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.

1. Summary Operating Statements
For the Period
September 1, 2017 ‐ November 30, 2017
For the Meeting of the Board of Trustees ‐ January 11, 2018
for
Houston Community College System

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, 2017 ‐ November 30, 2017
Houston Community College System
Revenues, Expenses and Fund
Balances

3. 1
HOUSTON COMMUNITY COLLEGE SYSTEM
Summary of Financial Statements
As of November 30, 2017
In the Unrestricted Fund as of November 30, 2017, total revenue is $85.4 million. This
represents 24.5% of budgeted annual revenues of $348.3 million. Expenses total $77.8 million
to date; which is 22.3% of the total expense budget of $348.3 million. Compared with the same
period last year, revenues are lower by 1% and expenses are higher by 7.5%. Actual net
revenue is $7.7 million to date. Revenues and expenses are expected to fall within budget by
year end.
Salaries increased 4.5% due primarily to the final adjustment for the compensation study
alignment and an across the board salary increase of 2% for full‐time employees. Several line
item expenses (benefits, insurance, etc.) have variances due to timing differences in recording
transactions from year to year, and will normalize as the year progresses.
Interest expense for the month totaled $3,147,909.

4. Unrestricted Restricted Auxiliary Loans Scholarship
Unexpended
Plant
Capital and
Technology
Retirement of
Debt
Investment in
Plant Total
Revenues $ 85,420,361 $ 7,163,470 $ 4,088,525 $ ‐ $ 44,455,502 $ 539,346 $ ‐ $ 3,647,471 $ ‐ $ 145,314,674
Expenses
Salaries 54,917,795 1,628,479 526,702 ‐ 239,495 85,284 ‐ ‐ ‐ 57,397,754
Employee Benefits 7,102,919 3,528,562 265,913 ‐ ‐ 18,181 ‐ ‐ ‐ 10,915,574
Supplies & General Expense 963,769 23,501 182,265 ‐ ‐ 3,356 ‐ ‐ ‐ 1,172,891
Travel 297,884 19,871 45,190 ‐ ‐ ‐ ‐ ‐ ‐ 362,945
Marketing Costs 89,310 7,625 381,481 ‐ ‐ ‐ ‐ ‐ ‐ 478,416
Rentals & Leases 453,313 9,782 11,682 ‐ ‐ 2,461 ‐ ‐ ‐ 477,239
Insurance/Risk Mgmt. 2,223,327 600 1,659 ‐ ‐ ‐ ‐ ‐ ‐ 2,225,586
Contracted Services 2,433,471 417,335 182,198 ‐ ‐ 15,306 ‐ 65,076 ‐ 3,113,386
Utilities 1,526,241 ‐ 90,301 ‐ ‐ ‐ ‐ ‐ ‐ 1,616,542
Other Departmental Expenses 381,843 9,886 73,660 ‐ ‐ ‐ ‐ ‐ ‐ 465,389
Instructional and Other Materials 4,569,860 62,209 40,870 ‐ ‐ ‐ ‐ ‐ ‐ 4,672,939
Maintenance and Repair 188,309 115,320 1,300 ‐ 84,255 ‐ ‐ ‐ ‐ 389,184
Transfers (In)/Out1
2,068,510 ‐ ‐ ‐ (1,588,683) 550,000 (6,100,000) 5,070,173 ‐ ‐
Debt 9,850 ‐ ‐ ‐ ‐ ‐ ‐ 4,396,342 ‐ 4,406,192
Capital Outlay 537,789 75,352 ‐ ‐ ‐ 7,305,375 1,110,047 ‐ ‐ 9,028,563
Depreciation ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 6,793,692 6,793,692
Scholarship Distribution ‐ ‐ 1,231,282 ‐ 45,798,240 ‐ ‐ ‐ ‐ 47,029,522
Total Expenses 77,764,190 5,898,521 3,034,503 ‐ 44,533,307 7,979,963 (4,989,953) 9,531,591 6,793,692 150,545,815
Net Revenues/(Expenses) 7,656,171 1,264,948 1,054,021 ‐ (77,806) (7,440,616) 4,989,953 (5,884,120) (6,793,692) (5,231,142)
Other Adjustments and Transfers
Debt Principal Payments2
‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐
Debt Refinancing ‐ ‐ ‐ ‐ ‐ ‐ 3,120,000 3,120,000
Capitalization of Assets & CIP2
‐ ‐ ‐ ‐ ‐ 6,098,541 186,779 ‐ 3,196,384 9,481,704
Transfers of Completed Projects ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐
Transfers of Balances between Funds ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐
Total Other Adjustments and Transfers ‐ ‐ ‐ ‐ ‐ 6,098,541 186,779 ‐ 6,316,384 12,601,704
Beginning Fund Balances, Unaudited 53,551,172 384,866 10,511,114 238,698 271,267 561,791 8,787,305 73,004,040 319,151,783 466,462,035
Ending Fund Balances 61,207,342$ 1,649,815$ 11,565,136$ 238,698$ 193,461$ (780,284)$ 13,964,036$ 67,119,920$ 318,674,475$ 473,832,599$
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 November 30, 2017
2
HOUSTON COMMUNITY COLLEGE SYSTEM

5. FY 2018 Adjusted
Budget
Year‐to‐Date Actuals
Thru November 30,
2017
Actuals as a %
of Budget
FY 2017 Adjusted
Budget
Year‐to‐Date Actuals
Thru November 30,
2016
Actuals as a %
of Budget
Year‐to‐Date Actuals
Thru November 30,
2017
Year‐to‐Date Actuals
Thru November 30,
2016
Increase (Decrease)
FY 2017 Compared to
FY 2016
% Increase
(Decrease)
REVENUES
State Appropriations 68,108,943$ 22,826,171$ 33.5% 70,162,214$ 23,504,344$ 33.5% 22,826,171$ 23,504,344$ (678,173)$ ‐2.9%
Ad Valorem Taxes 159,089,000 2,663,252 1.7% 146,800,000 1,689,188 1.2% 2,663,252 1,689,188 974,064 57.7%
Tuition & Fees, Net 106,757,000 56,085,728 52.5% 108,382,000 57,136,559 52.7% 56,085,728 57,136,559 (1,050,831) ‐1.8%
Other Local Income 4,200,000 785,721 18.7% 2,500,000 688,957 27.6% 785,721 688,957 96,764 14.0%
Tuition & Fees, Net
‐‐ Extended Learning
9,500,000 2,912,973 30.7% 9,500,000 3,166,699 33.3% 2,912,973 3,166,699 (253,727) ‐8.0%
Indirect Cost Revenues (Grants) 600,000 146,517 24.4% 620,000 119,165 19.2% 146,517 119,165 27,351 23.0%
Total Revenues 348,254,943 85,420,361 24.5% 337,964,214 86,304,913 25.5% 85,420,362 86,304,913 (884,552) ‐1.0%
EXPENSES
Salaries 215,558,291 54,917,795 25.5% 205,683,480 52,528,899 25.5% 54,917,795 52,528,899 2,388,897 4.5%
Employee Benefits 22,828,677 7,102,919 31.1% 22,116,875 6,611,409 29.9% 7,102,919 6,611,409 491,509 7.4%
Supplies Gen Exp 6,410,847 963,769 15.0% 6,141,998 946,727 15.4% 963,769 946,727 17,041 1.8%
Travel 2,381,362 297,884 12.5% 2,342,615 318,954 13.6% 297,884 318,954 (21,070) ‐6.6%
Marketing Costs 919,086 89,310 9.7% 1,037,191 134,067 12.9% 89,310 134,067 (44,757) ‐33.4%
Rental & Leases 2,153,732 453,313 21.0% 2,475,748 431,995 17.4% 453,313 431,995 21,318 4.9%
Insurance/Risk Mgmt 5,885,848 2,223,327 37.8% 5,826,348 2,302,177 39.5% 2,223,327 2,302,177 (78,849) ‐3.4%
Contract Services 26,468,903 2,433,471 9.2% 24,012,980 1,189,293 5.0% 2,433,471 1,189,293 1,244,179 104.6%
Utilities 10,618,140 1,526,241 14.4% 11,261,576 1,583,120 14.1% 1,526,241 1,583,120 (56,879) ‐3.6%
Other Departmental Expenses 2,298,966 381,843 16.6% 2,248,672 383,567 17.1% 381,843 383,567 (1,724) ‐0.4%
Instructional & Other Materials 10,432,267 4,569,860 43.8% 10,557,659 2,245,155 21.3% 4,569,860 2,245,155 2,324,706 103.5%
Maintenance & Repair 1,638,749 188,309 11.5% 1,258,057 105,378 8.4% 188,309 105,378 82,931 78.7%
Transfers/Debt 31,100,756 2,078,360 6.7% 33,892,313 3,467,048 10.2% 2,078,360 3,467,048 (1,388,688) ‐40.1%
Contingency 3,111,187 ‐ 0.0% 4,332,050 ‐ 0.0% ‐ ‐ ‐ 0.0%
Capital Outlay 6,448,132 537,789 8.3% 4,776,652 95,526 2.0% 537,789 95,526 442,263 463.0%
Total Expenses 348,254,943$ 77,764,190$ 22.3% 337,964,214$ 72,343,312$ 21.4% 77,764,190$ 72,343,312$ 5,420,878 7.5%
NET REVENUE/(EXPENSES) ‐$ 7,656,171$ ‐$ 13,961,601$ 7,656,171$ 13,961,601$ (6,305,429)$
HOUSTON COMMUNITY COLLEGE SYSTEM
Comparison to Budget and Previous Fiscal Year
as of November 30, 2017
3
25% of Year
Unrestricted Revenues and Expenses
FY 2018 Adjusted Budget FY 2017 Adjusted Budget
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 1,557,278$ 146,467$ ‐$ ‐$ 980,100$ ‐$ 105,858$ 145,000$ 2,934,703$
Expenses
Salaries 86,442 160,664 ‐ ‐ ‐ 102,479 67,657 6,000 423,243
Employee Benefits 17,070 60,052 ‐ ‐ ‐ 23,313 14,697 124,750 239,881
Supplies Gen Exp 11,036 20,198 10,415 ‐ ‐ ‐ 553 ‐ 42,202
Travel ‐ 3,434 1,234 ‐ ‐ 4,269 ‐ ‐ 8,936
Marketing Costs ‐ ‐ ‐ 381,481 ‐ ‐ ‐ ‐ 381,481
Rental & Leases 1,191 480 ‐ ‐ ‐ ‐ ‐ ‐ 1,671
Contract Services 132,643 4,781 1,965 ‐ ‐ ‐ 607 ‐ 139,995
Utilities 88,451 ‐ ‐ ‐ ‐ ‐ 1,850 ‐ 90,301
Other Dept. Expenses ‐ 54,339 ‐ ‐ ‐ 5,988 ‐ ‐ 60,327
Instructional & Oth. Materials ‐ ‐ ‐ ‐ ‐ ‐ 40,870 ‐ 40,870
Maintenance & Repair ‐ ‐ ‐ ‐ ‐ ‐ 1,300 ‐ 1,300
Insurance/Risk Mgmt. ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐
Scholarship Distribution ‐ ‐ ‐ ‐ ‐ ‐ ‐ 1,231,282 1,231,282
Transfer/Debt ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐
Capital Outlay ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐
Total Expenses 336,833 303,948 13,613 381,481 ‐ 136,048 127,533 1,362,032 2,661,489
Contribution to Fund Balance 1,220,445$ (157,482)$ (13,613)$ (381,481)$ 980,100$ (136,048)$ (21,675)$ (1,217,032)$ 273,215
Transfer to Scholarships Fund ‐ ‐ ‐ ‐ ‐ ‐ ‐ 150,000 150,000
30,551,982$ (18,146,923)$ (2,312,545)$ (26,762,555)$ 31,047,982$ (2,964,275)$ (1,743,496)$ (3,442,439)$ 6,227,731
Ending Fund Balance 6,650,945$
*
Expenditures in this category include mailroom, child day care, Minority Male Initiative, Government Relations, Mobile Go, etc.
4
Beginning Fund Balance, Unaudited
HOUSTON COMMUNITY COLLEGE SYSTEM
Auxiliary Revenues and Expenses by Fund
as of November 30, 2017
Auxiliary 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 93,332$ ‐$ 93,332$ 21,000$ 591,558$ 447,932$ 1,060,490$ 4,088,525$
Expenses
Salaries ‐ ‐ ‐ ‐ 21,186 82,274 103,460 526,702
Employee Benefits ‐ ‐ ‐ ‐ 4,050 21,982 26,032 265,913
Supplies Gen Exp 52 ‐ 52 24,886 81,938 33,187 140,011 182,265
Travel 392 8,662 9,055 176 5,541 21,482 27,199 45,190
Marketing Costs ‐ ‐ ‐ ‐ ‐ ‐ ‐ 381,481
Rental & Leases ‐ ‐ ‐ ‐ ‐ 10,011 10,011 11,682
Contract Services ‐ ‐ ‐ ‐ 15,922 26,280 42,202 182,198
Utilities ‐ ‐ ‐ ‐ ‐ ‐ ‐ 90,301
Other Dept. Expenses ‐ ‐ ‐ ‐ 489 12,845 13,333 73,660
Instructional & Oth. Materials ‐ ‐ ‐ ‐ ‐ ‐ ‐ 40,870
Maintenance & Repair ‐ ‐ ‐ ‐ ‐ ‐ ‐ 1,300
Insurance/Risk Mgmt. ‐ ‐ ‐ ‐ 273 1,386 1,659 1,659
Scholarship Distribution ‐ ‐ ‐ ‐ ‐ ‐ ‐ 1,231,282
Transfer/Debt ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐
Capital Outlay ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐
Total Expenses 444 8,662 9,107 25,062 129,399 209,447 363,908 3,034,503
Contribution to Fund Balance 92,888 (8,662) 84,225 (4,062) 462,159 238,485 696,582 1,054,021
Transfer to Scholarships Fund (150,000) ‐ (150,000) ‐ ‐ ‐ ‐ ‐
452,006$ (214,764)$ 1,819,659 254,913 1,125,055 1,083,757 2,463,725 10,511,114
Ending Fund Balance 1,753,884$ 250,851$ 1,587,214$ 1,322,241$ 3,160,306$ 11,565,136$
5
International Committed
Beginning Fund Balance, Unaudited
HOUSTON COMMUNITY COLLEGE SYSTEM
Auxiliary Revenues and Expenses By Fund
as of November 30, 2017
Auxiliary Funds ‐ International and Committed Portions

8. Division
FY 2018 Adjusted
Budget
Actuals as of
November 30,
2017 % Spent
FY 2017 Adjusted
Budget
Actuals as of
November 30,
2016 % Spent
Central College 10,769,868$ 2,552,066$ 23.7% 11,717,373$ 2,402,090$ 20.5%
Northwest College 10,695,469 2,496,983 23.3% 11,045,440 2,521,916 22.8%
Northeast College 14,331,708 3,193,544 22.3% 14,862,969 3,365,152 22.6%
Southwest College 11,713,062 2,925,835 25.0% 12,207,993 2,825,189 23.1%
Southeast College 6,569,083 1,564,013 23.8% 7,173,374 1,599,110 22.3%
Coleman College 16,017,363 3,396,003 21.2% 15,586,907 3,396,018 21.8%
Extended Learning 13,649,392 3,253,684 23.8% 13,510,727 3,161,757 23.4%
Academic Instruction 66,580,982 18,943,559 28.5% 62,492,813 17,940,542 28.7%
Chancellor 20,684,008 4,695,135 22.7% 20,344,864 4,760,868 23.4%
Finance & Administration 66,627,454 14,797,943 22.2% 62,862,484 10,409,785 16.6%
Planning & Institutional Effectiveness 4,594,457 870,557 18.9% 4,076,858 753,200 18.5%
Instructional Services 23,659,945 6,330,025 26.8% 22,727,746 6,010,508 26.4%
Student Services 8,235,259 1,510,026 18.3% 7,440,788 1,329,944 17.9%
System 74,126,893 11,234,818 15.2% 71,913,878 11,867,234 16.5%
Grand Total 348,254,943$ 77,764,190$ 22.3% 337,964,214$ 72,343,313$ 21.4%
6
HOUSTON COMMUNITY COLLEGE SYSTEM
Unrestricted Adjusted Budgets and Actuals by Division ‐ Summary Comparison
as of November 30, 2017
25% of Year

9. Expenses Adjusted Budget Actuals % Spent Adjusted Budget Actuals % Spent Adjusted Budget Actuals % Spent Adjusted Budget Actuals % Spent
Salary 9,666,168$ 2,407,398$ 24.9% 9,446,805$ 2,341,519$ 24.8% 12,132,037$ 2,895,904$ 23.9% 10,747,373$ 2,784,424$ 25.9%
Employee Benefits ‐ ‐ 0.0% ‐ ‐ 0.0% ‐ ‐ 0.0% ‐ ‐ 0.0%
Supplies & Gen 193,682 21,702 11.2% 250,428 42,035 16.8% 221,144 30,592 13.8% 432,563 81,248 18.8%
Travel 47,223 3,771 8.0% 117,043 17,640 15.1% 40,135 3,308 8.2% 54,709 13,951 25.5%
Marketing Costs 20,205 2,500 12.4% 32,776 3,094 9.4% ‐ ‐ 0.0% 2,690 ‐ 0.0%
Rentals & Leases 2,968 1,060 35.7% 44,582 16,895 37.9% 997,456 224,795 22.5% 140,575 16,527 11.8%
Insurance/Risk Mgmt ‐ ‐ 0.0% ‐ ‐ 0.0% ‐ ‐ 0.0% ‐ ‐ 0.0%
Contracted Services 280,755 48,566 17.3% 250,953 40,809 16.3% 175,096 16,660 9.5% 13,386 673 5.0%
Utilities 5,550 ‐ 0.0% ‐ ‐ 0.0% ‐ ‐ 0.0% 1,826 365 20.0%
Other Departmental Expenses 58,801 14,119 24.0% 76,245 17,265 22.6% 68,380 4,693 6.9% 55,264 12,456 22.5%
Instructional And Other Materials 316,364 49,421 15.6% 73,733 12,604 17.1% 239,378 13,350 5.6% 173,119 12,916 7.5%
Maintenance and Repair 106,263 3,529 3.3% 41,661 3,924 9.4% 154,617 4,242 2.7% 16,815 2,092 12.4%
Transfers/Debt ‐ ‐ 0.0% 22,478 ‐ 0.0% ‐ ‐ 0.0% ‐ ‐ 0.0%
Contingency 37,500 ‐ 0.0% 168,084 ‐ 0.0% 34,250 ‐ 0.0% 50,000 ‐ 0.0%
Capital Outlay 34,389 ‐ 0.0% 170,681 1,199 0.7% 269,215 ‐ 0.0% 24,742 1,183 4.8%
Total 10,769,868$ 2,552,066$ 23.7% 10,695,469$ 2,496,983$ 23.3% 14,331,708$ 3,193,544$ 22.3% 11,713,062$ 2,925,835$ 25.0%
7
HOUSTON COMMUNITY COLLEGE SYSTEM
Unrestricted Adjusted Budgets and Actuals by Division and Expense Type
as of November 30, 2017
CENTRAL NORTHWEST NORTHEAST SOUTHWEST
25% of Year

10. HOUSTON COMMUNITY COLLEGE SYSTEM
Unrestricted Adjusted Budgets and Actuals by Division and Expense Type
as of November 30, 2017
25% of Year
Expenses Adjusted Budget Actuals % Spent Adjusted Budget Actuals % Spent Adjusted Budget Actuals % Spent Adjusted Budget Actuals % Spent
Salary 5,613,875$ 1,486,325$ 26.5% 13,628,658$ 3,139,031$ 23.0% 12,034,818$ 3,044,581$ 25.3% 63,829,128$ 18,518,519$ 29.0%
Employee Benefits ‐ ‐ 0.0% ‐ ‐ 0.0% ‐ ‐ 0.0% ‐ ‐ 0.0%
Supplies & Gen 252,984 32,522 12.9% 300,924 31,150 10.4% 190,293 33,393 17.5% 467,833 69,744 14.9%
Travel 78,919 360 0.5% 160,868 13,887 8.6% 109,203 24,043 22.0% 216,936 19,153 8.8%
Marketing Costs 88,614 5,531 6.2% 7,500 ‐ 0.0% 269,157 52,951 19.7% 26,892 275 1.0%
Rentals & Leases 4,393 9,394 213.9% 515,103 107,653 20.9% 21,540 5,086 23.6% 15,160 1,790 11.8%
Insurance/Risk Mgmt ‐ ‐ 0.0% 126 ‐ 0.0% ‐ ‐ 0.0% 2,011 ‐ 0.0%
Contracted Services 112,803 2,187 1.9% 411,467 43,654 10.6% 152,200 3,688 2.4% 308,297 181,678 58.9%
Utilities ‐ ‐ 0.0% ‐ ‐ 0.0% ‐ ‐ 0.0% ‐ ‐ 0.0%
Other Departmental Expenses 84,390 2,826 3.3% 169,923 6,505 3.8% 61,688 8,002 13.0% 113,269 33,749 29.8%
Instructional And Other Materials 91,987 12,782 13.9% 474,161 52,677 11.1% 652,491 53,860 8.3% 828,763 108,085 13.0%
Maintenance and Repair 48,601 4,086 8.4% 63,380 1,352 2.1% 126,403 25,662 20.3% 58,953 5,772 9.8%
Transfers/Debt ‐ ‐ 0.0% ‐ ‐ 0.0% ‐ ‐ 0.0% ‐ ‐ 0.0%
Contingency 37,500 ‐ 0.0% 50,000 ‐ 0.0% ‐ ‐ 0.0% ‐ ‐ 0.0%
Capital Outlay 155,017 8,000 5.2% 235,253 95 0.0% 31,599 2,418 7.7% 713,740 4,794 0.7%
Total 6,569,083$ 1,564,013$ 23.8% 16,017,363$ 3,396,003$ 21.2% 13,649,392$ 3,253,684$ 23.8% 66,580,982$ 18,943,559$ 28.5%
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 8,696,723$ 1,858,769$ 21.4% 38,269,397$ 8,570,426$ 22.4% 3,917,012$ 756,236$ 19.3% 20,079,977$ 5,948,293$ 29.6%
Employee Benefits ‐ ‐ 0.0% ‐ ‐ 0.0% 11,802 2,755 23.3% ‐ ‐ 0.0%
Supplies & Gen 788,374 86,390 11.0% 840,163 103,340 12.3% 116,245 26,822 23.1% 469,679 55,705 11.9%
Travel 258,184 29,026 11.2% 275,937 49,608 18.0% 58,785 20,854 35.5% 859,381 93,934 10.9%
Marketing Costs 312,717 11,723 3.7% 143,427 13,237 9.2% 9,108 ‐ 0.0% 6,000 ‐ 0.0%
Rentals & Leases 68,473 6,990 10.2% 261,171 45,371 17.4% 69,707 16,374 23.5% 7,204 88 1.2%
Insurance/Risk Mgmt 5,881,129 2,223,381 37.8% ‐ ‐ 0.0% ‐ ‐ 0.0% 2,582 126 4.9%
Contracted Services 3,478,245 74,214 2.1% 15,236,189 1,523,066 10.0% 107,160 6,873 6.4% 777,020 15,838 2.0%
Utilities ‐ ‐ 0.0% 1,127,891 178,384 15.8% ‐ ‐ 0.0% 94 ‐ 0.0%
Other Departmental Expenses 512,595 149,691 29.2% 289,775 48,336 16.7% 100,177 26,712 26.7% 567,873 43,849 7.7%
Instructional And Other Materials 54,657 7,409 13.6% 6,353,942 3,868,891 60.9% 39,641 3,769 9.5% 760,863 170,462 22.4%
Maintenance and Repair 27,360 2,328 8.5% 989,814 135,322 13.7% 4,438 ‐ 0.0% 444 ‐ 0.0%
Transfers/Debt 200,000 ‐ 0.0% 43,591 ‐ 0.0% ‐ ‐ 0.0% ‐ ‐ 0.0%
Contingency 50,000 ‐ 0.0% 54,535 ‐ 0.0% 35,000 ‐ 0.0% 93,267 ‐ 0.0%
Capital Outlay 355,551 245,213 69.0% 2,741,622 261,961 9.6% 125,382 10,163 8.1% 35,561 1,731 4.9%
Total 20,684,008$ 4,695,135$ 22.7% 66,627,454$ 14,797,943$ 22.2% 4,594,457$ 870,557$ 18.9% 23,659,945$ 6,330,025$ 26.8%
HOUSTON COMMUNITY COLLEGE SYSTEM
Unrestricted Adjusted Budgets and Actuals by Division and Expense Type
as of November 30, 2017
CHANCELLOR FINANCE & ADMINISTRATION PLANNING & INSTITUTIONAL EFFECTIVENESS INSTRUCTIONAL SERVICES
9
25% of Year

12. HOUSTON COMMUNITY COLLEGE SYSTEM
Unrestricted Adjusted Budgets and Actuals by Division and Expense Type
as of November 30, 2017
25% of Year
Expenses Adjusted Budget Actuals % Spent Adjusted Budget Actuals % Spent Adjusted Budget Actuals % Spent
Salary 6,031,445$ 1,166,372$ 19.3% 1,464,875$ ‐$ 0.0% 215,558,291$ 54,917,795$ 25.5%
Employee Benefits ‐ ‐ 0.0% 22,816,875 7,100,163 31.1% 22,828,677 7,102,919 31.1%
Supplies & Gen 298,951 38,724 13.0% 1,587,584 310,402 19.6% 6,410,847 963,769 15.0%
Travel 104,039 8,348 8.0% ‐ ‐ 0.0% 2,381,362 297,884 12.5%
Marketing Costs ‐ ‐ 0.0% ‐ ‐ 0.0% 919,086 89,310 9.7%
Rentals & Leases 5,400 1,290 23.9% ‐ ‐ 0.0% 2,153,732 453,313 21.0%
Insurance/Risk Mgmt ‐ ‐ 0.0% ‐ (180) 0.0% 5,885,848 2,223,327 37.8%
Contracted Services 1,223,012 76,984 6.3% 3,942,320 398,581 10.1% 26,468,903 2,433,471 9.2%
Utilities ‐ ‐ 0.0% 9,482,779 1,347,492 14.2% 10,618,140 1,526,241 14.4%
Other Departmental Expenses 140,586 13,640 9.7% ‐ ‐ 0.0% 2,298,966 381,843 16.6%
Instructional And Other Materials 373,168 203,635 54.6% ‐ ‐ 0.0% 10,432,267 4,569,860 43.8%
Maintenance and Repair ‐ ‐ 0.0% ‐ ‐ 0.0% 1,638,749 188,309 11.5%
Transfers/Debt ‐ ‐ 0.0% 30,834,687 2,078,360 6.7% 31,100,756 2,078,360 6.7%
Contingency 50,000 ‐ 0.0% 2,451,051 ‐ 0.0% 3,111,187 ‐ 0.0%
Capital Outlay 8,658 1,032 11.9% 1,546,722 ‐ 0.0% 6,448,132 537,789 8.3%
Total 8,235,259$ 1,510,026$ 18.3% 74,126,893$ 11,234,818$ 15.2% 348,254,943$ 77,764,190$ 22.3%
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 56,863,453$ 23,034,513$ 79,897,966$ 129,787,679$
Restricted cash & cash equivalents 559,204 ‐ 559,204 1,795,814
Accounts receivable (net) 24,732,014 2,974,953 27,706,966 25,856,819
Deferred charges ‐ ‐ ‐ 47,653
Prepaids 193,350 ‐ 193,350 729,178
Total Current Assets 82,348,021 26,009,466 108,357,486 158,217,143
Non‐current Assets:
Restricted cash & cash equivalents ‐ 66,054,410 66,054,410 123,689,033
Restricted long‐term investments ‐ 16,084,715 16,084,715 56,074,272
Long‐term investments 81,376,926 ‐ 81,376,926 38,052,314
Deferred outflows of resources: pension 27,833,120 ‐ 27,833,120 30,015,995
Advance funding valuation outflows ‐ 9,252,957 9,252,957 10,224,394
Capital assets, net ‐ 1,199,862,605 1,199,862,605 1,107,642,071
Total Non‐current Assets 109,210,046 1,291,254,688 1,400,464,734 1,365,698,080
Total Assets 191,558,066$ 1,317,264,154$ 1,508,822,220$ 1,523,915,222$
LIABILITIES
Current Liabilities:
Accounts payable 6,136,089 7,634,135 13,770,224 21,994,863
Accrued liabilities 167,941 1,520,674 1,688,615 12,869,907
Compensated absences 3,473,298 ‐ 3,473,298 2,919,816
Funds held for others 717,236 189,209 906,445 903,389
Deferred revenue 645,066 ‐ 645,066 2,040,104
Notes payable‐current portion ‐ 8,870,000 8,870,000 9,143,299
Bonds payable‐current portion ‐ 27,665,000 27,665,000 28,320,000
Total Current Liabilities 11,139,629 45,879,018 57,018,647 78,191,377
Non‐current Liabilities:
Deposits 440 ‐ 440 440
Net pension liability 85,465,382 ‐ 85,465,382 78,185,706
Deferred inflows of resources: pension 20,098,163 ‐ 20,098,163 28,410,749
Advance funding valuation inflows ‐ 2,618,052 2,618,052 2,787,029
Notes payable ‐ 100,331,048 100,331,048 142,974,407
Bonds payable ‐ 769,457,888 769,457,888 771,096,905
Total Non‐current Liabilities 105,563,985 872,406,989 977,970,974 1,023,455,236
Total Liabilities 116,703,614$ 918,286,007$ 1,034,989,621$ 1,101,646,613$
Beginning Fund Balances, Unaudited 64,957,117 401,504,919 466,462,035 420,074,477
Net Revenue/(Expenses)
Unrestricted 8,710,193 ‐ 8,710,193 (6,909,616)
Restricted 1,187,142 ‐ 1,187,142 1,501,020
Net Investment in Plant ‐ (2,526,772) (2,526,772) 7,602,728
Ending Fund Balances 74,854,452$ 398,978,147$ 473,832,599$ 422,268,609$
Total Liabilities & Fund Balances 191,558,066$ 1,317,264,154$ 1,508,822,220$ 1,523,915,222$
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 November 30, 2017
11

14. FY 2017 FY 2018
Budget:
Adjusted Budget, Net 60,139,700$ 60,139,700$ 60,807,155$
Revenues:
Tuition 62,096,892 35,842,351 35,542,583
Waivers & Exemptions:
Dual Credit & Early College HS (8,185,129) (4,194,609) (4,872,431)
Other (1,499,148) (777,924) (646,602)
Total Waivers & Exemptions (9,684,277) (4,972,533) (5,519,033)
Total Tuition Revenue, Net 52,412,615$ 30,869,818$ 30,023,550$
Budget:
Adjusted Budget, Net 9,500,000$ 9,500,000$ 9,500,000$
Revenues:
Tuition 10,178,709 3,805,727 3,292,543
Waivers & Exemptions:
Department of Corrections (2,130,819) (639,028) (379,570)
Total EL Tuition Revenue, Net 8,047,890$ 3,166,699$ 2,912,973$
FY 2017 FY 2018
Dept of Corrections 2,130,819$ 639,028$ 379,570$ ‐40.6%
Dual Credit & Early College HS Waiver 8,185,129 4,194,609 4,872,431 16.2%
Other Exemptions:
Employee Fee Exemptions 52,854 24,085 24,758 2.8%
Firemen 21,115 10,095 5,926 ‐41.3%
Hazelwood 868,371 436,092 343,792 ‐21.2%
Deaf & Blind 201,875 123,931 104,854 ‐15.4%
High Ranking High School Grad 2,904 1,140 403 ‐64.6%
Students of AM Hemisphere ‐ ‐ 3,135 0.0%
Child of Disabled Vet ‐ 411 1,932 370.1%
Employee of State College & University 1,593 1,593 ‐ ‐100.0%
Non‐resident Teach/Research Assistant 1,947 1,151 ‐ ‐100.0%
Non‐resident Competitive Scholarships 35,904 27,993 6,549 ‐76.6%
Senior Citizens 13,281 7,243 6,323 ‐12.7%
Foster Children‐Resident 104,238 28,966 64,169 121.5%
Undocumented Students 2,036 1,151 (2,036) ‐276.9%
TX Tomorrow Waiver 5,567 ‐ 1,062 0.0%
Surviving Spouse/Children 4,768 1,712 2,344 36.9%
Nursing Preceptors 500 ‐ ‐ 0.0%
Peace Officer Exemption 5,130 1,734 1,320 ‐23.9%
Adopted Student Waiver 176,690 110,627 82,071 ‐25.8%
Student Diversity Award 250 ‐ ‐ 0.0%
Books 125 ‐ ‐ 0.0%
Total Other Exemptions 1,499,148 777,924 646,602 ‐16.9%
Grand Total Exemptions & Waivers 11,815,096$ 5,611,561$ 5,898,603$ 5.1%
Year‐to‐Date
Activity thru
11/30/2017
HOUSTON COMMUNITY COLLEGE SYSTEM
12
Actuals %
Inc/(Dec)YTD
vs. PriorYTD
Exemptions and Waivers Detail
Through November 30, 2017
Prior Year
Activity thru
8/31/2017
Year‐to‐Date
Activity thru
11/30/2016
Year‐to‐Date
Activity thru
11/30/2017
Tuition
Tuition ‐ Extended Learning (EL)
Exemptions & Waivers
Prior Year
Activity thru
8/31/2017
Year‐to‐Date
Activity thru
11/30/2016