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. 265 of 2018, the education omnibus budget bill, which required community colleges to publish a transparency web page and stipulates the content.

FY 2019-2020 General Fund Revenue

Budgeted Fiscal Year 2019-2020 general fund revenue from tuition and fees: $7,982,865

Budgeted Fiscal Year 2019-2020 general fund revenue from state appropriations: $5,110,471

Budgeted Fiscal Year 2019-2020 general fund revenue from property taxes: $13,703,927

Budgeted Fiscal Year 2019-2020 total general fund revenue: $27,107,299

Budgeted Fiscal Year 2019-2020 general fund expenditures: $26,907,229

  

FY 2020-2021 General Fund Revenue and Expenditure Projections:

Total general fund revenue (estimated): $27,221,546

Total general fund expenses (estimated): $26,964,978

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

Principal Payment: $917,518.38 | Interest Payment: $518,600.12

6/30/2019 Outstanding Principal: $13,917,267.49

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