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. 144 of 2022, the education omnibus budget bill, which required community colleges to publish a transparency web page and stipulates the content.
Budgeted Fiscal Year 2023-2024 general fund revenue from tuition and fees: $6,986,299
Budgeted Fiscal Year 2023-2024 general fund revenue from state appropriations: $6,257,950
Budgeted Fiscal Year 2023-2024 general fund revenue from property taxes: $14,906,295
Budgeted Fiscal Year 2023-2024 total general fund revenue: $28,748,814
Budgeted Fiscal Year 2023-2024 general fund expenditures: $28,748,814
FY 2024-2025 General Fund Revenue and Expenditure Projections:
Total general fund revenue (estimated): $31,204,501
Total general fund expenses (estimated): $31,204,501
Project: HVAC Project – Debt Obligation $16,151,962
2023-2024 Principal Payment: $1,093,899
2023-2024 Interest Payment: $332,518
6/30/2023 Outstanding Principal: $9,906,895
6/30/2024 Outstanding Principal: $8,812,936
Higher Education Emergency Relief Fund (HEERF) Reporting
Quarterly Budget and Expenditure Reporting June 30, 2021
Quarterly Budget and Expenditure Reporting March 21, 2021
Quarterly Budget and Expenditure Reporting December 31, 2020
Quarterly Budget and Expenditure Reporting September 30, 2020
Quarterly Budget and Expenditure Reporting September 30, 2020 Obsolete
HEERF II CRRSAA Institutional Funds Quarterly Report March 31, 2022
HEERF II CRRSAA Institutional Funds Quarterly Report December 31, 2021
HEERF II CRRSAA Institutional Funds Quarterly Report June 30, 2021
HEERF II CRRSAA Institutional Funds Quarterly Report 2 March 31, 2021
HEERF II CRRSAA Institutional Funds Quarterly Report March 31, 2021
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