MCCC Home Page

Finance & Operations

Finance & Operations

 
Annual Report
 
 
  Archives  
2015-2016 Annual Report | 2014-2015 Annual Report
2013-2014 Annual Report | 2012-2013 Annual Report |
2011-2012 Annual Report | 2010-2011 Report
 
 
5 Year Master Plan
 
5-Year Master Plan October 2017  
 
   
Strategic Plan
 
 
Strategic Enrollment Management
 
 
   
Audits/Proposed Budget
 
 
 
    
Monthly Statement of General Fund Revenues, Expenditures, and Other Changes
 
April 2018 | March 2018  
December 2017 | January 2018 | February 2018  
October 2017 | September 2017 | August 2017  
May 2017 | April 2017 | March 2017 | February 2017  
January 2017 | December 2016 | November 2016  
October 2016 | September 2016| | August 2016  
   
  Archives by year  
 
July 2013 - June 2014| July 2012 - June 2013
 
   
Policy & Procedures/Governance
 
 
 
 
   
1098-T Tax Form
 
 
   
Strategic Financial Planning Committee - Board of Trustees
 
 
 
   
Quarterly Board Updates
 
Winter 2018 Quarterly Update - pdf file  
 
 
Fall 2013 Quarterly Update - pdf file ~ Issuu Link
 
 
 
 
 
 
 
   

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

 

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.
Budget
2018-2019 Budget - pdf file
  
Use and Finance Reporting – Self-Funded Projects
January - June 2018 | July - December 2017
January - June 2017 | July - December 2016 | January - June 2016
 
General Fund Revenue
FY 2018-2019 General Fund Revenue - pdf file
Budgeted Fiscal Year 2018-2019 general fund revenue from tuition and fees: $8,166,250
Budgeted Fiscal Year 2018-2019 general fund revenue from state appropriations: $5,045,176
Budgeted Fiscal Year 2018-2019 general fund revenue from property taxes: $13,073,074
Budgeted Fiscal Year 2018-2019 total general fund revenue: $25,544,529
Budgeted Fiscal Year 2018-2019 general fund expenditures: $26,344,529
  
FY 2019-2020 General Fund Revenue and Expenditure Projections:
Total general fund revenue (estimated): $26,500,000
Total general fund expenses (estimated): $26,500,000

 

Debt Service Obligations
Project: HVAC Project | Debt Obligation:$16,151,962.00
Principal Payment: $885,814.19 | Interest Payment: $550,304.33
6/30/2018 Outstanding Principal: $14,834,785.87

Estimated Cost – Patient Protection and Affordable Care Act
The college estimates that it will cost $25,630 in FY 2017-2018 to pay for the required taxes and fees resulting from the Patient Protection and Affordable Care Act, Public Law 111-148, as amended by the Health Care and Education Reconciliation Act of 2010, Public Law 111-152. This estimate excludes any additional administrative cost of compliance. At this time, MCCC anticipates that no additional participants will be required to be covered under our employee health insurance plan.

  
Audited Financial Statements
  
Activities Classification Structure for Michigan Community Colleges
Activities Classification Structure manual - pdf file
 
Tornado and Fire Drills Schedule
Tornado and Fire Drills Schedule for 2018-2019 School Year
  
Employee Contracts
Presidential Employment Agreement 2018-2021 - pdf file
  
Employee Compensation & Benefits
Administrator, Staff & Maintenance Priority Health Benefits Plan 2
  
Section 209(5) of P.A. 108 of 2017
  
Section 225 of P.A. 265 of 2018
  
Section 230 of P.A.265 of 2018