Condensed Financial Statement 2017 July

1. Summary Operating Statements
For the Period
September 1, 2016 ‐ July 31, 2017
For the Meeting of the Board of Trustees ‐ September 7, 2017
for
Houston Community College System (Including
Houston Community College Public Facility Corporation)

2. Summary Summary of Financial Statements 1
Statement of Revenues, Expenses and Fund Balances ‐
All Funds
2
Operating Summary Unrestricted Revenues and Expenses 3
Auxiliary Summary Auxiliary Revenues and Expenses by Fund 4
Budgets & Actuals Summary Unrestricted Adjusted Budgets and Actuals by Division ‐
Summary Comparison
6
Budgets & Actuals Detail Unrestricted Adjusted Budgets and Actuals by Division
and Expense Type
7
Balance Sheet Balance Sheet by Fund 11
Exemptions & Waivers Exemptions and Waivers Detail 12
Table of Contents
For the Period September 1, 2016 ‐ July 31, 2017
Houston Community College System
Revenues, Expenses and Fund
Balances

3. 1
HOUSTON COMMUNITY COLLEGE SYSTEM
Summary of Financial Statements
As of July 31, 2017
In the Unrestricted Fund as of July 31, 2017, total revenue is $319.9 million. This represents
94.7% of budgeted annual revenues of $338 million. Expenses total $291 million to date; which
is 86.1% of the total expense budget of $338 million. Compared with the same period last year,
revenues are higher by 2.4% and expenses are higher by 2.3%. While actual net revenue is
$28.9 million to date, revenues and expenses are expected to fall within budget by year end so
net revenue will be significantly less.
Salaries increased 6.5% due primarily to the compensation study alignment and an across the
board salary increase of 2% for full‐time employees. Benefits also increased by 9.8%.
The expenses in Transfers & Debt show a decrease of $6.8 million primarily due to the
redemption of the Public Facility Corporation Westgate Bonds Series 2005A in the amount of
$8.1 million in FY 2016. Interest expense for the month totaled $3,267,796.

4. Unrestricted Restricted Auxiliary Loans Scholarship Agency
Unexpended
Plant
Capital and
Technology
Retirement of
Debt
Investment in
Plant Subtotal
Public Facility
Corp. (PFC) Grand Total
Revenues $ 319,892,192 $ 26,041,647 $ 13,743,204 $ ‐ $ 90,788,767 $ ‐ $ 1,862,110 $ ‐ $ 52,908,569 $ ‐ $ 505,236,490 $ 3,984,119 $ 509,220,609
Expenses
Salaries 181,004,183 4,859,397 1,901,231 ‐ 1,336,679 ‐ 302,126 ‐ ‐ ‐ 189,403,616 ‐ 189,403,616
Employee Benefits 23,141,749 13,995,386 630,824 ‐ ‐ ‐ 61,659 ‐ ‐ ‐ 37,829,618 ‐ 37,829,618
Supplies & General Expense 5,004,168 172,186 1,006,154 ‐ ‐ ‐ 508 39,103 ‐ ‐ 6,222,120 ‐ 6,222,120
Travel 1,436,069 115,588 273,993 ‐ ‐ ‐ 1,510 ‐ ‐ ‐ 1,827,159 ‐ 1,827,159
Marketing Costs 737,405 41,304 966,407 ‐ ‐ ‐ ‐ ‐ ‐ ‐ 1,745,116 ‐ 1,745,116
Rentals & Leases 1,881,258 85,730 71,223 ‐ ‐ ‐ 6,009 ‐ ‐ ‐ 2,044,220 ‐ 2,044,220
Insurance/Risk Mgmt. 5,199,763 7,058 8,006 ‐ ‐ ‐ ‐ ‐ ‐ ‐ 5,214,827 ‐ 5,214,827
Contracted Services 17,774,265 3,491,138 894,607 ‐ ‐ ‐ 1,483,550 ‐ 304,954 ‐ 23,948,515 ‐ 23,948,515
Utilities 6,639,333 ‐ 551,103 ‐ ‐ ‐ ‐ ‐ ‐ ‐ 7,190,437 ‐ 7,190,437
Other Departmental Expenses 1,757,371 82,529 1,156,747 ‐ ‐ ‐ 750 ‐ ‐ ‐ 2,997,398 ‐ 2,997,398
Instructional and Other Materials 8,478,423 316,549 188,447 ‐ ‐ ‐ 807,736 ‐ ‐ ‐ 9,791,155 ‐ 9,791,155
Maintenance and Repair 821,823 375,068 8,849 ‐ 228,089 ‐ 42,612 7,440 ‐ ‐ 1,483,881 ‐ 1,483,881
Transfers (In)/Out1
32,490,530 550,000 ‐ ‐ (1,722,595) ‐ (7,764,543) (9,000,000) (15,306,037) 111,033 (641,612) 641,612 ‐
Debt 100,911 ‐ 360,823 ‐ ‐ ‐ 490,084 ‐ 58,616,921 1,591,470 61,160,209 ‐ 61,160,209
Capital Outlay 4,535,792 541,144 363,137 ‐ ‐ ‐ 99,523,627 5,958,639 ‐ ‐ 110,922,339 ‐ 110,922,339
Depreciation ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 21,616,000 21,616,000 ‐ 21,616,000
Scholarship Distribution ‐ ‐ 1,389,811 ‐ 90,916,789 ‐ ‐ ‐ ‐ ‐ 92,306,601 ‐ 92,306,601
Total Expenses 291,003,043 24,633,078 9,771,362 ‐ 90,758,963 ‐ 94,955,630 (2,994,818) 43,615,838 23,318,503 575,061,599 641,612 575,703,211
Net Revenues/(Expenses) 28,889,150 1,408,569 3,971,842 ‐ 29,803 ‐ (93,093,520) 2,994,818 9,292,731 (23,318,503) (69,825,110) 3,342,507 (66,482,603)
Other Adjustments and Transfers
Debt Principal Payments2
‐ ‐ ‐ ‐ ‐ ‐ 5,453,299 ‐ ‐ 36,040,000 41,493,299 ‐ 41,493,299
Debt Refinancing 41,066 ‐ ‐ (10,363,671) ‐ (41,066) 10,363,671 ‐ ‐ ‐
Capitalization of Assets & CIP2
‐ ‐ ‐ ‐ ‐ ‐ 98,725,356 204,444 ‐ 9,323,071 108,252,870 ‐ 108,252,870
Transfers of Completed Projects ‐ ‐ ‐ ‐ ‐ ‐ (200,305) (11,161,099) ‐ 11,361,404 ‐ ‐ ‐
Transfers of Balances between Funds 2,018,808 ‐ ‐ (11,303,601) ‐ 9,306,468 (21,676) ‐ ‐ ‐
Total Other Adjustments and Transfers 2,059,874 ‐ ‐ ‐ ‐ ‐ 82,311,078 (10,956,655) 9,265,402 67,066,470 149,746,169 ‐ 149,746,169
Beginning Fund Balances 48,499,835 1,673,387 7,889,209 238,698 (29,803) ‐ 18,245,779 9,116,088 66,032,435 266,137,820 417,803,448 (3,342,507) 414,460,940
Ending Fund Balances 79,448,859$ 3,081,956$ 11,861,051$ 238,698$ ‐$ ‐$ 7,463,338$ 1,154,250$ 84,590,568$ 309,885,788$ 497,724,507$ ‐$ 497,724,507$
1
Transfers include student revenue bond payment funds, scholarship matching funds, and transfers to Unexpended Plant and Capital and Technology Funds.
2
Per government accounting practices, items included in the expenses category above are subsequently deducted from YTD expenses shown above and reclassified
as increases or decreases to appropriate asset and liability line items on the balance sheet (page 11).
Statement of Revenues, Expenses and Fund Balances ‐ All Funds
as of July 31, 2017
2
HOUSTON COMMUNITY COLLEGE SYSTEM

5. FY 2017 Adjusted
Budget
Year‐to‐Date Actuals
Thru July 31, 2017
Actuals as a %
of Budget
FY 2016 Adjusted
Budget
Year‐to‐Date Actuals
Thru July 31, 2016
Actuals as a %
of Budget
Year‐to‐Date Actuals
Thru July 31, 2017
Year‐to‐Date Actuals
Thru July 31, 2016
Increase (Decrease)
FY 2017 Compared to
FY 2016
% Increase
(Decrease)
REVENUES
State Appropriations 70,162,214$ 63,610,247$ 90.7% 69,995,427$ 63,495,384$ 90.7% 63,610,247$ 63,495,384$ 114,863$ 0.2%
Ad Valorem Taxes 146,800,000 144,167,227 98.2% 136,000,000 133,015,253 97.8% 144,167,227 133,015,253 11,151,974 8.4%
Tuition & Fees, Net 108,382,000 100,132,960 92.4% 106,250,000 103,729,656 97.6% 100,132,960 103,729,656 (3,596,696) ‐3.5%
Other Local Income 2,500,000 3,476,842 139.1% 2,250,000 3,415,588 151.8% 3,476,842 3,415,588 61,254 1.8%
Tuition & Fees, Net
‐‐ Extended Learning
9,500,000 8,107,494 85.3% 9,500,000 8,299,166 87.4% 8,107,494 8,299,166 (191,672) ‐2.3%
Indirect Cost Revenues (Grants) 620,000 397,422 64.1% 620,000 347,852 56.1% 397,422 347,852 49,570 14.3%
Total Revenues 337,964,214 319,892,192 94.7% 324,615,427 312,302,899 96.2% 319,892,192 312,302,899 7,589,293 2.4%
EXPENSES
Salaries 200,710,602 181,004,183 90.2% 189,117,266 169,924,465 89.9% 181,004,183 169,924,465 11,079,718 6.5%
Employee Benefits 22,128,474 23,141,749 104.6% 21,213,263 21,075,960 99.4% 23,141,749 21,075,960 2,065,789 9.8%
Supplies Gen Exp 6,902,985 5,004,168 72.5% 6,229,371 4,530,568 72.7% 5,004,168 4,530,568 473,600 10.5%
Travel 2,245,623 1,436,069 63.9% 1,675,894 976,920 58.3% 1,436,069 976,920 459,149 47.0%
Marketing Costs 1,003,222 737,405 73.5% 1,485,267 637,959 43.0% 737,405 637,959 99,445 15.6%
Rental & Leases 2,155,911 1,881,258 87.3% 2,433,064 2,197,169 90.3% 1,881,258 2,197,169 (315,911) ‐14.4%
Insurance/Risk Mgmt 6,559,725 5,199,763 79.3% 4,587,482 4,570,897 99.6% 5,199,763 4,570,897 628,866 13.8%
Contract Services 25,801,711 17,774,265 68.9% 24,824,865 19,560,054 78.8% 17,774,265 19,560,054 (1,785,789) ‐9.1%
Utilities 11,256,343 6,639,333 59.0% 10,235,600 7,929,047 77.5% 6,639,333 7,929,047 (1,289,714) ‐16.3%
Other Departmental Expenses 2,559,346 1,757,371 68.7% 2,450,104 1,729,361 70.6% 1,757,371 1,729,361 28,010 1.6%
Instructional & Other Materials 10,462,834 8,478,423 81.0% 9,637,133 8,146,805 84.5% 8,478,423 8,146,805 331,618 4.1%
Maintenance & Repair 1,296,132 821,823 63.4% 1,208,816 748,775 61.9% 821,823 748,775 73,048 9.8%
Transfers/Debt 33,907,068 32,591,441 96.1% 40,937,612 39,421,395 96.3% 32,591,441 39,421,395 (6,829,954) ‐17.3%
Contingency 2,689,054 ‐ 0.0% 2,791,230 ‐ 0.0% ‐ ‐ ‐ 0.0%
Capital Outlay 8,285,184 4,535,792 54.7% 5,788,459 3,130,495 54.1% 4,535,792 3,130,495 1,405,296 44.9%
Total Expenses 337,964,214$ 291,003,043$ 86.1% 324,615,427$ 284,579,873$ 87.7% 291,003,043$ 284,579,873$ 6,423,170 2.3%
NET REVENUE/(EXPENSES) ‐$ 28,889,150$ ‐$ 27,723,026$ 28,889,149$ 27,723,026$ 1,166,123$
HOUSTON COMMUNITY COLLEGE SYSTEM
Comparison to Budget and Previous Fiscal Year
as of July 31, 2017
3
91.7% of Year
Unrestricted Revenues and Expenses
FY 2017 FY 2016
Budget Comparison Previous Year Comparison

6. Main Leasing Misc. Auxiliary*
Foundation Marketing
Bookstore
Commission
International
Student Services
Cafe Club NEO
3100 Main Scholarships
Subtotal
Uncommitted
Revenues 7,935,710$ 568,288$ ‐$ ‐$ 2,796,652$ ‐$ 391,208$ ‐$ 11,691,858$
Expenses
Salaries 299,392 658,141 ‐ ‐ ‐ 345,538 214,134 ‐ 1,517,205
Benefits 58,712 348,859 ‐ ‐ ‐ 84,239 44,782 ‐ 536,592
Supplies Gen Exp 38,470 134,987 71,663 ‐ ‐ ‐ 5,770 ‐ 250,891
Travel 681 27,113 7,471 ‐ ‐ 12,296 ‐ ‐ 47,560
Marketing Costs ‐ 1,447 ‐ 964,960 ‐ ‐ ‐ ‐ 966,407
Rental & Leases 3,778 38,700 ‐ ‐ ‐ ‐ 1,101 ‐ 43,579
Contract Services 516,839 71,373 80,368 ‐ ‐ ‐ 2,905 ‐ 671,485
Utilities 551,103 ‐ ‐ ‐ ‐ ‐ ‐ ‐ 551,103
Departmental Expenses 300 287,046 ‐ 778,972 ‐ 7,490 ‐ ‐ 1,073,808
Instructional & Oth. Materials 445 1,876 ‐ ‐ ‐ ‐ 186,126 ‐ 188,447
Maintenance & Repair 3,770 1,483 ‐ ‐ ‐ ‐ 3,596 ‐ 8,849
Insurance/Risk Mgmt ‐ 364 ‐ ‐ ‐ ‐ ‐ ‐ 364
Scholarship Distribution ‐ ‐ ‐ ‐ ‐ ‐ ‐ 1,389,811 1,389,811
Transfer/Debt 360,823 ‐ ‐ ‐ ‐ ‐ ‐ ‐ 360,823
Capital Outlay 343,914 19,223 ‐ ‐ ‐ ‐ ‐ ‐ 363,137
Total Expenses 2,178,228 1,590,611 159,502 1,743,932 ‐ 449,563 458,413 1,389,811 7,970,060
Contribution to Fund Balance 5,757,481$ (1,022,323)$ (159,502)$ (1,743,932)$ 2,796,652$ (449,563)$ (67,205)$ (1,389,811)$ 3,721,798
25,538,684$ (16,975,895)$ (2,139,698)$ (24,867,927)$ 28,251,330$ (2,463,947)$ (1,657,679)$ (2,066,107)$ 3,618,760
Ending Fund Balance 7,340,557$
*
Expenditures in this category include mailroom, child day care, Minority Male Initiative, Govt. Relation, Mobile Go, etc.
4
Beginning Fund Balance
HOUSTON COMMUNITY COLLEGE SYSTEM
Auxiliary Revenues and Expenses by Fund
as of July 31, 2017
Auxilary Funds ‐ Uncommitted Portion

7. Total
Saigon Tech
Other
International
Initiatives
Subtotal
International
Student
Vending
Commission
Student Activity
Fee
Student
Athletic Fee
Subtotal
Committed Total Auxiliary
Revenues 23,333$ ‐$ 23,333$ 115,500$ 1,052,027$ 860,486$ 2,028,013$ 13,743,204$
Expenses
Salaries ‐ ‐ ‐ 2,350 86,206 295,470 384,026 1,901,231
Benefits ‐ ‐ ‐ ‐ 14,849 79,382 94,232 630,824
Supplies Gen Exp 50 ‐ 50 104,946 526,593 123,675 755,213 1,006,154
Travel 9,005 60,672 69,678 149 51,120 105,485 156,755 273,993
Marketing Costs ‐ ‐ ‐ ‐ ‐ ‐ ‐ 966,407
Rental & Leases ‐ ‐ ‐ ‐ ‐ 27,644 27,644 71,223
Contract Services ‐ ‐ ‐ 14,022 74,423 134,678 223,123 894,607
Utilities ‐ ‐ ‐ ‐ ‐ ‐ ‐ 551,103
Departmental Expenses ‐ ‐ ‐ 24,763 13,784 44,392 82,939 1,156,747
Instructional & Oth. Materials ‐ ‐ ‐ ‐ ‐ ‐ ‐ 188,447
Maintenance & Repair ‐ ‐ ‐ ‐ ‐ ‐ ‐ 8,849
Insurance/Risk Mgmt ‐ ‐ ‐ ‐ 1,239 6,403 7,642 8,006
Scholarship Distribution ‐ ‐ ‐ ‐ ‐ ‐ ‐ 1,389,811
Transfer/Debt ‐ ‐ ‐ ‐ ‐ ‐ ‐ 360,823
Capital Outlay ‐ ‐ ‐ ‐ ‐ ‐ ‐ 363,137
Total Expenses 9,055 60,672 69,728 146,230 768,215 817,129 1,731,574 9,771,362
Contribution to Fund Balance 14,278 (60,672) (46,395) (30,730) 283,812 43,357 296,439 3,971,842
391,768$ (154,092)$ 1,820,093 305,749 957,788 1,186,818 2,450,355 7,889,209
Ending Fund Balance 1,773,699$ 275,019$ 1,241,601$ 1,230,175$ 2,746,794$ 11,861,051$
5
International Committed
Beginning Fund Balance
HOUSTON COMMUNITY COLLEGE SYSTEM
Auxiliary Revenues and Expenses By Fund
as of July 31, 2017
Auxiliary Funds ‐ International and Committed Portions

8. Division
FY 2017 Adjusted
Budget
Actuals as of
July 31, 2017 % Spent
FY 2016 Adjusted
Budget
Actuals as of
July 31, 2016 % Spent
Central College 11,351,183$ 8,867,107$ 78.1% 10,861,829$ 8,513,172$ 78.4%
Northwest College 10,930,680 9,394,585 85.9% 10,535,228 8,752,284 83.1%
Northeast College 14,099,309 12,226,582 86.7% 13,360,318 11,713,348 87.7%
Southwest College 11,509,829 10,014,595 87.0% 11,501,379 9,752,167 84.8%
Southeast College 7,074,676 6,040,348 85.4% 6,887,781 5,633,761 81.8%
Coleman College 14,434,443 12,473,721 86.4% 13,896,840 12,113,320 87.2%
Extended Learning 12,968,665 11,488,145 88.6% 13,059,493 11,021,976 84.4%
Academic Instruction 62,693,620 58,928,480 94.0% 61,151,601 57,378,199 93.8%
Chancellor 20,990,595 16,066,455 76.5% 16,748,853 13,933,569 83.2%
Finance & Administration 64,910,144 51,202,938 78.9% 59,323,371 49,291,872 83.1%
Planning & Institutional Effectiveness 3,813,833 3,087,709 81.0% 4,024,091 3,129,972 77.8%
Instructional Services 23,953,446 21,119,951 88.2% 20,123,541 17,884,628 88.9%
Student Services 7,147,887 5,787,076 81.0% 6,535,805 5,275,909 80.7%
System 72,085,905 64,305,351 89.2% 76,605,298 70,185,698 91.6%
Grand Total 337,964,214$ 291,003,043$ 86.1% 324,615,427$ 284,579,873$ 87.7%
6
HOUSTON COMMUNITY COLLEGE SYSTEM
Unrestricted Adjusted Budgets and Actuals by Division ‐ Summary Comparison
as of July 31, 2017
91.7% of Year

9. Expenses Adjusted Budget Actuals % Spent Adjusted Budget Actuals % Spent Adjusted Budget Actuals % Spent Adjusted Budget Actuals % Spent
Salary 9,316,712$ 7,993,135$ 85.8% 9,512,740$ 8,528,893$ 89.7% 11,927,838$ 10,665,689$ 89.4% 10,510,615$ 9,303,318$ 88.5%
Employee Benefits 28 ‐ 0.0% ‐ ‐ 0.0% ‐ ‐ 0.0% ‐ ‐ 0.0%
Supplies & Gen 250,031 145,061 58.0% 282,692 186,354 65.9% 267,902 165,235 61.7% 354,993 255,520 72.0%
Travel 71,024 39,768 56.0% 118,204 95,001 80.4% 34,036 13,489 39.6% 67,385 63,384 94.1%
Marketing Costs 39,444 13,138 33.3% 20,414 9,022 44.2% ‐ ‐ 0.0% 25,500 15,250 59.8%
Rentals & Leases 2,518 2,416 96.0% 42,467 34,274 80.7% 994,670 959,425 96.5% 128,317 99,154 77.3%
Insurance/Risk Mgmt ‐ ‐ 0.0% 600 ‐ 0.0% ‐ ‐ 0.0% ‐ ‐ 0.0%
Contracted Services 285,484 202,318 70.9% 262,708 186,189 70.9% 74,157 51,037 68.8% 5,752 3,246 56.4%
Utilities 5,550 5,400 97.3% ‐ ‐ 0.0% ‐ ‐ 0.0% 2,193 1,827 83.3%
Other Departmental Expenses 56,813 48,955 86.2% 64,268 38,595 60.1% 51,121 17,231 33.7% 76,598 64,405 84.1%
Instructional And Other Materials 358,013 280,046 78.2% 108,889 80,126 73.6% 273,415 125,223 45.8% 183,436 85,003 46.3%
Maintenance and Repair 132,354 62,396 47.1% 24,126 9,603 39.8% 108,671 44,833 41.3% 13,575 11,740 86.5%
Transfers/Debt ‐ ‐ 0.0% 22,478 22,478 100.0% ‐ ‐ 0.0% ‐ ‐ 0.0%
Contingency 400,466 ‐ 0.0% 1,246 ‐ 0.0% 84,968 ‐ 0.0% 9,294 ‐ 0.0%
Capital Outlay 432,746 74,471 17.2% 469,848 204,051 43.4% 282,531 184,419 65.3% 132,171 111,747 84.5%
Total 11,351,183$ 8,867,107$ 78.1% 10,930,680$ 9,394,585$ 85.9% 14,099,309$ 12,226,582$ 86.7% 11,509,829$ 10,014,595$ 87.0%
7
HOUSTON COMMUNITY COLLEGE SYSTEM
Unrestricted Adjusted Budgets and Actuals by Division and Expense Type
as of July 31, 2017
CENTRAL NORTHWEST NORTHEAST SOUTHWEST
91.7% of Year

10. HOUSTON COMMUNITY COLLEGE SYSTEM
Unrestricted Adjusted Budgets and Actuals by Division and Expense Type
as of July 31, 2017
91.7% of Year
Expenses Adjusted Budget Actuals % Spent Adjusted Budget Actuals % Spent Adjusted Budget Actuals % Spent Adjusted Budget Actuals % Spent
Salary 6,044,332$ 5,514,126$ 91.2% 11,972,850$ 11,362,484$ 94.9% 11,366,397$ 10,453,530$ 92.0% 60,478,135$ 57,284,949$ 94.7%
Employee Benefits ‐ ‐ 0.0% ‐ ‐ 0.0% ‐ ‐ 0.0% ‐ ‐ 0.0%
Supplies & Gen 281,957 189,058 67.1% 421,828 190,453 45.1% 224,342 161,714 72.1% 435,550 298,450 68.5%
Travel 34,052 28,160 82.7% 141,799 38,366 27.1% 82,631 46,996 56.9% 146,703 112,512 76.7%
Marketing Costs 109,346 71,424 65.3% 11,681 2,330 19.9% 269,157 248,836 92.5% 23,298 17,002 73.0%
Rentals & Leases 30,375 28,816 94.9% 496,324 416,380 83.9% 19,817 13,850 69.9% 9,339 6,259 67.0%
Insurance/Risk Mgmt ‐ ‐ 0.0% 126 ‐ 0.0% ‐ ‐ 0.0% 1,268 1,043 82.3%
Contracted Services 89,343 45,253 50.7% 298,579 84,278 28.2% 105,860 68,980 65.2% 318,895 261,425 82.0%
Utilities ‐ ‐ 0.0% 500 490 98.0% ‐ ‐ 0.0% ‐ ‐ 0.0%
Other Departmental Expenses 33,396 16,928 50.7% 119,158 33,073 27.8% 59,651 37,015 62.1% 71,968 59,442 82.6%
Instructional And Other Materials 159,401 64,994 40.8% 524,827 244,343 46.6% 587,728 346,916 59.0% 833,955 631,431 75.7%
Maintenance and Repair 24,692 3,700 15.0% 67,718 28,786 42.5% 125,403 103,967 82.9% 16,090 6,607 41.1%
Transfers/Debt ‐ ‐ 0.0% ‐ ‐ 0.0% ‐ ‐ 0.0% ‐ ‐ 0.0%
Contingency 77,729 ‐ 0.0% 175,830 ‐ 0.0% 102,130 ‐ 0.0% 22,171 ‐ 0.0%
Capital Outlay 190,053 77,890 41.0% 203,223 72,738 35.8% 25,549 6,342 24.8% 336,248 249,360 74.2%
Total 7,074,676$ 6,040,348$ 85.4% 14,434,443$ 12,473,721$ 86.4% 12,968,665$ 11,488,145$ 88.6% 62,693,620$ 58,928,480$ 94.0%
8
SOUTHEAST COLEMAN EXTENDED LEARNING ACADEMIC INSTRUCTION

11. Expenses Adjusted Budget Actuals % Spent Adjusted Budget Actuals % Spent Adjusted Budget Actuals % Spent Adjusted Budget Actuals % Spent
Salary 7,965,730$ 6,491,658$ 81.5% 32,997,266$ 28,431,317$ 86.2% 3,132,849$ 2,548,065$ 81.3% 19,640,254$ 18,312,724$ 93.2%
Employee Benefits ‐ ‐ 0.0% ‐ ‐ 0.0% 11,571 10,562 91.3% ‐ ‐ 0.0%
Supplies & Gen 575,529 676,111 117.5% 1,093,345 788,717 72.1% 130,873 111,237 85.0% 686,166 489,073 71.3%
Travel 263,557 170,506 64.7% 280,645 181,913 64.8% 76,253 55,011 72.1% 831,682 525,792 63.2%
Marketing Costs 372,898 266,863 71.6% 124,149 91,509 73.7% 3,335 335 10.0% 4,000 1,695 42.4%
Rentals & Leases 59,493 40,671 68.4% 268,306 202,225 75.4% 70,890 60,674 85.6% 27,995 12,646 45.2%
Insurance/Risk Mgmt 6,556,149 5,198,101 79.3% ‐ ‐ 0.0% ‐ ‐ 0.0% 1,582 799 50.5%
Contracted Services 3,800,385 2,481,955 65.3% 15,155,025 10,384,312 68.5% 75,929 63,851 84.1% 1,425,915 849,284 59.6%
Utilities ‐ ‐ 0.0% 1,765,227 1,227,389 69.5% ‐ ‐ 0.0% 94 ‐ 0.0%
Other Departmental Expenses 730,543 483,724 66.2% 441,400 288,291 65.3% 124,149 96,087 77.4% 560,509 464,190 82.8%
Instructional And Other Materials 85,959 33,779 39.3% 6,154,810 5,825,279 94.6% 62,923 32,848 52.2% 750,356 446,693 59.5%
Maintenance and Repair 17,860 10,435 58.4% 760,205 536,990 70.6% 4,138 1,788 43.2% 150 ‐ 0.0%
Transfers/Debt 200,000 11,375 5.7% 43,591 42,122 96.6% ‐ ‐ 0.0% ‐ ‐ 0.0%
Contingency 121,100 ‐ 0.0% 23,264 ‐ 0.0% 4,189 ‐ 0.0% 7,647 ‐ 0.0%
Capital Outlay 241,392 201,277 83.4% 5,802,911 3,202,872 55.2% 116,734 107,252 91.9% 17,096 17,055 99.8%
Total 20,990,595$ 16,066,455$ 76.5% 64,910,144$ 51,202,938$ 78.9% 3,813,833$ 3,087,709$ 81.0% 23,953,446$ 21,119,951$ 88.2%
HOUSTON COMMUNITY COLLEGE SYSTEM
Unrestricted Adjusted Budgets and Actuals by Division and Expense Type
as of July 31, 2017
CHANCELLOR FINANCE & ADMINISTRATION PLANNING & INSTITUTIONAL EFFECTIVENESS INSTRUCTIONAL SERVICES
9
91.7% of Year

12. HOUSTON COMMUNITY COLLEGE SYSTEM
Unrestricted Adjusted Budgets and Actuals by Division and Expense Type
as of July 31, 2017
91.7% of Year
Expenses Adjusted Budget Actuals % Spent Adjusted Budget Actuals % Spent Adjusted Budget Actuals % Spent
Salary 4,972,290$ 4,114,296$ 82.7% 872,595$ ‐$ 0.0% 200,710,602$ 181,004,183$ 90.2%
Employee Benefits ‐ ‐ 0.0% 22,116,875 23,131,187 104.6% 22,128,474 23,141,749 104.6%
Supplies & Gen 310,193 263,765 85.0% 1,587,584 1,083,421 68.2% 6,902,985 5,004,168 72.5%
Travel 97,652 65,171 66.7% ‐ ‐ 0.0% 2,245,623 1,436,069 63.9%
Marketing Costs ‐ ‐ 0.0% ‐ ‐ 0.0% 1,003,222 737,405 73.5%
Rentals & Leases 5,400 4,467 82.7% ‐ ‐ 0.0% 2,155,911 1,881,258 87.3%
Insurance/Risk Mgmt ‐ ‐ 0.0% ‐ (180) 0.0% 6,559,725 5,199,763 79.3%
Contracted Services 1,177,626 920,906 78.2% 2,726,053 2,171,231 79.6% 25,801,711 17,774,265 68.9%
Utilities ‐ ‐ 0.0% 9,482,779 5,404,227 57.0% 11,256,343 6,639,333 59.0%
Other Departmental Expenses 169,772 109,435 64.5% ‐ ‐ 0.0% 2,559,346 1,757,371 68.7%
Instructional And Other Materials 379,122 281,742 74.3% ‐ ‐ 0.0% 10,462,834 8,478,423 81.0%
Maintenance and Repair 1,150 977 84.9% ‐ ‐ 0.0% 1,296,132 821,823 63.4%
Transfers/Debt ‐ ‐ 0.0% 33,640,999 32,515,465 96.7% 33,907,068 32,591,441 96.1%
Contingency ‐ ‐ 0.0% 1,659,020 ‐ 0.0% 2,689,054 ‐ 0.0%
Capital Outlay 34,682 26,317 75.9% ‐ ‐ 0.0% 8,285,184 4,535,792 54.7%
Total 7,147,887$ 5,787,076$ 81.0% 72,085,905$ 64,305,351$ 89.2% 337,964,214$ 291,003,043$ 86.1%
10
STUDENT SERVICES SYSTEM GRAND TOTAL

13.
CURRENT &
LOAN FUNDS1
PLANT & BOND
FUNDS2
TOTAL ALL FUNDS
PRIOR YEAR
TOTAL ALL FUNDS
ASSETS
Current Assets:
Cash & cash equivalents 58,486,483$ 41,490,384$ 99,976,868$ 169,377,501$
Restricted cash & cash equivalents 997,027 ‐ 997,027 1,402,589
Accounts receivable (net) 29,192,695 2,416,066 31,608,761 31,457,528
Deferred charges 1,186,236 ‐ 1,186,236 1,053,446
Prepaids 2,238,920 ‐ 2,238,920 2,638,886
Total Current Assets 92,101,362 43,906,450 136,007,812 205,929,949
Non‐current Assets:
Restricted cash & cash equivalents ‐ 83,866,523 83,866,523 152,468,638
Restricted long‐term investments ‐ 16,130,272 16,130,272 73,893,516
Long‐term investments 120,331,785 ‐ 120,331,785 27,452,232
Deferred outflows of resources: pension 30,600,609 ‐ 30,600,609 11,299,015
Advance funding valuation outflows ‐ 9,252,957 9,252,957 7,936,830
Capital assets, net 1,124,691 1,167,669,796 1,168,794,487 1,047,958,548
Total Non‐current Assets 152,057,085 1,276,919,548 1,428,976,633 1,321,008,777
Total Assets 244,158,447$ 1,320,825,999$ 1,564,984,445$ 1,526,938,726$
LIABILITIES
Current Liabilities:
Accounts payable 7,296,221 4,527,671 11,823,893 11,377,358
Accrued liabilities 4,312,306 1,208,820 5,521,126 3,817,637
Compensated absences 2,919,816 ‐ 2,919,816 2,526,083
Funds held for others 707,466 189,209 896,675 893,341
Deferred revenue 27,695,181 188,569 27,883,751 25,543,277
Notes payable‐current portion ‐ 8,870,000 8,870,000 9,143,299
Bonds payable‐current portion ‐ 27,665,000 27,665,000 25,625,000
Total Current Liabilities 42,930,989 42,649,270 85,580,259 78,925,996
Non‐current Liabilities:
Deposits 440 ‐ 440 ‐
Net pension liability 78,185,706 ‐ 78,185,706 67,428,372
Deferred inflows of resources: pension 28,410,749 ‐ 28,410,749 20,626,539
Advance funding valuation inflows ‐ 2,618,052 2,618,052 722,950
Notes payable ‐ 134,604,349 134,604,349 143,468,465
Bonds payable ‐ 737,860,382 737,860,382 729,860,307
Capital lease obligations ‐ ‐ ‐ 45,805,503
Total Non‐current Liabilities 106,596,895 875,082,784 981,679,679 1,007,912,137
Total Liabilities 149,527,884$ 917,732,054$ 1,067,259,938$ 1,086,838,133$
Beginning Fund Balances 58,271,325 359,532,124 417,803,449 367,119,430
Net Revenue/(Expenses)
Unrestricted 34,920,866 ‐ 34,920,866 27,476,357
Restricted 1,438,372 ‐ 1,438,372 (1,196,433)
Net Investment in Plant 43,561,820 43,561,820 46,701,241
Ending Fund Balances 94,630,562$ 403,093,944$ 497,724,507$ 440,100,595$
Total Liabilities & Fund Balances 244,158,447$ 1,320,825,999$ 1,564,984,445$ 1,526,938,726$
1
Includes Unrestricted, Restricted, Loan & Endowment, Scholarship, Agency and Auxiliary Funds.
2
Includes Unexpended Plant, Retirement of Debt and Investment in Plant Funds.
HOUSTON COMMUNITY COLLEGE SYSTEM
Balance Sheet by Fund
For Month Ended July 31, 2017
11
(Excludes PFC)

14. FY 2016 FY 2017
Budget:
Adjusted Budget, Net 58,528,428$ 58,528,428$ 60,139,700$
Revenues:
Tuition 62,257,437 62,921,816 62,662,143
Waivers & Exemptions:
Dual Credit & Early College HS (5,302,212) (5,301,869) (8,184,362)
Other (1,440,396) (1,437,615) (1,495,585)
Total Waivers & Exemptions (6,742,608) (6,739,484) (9,679,947)
Total Tuition Revenue, Net 55,514,829$ 56,182,332$ 52,982,196$
Budget:
Adjusted Budget, Net 9,500,000$ 9,500,000$ 9,500,000$
Revenues:
Tuition 9,993,511 9,782,605 10,186,558
Waivers & Exemptions:
Department of Corrections (1,649,039) (1,483,439) (2,079,064)
Total EL Tuition Revenue, Net 8,344,472$ 8,299,166$ 8,107,494$
FY 2016 FY 2017
Dept of Corrections 1,649,039$ 1,483,439$ 2,079,064$ 40.2%
Dual Credit & Early College HS Waiver 5,302,212 5,301,869 8,184,362 54.4%
Other Exemptions:
Employee Fee Exemptions 59,220 59,037 52,854 ‐10.5%
Firemen 10,035 10,035 21,115 110.4%
Hazelwood 792,654 789,422 864,946 9.6%
Deaf & Blind 203,182 203,182 201,875 ‐0.6%
High Ranking Hi SCH Grad 1,519 1,519 2,904 91.2%
Child of Disabled Vet ETC 3,459 3,459 ‐ ‐100.0%
Emp of State Coll & Univ 2,372 2,372 1,593 ‐32.8%
Nonres Teach/Research Asst 965 965 1,947 101.8%
Nonres Competitive Scholar 39,206 39,206 35,904 ‐8.4%
Senior Citizens 12,315 12,379 13,144 6.2%
Foster Children‐Resident 160,182 160,182 104,238 ‐34.9%
Fire Academy Waiver (15) (15) ‐ ‐100.0%
Undocumented Students 1,859 1,859 2,036 9.5%
TX Tomorrow Waiver 1,792 1,792 5,567 210.7%
Surviving Spouse/Children 2,942 2,942 4,768 62.1%
Nursing Preceptors ‐ ‐ 500 0.0%
Peace Officer Exemption 1,359 1,929 5,130 165.9%
Adopted Student Waiver 147,100 147,100 176,689 20.1%
Student Diversity Award 250 250 250 0.0%
Books ‐ ‐ 125 0.0%
Total Other Exemptions 1,440,396 1,437,615 1,495,585 4.0%
Grand Total Exemptions & Waivers 8,391,647$ 8,222,923$ 11,759,011$ 43.0%
Year‐to‐Date
Activity thru
7/31/2017
HOUSTON COMMUNITY COLLEGE SYSTEM
12
Actuals %
Inc/(Dec)YTD
vs. PriorYTD
Exemptions and Waivers Detail
Through July 31, 2017
End of Year
Activity
8/31/2016
Year‐to‐Date
Activity thru
7/31/2016
Year‐to‐Date
Activity thru
7/31/2017
Tuition
Tuition ‐ Extended Learning (EL)
Exemptions & Waivers
End of Year
Activity
8/31/2016
Year‐to‐Date
Activity thru
7/31/2016