Finance & Operations

Finance & Operations

Transparency At A Glance

As a publicly funded institution Monroe County Community College is committed to providing information including financial reports to the public. The following information complies with Sec. 209 in P.A. 86 of 2021, the education omnibus budget bill, which required community colleges to publish a transparency web page and stipulates the content.

FY 2021-2022 General Fund Revenue - pdf file (Chapter 3 of 2021-2022 Budget Book)

Budgeted Fiscal Year 2021-2022 general fund revenue from tuition and fees: $6,378,822

Budgeted Fiscal Year 2021-2022 general fund revenue from state appropriations: $5,419,300

Budgeted Fiscal Year 2021-2022 general fund revenue from property taxes: $14,187,269

Budgeted Fiscal Year 2021-2022 total general fund revenue: $26,168,506

 

Budgeted Fiscal Year 2021-2022 general fund expenditures: $26,402,614

 

FY 2022-2023 General Fund Revenue and Expenditure Projections:

Total general fund revenue (estimated): $26,147,780

Total general fund expenses (estimated): $26,480,483

Project: HVAC Project | Debt Obligation:$16,151,962.00

Principal Payment: $1,019,604.69 | Interest Payment: $416,513.82

6/30/2021 Outstanding Principal: $11,982,537.69
6/30/2022 Outstanding Principal: $10,962,933.00

Higher Education Emergency Relief Fund (HEERF) Reporting

Accreditation Information

Higher Learning Commission

230 South LaSalle Street, Suite 7-500
Chicago, Illinois 60604
Phone: 800.621.7440
http://www.hlcommission.org/ 
Email:  info@hlcommission.org