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. 165 of 2020, the education omnibus budget bill, which required community colleges to publish a transparency web page and stipulates the content.

FY 2020-2021 General Fund Revenue

Budgeted Fiscal Year 2020-2021 general fund revenue from tuition and fees: $6,734,195
Budgeted Fiscal Year 2209-2021 general fund revenue from state appropriations: $4,161,051
Budgeted Fiscal Year 2020-2021 general fund revenue from property taxes: $13,822,434
Budgeted Fiscal Year 2020-2021 total general fund revenue: $24,921,500
Budgeted Fiscal Year 2020-2021 general fund expenditures: $25,626,665

FY 2021-2022 General Fund Revenue and Expenditure Projections:

Total general fund revenue (estimated): $25,469,683
Total general fund expenses (estimated): $25,737,102

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

Principal Payment: $950,357.54 | Interest Payment: $485,760.99

6/30/2020 Outstanding Principal: $12,966,909.95

Accreditation Information

Higher Learning Commission

230 South LaSalle Street, Suite 7-500
Chicago, Illinois 60604
Phone: 800.621.7440