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.

1. Summary Operating Statements
For the Period
September 1, 2013 ‐ March 31, 2014
For the Meeting of the Board of Trustees ‐ April 17, 2014
for
Houston Community College System
&
Houston Community College Public Facility Corporation

2. Memorandum Management Discussion & Analysis i
Fund Balances Fund Balance Statement 1
Operating Summary HCCS Unrestricted Revenue & Expenditures 2
Auxiliary Sources and Uses of Auxiliary Funds 3
Balance Sheet Balance Sheet by Fund 6
Budgets Adjusted Budgets by Division 7
Exemptions/Waivers Exemptions & Waivers Detail 8
Table of Contents
For the Period September 1, 2013 ‐ March 31, 2014
For the Meeting of the Board of Trustees
Houston Community College System

3. Managements Discussion and Analysis
Thru March 31, 2014
Revenues




Expenditures




Total revenues and expenditures by expense type for the Operating Fund for 2013‐2014 are reported on page one.
Highlights of financial activities year‐to‐date are as follows:
State Appropriations received year to date totaled $36,356,619, 2.9% below last year. The reduction is namely due
to one‐time funding issued to community colleges for the previous biennium. Under Article IX, the state provided
this supplemental funding in the prior biennium of $1.4M per year. The state adopted a new funding formula during
the 83rd Legislative Session; 10% of appropriations will be based on student success points and must be earned.
However, for the first biennium, the state waived the use of the formula and will grant each community college full
funding. Total biennium funding was reduced by 1.5% compared to the previous biennium. Total appropriations
received are expected to be $69,202,364.
Ad Valorem Tax collections totaled $108,844,612 year‐to‐date. The tax rate for FY 2014 remains the same as the
prior year tax rate at $0.09173. 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 $86,450,378 which is 2% lower than the same time last year. Fall
2013 enrollment decreased 1.2%; SCH ‐1.1%, and Spring 2014 enrollment is down 2.2%; SCH ‐1.8% to‐date compared
to last year. We are projecting tuition and fee revenue to be $102,250,436 at fiscal year‐end; 3.9% below budget
plan.
Tuition & Fee‐Extended Learning receipts totaled $4,805,019 year to date, 6.5% above last year. Total tuition and
fees‐Extended Learning at fiscal year end are expected to be $6,534,538.
Total revenue collections, net of exemptions and waivers, totaled $238,243,572 year‐to‐date. Total revenue received
at fiscal year‐end is expected to $293,192,131; which is 2.3% above budget plan.
Benefits costs totaled $10,604,385 year‐to‐date, 2% above last year. This increase is due namely to the reduction in
the state's contribution to TRS and ORP and an increase in health insurance premiums. Due to TRS rule changes,
benefits at year‐end are expected to increase by $1.5M. Total benefits at fiscal year end are expected to be
$19,490,594.
Total Salaries are $98,271,425 year‐to‐date, 3.8% above the previous year, namely due to the 3% annual salary
increases. Salary expense at year‐end is expected to increase by $1.5M due to changes in TRS guidelines. Total
salaries at year end are expected to be $169,808,516.
Contracted services year‐to‐date totaled $12,709,496, 13.6% above the previous year. The increase is namely due to
an increase in janitorial, security and facility maintenance. Additional IT projects also contributed to the increase.
Total Contracted Services at year‐end are expected to be $26,261,164.
i
Athletic Field Project ‐ In April 2012, the Board approved approximately $4.1M in Auxiliary funds for athletic fields.
This amount has been set aside from the Auxiliary Fund Balance.

4. Managements Discussion and Analysis
Thru March 31, 2014

 Budget Priorities funding allocated for the year are detailed below through March 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 ($4M over 4 years)
Designated Fund Balance Transfer
Other
Total Budget Commitments/Priorities
527,000
1,320,000
1,000,000
49,500
14,731,391$
1
Items requested during the budget planning process for new funding (i.e. Equipment, personnel, adjunct faculty
funding, etc..)
‐
ii
125,000
2,500,000
Total operating fund expenditures year‐to‐date total $154,589,737. We are projecting expenditures to be
$302,920,750 at fiscal year end.
Budget
2,374,415$
5,535,476
1,300,000
Instructional & Other Materials year‐to date totaled $4,873,533, 31.7% above last fiscal year. IT upgrades and
additional software contributed to the increase. Expenses in this area are expected to be $10,207,581 at year end.

5. Unrestricted Restricted Auxiliary1
Loan &
Endowments Scholarship Agency Unexpended Plant
7
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
238,243,572 19,432,397 10,385,989 ‐ 91,690,084 10 2,192,445 32,788,518 ‐ 4,084 394,737,098
Expenses
Salaries 98,271,425 3,587,088 4,244,607 ‐ 773,541 ‐ 126,705 ‐ ‐ ‐ 107,003,365
Employee Benefits 10,604,385 7,964,249 824,209 ‐ ‐ ‐ 27,908 ‐ ‐ ‐ 19,420,750
Supplies & General Exp 2,812,393 144,443 520,661 ‐ ‐ ‐ 30,302 ‐ ‐ ‐ 3,507,799
Travel 525,073 103,819 80,862 ‐ ‐ ‐ ‐ ‐ ‐ ‐ 709,754
Marketing Costs 670,231 21,270 24,206 ‐ ‐ ‐ ‐ ‐ ‐ ‐ 715,707
Rentals & Leases 1,472,536 72,347 37,195 ‐ ‐ ‐ 1,350 ‐ ‐ ‐ 1,583,428
Insurance/Risk Mgmt 6,461,345 3,526 1,589 ‐ ‐ ‐ ‐ ‐ ‐ ‐ 6,466,460
Contracted Services 12,709,496 2,247,709 1,018,347 ‐ ‐ ‐ 223,043 191,253 ‐ ‐ 16,389,848
Utilities 4,242,432 ‐ 243,992 ‐ ‐ ‐ ‐ ‐ ‐ ‐ 4,486,424
Other Departmental Expenses
3
1,304,994 44,352 3,268,908 ‐ ‐ ‐ ‐ ‐ ‐ ‐ 4,618,255
Instructional and Other Materials
4 & 5
4,873,533 114,844 140,557 ‐ ‐ ‐ 144,561 ‐ ‐ ‐ 5,273,494
Maintenance and Repair 785,324 347,685 7,350 ‐ 234,775 ‐ 145,727 ‐ ‐ ‐ 1,520,861
Transfers In/Out
6
6,468,677 ‐ 4,095,000 ‐ (2,800,056) ‐ 5,352,884 (13,116,506) ‐ ‐ (0)
Debt 59,057 ‐ 6,005 ‐ ‐ ‐ ‐ 33,065,237 ‐ 615,397 33,745,697
Capital Outlay 3,328,839 302,651 97,787 ‐ ‐ ‐ 58,766,299 ‐ ‐ 135,242 62,630,816
Depreciation ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 11,120,530 ‐ 11,120,530
Scholarship Distribution 93,503,934
Total Expenses 154,589,737 14,953,983 14,611,275 ‐ 91,712,194 ‐ 64,818,779 20,139,984 11,120,530 750,639 279,193,188
Net of Revenue/Expenses 83,653,835 4,478,413 (4,225,286) ‐ (22,110) 10 (62,626,334) 12,648,534 (11,120,530) (746,555) 22,039,977
Fund Balance Entries (534,916) (148,343) 63,141,840 10,019,488 72,478,069
Debt Funded ‐
Fund Balance as of 03/31/2014 172,571,721$ 13,200,948$ 4,800,910$ 509,932$ 535,164$ (59,601)$ 3,664,761$ 22,130,753$ 223,299,074$ (7,072,375)$ 433,581,286$
1
Inculdes Foundation expenses of approx. $1.6M (since inception) supplemental funding approved by the Board.
2
Revenue in Unrestricted Fund is shown net of Exemptions/Waivers, namely $5.5M for Dept. of Corrections & Dual Credit waivers.
3
Institution‐wide is inclusive of colleges and/or system administration expenditure (ie. Accredition fees, Graduation Expense, Elections Expense).
4
Expenses of $4,873,533 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 $134,567 in the Auxiliary category is attributed to NEO Café.
6
Items in this category include all student revenue bond payments, transfers for scholarship matching funds,
and transfers to the Unexpended Plant Fund.
7
Items in this category are funded through Bonds.
*HCC has adopted and adheres to GASB 34(1999) , GASB 54(2010) and OMB 134(1993). The college has received unqualified audit opinions since the adoption of each.
Funds
Operating Statement ‐ Unaudited Fund Balalnces (Across all Funds)
as of March 31, 2014
1

6. FY2013 Actuals Budget
Year‐to‐Date
Actuals Thru March
31, 2014
Actuals as a
% of Budget Unrealized Budget
Year‐to‐Date
Actuals Thru March
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$ 36,356,619$ 52.5% 32,845,745$ 37,422,483$ (1,065,864)$ ‐2.85% 69,202,364 ‐ 0.00%
Ad Valorem Taxes 106,097,476 101,478,107 108,844,612 107.3% (7,366,505) 102,001,765 6,842,847 6.71% 112,151,493 10,673,386 10.52%
Tuition, Net 40,063,500 41,453,277 33,227,722 80.2% 8,225,555 34,384,048 (1,156,326) ‐3.36% 39,114,196 (2,339,081) ‐5.64%
Fees1
63,996,717 64,922,582 53,222,656 82.0% 11,699,926 53,818,499 (595,843) ‐1.11% 63,136,240 (1,786,342) ‐2.75%
Other Local Income2
2,184,999 2,543,140 1,388,021 54.6% 1,155,119 1,367,172 20,849 1.52% 2,438,852 (104,288) ‐4.10%
Tuition & Fee, Net
‐‐ Extended Learning
6,400,587 6,565,665 4,805,019 73.2% 1,760,646 4,511,442 293,578 6.51% 6,534,538 (31,127) ‐0.47%
Grant Revenue 517,655 434,410 398,923 91.8% 35,487 302,130 96,792 32.04% 614,447 180,037 41.44%
Total Revenues 289,274,937 286,599,545 238,243,572 83.1% 48,355,973 233,807,539 4,436,034 1.90% 293,192,131 6,592,586 2.30%
Assigned Fund Balance Transfers In3
Assigned Fund Balance Transfers In3
‐ 14,731,391 ‐ 0.0% 14,731,391 ‐ ‐ 0.00% 14,731,391 ‐ 0.00%
FY2013 Purchase Order Rolls ‐ 6,772,578 ‐ 0.0% 6,772,578 ‐ ‐ 0.00% 6,772,578 ‐ 0.00%
Total Assigned FB Transfers In ‐ 21,503,969 ‐ ‐ 21,503,969 ‐ ‐ ‐ 21,503,969 ‐ ‐
Total Revenues Plus Assigned FB Transfer In 289,274,937$ 308,103,514$ 238,243,572$ 77.3% 69,859,942$ 233,807,539$ 4,436,034$ 1.90% 314,696,100$ 6,592,586$ 2.14%
EXPENSES
Salaries 158,833,961 173,553,543 98,271,425 56.6% 75,282,118 94,669,755 3,601,669 3.80% 169,808,516 (3,745,027) ‐2.16%
Employee Benefits 18,704,344 18,154,720 10,604,385 58.4% 7,550,335 10,396,165 208,219 2.00% 19,490,594 1,335,874 7.36%
Supplies Gen Exp 5,216,679 6,201,318 2,812,393 45.4% 3,388,924 2,780,403 31,990 1.15% 5,710,597 (490,721) ‐7.91%
Travel 883,137 1,239,183 525,073 42.4% 714,110 394,045 131,028 33.25% 1,139,797 (99,386) ‐8.02%
Marketing Costs 1,350,751 1,612,690 670,231 41.6% 942,459 714,256 (44,025) ‐6.16% 1,612,690 ‐ 0.00%
Rental & Leases 2,234,487 3,815,471 1,472,536 38.6% 2,342,935 1,454,566 17,969 1.24% 3,815,471 ‐ 0.00%
Insurance/Risk Mgmt 6,521,682 7,053,324 6,461,345 91.6% 591,979 6,506,299 (44,955) ‐0.69% 7,053,324 ‐ 0.00%
Contract Services4
21,328,764 26,261,164 12,709,496 48.4% 13,551,668 11,187,175 1,522,322 13.61% 26,261,164 ‐ 0.00%
Utilities 8,414,469 11,369,205 4,242,432 37.3% 7,126,774 4,489,396 (246,964) ‐5.50% 10,266,426 (1,102,779) ‐9.70%
Other Departmental Expenses5
1,799,321 2,292,424 1,304,994 56.9% 987,430 1,051,343 253,651 24.13% 2,292,424 ‐ 0.00%
Instructional & Other Materials 6,263,298 10,458,682 4,873,533 46.6% 5,585,150 3,702,005 1,171,528 31.65% 10,207,581 (251,102) ‐2.40%
Maintenance & Repair 1,082,934 1,814,180 785,324 43.3% 1,028,856 292,121 493,202 168.83% 1,814,180 ‐ 0.00%
Transfers/Debt 33,095,470 31,496,352 6,527,734 20.7% 24,968,618 6,504,748 22,986 0.35% 31,496,352 0 0.00%
Budget Commitments ‐ 3,675,394 ‐ 0.0% 3,675,394 ‐ ‐ 0.00% 2,817,462 (857,932) ‐23.34%
Capital Outlay 4,451,702 9,105,865 3,328,839 36.6% 5,777,026 1,661,261 1,667,578 100.38% 9,134,173 28,308 0.31%
Total Expenses 270,180,997$ 308,103,514$ 154,589,737$ 50.2% 153,513,777$ 145,803,539$ 8,786,198 6.03% 302,920,750 (5,182,763) ‐1.68%
NET REVENUE Incr/(Decr) Vs EXPENSES 19,093,940$ 83,653,835$ 88,003,999$ (9,728,619)$ 11,775,350$
1
Fees charged to student include: Out‐of‐District fees, Technology fees, lab fees, etc.
2
Includes interest & dividends income, fines & penalties and parking fines
3
Planned Fund Balance transfer and additional budget commitments related to Student Services & Instruction
as approved by the Board during the budget process.
4
Contracted Services includes consulting, auditing and maintenance & ground services.
5
Institution‐wide is inclusive of colleges and/or system administration expenditure (ie. Accreditation fees,
Graduation Expense, Elections Expense).
HOUSTON COMMUNITY COLLEGE
2013‐2014 Budget vs. Actuals
as of March 31, 2014
HCCS CURRENT UNRESTRICTED
2

7. 3101‐3100
Main Leasing
3104 ‐ Minority
Business
Development
Agency Misc. Auxiliary2
Foundation3
Marketing
Bookstore
Commission
Total Auxiliary
(3110)
3111
International
Student
Services4
3201
Cafe Club NEO
3100 Main
Subtotal
18,607,266$ ‐$ (13,197,204)$ (1,458,032)$ (16,170,934)$ 20,828,597$ (9,997,573)$ (1,160,839)$ (1,435,926)$ 6,012,927$
FY2013
Revenue 3,091,404 5,825 263,204 ‐ ‐ 904,688 1,167,891 ‐ 293,489 4,558,609
Salaries 178,977 376,866 49,079 425,944 183,158 158,221 946,301
Benefits 48,289 95,979 9,612 105,590 43,217 39,769 236,866
Supplies Gen Exp 26,018 46,150 8,042 54,192 9,775 89,985
Travel 3,756 2,048 5,803 5,803
Marketing Costs 24,206 24,206 24,206
Rental & Leases 2,674 25,225 25,225 700 28,599
Contract Services 540,741 187,478 54,279 241,757 782,498
Utilities 241,941 ‐ 2,051 243,992
Departmental Expenses 238,664 4,139 2,939,108 3,181,910 8,916 3,190,826
Instructional & Other
Materials
600 5,390 5,390 134,567 140,557
Maintenance & Repair 2,891 508 508 3,940 7,340
Insurance/Risk Mgmt 28 28 28
Exemptions and Waivers 2,065 2,065 2,065
Transfer/Debt5 4,101,005 ‐ 4,101,005
Capital Outlay 2,582 95,205 95,205 97,787
Total Expense 5,145,718 ‐ 1,096,129 132,588 ‐ 4,167,825 235,291 349,025 9,897,859
Contribution to Fund Balance (2,054,315) 5,825 (832,925) (132,588) (2,939,108) 904,688 (2,999,934) (235,291) (55,535) (5,339,250)
16,552,951$ 5,825$ (14,030,130)$ (1,590,621)$ (19,110,042)$ 21,733,285$ (12,997,507)$ (1,396,130)$ (1,491,462)$ 673,677$
1
Restricted by limitations; must comply with laws, statutes and regulations.
2
Common Area ‐ Expenditures in this category include mailroom, child day care, Minority Male Initiative, Govt. Relation, Mobile Go, etc.
3
Approx. $1.6M (since inception) supplemental funding, approved by the Board. Return on Investment (ROI) is approximately 3:1.
4
Activity in this fund is related to International Student Support.
5
In April 2012 the Board approved approx. $4.1M in auxiliary funds for athletic fields.
HOUSTON COMMUNITY COLLEGE SYSTEM
Auxiliary Budget By Fund
as of March 31, 2014
Net Assigned Fund Balance
Assigned Fund Balance at
August 31, 2013
3
Auxiliary Funds1
3110

8. HOUSTON COMMUNITY COLLEGE SYSTEM
Auxiliary Budget By Fund
as of March 31, 2014
3207
International
Initiatives2
3208
Saudi Consulting
Services3
3209
Qatar
Subtotal
(43,204)$ 203,712$ 1,040,292$ 1,200,800$
FY2013
Revenue 23,333 ‐ 4,135,956 4,159,289
Salaries 3,152,586 3,152,586
Benefits 563,286 563,286
Supplies Gen Exp 279 6,251 6,530
Travel 1,813 12,836 14,648
Marketing Costs ‐
Rental & Leases ‐
Contract Services 90,000 90,000
Utilities ‐
Departmental
Expenses
9,983 9,983
Instructional &
Other Materials
‐
Maintenance &
Repair
‐
Insurance/Risk ‐
Exemptions and
Waivers
‐
Transfer ‐
Capital Outlay ‐
Total Expense 2,091 ‐ 3,834,941 3,837,032
Contribution to Fund Balance 21,242 ‐ 301,015 322,257
(21,962)$ 203,712$ 1,341,307$ 1,523,057$
1
Restricted by limitations; must comply with laws, statutes and regulations.
2
Revenue is associated with Saigon Tech
3
Fund Balance is comprised of Settlements from NCAAA Contract & Education Experts Co.
Assigned Fund Balance at
August 31, 2013
Net Assigned Fund Balance
4
Auxiliary Funds1

9. HOUSTON COMMUNITY COLLEGE SYSTEM
Auxiliary Budget By Fund
as of March 31, 2014
3110
Student Vending
Commission
3111
Student Activity Fee
3112
Student Athletic Fee
Subtotal Grand Total
Committed Fund Balance at 8/31/13 291,716$ 841,357$ 679,397$ 1,812,469$ 9,026,196$
FY2013
Revenue 63,981 921,416 695,414 1,680,812 10,398,710
Salaries 9,500 27,051 109,170 145,720 4,244,607
Benefits 263 23,794 24,057 824,209
Supplies Gen Exp 48,890 327,860 47,397 424,146 520,661
Travel 726 39,370 20,315 60,410 80,862
Marketing Costs ‐ 24,206
Rental & Leases 8,595 8,595 37,195
Contract Services 2,316 64,837 78,696 145,849 1,018,347
Utilities ‐ 243,992
Departmental
Expenses
17,762 17,440 32,897 68,099 3,268,908
Instructional &
Other Materials
‐ 140,557
Maintenance &
Repair
10 10 7,350
Insurance ‐ Risk
Mgmt
707 854 1,561 1,589
Exemptions and
Waivers
10,344 312 10,656 12,721
Transfer ‐ 4,101,005
Capital Outlay ‐ 97,787
Total Expense 79,194 487,871 322,040 889,104 14,623,996
Contribution to Fund Balance (15,212) 433,545 373,374 791,707 (4,225,286)
276,503$ 1,274,902$ 1,052,771$ 2,604,176$ 4,800,910$
1
Funds are committed for services related to students
5
Student Auxiliary Funds ‐ Committed1
Net Committed Fund Balance

10.
CURRENT &
LOAN FUNDS
1
PLANT & BOND
FUNDS
2
Total All Funds
ASSETS
Current Assets:
Cash & cash equivalents 167,738,785$ 28,735,902$ 196,474,686$
Restricted cash & cash equivalents 11,545,104 ‐ 11,545,104
Short term Investments ‐ ‐ ‐
Accounts/Other receivable (net) 17,379,168 1,537,414 18,916,581
Deferred charges 273,624 ‐ 273,624
Prepaids 87,119 881,112 968,231
Total Current Assets 197,023,800 31,154,428 228,178,228
Non‐current Assets:
Restricted cash & cash equivalents ‐ 388,554,540 388,554,540
Restricted long‐term investments ‐ 54,651,394 54,651,394
Long‐term investments 8,183,962 ‐ 8,183,962
Capital Assets, net ‐ 828,658,146 828,658,146
Total Non‐current Assets 8,183,962 1,271,864,081 1,280,048,043
Total Assets 205,207,763$ 1,303,018,508$ 1,508,226,271$
LIABILITIES
Current Liabilities:
Accounts payable 8,919,723 40,407 8,960,129
Accrued liabilities 779,424 24,649 804,073
Compensated absences 2,261,499 ‐ 2,261,499
Funds held for others 701,141 189,209 890,350
Deferred revenue 986,903 99,215 1,086,118
Notes payable‐current portion ‐ ‐ ‐
Bonds payable‐current portion ‐ 11,320,000 11,320,000
Capital lease obligations‐current ‐ ‐ ‐
Total Current Liabilities 13,648,689 11,673,479 25,322,169
Non‐current Liabilities:
Deposits ‐ ‐ ‐
Notes payable ‐ 169,521,888 169,521,888
Bonds payable ‐ 766,497,827 766,497,827
Capital lease obligations ‐ 106,230,726 106,230,726
Total Non‐current Liabilities ‐ 1,042,250,441 1,042,250,441
Total Liabilities 13,648,689$ 1,053,923,921$ 1,067,572,610$
Fund Balance‐
August 31, 2013 Audited 108,357,470 237,031,590 345,389,060
Revenues Over Expenditures
Unrestricted 78,893,633 78,893,633
Restricted 4,307,971 4,307,971
Net Investment in Plant 12,062,999 12,062,999
Total Fund Balances, Unaudited 191,559,074$ 249,094,589$ 440,653,663$
Total Liabilities & Fund Balances 205,207,763$ 1,303,018,510$ 1,508,226,271$
1
I ncludes Unrestricted, Restricted, Loan & Endowment, Scholarship, Agency and Auxiliary Funds.
2
Includes Unexpended Plant, Retirement of Debt and Investment in Plant Funds.
Houston Community College
Balance Sheet By Fund
For Month Ended March 31, 2014
6

11. as of March 31, 2014
TM CENTRAL
NORTH
WEST
NORTH
EAST
SOUTH
WEST
SOUTH EAST COLEMAN
EXTENDED
LEARNING
SYSTEM Grand Total
Salaries 23,987,766$ 24,750,676$ 18,791,106$ 26,695,558$ 15,365,743$ 11,171,618$ 10,438,270$ 42,352,806$ 173,553,543$
Employee Benefits ‐ ‐ ‐ ‐ 1,840 ‐ ‐ 18,152,880 18,154,720
Supplies & Gen 334,386 410,135 217,904 301,680 263,431 361,778 187,603 4,124,400 6,201,318
Travel 118,881 134,911 35,406 68,356 47,422 114,242 67,944 652,021 1,239,183
Marketing Costs 37,839 47,093 78,986 33,718 95,254 40,823 163,836 1,115,141 1,612,690
Rentals & Leases 6,810 146,893 958,863 534,591 80,752 469,051 28,633 1,589,879 3,815,471
Insurance/Risk Mgmt 906 406 ‐ 462 ‐ ‐ ‐ 7,051,550 7,053,324
Contracted Services 332,855 318,726 86,613 56,060 131,794 386,180 22,492 24,926,443 26,261,164
Utilities 5,025 68 4,600 1,590 ‐ ‐ ‐ 11,357,922 11,369,205
Other Departmental Expenses 85,175 60,388 50,614 44,083 80,071 118,465 41,213 1,812,415 2,292,424
Instructional and Other Materials 491,971 295,827 136,374 256,847 151,383 350,756 501,903 8,273,622 10,458,682
Maintenance and Repair 187,564 49,667 48,886 90,425 40,122 91,171 117,703 1,188,642 1,814,180
Transfers/Debt ‐ 845,806 5,637,942 1,200,000 ‐ ‐ ‐ 23,812,604 31,496,352
Budget Commitments/Priority Funding 17,095 22,665 41,640 50,000 24,092 24,817 ‐ 3,495,085 3,675,394
Capital Outlay 490,446 782,481 74,377 282,376 108,496 482,529 157,995 6,727,164 9,105,865
Grand Total 26,096,719$ 27,865,743$ 26,163,311$ 29,615,746$ 16,390,400$ 13,611,430$ 11,727,592$ 156,632,573$ 308,103,514$
HOUSTON COMMUNITY COLLEGE
FY 2013‐14 Adjusted Budget by Colleges
7

12. FY 2012‐13 FY 2013‐14
Budget:
Adjusted Budget FY 2013‐14, Net 41,453,277$
Revenues Received:
Tuition 46,926,645 40,214,450 39,236,768
Waivers & Exemptions:
Dual Credit (4,877,897) (4,232,047) (4,208,944)
Other (1,985,247) (1,598,356) (1,800,102)
Total Waivers & Exemptions (6,863,144) (5,830,403) (6,009,046)
Total Tuition Revenue, Net 40,063,501$ 34,384,047$ 33,227,722$
Budget:
Budget FY 2013‐14, Net 6,565,665$
Revenues Received:
Tuition 8,677,989 5,932,383 6,065,005
Waivers & Exemptions:
Corrections (2,277,402) (1,420,941) (1,259,986)
Total EL Tuition Revenue, Net 6,400,587$ 4,511,442$ 4,805,019$
FY 2012‐13 FY 2013‐14
Dept of Corrections 2,277,402$ 1,420,941$ 1,259,986$ ‐11.33%
Dual Credit Waiver 4,877,897 4,232,047 4,208,944 ‐0.55%
Other:
Employee Fee Exemptions 70,071 58,183 58,488 0.52%
Firemen 25,475 24,571 19,995 ‐18.62%
Hazelwood 1,266,190 984,779 1,230,789 24.98%
Deaf & Blind 258,017 226,695 171,249 ‐24.46%
High Ranking Hi SCH Grad 2,418 1,984 1,240 ‐37.50%
Child of Disabled Vet ETC 1,686 5,796 ‐ ‐100.00%
Emp of State Coll & Univ 319 319 ‐ 0.00%
Nonres Teach/Research Asst 10,443 9,735 5,487 ‐43.64%
Nonres Competitive Scholar 2,301 2,301 11,346 393.09%
Senior Citizens 15,857 12,911 14,243 10.32%
Misc Tuition/Fees Waivers ‐ ‐ 576 0.00%
Scholarship Distribution ‐ ‐ 10,000 0.00%
Refugee Waiver ‐ (162) 183 ‐212.96%
Foster Children‐Resident 304,145 259,041 257,830 ‐0.47%
Undocumented Students ‐ ‐ 11,383 0.00%
TX Tomorrow Waiver ‐ ‐ 2,558 0.00%
Surviving Spouse/Children ‐ ‐ 2,120 0.00%
Peace Officer Exemption 14,275 12,203 2,615 ‐78.57%
Stipends 14,050 ‐ ‐ 0.00%
Total Other Exemptions 1,985,247 1,598,356 1,800,102 12.62%
Grand Total Exemptions & Waivers 9,140,546$ 7,251,344$ 7,269,032$ 0.24%
Year‐to‐Date
Activity thru
03/31/2013
Year‐to‐Date
Activity thru
03/31/2014
Actuals %
Inc/(Dec)YTD
vs. PriorYTD
8
Exemptions & Waivers
Thur March 31, 2014
Account
End of Year
Activity
Year‐to‐Date
Activity thru
03/31/2013
Year‐to‐Date
Activity thru
03/31/2014
Tuition
Tuition ‐ Extended Learning
Exemptions & Waivers
End of Year
Activity