Houston Community College System for the period of September 1, 2015 through May 31, 2016. It summarizes that total revenues received were $294.4 million, which is 90.7% of the annual budgeted revenue of $324.6 million. Total expenses were $239.6 million, which is 73.8% of the annual budgeted expenses of $324.6 million. The net revenue was $54.8 million, increasing the fund balance by that amount. Salaries increased 6.3% mainly due to a compensation study and a 2% salary increase for full-time employees. Expenses for transfers and debt increased $10.6 million mainly due to bond redemption.
This document provides a summary of financial statements for Houston Community College System and Houston Community College Public Facility Corporation for the period of September 1, 2015 through July 31, 2016. As of July 31, 2016, total revenues received were $312.3 million, representing 96.2% of the annual budgeted revenues of $324.6 million. Total expenses were $284.6 million, representing 87.7% of the annual budgeted expenses of $324.6 million. Salaries increased 6.6% due to compensation adjustments and a 2% salary increase for full-time employees. Expenses in transfers and debt increased $8.7 million due to bond redemption payments. Revenues and expenses are expected to be within
The document discusses the benefits of exercise for mental health. It states that regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help boost feelings of calmness and well-being.
This document provides the financial statements and audit reports for Houston Community College for the fiscal year ending August 31, 2013. It includes the independent auditor's report, management's discussion and analysis, statements of net position, revenues and expenses, cash flows, notes to the financial statements, supplementary schedules, statistical section, and single audit reports. Houston Community College's strategic plan for 2012-2015 includes seven goals focused on increasing student completion rates, responding to business and industry needs, ensuring instruction provides 21st century skills, developing faculty and staff, supporting innovation, cultivating an entrepreneurial culture, and leveraging local and international partnerships.
This document provides the financial statements and audit reports for Houston Community College for the 2012 and 2011 fiscal years. It includes the independent auditor's report, management's discussion and analysis, statements of net assets, revenues and expenses, and cash flows, along with accompanying notes. It also includes supplemental schedules and a statistical section with additional financial data. The primary financial highlights include Houston Community College continuing efforts to stabilize its financial resources in light of state funding shortfalls by reducing spending and implementing new strategic plans focused on increasing student completion, job skills, and partnerships with business and industry.
This document is Houston Community College's Comprehensive Annual Financial Report for the fiscal year ending August 31, 2015. It includes financial statements, notes to the financial statements, statistical data, and reports from the independent auditor. The report summarizes HCC's financial position and results of operations for fiscal year 2015.
This document provides a summary of financial statements for Houston Community College System for the period of September 1, 2016 to October 31, 2016. It shows that total revenue was $63 million, which was 18.6% of the annual budgeted revenue. Total expenses were $49.4 million, which was 14.6% of the annual budgeted expenses. Compared to the same period last year, revenue decreased by 1.9% while expenses decreased by 17.7%. Salaries increased by 4% due to a compensation study and a 2% salary increase for full-time employees. Expenses for transfers and debt decreased by $8.7 million due to bond redemption in the prior fiscal year. Revenues and expenses are
This document provides a summary of financial statements for Houston Community College System and Houston Community College Public Facility Corporation for the period of September 1, 2015 through August 31, 2016. It includes a summary of revenues and expenses by fund, noting that total revenues received were 98.3% of budget while expenses were 96.3% of budget. It also provides comparisons to the prior year, with revenues up 2.6% and expenses up 8.3%. The balance sheet by fund is included showing fund balances as of August 31, 2016.
The document provides financial statements for Houston Community College System for the period of September 1, 2016 to March 31, 2017. It summarizes that total revenues are $271.9 million (80.4% of budget) and expenses are $169.5 million (50.2% of budget), resulting in net revenue of $102.3 million. Salaries increased 6.4% primarily due to compensation adjustments. The expenses for transfers and debt decreased $8.6 million due to bond redemption. The various fund balances and activities are presented for the period.
This document provides a summary of financial statements for Houston Community College System and Houston Community College Public Facility Corporation for the period of September 1, 2016 to January 31, 2017. As of January 31, 2017, total revenue was $200.9 million (59.5% of budget) and total expenses were $116.7 million (34.5% of budget), resulting in a net revenue of $84.3 million. Compared to the same period last year, revenue increased 1.5% while expenses decreased 5.4%. Salaries increased 6.8% mainly due to a compensation study and 2% salary increase for full-time employees. Expenses for transfers and debt decreased $8.8 million due to bond
Sp1 fy 2013 year end financial report presentation v3 03 24-14cityofevanston
The document provides a summary of the city's fiscal year 2013 4th quarter financial results. It reports that the general fund revenues were above budget by 2.76% while expenditures were above budget by 0.21%, resulting in a $2.2 million surplus. Staff proposes transferring the surplus to other funds. Several revenue categories like sales, property, and athletic taxes exceeded projections. The parking and solid waste enterprise funds had revenue exceed expenses while water and sewer funds had deficits. Negative fund balances in the insurance and solid waste funds could potentially impact the general fund in the future if not addressed.
The town of Portsmouth's 2010 financial audit showed:
1) The general fund balance increased by $663,437, though the budgeted change was zero, with the undesignated fund balance representing 5.8% of the operating budget.
2) Revenues were above budget by $19,309 while expenditures were $687,069 below appropriations.
3) The town pension plan was only 60.6% funded as of 2010, significantly lower than 2000, and contributions will need to increase to address future obligations.
The Dallas Central Appraisal District proposed a 2016-2017 budget of $24,471,932, a 3.36% increase over the 2015-2016 budget. The budget includes funding for 228 full-time positions, the same as the previous year. A 2.5% merit increase is proposed for employees, tied to average increases by taxing entities. Major expenses include $13.7 million for salaries and wages, $5.7 million for insurance and benefits, and $1.6 million for professional services. Revenue will come from $24.2 million in allocations from local taxing entities, $230,000 in rendition fees, and $10,000 in other income.
The document discusses proposed legislation called the Gainful Employment (GE) program. The GE program aims to increase information available to students on costs and earnings of educational programs. It would determine program eligibility for federal student aid based on debt-to-earnings ratios and cohort default rates calculated at the program level. The proposal outlines how these measures would be calculated and defines thresholds for "failing", "zone", and "passing" programs. The document expresses concerns that the implementation timeline is rushed and may have unintended consequences.
This document provides a summary of financial statements for Houston Community College System for the period of September 1, 2016 to February 28, 2017. As of February 28, 2017, total revenue received was $261.4 million, which represents 77.3% of the annual budgeted revenue of $338 million. Total expenses were $141.5 million, which represents 41.9% of the annual budgeted expenses of $338 million. Compared to the same period last year, revenue increased by 3.2% while expenses decreased by 3.6%.
The document discusses the Pell Grant program, which provides need-based grants to undergraduate students. It notes that in award year 2018-2019, there will be 7.5 million recipients receiving an average of $4,100 for a total cost of $30.6 billion. It explains that the program has both discretionary and mandatory funding components, and operates much like an entitlement in that students receive grants based on financial need rather than a capped amount of available funding. The Congressional Budget Office projects that costs will continue rising over the next decade as more students enroll in postsecondary education.
The document summarizes Lockton Companies' presentation to Metropolitan Community College's Insurance Committee regarding MCC's health insurance renewal for 2015. It includes: (1) a summary of 2013-2014 plan performance and large claims; (2) details of MCC's current 2014 plan design and cost sharing; (3) BlueKC's proposed 2015 renewal rates, which include a 15% increase to fixed fees and a negotiated 10% increase to maximum claim liability factors; and (4) an analysis of the impact of proposed increases to prescription drug out-of-pocket maximums. The presentation provides information to help MCC evaluate its health insurance options and costs for 2015.
Statistical Analysis:
FY 2013 FY 2014 FY 2015
FY 20016
Budget
STATISTICAL
SUMMARY LRMC CCH CCH CCH
Admissions 16,583 17,122 17,397 17,745
Adjusted Admissions 22,934 23,101 23,375 23,843
Patient Days 71,109 76,731 78,799 80,375
Adjusted Patient Days 98,330 103,487 105,871 107,988
Average Daily Census 195 210 216 220
Percentage of
Occupancy 63% 68% 70% 71%
Average Length of
Stay 4.3 4.5 4.5 4.5
Emergency Visits 33,586 33,095 36,266 37,354
Urgent Care Visits 11,717 15,734 16,202 16,688
Observation Cases 4,380 5,216 5,496 5,661
Outpatient
Registrations 30,819 30,063 32,313 33,928
Home Health Visits 51,736 43,496 38,532 38,532
Births 1,297 1,328 1,265 1,265
Other Statistics
Employees 2,112 2,350 2,400
Full Time Equivalent Employees 1,690 1,880 1,920
Financial Data:
Balance Sheet
FY 2014 and 2015
Assets 2015 2014
Current assets:
Cash and cash equivalents
Cash and investments held by bond trustee –
required for current liabilities
Accounts receivable, less allowances for
uncollectible
$
53,635,94
4
11,552,85
9
34,328,81
4
12,479,98
5 patient accounts of approximately $40,466,000 and
$38,196,000 in 2010 and 2009, respectively 44,068,697 38,838,787
Estimated third-party settlements, net 1,295,000 1,758,080
Supplies 9,899,409 8,860,081
Prepaid expenses and other current assets 9,066,378 11,867,585
Total current assets 129,518,287 108,133,332
Assets limited as to use:
Current liabilities:
Accounts payable $ 19,860,709 15,744,839
Accrued expenses:
Employee compensation and
benefits
20,467,163 14,712,215
Interest 2,186,356 2,069,202
Other 11,501,375 12,929,155
Current portion of long-term debt 5,000,000 4,715,000
Total current liabilities 59,015,603 50,170,411
Interest rate swaps 7,663,158 5,121,610
Other 12,907,742 8,342,913
Long-term debt, less current portion 154,594,700 162,282,08
4
Total liabilities 234,181,203 225,917,01
8 Net assets:
Unrestricted 181,147,094 175,919,30
4 Temporarily restricted — 129,367
Permanently restricted — 1,101,862
Cash and investments held by bond trustee, less current portion 6,577,710 5,986,813
Other 4,575,567 2,660,774
Total assets limited as to use 11,153,277 8,647,587
Property and equipment, net 176,575,169 184,822,376
Other assets:
Investments
88,036,572
96,245,865
Deferred loan costs, net
1,762,631
—
2,414,097
1,524,290
Due from affiliates 7,388,113 1,280,004
Other assets 894,248 —
Total other assets 98,081,564 101,464,256
Total assets $ 415,328,297 403,067,551
Total net assets 181,147,094 17.
CHILD FOUNDATION FINANCIAL STATEMENTS YeJinElias52
CHILD FOUNDATION
FINANCIAL STATEMENTS
Year Ended May 31, 2020
with
Independent Auditors’ Report
CHILD FOUNDATION
Table of Contents
Page
Independent Auditors’ Report 1
Financial Statements
Statement of Financial Position 3
Statement of Activities 4
Statement of Functional Expenses 5
Statement of Cash Flows 6
Notes to Financial Statements 7
- 1 -
Independent Auditors’ Report
The Board of Directors
Child Foundation
Report on the Financial Statements
We have audited the accompanying financial statements of Child Foundation (the Organization), which
comprise the statement of financial position as of May 31, 2020, and the related statements of activities,
functional expenses, and cash flows for the year then ended, and the related notes to the financial
statements.
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in
accordance with accounting principles generally accepted in the United States of America; this includes
the design, implementation, and maintenance of internal control relevant to the preparation and fair
presentation of financial statements that are free from material misstatement, whether due to fraud or
error.
Auditors’ Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We
conducted our audit in accordance with auditing standards generally accepted in the United States of
America. Those standards require that we plan and perform the audit to obtain reasonable assurance
about whether the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in
the financial statements. The procedures selected depend on the auditors’ judgment, including the
assessment of the risks of material misstatement of the financial statements, whether due to fraud or error.
In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation
and fair presentation of the financial statements in order to design audit procedures that are appropriate in
the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s
internal control. Accordingly, we express no such opinion. An audit also includes evaluating the
appropriateness of accounting policies used and the reasonableness of significant accounting estimates
made by management, as well as evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for
our audit opinion.
- 2 -
Opinion
In our opinion, the financial statements referred to above present fairly, in all material respects, the
financial position of Child Foundation as of May 31, 202 ...
For the period of September 1, 2017 through November 30, 2017:
- Total revenues were $85.4 million, representing 24.5% of the annual budgeted revenues of $348.3 million. Total expenses were $77.8 million, representing 22.3% of the annual budgeted expenses.
- Salaries increased 4.5% from the same period last year, primarily due to compensation adjustments. Several expense categories had variances due to timing differences in transactions.
- As of November 30, 2017, the unrestricted fund had a net revenue of $7.7 million, with revenues and expenses expected to fall within budget by fiscal year-end.
Fourth Quarter and Year End 2014 Financial Results Investor CallSquareTwoFinancial
The company reported financial results for year-end 2014, with consolidated ERP of $655 million and adjusted EBITDA of $198 million. Returns in 2014 were lower than previous years due to competitive market conditions. However, actively managed portfolios maintained strength, with initial 12-month returns reflecting conservatism. Purchases in Q4 2014 totaled $29 million according to the company's long-term investment strategy of diversification.
The document summarizes workforce trends in Texas, the Houston region, and at Houston Community College. It notes that while the Texas and Houston economies are growing and job demand is high, traditional college enrollment and the number of high school graduates entering higher education have been declining. TRUE Initiative grants awarded to HCC helped increase enrollment in cybersecurity, commercial driver's license training, and manufacturing programs to help close workforce skills gaps. However, sustained funding is needed to continue meeting the region's workforce needs as the economy grows.
The document provides an overview of Houston Community College System. It summarizes key student demographics which show the student body is diverse with over half being students of color. It also outlines the colleges' strategic priorities which focus on student success, diversity, personalized learning, and becoming the top choice for education. Additionally, it reviews the college's governance structure and administration.
The Houston Community College Small Business Development Program has made improvements to expand opportunities for certified small businesses. The program certification accepts additional certifications from the City of Houston and now includes minority, women, disabled, and disadvantaged owned businesses. The evaluation process for small businesses has also improved to maximize their chance of competing for and winning contracts. Certified small businesses can now receive up to 15 points based on their status and level of subcontracting with other certified small businesses.
This document is the procurement operations procedures manual for HCC. It provides definitions for over 75 procurement-related terms used throughout the manual. The table of contents shows that the manual contains articles on general provisions, sources of supplies and services, procurement methods, competitive sealed bidding, competitive sealed proposals, construction procurement, contract administration and close out. The document establishes standard procedures and guidelines for HCC's procurement processes.
This document provides information about Houston Community College (HCC) for the Common Data Set. It includes contact information for HCC's Office of Institutional Research and general information about HCC such as its status as a public community college with an open enrollment policy. Enrollment numbers from 2020-2021 are provided for full-time and part-time students by gender and race/ethnicity. Graduation and retention rates cannot be provided since HCC is a two-year institution. Application information is given showing total freshman applicants and admits for 2020. Admission requirements are not listed since HCC has an open enrollment policy.
This document contains the bylaws of the Board of Trustees of Houston Community College. It establishes ethics policies for trustees and senior staff, including a code of conduct. It has been amended over 30 times since its initial adoption in 2010 to update various sections. The bylaws cover topics like the board's powers and authority, committees, meetings, and operations. It aims to ensure high ethical standards and proper governance of the college.
This document outlines Houston Community College's regulation regarding ensuring equal access to technology resources for individuals with disabilities. It establishes guidelines for making the college's websites and digital content compliant with Web Content Accessibility Guidelines 2.0 Level AA. It defines key terms and roles, such as designating the ADA/Section 504 Coordinator as responsible for handling requests regarding inaccessible online content. The regulation applies to all college employees and users of technology resources, and states that inaccessible content must be made available in an equally effective alternative format upon request.
This document summarizes the bylaws of the Board of Trustees of Houston Community College. It outlines ethics policies for board members and senior staff, including standards of conduct, prohibited communications during the bid process, and requirements for disclosing conflicts of interest. The bylaws establish that board members must act in the best interests of the college, maintain confidentiality, and avoid undue external influence. Board members and senior staff are prohibited from certain communications with bidders during the bid period and from accepting related political contributions.
1. The document is a memorandum from the Chancellor of Houston Community College to the Board of Trustees regarding new reporting requirements under Texas law for incidents of sexual harassment, assault, dating violence or stalking.
2. It provides details on the requirements of Texas Education Code Section 51.253(c) which mandates that the Chancellor submit a report to the Board and post publicly on incidents reported and their dispositions.
3. Attached is the first report submitted by the Chancellor to the Board as required, providing summary data on 4 reports received under the relevant section of the Code and 1 report regarding failure to report from January to March 2020. The 3 investigations were still ongoing.
1) The document outlines Houston Community College's policy prohibiting discrimination, harassment, sexual harassment, sexual assault, dating violence, stalking, and retaliation.
2) It defines key terms like employee, sex or gender, and sexual harassment. It also defines prohibited conduct covered by the policy.
3) The policy establishes reporting procedures, including mandatory reporting requirements for employees, and designates the Title IX Coordinator to handle reports of sex discrimination.
This document outlines Houston Community College's policy on sex and gender discrimination, including sexual harassment and retaliation. It defines discrimination and prohibited conduct, and establishes procedures for reporting, investigating, and resolving complaints. It designates the Title IX Coordinator and states that any employee receiving a report must notify them. It also provides examples of corrective actions that may be taken following investigations.
This document outlines the bylaws of the Board of Trustees of Houston Community College. It was originally adopted on January 1, 2010 and has been amended numerous times, with the most recent amendment on February 5, 2020. The bylaws cover topics such as ethics and standards of conduct for trustees and staff, the powers and responsibilities of the board, elections, meetings, committees, and board operations. The purpose is to provide internal governance and management for the board and its activities in accordance with applicable laws.
The Houston Community College System's (HCC) total assets decreased by $5.4 million from fiscal year 2018 primarily due to spending $19.4 million to complete capital improvement projects, reducing restricted cash and investments. Total liabilities increased by $76.4 million mainly due to changes in pension and other post-employment benefit assumptions. HCC's net position increased by $3 million to $393 million for fiscal year 2019 despite higher pension and other post-employment benefit expenses. Non-operating revenues increased by $8 million.
This document is Houston Community College's 2019 Annual Clery Security Report, which provides crime statistics and safety policies for the college as required by law. It summarizes crime data for 2018, including reports of crimes such as burglary, assault, and dating violence. It also outlines the college's policies for reporting crimes, making timely warnings, and preparing the annual disclosure. The report provides definitions of Clery-defined crimes and lists contact information for campus safety authorities.
The document is Houston Community College's updated 2019 procurement plan listing 63 anticipated solicitations for goods and services projected to be sourced during the year, grouped by month. It notes that additional needs may be added and that official solicitation notices will be posted on the procurement website. It also outlines prohibited communication policies for proposers during the "blackout period" between advertisement and contract execution or cancellation.
This document provides information about Houston Community College for a Common Data Set. It includes contact information for the college, basic facts such as the types of degrees offered and academic calendar, enrollment numbers broken down by gender and race/ethnicity, persistence and graduation rates, and retention rates. Houston Community College is a public, coeducational institution located in Houston, Texas that offers associate degrees and certificates on a semester system with an undergraduate enrollment of over 57,000 students as of fall 2018.
The document provides tips on how to recognize email scams by learning to spot suspicious elements like generic salutations, alarmist messages, grammatical errors, requests for personal information, and emails that do not come from official college domains. Examples are given of phishing emails disguising themselves as being from Houston Community College but with email addresses from outlook.com, gmail.com, and foreign domains, as well as links that do not match the displayed text. Readers are advised to be wary of these types of suspicious emails.
The document summarizes construction spending to date totaling $342,687,622 on capital improvement projects. Of the total spending, $126,116,612 or 37% went to small, women, minority, disadvantaged, or historically underutilized businesses. The largest portions of protected spending went to small businesses at $107,526,338 or 31% of total spending and women-owned businesses at $22,593,825 or 7% of total spending. The document then lists individual subcontractors and the amounts they were paid in relation to their protected business classifications.
The document summarizes spending to date on a Capital Improvement Program construction project totaling $325.7 million. Of the total spending, $116.4 million or 36% went to small, women, minority, disadvantaged, or historically underutilized businesses. The top categories were: total SBE spending of $98.7 million (30% of total), total MBE spending of $36.7 million (11% of total), and total WBE spending of $17.2 million (5% of total). The document also lists individual subcontractors or vendors that worked on the project, indicating if they were certified in various business categories.
The document summarizes construction spending to date totaling $337,398,887 on a capital improvement program. It shows that 37% of total spending, or $123,246,981, went to small/women/minority/disadvantaged businesses. Specifically, 31% ($104,701,271) went to small businesses, 6% ($21,156,816) to women-owned businesses, and 13% ($42,320,345) to minority-owned businesses. The document also provides a breakdown of individual subcontractor payments by business type.
Andreas Schleicher presents PISA 2022 Volume III - Creative Thinking - 18 Jun...EduSkills OECD
Andreas Schleicher, Director of Education and Skills at the OECD presents at the launch of PISA 2022 Volume III - Creative Minds, Creative Schools on 18 June 2024.
This presentation was provided by Rebecca Benner, Ph.D., of the American Society of Anesthesiologists, for the second session of NISO's 2024 Training Series "DEIA in the Scholarly Landscape." Session Two: 'Expanding Pathways to Publishing Careers,' was held June 13, 2024.
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إضغ بين إيديكم من أقوى الملازم التي صممتها
ملزمة تشريح الجهاز الهيكلي (نظري 3)
💀💀💀💀💀💀💀💀💀💀
تتميز هذهِ الملزمة بعِدة مُميزات :
1- مُترجمة ترجمة تُناسب جميع المستويات
2- تحتوي على 78 رسم توضيحي لكل كلمة موجودة بالملزمة (لكل كلمة !!!!)
#فهم_ماكو_درخ
3- دقة الكتابة والصور عالية جداً جداً جداً
4- هُنالك بعض المعلومات تم توضيحها بشكل تفصيلي جداً (تُعتبر لدى الطالب أو الطالبة بإنها معلومات مُبهمة ومع ذلك تم توضيح هذهِ المعلومات المُبهمة بشكل تفصيلي جداً
5- الملزمة تشرح نفسها ب نفسها بس تكلك تعال اقراني
6- تحتوي الملزمة في اول سلايد على خارطة تتضمن جميع تفرُعات معلومات الجهاز الهيكلي المذكورة في هذهِ الملزمة
واخيراً هذهِ الملزمة حلالٌ عليكم وإتمنى منكم إن تدعولي بالخير والصحة والعافية فقط
كل التوفيق زملائي وزميلاتي ، زميلكم محمد الذهبي 💊💊
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Chapter wise All Notes of First year Basic Civil Engineering.pptxDenish Jangid
Chapter wise All Notes of First year Basic Civil Engineering
Syllabus
Chapter-1
Introduction to objective, scope and outcome the subject
Chapter 2
Introduction: Scope and Specialization of Civil Engineering, Role of civil Engineer in Society, Impact of infrastructural development on economy of country.
Chapter 3
Surveying: Object Principles & Types of Surveying; Site Plans, Plans & Maps; Scales & Unit of different Measurements.
Linear Measurements: Instruments used. Linear Measurement by Tape, Ranging out Survey Lines and overcoming Obstructions; Measurements on sloping ground; Tape corrections, conventional symbols. Angular Measurements: Instruments used; Introduction to Compass Surveying, Bearings and Longitude & Latitude of a Line, Introduction to total station.
Levelling: Instrument used Object of levelling, Methods of levelling in brief, and Contour maps.
Chapter 4
Buildings: Selection of site for Buildings, Layout of Building Plan, Types of buildings, Plinth area, carpet area, floor space index, Introduction to building byelaws, concept of sun light & ventilation. Components of Buildings & their functions, Basic concept of R.C.C., Introduction to types of foundation
Chapter 5
Transportation: Introduction to Transportation Engineering; Traffic and Road Safety: Types and Characteristics of Various Modes of Transportation; Various Road Traffic Signs, Causes of Accidents and Road Safety Measures.
Chapter 6
Environmental Engineering: Environmental Pollution, Environmental Acts and Regulations, Functional Concepts of Ecology, Basics of Species, Biodiversity, Ecosystem, Hydrological Cycle; Chemical Cycles: Carbon, Nitrogen & Phosphorus; Energy Flow in Ecosystems.
Water Pollution: Water Quality standards, Introduction to Treatment & Disposal of Waste Water. Reuse and Saving of Water, Rain Water Harvesting. Solid Waste Management: Classification of Solid Waste, Collection, Transportation and Disposal of Solid. Recycling of Solid Waste: Energy Recovery, Sanitary Landfill, On-Site Sanitation. Air & Noise Pollution: Primary and Secondary air pollutants, Harmful effects of Air Pollution, Control of Air Pollution. . Noise Pollution Harmful Effects of noise pollution, control of noise pollution, Global warming & Climate Change, Ozone depletion, Greenhouse effect
Text Books:
1. Palancharmy, Basic Civil Engineering, McGraw Hill publishers.
2. Satheesh Gopi, Basic Civil Engineering, Pearson Publishers.
3. Ketki Rangwala Dalal, Essentials of Civil Engineering, Charotar Publishing House.
4. BCP, Surveying volume 1
Beyond Degrees - Empowering the Workforce in the Context of Skills-First.pptxEduSkills OECD
Iván Bornacelly, Policy Analyst at the OECD Centre for Skills, OECD, presents at the webinar 'Tackling job market gaps with a skills-first approach' on 12 June 2024
Gender and Mental Health - Counselling and Family Therapy Applications and In...PsychoTech Services
A proprietary approach developed by bringing together the best of learning theories from Psychology, design principles from the world of visualization, and pedagogical methods from over a decade of training experience, that enables you to: Learn better, faster!
This document provides an overview of wound healing, its functions, stages, mechanisms, factors affecting it, and complications.
A wound is a break in the integrity of the skin or tissues, which may be associated with disruption of the structure and function.
Healing is the body’s response to injury in an attempt to restore normal structure and functions.
Healing can occur in two ways: Regeneration and Repair
There are 4 phases of wound healing: hemostasis, inflammation, proliferation, and remodeling. This document also describes the mechanism of wound healing. Factors that affect healing include infection, uncontrolled diabetes, poor nutrition, age, anemia, the presence of foreign bodies, etc.
Complications of wound healing like infection, hyperpigmentation of scar, contractures, and keloid formation.
Temple of Asclepius in Thrace. Excavation resultsKrassimira Luka
The temple and the sanctuary around were dedicated to Asklepios Zmidrenus. This name has been known since 1875 when an inscription dedicated to him was discovered in Rome. The inscription is dated in 227 AD and was left by soldiers originating from the city of Philippopolis (modern Plovdiv).
1. Summary Operating Statements
For the Period
September 1, 2013 ‐ July 31, 2014
For the Meeting of the Board of Trustees ‐ August 14, 2014
for
Houston Community College System
&
Houston Community College Public Facility Corporation
2. Table of Contents
For the Period September 1, 2013 ‐ July 31, 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 July, 31, 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
State Appropriations received year to date totaled $62,633,215, 1.4% 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 $111,653,747 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 $102,478,368 which is 2.5% 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 $101,406,509 at fiscal year‐end; 4.7% below budget plan.
Expenditures
Tuition & Fee‐Extended Learning receipts totaled $6,730,197 year to date, 5.6% above last year. Total tuition and
fees‐Extended Learning at fiscal year end are expected to be $6,857,003.
Total revenue collections, net of exemptions and waivers, totaled $286,180,545 year‐to‐date. Total revenue received
at fiscal year‐end is expected to be $292,541,113; which is 2.1% above budget plan.
Total Salaries are $153,240,780 year‐to‐date, 3% 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 $165,875,797.
Benefits costs totaled $16,915,759 year‐to‐date, 14.7% 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
$21,065,193.
Contracted services year‐to‐date totaled $20,867,637, 13.9% 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 $25,801,825.
Other Departmental expenses totaled $2,142,435 year‐to‐date, 26.3% above last year. The increase is mainly due to
election expenses incurred and pinning ceremony expenses for Health Sciences. Total expenses in this category are
expected to be $$2,536,185 at year end.
i
4. Managements Discussion and Analysis
Thru July, 31, 2014
Instructional & Other Materials year‐to date totaled $6,853,993, 25.8% above last fiscal year. IT upgrades and
additional software purchases contributed to the increase. Expenses in this area are expected to be $8,201,561 at
year end.
Maintenance & Repairs expenses totaled $1,295,070 year‐to‐date, which is 91% above the previous year. The
increase is namely due to an increase in building maintenance projects completed in the fiscal year. Total expenses
at year end are projected to be $1,783,152.
Capital Outlay expenses totaled $6,228,958 year‐to‐date, 102% above last year. Building improvements and IT
equipment purchases contributed to the increase. Total expenses for the year are expected to be within budget at
$8,974,769.
Total operating fund expenditures year‐to‐date total $259,165,045. We are projecting expenditures to be
$291,505,224 at fiscal year end.
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.
Budget Priorities funding allocated for the year are detailed below through July 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
125,000
2,500,000
‐
Budget
$ 2,374,415
5,535,476
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
1,300,000
5. Operating Statement ‐ Unaudited Fund Balances (Across all Funds)
Unrestricted Restricted Auxiliary1
Funds
as of July 31, 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 286,180,544 28,137,916 16,470,485 ‐ 101,883,359 10 5,875,536 34,396,736 3,498,041 509,507 476,952,135
Expenses
Salaries 153,240,780 5,822,877 6,579,826 ‐ 1,433,296 ‐ 199,220 ‐ ‐ ‐ 167,275,998
Employee Benefits 16,915,759 12,315,551 1,252,063 ‐ ‐ ‐ 43,864 ‐ ‐ ‐ 30,527,237
Supplies & General Exp 4,557,103 293,372 8 88,050 ‐ ‐ ‐ 35,591 ‐ ‐ ‐ 5,774,116
Travel 911,453 189,238 2 02,403 ‐ ‐ ‐ 582 ‐ ‐ ‐ 1,303,677
Marketing Costs 982,405 52,658 52,747 ‐ ‐ ‐ 1 ,300 ‐ ‐ ‐ 1,089,110
Rentals & Leases 2,178,026 94,066 66,890 ‐ ‐ ‐ 3 ,092 ‐ ‐ ‐ 2,342,074
Insurance/Risk Mgmt 6,450,392 7,516 5,153 ‐ ‐ ‐ ‐ ‐ ‐ ‐ 6,463,061
Contracted Services 20,867,637 3,952,409 1,655,535 ‐ ‐ ‐ 1,223,645 2 36,555 ‐ ‐ 27,935,780
Utilities 7,490,956 ‐ 4 25,476 ‐ ‐ ‐ ‐ ‐ ‐ ‐ 7,916,432
Other Departmental Expenses3 2,142,435 70,392 4,097,247 ‐ ‐ ‐ 299 ‐ ‐ ‐ 6,310,372
Instructional and Other Materials4 & 5 6,853,993 295,452 2 39,757 ‐ ‐ ‐ 1,069,167 ‐ ‐ ‐ 8,458,368
Maintenance and Repair 1,295,070 527,755 15,314 ‐ 268,620 ‐ 376,679 ‐ ‐ ‐ 2,483,438
Transfers In/Out6 28,955,059 ‐ 4,095,000 ‐ (3,041,873) ‐ 4,439,193 (34,447,379) ‐ ‐ ‐
Debt 95,020 ‐ ‐ ‐ ‐ ‐ 468,995 60,179,055 808,359 0 61,551,429
Capital Outlay 6,228,958 788,060 97,636 ‐ ‐ ‐ 75,136,231 ‐ ‐ 1 83,976 82,434,861
Depreciation ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 1 7,571,418 ‐ 17,571,418
Scholarship Distribution 103,742,914 103,742,914
Total Expenses 259,165,045 24,409,345 19,673,098 ‐ 102,402,957 ‐ 82,997,857 25,968,231 1 8,379,777 1 83,976 533,180,286
Net of Revenue/Expenses 27,015,499 3,728,571 (3,202,612) ‐ ( 519,598) 10 (77,122,321) 8,428,505 (14,881,736) 3 25,531 (56,228,151)
Fund Balance Entries (534,916) ( 148,343) 81,275,810 2 0,775,679 101,368,230
Debt Funded ‐
Fund Balance as of 07/31/2014 $ 115,933,385 $ 1 2,451,106 $ 5,823,584 $ 509,932 $ 37,676 $ (59,601) $ 7,302,744 $ 17,910,724 $ 230,294,059 $ (6,000,289) $ 384,203,319
1
Inculdes Foundation expenses of approx. $1.7M (since inception) supplemental funding approved by the Board.
2 Revenue in Unrestricted Fund is shown net of Exemptions/Waivers, namely $6.8M 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 $6,853,993 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 $214,140 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 July 31, 2014
Actuals as a
% of Budget Unrealized Budget
Year‐to‐Date
Actuals Thru July
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 $ 62,633,215 90.5% $ 6,569,149 $ 63,495,699 $ (862,484) ‐1.36% 69,202,364 ‐ 0.00%
Ad Valorem Taxes 106,097,476 101,478,107 111,653,747 110.0% (10,175,640) 104,405,862 7,247,884 6.94% 112,151,493 10,673,386 10.52%
Tuition, Net 40,063,500 41,453,277 39,155,342 94.5% 2,297,935 40,158,942 (1,003,600) ‐2.50% 39,129,719 (2,323,558) ‐5.61%
Fees1 63,996,717 64,922,582 63,323,026 97.5% 1,599,556 64,939,079 (1,616,053) ‐2.49% 62,276,791 (2,645,791) ‐4.08%
Other Local Income2 2,184,999 2,543,140 2,128,472 83.7% 414,668 2,020,706 107,765 5.33% 2,311,774 (231,366) ‐9.10%
Tuition & Fee, Net
6,400,587 6,565,665 6,730,197 102.5% ( 164,532) 6,372,972 357,225 5.61% 6,857,003 291,338 4.44%
‐‐ Extended Learning
Grant Revenue 517,655 434,410 556,546 128.1% (122,136) 462,232 94,314 20.40% 611,969 177,559 40.87%
Total Revenues 289,274,937 286,599,545 286,180,545 99.9% 419,000 281,855,493 4,325,052 1.53% 292,541,113 5,941,568 2.07%
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 $ 286,180,545 92.9% $ 21,922,969 $ 2 81,855,493 $ 4,325,052 1.53% $ 314,045,082 $ 5,941,568 1.93%
EXPENSES
Salaries 158,833,961 173,921,496 153,240,780 88.1% 20,680,716 148,766,993 4,473,786 3.01% 165,875,797 (8,045,699) ‐4.63%
Employee Benefits 18,704,344 18,152,880 16,915,759 93.2% 1,237,121 14,751,325 2,164,434 14.67% 21,065,193 2,912,313 16.04%
Supplies Gen Exp 5,216,679 6,218,205 4,557,103 73.3% 1,661,102 4,660,200 (103,097) ‐2.21% 5,420,970 (797,235) ‐12.82%
Travel 883,137 1,228,157 911,453 74.2% 316,704 777,330 134,124 17.25% 1,000,967 (227,190) ‐18.50%
Marketing Costs 1,350,751 1,231,518 982,405 79.8% 249,113 1,299,364 (316,960) ‐24.39% 1,231,518 0 0.00%
Rental & Leases 2,234,487 2,953,640 2,178,026 73.7% 775,614 2,159,748 18,279 0.85% 2,403,739 (549,901) ‐18.62%
Insurance/Risk Mgmt 6,521,682 7,052,698 6,450,392 91.5% 602,306 6,519,897 (69,506) ‐1.07% 7,052,698 0 0.00%
Contract Services4 21,328,764 26,798,960 20,867,637 77.9% 5,931,323 18,327,458 2,540,179 13.86% 25,801,825 (997,135) ‐3.72%
Utilities 8,414,469 11,369,382 7,490,956 65.9% 3,878,426 7,063,294 427,662 6.05% 9,739,827 (1,629,555) ‐14.33%
Other Departmental Expenses5 1,799,321 2,797,854 2,142,435 76.6% 655,419 1,697,014 445,421 26.25% 2,536,185 (261,669) ‐9.35%
Instructional & Other Materials 6,263,298 10,475,030 6,853,993 65.4% 3,621,037 5,448,881 1,405,111 25.79% 8,201,561 (2,273,469) ‐21.70%
Maintenance & Repair 1,082,934 1,923,182 1,295,070 67.3% 628,112 678,779 616,292 90.79% 1,783,152 (140,029) ‐7.28%
Transfers/Debt 33,095,470 30,417,024 29,050,079 95.5% 1,366,945 28,330,519 719,560 2.54% 30,417,024 ‐ 0.00%
Budget Commitments ‐ 1,885,192 ‐ 0.0% 1,885,192 ‐ ‐ 0.00% ‐ (1,885,192) ‐100.00%
Capital Outlay 4,451,702 11,678,296 6,228,958 53.3% 5,449,338 3,080,913 3,148,045 102.18% 8,974,769 (2,703,527) ‐23.15%
Total Expenses $ 2 70,180,997 $ 308,103,514 $ 259,165,045 84.1% $ 48,938,469 $ 2 43,561,714 15,603,331 6.41% 291,505,224 (16,598,289) ‐5.39%
NET REVENUE Incr/(Decr) Vs EXPENSES $ 19,093,940 $ 27,015,500 $ 38,293,779 $ 1,035,889 $ 22,539,857
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 July 31, 2014
HCCS CURRENT UNRESTRICTED
2
7. 3101‐3100
Main Leasing
3104 ‐ Minority
Business
Development
HOUSTON COMMUNITY COLLEGE SYSTEM
Auxiliary Budget By Fund
as of July 31, 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 ,952,328 18,851 468,257 ‐ ‐ 2,173,961 2,642,218 (520) 474,012 8,086,889
Salaries 275,733 668,753 80,626 749,379 279,765 250,399 1,555,276
Benefits 72,767 143,557 16,000 159,557 65,902 62,494 360,721
Supplies Gen Exp 54,030 129,678 9,134 138,812 16,078 208,920
Travel 5,454 6,913 12,367 25,894 38,261
Marketing Costs 31,434 31,434 31,434
Rental & Leases 4,011 8,434 37,925 37,925 1,280 51,650
Contract Services 846,115 296,928 63,299 360,227 1,645 1,207,988
Utilities 421,725 ‐ 3,751 425,476
Departmental Expenses 1,500 350,512 8,349 3 ,597,183 3 ,956,043 25,872 3,983,416
Instructional & Other
600 21,869 21,869 214,140 236,608
Materials
Maintenance & Repair 5,517 1,148 1,148 8,638 15,304
Insurance/Risk Mgmt 28 28 351 379
Exemptions and Waivers 2,065 2,065 2,065
Transfer/Debt5 4 ,101,005 ‐ 4,101,005
Capital Outlay 4,380 87,251 87,251 91,631
Total Expense 5,787,384 8 ,434 1,754,734 206,189 ‐ 5,558,106 397,785 558,426 12,310,134
Contribution to Fund Balance (835,055) 10,417 (1,286,477) (206,189) (3,597,183) 2,173,961 (2,915,888) (398,305) (84,413) (4,223,244)
$ 17,772,210 $ 10,417 $ ( 14,483,681) $ (1,664,222) $ (19,768,117) $ 23,002,558 $ (12,913,461) $ (1,559,144) $ (1,520,339) $ 1,789,682
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. $1.7M (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 July 31, 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 46,666 ‐ 6,271,548 ‐ 6,318,214
Salaries 1,200 4 ,763,458 4 ,764,658
Benefits 851,687 851,687
Supplies Gen Exp 357 9,810 10,167
Travel 4,661 17,327 21,988
Marketing Costs ‐
Rental & Leases ‐
Contract Services 188,625 188,625
Utilities ‐
Departmental
Expenses
9,983 9,983
Instructional &
Other Materials
‐
Maintenance &
Repair
‐
Insurance/Risk ‐
Exemptions and
Waivers
‐
Transfer ‐
Capital Outlay ‐
Total Expense 6 ,218 ‐ 5,840,889 ‐ 5 ,847,108
Contribution to Fund Balance 40,448 ‐ 430,659 ‐ 471,107
$ 298,081 $ 155,804 $ 1,310,975 $ (92,954) $ 1 ,671,907
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 July 31, 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 1,093,397 884,192 2 ,146,796 16,551,900
Salaries 16,600 61,767 181,525 259,892 6,579,826
Benefits 460 39,195 39,655 1,252,063
Supplies Gen Exp 85,454 513,481 70,028 668,963 888,050
Travel 1,037 106,451 34,667 142,154 202,403
Marketing Costs 6,487 1,221 13,606 21,313 5 2,747
Rental & Leases 2,750 12,490 15,240 6 6,890
Contract Services 6,397 109,500 143,025 258,922 1,655,535
Utilities ‐ 425,476
Departmental
21,387 43,925 38,537 103,849 4,097,247
Expenses
Instructional &
Other Materials
3,149 3,149 239,757
Maintenance &
Repair
10 10 1 5,314
Insurance ‐ Risk
Mgmt
2,961 1,813 4,774 5,153
Exemptions and
Waivers
29,000 50,038 312 79,349 8 1,414
Transfer ‐ 4,101,005
Capital Outlay ‐ 9 1,631
Total Expense 169,112 889,803 538,356 1,597,271 19,754,512
Contribution to Fund Balance 95 203,594 345,836 549,525 (3,202,612)
$ 291,811 $ 1,044,951 $ 1,025,233 $ 2 ,361,994 $ 5 ,823,584
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 July 31, 2014
CURRENT &
LOAN FUNDS1
PLANT & BOND
FUNDS2 Total All Funds
ASSETS
Current Assets:
Cash & cash equivalents $ 120,124,344 $ 31,402,143 $ 151,526,486
Restricted cash & cash equivalents 12,880,362 ‐ 12,880,362
Short term Investments ‐ ‐ ‐
Accounts/Other receivable (net) 28,021,917 1,812,006 29,833,923
Deferred charges 1,673,802 ‐ 1,673,802
Prepaids 61,745 ‐ 61,745
Total Current Assets 162,762,170 33,214,148 195,976,319
Non‐current Assets:
Restricted cash & cash equivalents ‐ 367,918,776 367,918,776
Restricted long‐term investments ‐ 54,825,837 54,825,837
Long‐term investments 6,730,284 ‐ 6,730,284
Capital Assets, net ‐ 836,560,331 836,560,331
Total Non‐current Assets 6,730,284 1,259,304,944 1,266,035,228
Total Assets $ 169,492,454 $ 1,292,519,092 $ 1,462,011,547
LIABILITIES
Current Liabilities:
Accounts payable 3,360,966 136,237 3,497,203
Accrued liabilities 3,874,055 1,335,703 5,209,758
Compensated absences 2,261,499 ‐ 2,261,499
Funds held for others 684,516 189,209 873,726
Deferred revenue 24,615,339 1,292,759 25,908,098
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 34,796,374 31,023,909 65,820,283
Non‐current Liabilities:
Deposits ‐ ‐ ‐
Notes payable ‐ 161,141,737 161,141,737
Bonds payable ‐ 742,650,194 742,650,194
Capital lease obligations ‐ 102,195,726 102,195,726
Total Non‐current Liabilities ‐ 1,005,987,657 1,005,987,657
Total Liabilities $ 34,796,374 $ 1,037,011,565 $ 1,071,807,940
Fund Balance‐
August 31, 2013 Audited 108,357,470 237,031,590 345,389,060
Revenues Over Expenditures
Unrestricted 23,277,971 23,277,971
Restricted 3,060,641 3,060,641
Net Investment in Plant 18,475,937 18,475,937
Total Fund Balances, Unaudited $ 134,696,082 $ 255,507,527 $ 390,203,609
Total Liabilities & Fund Balances $ 169,492,456 $ 1,292,519,092 $ 1,462,011,547
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 July 31, 2014
TM CENTRAL
NORTH
WEST
NORTH
EAST
SOUTH
WEST
SOUTH EAST COLEMAN
EXTENDED
LEARNING
SYSTEM Grand Total
Salaries $ 23,987,110 $ 24,801,679 $ 18,987,117 $ 26,704,549 $ 15,351,275 $ 11,275,156 $ 10,494,694 $ 42,319,916 $ 173,921,496
Employee Benefits ‐ ‐ ‐ ‐ ‐ ‐ ‐ 18,152,880 18,152,880
Supplies & Gen 374,899 463,986 229,053 396,840 303,794 332,113 185,352 3,932,167 6,218,205
Travel 123,672 158,852 26,267 70,187 35,809 143,359 61,425 608,586 1,228,157
Marketing Costs 33,339 40,336 58,159 36,024 92,644 43,323 178,720 748,973 1,231,518
Rentals & Leases 7,477 142,001 963,929 534,961 81,052 469,051 23,213 731,956 2,953,640
Insurance/Risk Mgmt 906 406 50 462 ‐ ‐ ‐ 7,050,874 7,052,698
Contracted Services 327,294 299,993 83,624 44,384 119,985 307,025 20,792 25,595,863 26,798,960
Utilities 5,025 68 4,600 1,767 ‐ ‐ ‐ 11,357,922 11,369,382
Other Departmental Expenses 69,528 61,197 38,438 39,926 43,852 106,396 28,860 2,409,657 2,797,854
Instructional and Other Materials 481,560 237,358 152,485 236,947 155,464 394,310 481,105 8,335,802 10,475,030
Maintenance and Repair 186,478 47,063 35,317 50,717 40,646 84,783 118,753 1,359,425 1,923,182
Transfers/Debt ‐ 860,561 5,637,942 1,200,000 ‐ ‐ ‐ 22,718,521 30,417,024
Budget Commitments/Priority Funding 1 ,988 2 ,035 15,051 3,092 ‐ 5,226 ‐ 1,857,800 1,885,192
Capital Outlay 497,386 836,756 77,462 307,544 153,058 522,090 158,061 9,125,938 11,678,296
‐
Grand Total $ 26,096,662 $ 27,952,292 $ 26,309,494 $ 29,627,400 $ 16,377,579 $ 13,682,832 $ 11,750,975 $ 156,306,280 $ 308,103,514
7
12. Exemptions & Waivers
Thur July 31, 2014
FY 2012‐13 FY 2013‐14
Budget:
Adjusted Budget FY 2013‐14, Net $ 41,453,277
Revenues Received:
Tuition 46,926,645 46,957,270 46,183,318
Waivers & Exemptions:
Dual Credit (4,877,897) (4,819,811) (4,932,920)
Other (1,985,247) (1,978,517) (2,095,056)
Total Waivers & Exemptions (6,863,144) (6,798,328) (7,027,976)
Total Tuition Revenue, Net $ 40,063,501 $ 40,158,942 $ 39,155,342
Budget:
Budget FY 2013‐14, Net $ 6,565,665
Revenues Received:
Tuition 8,677,989 8,523,249 8,580,808
Waivers & Exemptions:
Corrections (2,277,402) (2,150,277) (1,850,611)
Total EL Tuition Revenue, Net $ 6,400,587 $ 6,372,972 $ 6,730,197
FY 2012‐13 FY 2013‐14
Year‐to‐Date
Activity thru
07/31/2014
Actuals %
Inc/(Dec)YTD
vs. PriorYTD
Dept of Corrections $ 2,277,402 $ 2,150,277 $ 1,850,611 ‐13.94%
Dual Credit Waiver 4,877,897 4,819,811 4,932,920 2.35%
Other:
Employee Fee Exemptions 70,071 69,971 69,709 ‐0.37%
Firemen 25,475 25,475 26,082 2.38%
Hazelwood 1,266,190 1,262,519 1,410,794 11.74%
Deaf & Blind 258,017 257,751 205,537 ‐20.26%
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 15,702 15,498 ‐1.30%
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 304,145 305,407 302,314 ‐1.01%
Undocumented Students ‐ ‐ 11,383 0.00%
TX Tomorrow Waiver ‐ ‐ 2,912 0.00%
Surviving Spouse/Children ‐ ‐ 2,120 0.00%
Peace Officer Exemption 14,275 14,275 3,655 ‐74.40%
Stipends 14,050 10,450 3,000 0.00%
Scholars Costs Funded by State ‐ ‐ 6,050 0.00%
Total Other Exemptions 1,985,247 1,978,517 2,095,056 5.89%
Grand Total Exemptions & Waivers $ 9,140,546 $ 8,948,605 $ 8,878,587 ‐0.78%
8
Account
End of Year
Activity
Year‐to‐Date
Activity thru
07/31/2013
Year‐to‐Date
Activity thru
07/31/2014
Tuition
Tuition ‐ Extended Learning
Exemptions & Waivers
End of Year
Activity
Year‐to‐Date
Activity thru
07/31/2013