Kentucky Community and Technical College System Annual Budget. President Michael B. McCall

Transcription

1 Kentucky Community and Technical College System Annual Budget President Michael B. McCall

2 BOARD OF REGENTS Richard A. Bean Chair Joseph B. Wise, III Vice Chair Johnna Reeder Secretary Randall L. Barnes Mark D. Brooks Paul C. Callan, Jr. Ginger M. Carroll Jackie B. Cecil Brenda R. Corey Porter G. Peeples, Sr. Michael D. Quillen Marcia L. Roth Larry D. Savage Thomas O. Zawacki President Michael B. McCall, Ed. D. The Kentucky Community and Technical College System does not discriminate based on race, color, national origin, sex, disability, age or religion. Printed with state funds.

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4 TABLE OF CONTENTS Section A Executive Summary A-1 Graph 1 - Revenues A-4 Graph 2 - Expenses A-5 Tuition and Charges A-6 Section B KCTCS Revenue Summary B-1 KCTCS Expense Summary B-5 Section C Revenue and Expenditure Detail C-1 Section D Capital Projects Introduction D-1 Capital Projects D-2 KCTCS Lease Summary D-5

5 EXECUTIVE SUMMARY KCTCS ANNUAL BUDGET Introduction The Kentucky Community and Technical College System (KCTCS) Annual Budget takes into consideration both external and internal expectations for KCTCS. The Kentucky Postsecondary Education Improvement Act of 1997 sets forth long-term expectations for KCTCS such as improving educational attainment of the citizens of the Commonwealth through high quality instructional programs in KCTCS. The budget was prepared to enable KCTCS to function as a vital and dynamic postsecondary education institution to more effectively accomplish the postsecondary education goals of the Commonwealth. The budget development priorities direct the use of financial resources available to KCTCS to help achieve the mission and vision of KCTCS. The KCTCS Annual Budget will: Fund compensation in for faculty and staff as approved by the KCTCS Board of Regents. Fund fixed cost increases in utilities and facility insurance. Fund, on a recurring basis, maintenance and operations costs for new facilities coming online in Maintain a recurring $6.6 million unallocated fund. If a budget reduction is ordered by the Governor or is enacted by the General Assembly, this fund will be the first amount available for that budget reduction. If a budget reduction is not ordered by the Governor or enacted by the General Assembly, this fund may be allocated by action of the KCTCS Board of Regents at a future meeting. Maintain a recurring budget reserve for each college, the systemwide operations and support programs, the Fire Commission, and the Kentucky Board of Emergency Medical Services (KBEMS). The annual budget directs the use of financial resources available to KCTCS to help achieve the mission and vision of KCTCS. The Board of Regents recognizes that all KCTCS needs cannot be fully met within the level of resources available to KCTCS, but the Board also recognizes that available resources must be used to fund its highest priorities. This budget places emphasis and the highest priority on students and on the effective and efficient use of available resources. This budget and its provisions will be effective for the fiscal year beginning July 1, 2009, and ending June 30, A-1

6 Budget Categories The KCTCS budget contains the operating budget and the capital budget. The operating budget includes Current Funds revenue and expenditures. Current Funds revenue consists of unrestricted revenue, primarily state appropriations, tuition and other charges for services, and restricted revenue including federal funds for student financial aid and other sponsored projects. The capital budget provides a listing of major capital projects and their associated sources of funding. The budget format includes the following components: Revenue summary Expense summary by program classification structure and by expenditure category Revenue and expense detail for Authorized capital projects Annual Budget The KCTCS Annual Budget, submitted to the Board of Regents for approval on June 12, 2009, is the KCTCS financial plan for the fiscal year beginning July 1, 2009, and ending June 30, The operating budget totals $722,518,300 of which $485,963,400 are unrestricted funds and $236,554,900 are restricted funds. Revenue Highlights KCTCS, as a publicly assisted institution, derives the majority of its unrestricted revenue from state appropriations and student tuition and other student charges for services. As displayed, the state appropriation represents 31 percent of the total revenue and 42 percent of the unrestricted revenue of KCTCS. The second largest source of unrestricted revenue for KCTCS is tuition and other charges for services. The Council on Postsecondary Education approved the tuition rates at its May 22, 2009, meeting. Colleges may charge for extra services in addition to the standard single tuition rate. Pages A-6 and A-7 list the tuition and the list of authorized services for which an additional charge may be assessed. This operating budget includes the increased revenue anticipated from the tuition and charges for services. The largest source of restricted funds is from governmental grants and contracts, both federal and state. Included within this source of funds is funding for student financial aid, Title II Perkins, and other sponsored activities. Graph 1 shows the distribution of budgeted revenue by source followed by a table summarizing the total budget. A-2

7 Expenses Highlights The budget includes the allocation of funds based on the budget development priorities as previously identified in the Executive Summary. Graph 2 shows the distribution of planned expenditures followed by a table summarizing the total planned expenditures by program classification structure. Capital Budget Capital expense creates or improves assets with a multi-year life, i.e., assets that will last longer than one operating budget period. Capital projects are budgeted separately from the operating budget. There are two funding sources for these capital projects in , Agency Funds and State General Funds (including Bond Funds supported by State General Fund debt service). The Capital Budget contains all of the projects identified in the enacted budget approved during the 2008 Regular Session of the General Assembly. The Capital Budget totals $176,684,000 and includes new facility construction, major renovation projects, and a deferred maintenance projects pool. A-3

8 Operating Budget Graph 1-Revenues State Appropriations 31% Government Grants and Contracts 32% Tuition and Fees 25% All Other Sources 12% A-4

9 Operating Budget Graph 2-Expenses Budget Reserve 3% Student Financial Aid 23% Instruction 34% Institutional Support 13% Public Service 5% Operation and Maintenance 10% Student Services 6% Libraries 1% Academic Support 5% A-5

10 KCTCS TUITION AND CHARGES FOR Nonresident Contiguous Other Resident Counties Tuition Per Credit Hour $ 125 $ 250 $ 425 Tuition for On-Line Courses $ 125 $ 125 $ 125 CHARGES FOR SERVICES Fines Library Book Late Charge Library Video Late Charge Reserved Item, Loan in Hours Reserved Item, Loan in Days Lost Books/Video Charge Lost Library Card Damage Charge - for repair, rebinding, or replacement as appropriate Parking Violation - Parking Permit Replacement General Services Banking (BNK) Course Pass-Through Charge Childcare Services Copier Services Customized Course and Testing Charge Diploma/Credential Replacement General Education Diploma (GED) Transcript Charge ID Badge Replacement Kentucky Educational Television (KET) Charge Late Charge Reinstatement Charge (to reinstate a student who is dropped for non-payment) Liability Insurance KCTCS Payment Plan Service Charge Returned Check Charge Live Work Shop Charge Stop Payment - Voided Check Charge Tickets (Entertainment) Security Charge Health Charge International Travel Insurance Pass-through charges - Tests, immunizations, etc. required by clinical or coop sites. SGA Voluntary Activity Charge West Virginia Online Consortium Charge Testing Services (if not part of placement at entrance/registration) ABLE ACT/SAT Test Charge ACT/SAT Course Charge College Level Examination Program (CLEP) Test Charge Compass (Not part of Entrance/Placement) GED KYVU and other proctored test for non-kctcs students (during regular scheduled hours of operation for the testing center) Proctored Tests: KCTCS classes (during regular scheduled hours of operation for the testing center) National League of Nursing (NLN) Comprehensive Test for Graduation National League of Nursing (NLN) Pre-admission Exam for RN Program Portfolio Review for Assessment of College Credit Professional Licensure/Certification Testing Special Examination for Credit -- Written Exam Special Examination for Credit -- Practical Exam Sylvan Testing - Retakes of any test Work Keys (Persons not admitted to a program) Degree Verifications Enrollment Verifications Testing Services such as, but not limited to, ACT, SAT, CLEP, GED, etc. must be coordinated through the college s business office to ensure presenters have appropriate authorization, college access and security, liability insurance, cash handling procedure Medical Education Development Services (MEDS), Health Education System Incorporated (HESI), and School of Nursing Learning System (SNLS), etc. used as study guides/aids are to be purchased through the local college bookstore and administered by the department. Course credit awarded via the test credit process, e.g., no grade will appear on the grade report. Transcripts (KCTCS and GED) Transcript (Additional Copies) Transcript (On Demand) Transcript (Faxed) A-6

11 KCTCS TUITION AND CHARGES FOR CHARGES FOR SERVICES (Cont.) KY Nurse Aide and Medication Aide Charges (See section 7.9 of Business Procedures) KCTCS Non-Facility Sponsored Students Facility Sponsored Students Nurse Aide Testing -- Written & Performance Nurse Aide Testing -- Written Nurse Aide Testing -- Performance Set-up Charge for On-Site Testing Nurse Aide Methods of Instruction Training Health Science Students Medication Aide Testing Medication Aide Training KY Board of Emergency Medical Services (KBEMS) Charges EMT-B Charges Recertification Initial Certification Application Charge Reinstatement Charge Paramedic Charges Recertification Initial Certification Application Charge Reinstatement Charge Ambulance Charges Renewal License Charge Initial License Charge Transfer Charge Additions/Replacements Deficiency Charge ALS Providers License First Responders Recertification Initial Certification Application Charge Reinstatement Charge Fines Fines Administrative Charges Open Records Late Charges Duplicate Cards Training Exam Charges Instructor Recertification Instructor Initial Certification Training/Education Institution Application Testing Agency Certifications Instructor Application Charges Temporary License Charge Skills Evaluation Fee EMS TEI Initial Application Fee EMS TEI Re-licensing Fee Application for Reciprocity or Temporary A-7

12 Revenue and Expense Summary

13 Operating Budget KCTCS SYSTEM TOTAL REVENUE SUMMARY UNRESTRICTED REVENUE Public Funds $ 377,484,000 29,588,800 Private Funds - Endowment Income - Investment Income 10,402,000 Sales/Services Educational Activity 6,774,900 Other Sources 24,145,200 Budget Reserve 23,316,600 TOTAL UNRESTRICTED REVENUE $ 471,711,500 RESTRICTED REVENUE Public Funds $ 15,252, ,851,700 Private Funds 4,559,100 Endowment Income 4,580,000 Investment Income - Sales/Services Educational Activity - Other Sources 2,304,400 Budget Reserve - TOTAL RESTRICTED REVENUE $ 198,547,400 TOTAL REVENUE Public Funds $ 392,736, ,440,500 Private Funds 4,559,100 Endowment Income 4,580,000 Investment Income 10,402,000 Sales/Services Educational Activity 6,774,900 Other Sources 26,449,600 Budget Reserve 23,316,600 TOTAL REVENUE $ 670,258,900 B-1

14 Operating Budget KCTCS SYSTEM TOTAL REVENUE SUMMARY UNRESTRICTED REVENUE Public Funds $ 387,256,900 30,495,000 Private Funds - Endowment Income - Investment Income 6,350,000 Sales/Services Educational Activity 6,068,300 Other Sources 34,642,300 Budget Reserve 21,150,900 TOTAL UNRESTRICTED REVENUE $ 485,963,400 RESTRICTED REVENUE Public Funds $ 22,040, ,714,700 Private Funds 7,717,800 Endowment Income 1,020,800 Investment Income - Sales/Services Educational Activity - Other Sources 7,060,900 Budget Reserve - TOTAL RESTRICTED REVENUE $ 236,554,900 TOTAL REVENUE Public Funds $ 409,297, ,209,700 Private Funds 7,717,800 Endowment Income 1,020,800 Investment Income 6,350,000 Sales/Services Educational Activity 6,068,300 Other Sources 41,703,200 Budget Reserve 21,150,900 TOTAL REVENUE $ 722,518,300 B-2

15 Operating Budget Unrestricted Revenue Government Grants & Contracts 6% All Other Sources 15% Tuition and Charges 36% State Appropriations 43% Restricted Revenue Government Grants & Contracts 86% Private Funds 3% All Other Sources 11% B-3

16 Operating Budget Unrestricted Revenue Government Grants & Contracts 6% All Other Sources 14% State Appropriations 42% Tuition and Charges 38% Restricted Revenue Government Grants & Contracts 86% Private Funds 3% All Other Sources 11% B-4

17 Operating Budget KCTCS SYSTEM TOTAL EXPENSE SUMMARY EXPENSES UNRESTRICTED RESTRICTED TOTAL Instruction $ 193,348,200 $ 44,673,700 $ 238,021,900 Public Service 35,481,900 1,924,900 37,406,800 Academic Support 25,951,700 7,772,800 33,724,500 Libraries 6,226,300 38,200 6,264,500 Student Services 31,268,200 12,164,400 43,432,600 Institutional Support 88,009,300 4,023,000 92,032,300 Operation and Maintenance 58,540, ,600 59,332,500 Student Financial Aid 15,397, ,158, ,556,000 Budget Reserve 17,487,800-17,487,800 TOTAL EXPENSES $ 471,711,500 $ 198,547,400 $ 670,258,900 EXPENSES SUMMARY Personnel Costs $ 298,557,100 $ 31,589,300 $ 330,146,400 Operating Expenses 103,049,600 36,119, ,168,900 Capital Outlay 9,278,400 5,509,800 14,788,200 Grants in Aid 43,338, ,329, ,667,600 Budget Reserve 17,487,800-17,487,800 TOTAL EXPENSES $ 471,711,500 $ 198,547,400 $ 670,258,900 B-5

18 Operating Budget KCTCS SYSTEM TOTAL EXPENSE SUMMARY EXPENSES UNRESTRICTED RESTRICTED TOTAL Instruction $ 193,567,200 $ 51,944,300 $ 245,511,500 Public Service 36,658,900 1,949,300 38,608,200 Academic Support 23,663,700 10,776,600 34,440,300 Libraries 8,118,900 97,300 8,216,200 Student Services 33,594,100 13,404,900 46,999,000 Institutional Support 89,845,700 3,676,600 93,522,300 Operation and Maintenance 64,007,400 5,458,000 69,465,400 Student Financial Aid 15,356, ,247, ,604,500 Budget Reserve 21,150,900-21,150,900 TOTAL EXPENSES $ 485,963,400 $ 236,554,900 $ 722,518,300 EXPENSES SUMMARY Personnel Costs $ 305,108,800 $ 41,620,200 $ 346,729,000 Operating Expenses 98,132,200 36,914, ,046,400 Capital Outlay 16,104,600 10,863,500 26,968,100 Grants in Aid 45,466, ,157, ,623,900 Budget Reserve 21,150,900-21,150,900 TOTAL EXPENSES $ 485,963,400 $ 236,554,900 $ 722,518,300 B-6

19 Expenses Unrestricted Restricted Operation & Maintenance 11% Student Financial Aid 3% Budget Reserve 4% Institutional Support 21% Instruction 41% Student Financial Aid 64% Instruction 23% Student Services 6% Libraries 1% Academic Support 5% Public Service 8% Student Institutional Services 6% Support 2% Academic Support 4% Public Service 1% Expenses Summary Unrestricted Restricted Personnel Costs 63% Grants in Aid 62% Personnel Costs 16% Operating Expenses 22% Operating Expenses 19% Budget Reserve 4% Grants in Aid 9% Capital Outlay 2% Capital Outlay 3% B-7

20 Unrestricted Expenses Restricted Operation & Maintenance 12% Student Financial Aid 3% Budget Reserve 4% Instruction 41% Student Financial Aid 63% Institutional Support 19% Instruction 21% Student Services 7% Libraries 2% Academic Support 5% Public Service 7% Operation & Maintenance 2% Institutional Support 2% Student Services 6% Academic Support 5% Public Service 1% Expenses Summary Unrestricted Restricted Personnel Costs 63% Operating Expenses 20% Grants in Aid 62% Personnel Costs 18% Operating Expenses 16% Budget Reserve 4% Grants in Aid 10% Capital Outlay 3% Capital Outlay 4% B-8

21 Revenue and Expense Detail

22 Operating Budget ASHLAND COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 17,125,600 $ - $ 17,125,600 Federal - 6,214,100 6,214,100 State - 1,131,100 1,131,100 County 42,900-42,900 Private Funds - 21,300 21,300 Endowment Income - 63,000 63,000 Investment Income Sales/Services Educational Activity 167, ,500 Other Sources 2,727,500-2,727,500 Budget Reserve 1,151,200-1,151,200 TOTAL REVENUES $ 21,214,700 $ 7,429,500 $ 28,644,200 FUNCTION OF EXPENSES Instruction $ 8,743,200 $ 757,900 $ 9,501,100 Public Service 20,000 48,500 68,500 Academic Support 558,600 16, ,100 Libraries 539, ,500 Student Services 2,019, ,900 2,482,900 Institutional Support 4,739,700 10,700 4,750,400 Operation and Maintenance 2,579,800-2,579,800 Student Financial Aid 1,151,500 6,132,000 7,283,500 Budget Reserve 863, ,400 TOTAL EXPENSES $ 21,214,700 $ 7,429,500 $ 28,644,200 Personnel Costs $ 13,822,800 $ 1,034,700 $ 14,857,500 Operating Expenses 5,045, ,000 5,335,000 Capital Outlay 336,400 73, ,300 Grants in Aid 1,147,100 6,030,900 7,178,000 Budget Reserve 863, ,400 TOTAL EXPENSES $ 21,214,700 $ 7,429,500 $ 28,644,200 C-1

23 Operating Budget ASHLAND COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 18,028,800 $ - $ 18,028,800 Federal - 7,793,300 7,793,300 State - 807, ,500 County 42,900-42,900 Private Funds - 178, ,300 Endowment Income - 31,600 31,600 Investment Income Sales/Services Educational Activity 178, ,500 Other Sources 2,767,600-2,767,600 Budget Reserve 1,151,200-1,151,200 TOTAL REVENUES $ 22,169,000 $ 8,810,700 $ 30,979,700 FUNCTION OF EXPENSES UNRESTRICTED RESTRICTED TOTAL Instruction $ 8,374,900 $ 715,400 $ 9,090,300 Public Service 20, , ,100 Academic Support 558,900 19, ,100 Libraries 540, ,300 Student Services 2,021,400 1,021,200 3,042,600 Institutional Support 5,433, ,300 5,535,600 Operation and Maintenance 3,001,400-3,001,400 Student Financial Aid 1,067,600 6,840,500 7,908,100 Budget Reserve 1,151,200-1,151,200 TOTAL EXPENSES $ 22,169,000 $ 8,810,700 $ 30,979,700 Personnel Costs $ 13,590,900 $ 1,448,100 $ 15,039,000 Operating Expenses 6,170, ,200 6,747,700 Capital Outlay 193,800 46, ,800 Grants in Aid 1,062,600 6,739,400 7,802,000 Budget Reserve 1,151,200-1,151,200 TOTAL EXPENSES $ 22,169,000 $ 8,810,700 $ 30,979,700 C-2

24 Operating Budget BIG SANDY COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 19,179,300 $ - $ 19,179,300 Federal - 7,136,500 7,136,500 State 20,000 3,298,500 3,318,500 Private Funds - 11,600 11,600 Endowment Income - 112, ,000 Investment Income Sales/Services Educational Activity 448, ,100 Other Sources - 7,000 7,000 Budget Reserve 1,278,200-1,278,200 TOTAL REVENUES $ 20,925,600 $ 10,565,600 $ 31,491,200 FUNCTION OF EXPENSES Instruction $ 9,222,100 $ 856,000 $ 10,078,100 Public Service 615, , ,800 Academic Support 1,238,900 9,000 1,247,900 Libraries Student Services 1,654, ,000 1,973,700 Institutional Support 3,596, ,300 3,741,100 Operation and Maintenance 2,387,500-2,387,500 Student Financial Aid 1,251,200 8,957,300 10,208,500 Budget Reserve 958, ,600 TOTAL EXPENSES $ 20,925,600 $ 10,565,600 $ 31,491,200 Personnel Costs $ 15,561,700 $ 1,211,000 $ 16,772,700 Operating Expenses 2,838, ,300 3,235,700 Capital Outlay 316, ,000 Grants in Aid 1,250,900 8,957,300 10,208,200 Budget Reserve 958, ,600 TOTAL EXPENSES $ 20,925,600 $ 10,565,600 $ 31,491,200 C-3

25 Operating Budget BIG SANDY COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 19,254,200 $ - $ 19,254,200 Federal - 9,342,000 9,342,000 State 183,600 1,113,500 1,297,100 Private Funds - 16,400 16,400 Endowment Income - 53,700 53,700 Investment Income Sales/Services Educational Activity 230, ,900 Other Sources 252, ,000 Budget Reserve 1,278,200-1,278,200 TOTAL REVENUES $ 21,199,500 $ 10,526,000 $ 31,725,500 FUNCTION OF EXPENSES UNRESTRICTED RESTRICTED TOTAL Instruction $ 9,555,000 $ 1,009,400 $ 10,564,400 Public Service 712, ,000 1,302,700 Academic Support 1,192,500 7,500 1,200,000 Libraries Student Services 1,508, ,100 1,780,400 Institutional Support 3,797, ,200 3,902,800 Operation and Maintenance 2,269,900-2,269,900 Student Financial Aid 885,300 8,541,800 9,427,100 Budget Reserve 1,278,200-1,278,200 TOTAL EXPENSES $ 21,199,500 $ 10,526,000 $ 31,725,500 Personnel Costs $ 15,578,100 $ 1,275,700 $ 16,853,800 Operating Expenses 3,294, ,100 3,727,100 Capital Outlay 163, , ,900 Grants in Aid 885,300 8,417,200 9,302,500 Budget Reserve 1,278,200-1,278,200 TOTAL EXPENSES $ 21,199,500 $ 10,526,000 $ 31,725,500 C-4

26 Operating Budget BLUEGRASS COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 41,275,900 $ - $ 41,275,900 Federal - 22,967,900 22,967,900 State 50, , ,200 Private Funds - 253, ,700 Endowment Income - 226, ,700 Investment Income Sales/Services Educational Activity 530, ,700 Other Sources 950, ,800 Budget Reserve 1,633,400-1,633,400 TOTAL REVENUES $ 44,440,800 $ 24,204,500 $ 68,645,300 FUNCTION OF EXPENSES Instruction $ 25,906,200 $ 4,288,500 $ 30,194,700 Public Service Academic Support 1,411, ,700 1,753,700 Libraries 307, ,600 Student Services 3,776,000 2,059,800 5,835,800 Institutional Support 7,547, ,800 7,983,500 Operation and Maintenance 3,044,100 19,300 3,063,400 Student Financial Aid 1,223,100 17,058,400 18,281,500 Budget Reserve 1,225,100-1,225,100 TOTAL EXPENSES $ 44,440,800 $ 24,204,500 $ 68,645,300 Personnel Costs $ 35,291,700 $ 4,187,400 $ 39,479,100 Operating Expenses 6,373,200 2,455,400 8,828,600 Capital Outlay 327, ,700 1,016,500 Grants in Aid 1,223,000 16,873,000 18,096,000 Budget Reserve 1,225,100-1,225,100 TOTAL EXPENSES $ 44,440,800 $ 24,204,500 $ 68,645,300 C-5

27 Operating Budget BLUEGRASS COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 44,913,900 $ - $ 44,913,900 Federal - 20,674,500 20,674,500 State - 3,916,400 3,916,400 Private Funds - 183, ,400 Endowment Income - 23,400 23,400 Investment Income Sales/Services Educational Activity 1,069,100-1,069,100 Other Sources 1,011,000-1,011,000 Budget Reserve 1,633,400-1,633,400 TOTAL REVENUES $ 48,627,400 $ 24,797,700 $ 73,425,100 FUNCTION OF EXPENSES UNRESTRICTED RESTRICTED TOTAL Instruction $ 26,518,300 $ 3,087,600 $ 29,605,900 Public Service - 3,400 3,400 Academic Support 1,568,900 68,500 1,637,400 Libraries 350,000 62, ,000 Student Services 3,607,700 1,551,900 5,159,600 Institutional Support 9,711,000 54,200 9,765,200 Operation and Maintenance 3,197,700-3,197,700 Student Financial Aid 2,040,400 19,970,100 22,010,500 Budget Reserve 1,633,400-1,633,400 TOTAL EXPENSES $ 48,627,400 $ 24,797,700 $ 73,425,100 Personnel Costs $ 36,066,900 $ 3,280,200 $ 39,347,100 Operating Expenses 8,671,900 1,411,800 10,083,700 Capital Outlay 214, , ,800 Grants in Aid 2,040,400 19,784,700 21,825,100 Budget Reserve 1,633,400-1,633,400 TOTAL EXPENSES $ 48,627,400 $ 24,797,700 $ 73,425,100 C-6

28 Operating Budget BOWLING GREEN TECHNICAL COLLEGE Public Funds $ 11,357,000 $ - $ 11,357,000 Federal - 2,333,200 2,333,200 State - 1,045,900 1,045,900 Private Funds - 570, ,700 Endowment Income Investment Income Sales/Services Educational Activity 110, ,000 Other Sources 1,902,500-1,902,500 Budget Reserve 623, ,100 TOTAL REVENUES $ 13,992,600 $ 3,949,800 $ 17,942,400 FUNCTION OF EXPENSES Instruction $ 6,680,700 $ 1,073,400 $ 7,754,100 Public Service Academic Support 301, ,000 Libraries 271, ,100 Student Services 908, ,400 1,069,000 Institutional Support 2,734, ,000 2,834,100 Operation and Maintenance 1,758,600-1,758,600 Student Financial Aid 871,200 2,616,000 3,487,200 Budget Reserve 467, ,300 TOTAL EXPENSES $ 13,992,600 $ 3,949,800 $ 17,942,400 Personnel Costs $ 8,560,600 $ 1,000,400 $ 9,561,000 Operating Expenses 3,297, ,400 3,928,700 Capital Outlay 796,200 2, ,200 Grants in Aid 871,200 2,316,000 3,187,200 Budget Reserve 467, ,300 TOTAL EXPENSES $ 13,992,600 $ 3,949,800 $ 17,942,400 C-7

29 Operating Budget BOWLING GREEN TECHNICAL COLLEGE Public Funds $ 11,681,200 $ - $ 11,681,200 Federal - 3,218,800 3,218,800 State Private Funds - 516, ,400 Endowment Income Investment Income Sales/Services Educational Activity 160, ,000 Other Sources 1,902,500-1,902,500 Budget Reserve 623, ,100 TOTAL REVENUES $ 14,366,800 $ 3,735,200 $ 18,102,000 FUNCTION OF EXPENSES UNRESTRICTED RESTRICTED TOTAL Instruction $ 6,572,400 $ 854,600 $ 7,427,000 Public Service Academic Support 291, ,900 Libraries 313, ,000 Student Services 981, ,600 1,146,100 Institutional Support 2,924, ,000 3,024,400 Operation and Maintenance 2,018,300-2,018,300 Student Financial Aid 642,200 2,616,000 3,258,200 Budget Reserve 623, ,100 TOTAL EXPENSES $ 14,366,800 $ 3,735,200 $ 18,102,000 Personnel Costs $ 9,013,200 $ 799,500 $ 9,812,700 Operating Expenses 2,712, ,700 3,330,100 Capital Outlay 1,375,900 2,000 1,377,900 Grants in Aid 642,200 2,316,000 2,958,200 Budget Reserve 623, ,100 TOTAL EXPENSES $ 14,366,800 $ 3,735,200 $ 18,102,000 C-8

30 Operating Budget ELIZABETHTOWN COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 19,947,700 $ - $ 19,947,700 Federal - 8,854,100 8,854,100 State - 1,726,800 1,726,800 Private Funds - 154, ,900 Endowment Income - 154, ,700 Investment Income Sales/Services Educational Activity 234, ,700 Other Sources 2,756,000-2,756,000 Budget Reserve 1,337,400-1,337,400 TOTAL REVENUES $ 24,275,800 $ 10,890,500 $ 35,166,300 FUNCTION OF EXPENSES Instruction $ 13,370,500 $ 1,041,200 $ 14,411,700 Public Service 133,800 27, ,800 Academic Support 1,754,500 31,300 1,785,800 Libraries 460, ,700 Student Services 1,752, ,600 2,251,100 Institutional Support 2,894,200 56,900 2,951,100 Operation and Maintenance 2,422,300 12,500 2,434,800 Student Financial Aid 484,200 9,223,000 9,707,200 Budget Reserve 1,003,100-1,003,100 TOTAL EXPENSES $ 24,275,800 $ 10,890,500 $ 35,166,300 Personnel Costs $ 17,122,900 $ 932,200 $ 18,055,100 Operating Expenses 5,410, ,400 6,149,600 Capital Outlay 271, , ,300 Grants in Aid 468,300 9,118,900 9,587,200 Budget Reserve 1,003,100-1,003,100 TOTAL EXPENSES $ 24,275,800 $ 10,890,500 $ 35,166,300 C-9

31 Operating Budget ELIZABETHTOWN COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 21,984,800 $ - $ 21,984,800 Federal - 10,651,100 10,651,100 State - 1,350,000 1,350,000 Private Funds - 494, ,500 Endowment Income - 27,300 27,300 Investment Income Sales/Services Educational Activity 251, ,200 Other Sources 3,938,500-3,938,500 Budget Reserve 1,337,400-1,337,400 TOTAL REVENUES $ 27,511,900 $ 12,522,900 $ 40,034,800 FUNCTION OF EXPENSES UNRESTRICTED RESTRICTED TOTAL Instruction $ 15,005,100 $ 936,700 $ 15,941,800 Public Service 41,200 18,600 59,800 Academic Support 1,789,900 32,700 1,822,600 Libraries 469, ,700 Student Services 1,925, ,100 2,546,500 Institutional Support 3,502,100 83,400 3,585,500 Operation and Maintenance 2,939, ,200 3,103,500 Student Financial Aid 501,800 10,666,200 11,168,000 Budget Reserve 1,337,400-1,337,400 TOTAL EXPENSES $ 27,511,900 $ 12,522,900 $ 40,034,800 Personnel Costs $ 18,346,200 $ 957,400 $ 19,303,600 Operating Expenses 7,172, ,400 8,075,700 Capital Outlay 166, , ,500 Grants in Aid 489,500 10,562,100 11,051,600 Budget Reserve 1,337,400-1,337,400 TOTAL EXPENSES $ 27,511,900 $ 12,522,900 $ 40,034,800 C-10

32 Operating Budget GATEWAY COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 12,776,200 $ - $ 12,776,200 Federal - 5,760,400 5,760,400 State - 1,331,300 1,331,300 Private Funds - 649, ,400 Endowment Income - 12,300 12,300 Investment Income Sales/Services Educational Activity 214, ,000 Other Sources 870,000 54, ,100 Budget Reserve 651, ,300 TOTAL REVENUES $ 14,511,500 $ 7,807,500 $ 22,319,000 FUNCTION OF EXPENSES Instruction $ 5,635,700 $ 2,196,200 $ 7,831,900 Public Service 57, , ,300 Academic Support 1,382,000 1,076,200 2,458,200 Libraries Student Services 1,189,400 1,026,300 2,215,700 Institutional Support 3,157,100 50,300 3,207,400 Operation and Maintenance 2,055,500 6,900 2,062,400 Student Financial Aid 545,400 3,308,200 3,853,600 Budget Reserve 488, ,500 TOTAL EXPENSES $ 14,511,500 $ 7,807,500 $ 22,319,000 Personnel Costs $ 10,185,000 $ 3,151,500 $ 13,336,500 Operating Expenses 3,254,600 1,398,900 4,653,500 Capital Outlay 38,000-38,000 Grants in Aid 545,400 3,257,100 3,802,500 Budget Reserve 488, ,500 TOTAL EXPENSES $ 14,511,500 $ 7,807,500 $ 22,319,000 C-11

33 Operating Budget GATEWAY COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 14,738,300 $ - $ 14,738,300 Federal - 6,212,500 6,212,500 State - 1,339,400 1,339,400 Private Funds - 2,340,600 2,340,600 Endowment Income - 19,500 19,500 Investment Income Sales/Services Educational Activity 243, ,900 Other Sources 1,521,600 99,900 1,621,500 Budget Reserve 651, ,300 TOTAL REVENUES $ 17,155,100 $ 10,011,900 $ 27,167,000 FUNCTION OF EXPENSES UNRESTRICTED RESTRICTED TOTAL Instruction $ 6,910,800 $ 3,147,700 $ 10,058,500 Public Service 59,100 76,100 $ 135,200 Academic Support 1,505, ,900 $ 2,148,100 Libraries - - $ - Student Services 1,829, ,200 $ 2,296,700 Institutional Support 3,298,300 80,300 $ 3,378,600 Operation and Maintenance 2,365,500 6,900 $ 2,372,400 Student Financial Aid 535,400 5,590,800 $ 6,126,200 Budget Reserve 651,300 - $ 651,300 TOTAL EXPENSES $ 17,155,100 $ 10,011,900 $ 27,167,000 Personnel Costs $ 12,096,500 $ 4,223,500 $ 16,320,000 Operating Expenses 3,175, ,600 3,413,200 Capital Outlay 696, ,300 Grants in Aid 535,400 5,550,800 6,086,200 Budget Reserve 651, ,300 TOTAL EXPENSES $ 17,155,100 $ 10,011,900 $ 27,167,000 C-12

34 Operating Budget HAZARD COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 18,928,900 $ - $ 18,928,900 Federal - 10,613,300 10,613,300 State 16,000 1,032,400 1,048,400 Private Funds - 605, ,300 Endowment Income - 791, ,500 Investment Income Sales/Services Educational Activity 569, ,300 Other Sources 798, ,500 Budget Reserve 1,027,800-1,027,800 TOTAL REVENUES $ 21,340,500 $ 13,042,500 $ 34,383,000 FUNCTION OF EXPENSES Instruction $ 8,511,200 $ 1,608,300 $ 10,119,500 Public Service 780, ,900 1,518,300 Academic Support 2,001, ,300 2,591,000 Libraries 471,100 19, ,800 Student Services 1,980,800 1,047,900 3,028,700 Institutional Support 3,350, ,800 3,745,400 Operation and Maintenance 2,956,400-2,956,400 Student Financial Aid 517,400 8,644,600 9,162,000 Budget Reserve 770, ,900 TOTAL EXPENSES $ 21,340,500 $ 13,042,500 $ 34,383,000 Personnel Costs $ 15,755,900 $ 1,642,700 $ 17,398,600 Operating Expenses 3,775,000 2,200,900 5,975,900 Capital Outlay 521, ,400 1,194,700 Grants in Aid 517,400 8,525,500 9,042,900 Budget Reserve 770, ,900 TOTAL EXPENSES $ 21,340,500 $ 13,042,500 $ 34,383,000 C-13

35 Operating Budget HAZARD COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 19,210,400 $ - $ 19,210,400 Federal - 11,256,300 11,256,300 State - 1,267,800 1,267,800 Private Funds - 349, ,700 Endowment Income - 164, ,200 Investment Income Sales/Services Educational Activity 561, ,300 Other Sources 774,000 1,088,900 1,862,900 Budget Reserve 770, ,900 TOTAL REVENUES $ 21,316,600 $ 14,126,900 $ 35,443,500 FUNCTION OF EXPENSES UNRESTRICTED RESTRICTED TOTAL Instruction $ 8,182,800 $ 2,708,000 $ 10,890,800 Public Service 743, ,700 1,067,200 Academic Support 1,657, ,800 2,511,700 Libraries 471,100 19, ,800 Student Services 2,362,700 1,686,500 4,049,200 Institutional Support 3,541, ,400 3,789,500 Operation and Maintenance 3,096,500-3,096,500 Student Financial Aid 490,100 8,286,800 8,776,900 Budget Reserve 770, ,900 TOTAL EXPENSES $ 21,316,600 $ 14,126,900 $ 35,443,500 Personnel Costs $ 15,778,800 $ 2,536,600 $ 18,315,400 Operating Expenses 3,982,400 2,963,600 6,946,000 Capital Outlay 294, , ,400 Grants in Aid 490,100 8,167,700 8,657,800 Budget Reserve 770, ,900 TOTAL EXPENSES $ 21,316,600 $ 14,126,900 $ 35,443,500 C-14

36 Operating Budget HENDERSON COMMUNITY COLLEGE Public Funds $ 9,210,500 $ - $ 9,210,500 Federal - 3,464,200 3,464,200 State - 421, ,500 County - 184, ,700 Private Funds - 78,500 78,500 Endowment Income - 49,500 49,500 Investment Income Sales/Services Educational Activity 203, ,600 Other Sources 157, ,600 Budget Reserve 553, ,200 TOTAL REVENUES $ 10,124,900 $ 4,198,400 $ 14,323,300 FUNCTION OF EXPENSES Instruction $ 4,676,100 $ 572,200 $ 5,248,300 Public Service 387,600 13, ,100 Academic Support 536, , ,900 Libraries 387, ,700 Student Services 831, , ,000 Institutional Support 1,462,300 17,800 1,480,100 Operation and Maintenance 1,313,800-1,313,800 Student Financial Aid 114,600 3,188,900 3,303,500 Budget Reserve 414, ,900 TOTAL EXPENSES $ 10,124,900 $ 4,198,400 $ 14,323,300 Personnel Costs $ 8,187,900 $ 612,100 $ 8,800,000 Operating Expenses 1,256, ,400 1,675,600 Capital Outlay 151, ,800 Grants in Aid 114,100 3,166,900 3,281,000 Budget Reserve 414, ,900 TOTAL EXPENSES $ 10,124,900 $ 4,198,400 $ 14,323,300 C-15

37 Operating Budget HENDERSON COMMUNITY COLLEGE Public Funds $ 9,210,700 $ - $ 9,210,700 Federal - 3,752,500 3,752,500 State - 41,000 41,000 Private Funds - 201, ,800 Endowment Income - 26,200 26,200 Investment Income Sales/Services Educational Activity 204, ,400 Other Sources 191, ,800 Budget Reserve 553, ,200 TOTAL REVENUES $ 10,160,100 $ 4,021,500 $ 14,181,600 FUNCTION OF EXPENSES UNRESTRICTED RESTRICTED TOTAL Instruction $ 4,653,100 $ 477,700 $ 5,130,800 Public Service 372,600 22, ,600 Academic Support 522,000 96, ,400 Libraries 382, ,100 Student Services 767,900 91, ,900 Institutional Support 1,622,100 17,800 1,639,900 Operation and Maintenance 1,095,700-1,095,700 Student Financial Aid 191,300 3,315,700 3,507,000 Budget Reserve 553, ,200 TOTAL EXPENSES $ 10,160,100 $ 4,021,500 $ 14,181,600 Personnel Costs $ 8,090,900 $ 545,900 $ 8,636,800 Operating Expenses 1,243, ,400 1,434,700 Capital Outlay 81,900-81,900 Grants in Aid 190,800 3,284,200 3,475,000 Budget Reserve 553, ,200 TOTAL EXPENSES $ 10,160,100 $ 4,021,500 $ 14,181,600 C-16

38 Operating Budget HOPKINSVILLE COMMUNITY COLLEGE Public Funds $ 12,189,900 $ - $ 12,189,900 Federal - 7,317,500 7,317,500 State - 1,189,300 1,189,300 Private Funds - 115, ,400 Endowment Income - 118, ,300 Investment Income Sales/Services Educational Activity 98,000-98,000 Other Sources 1,088, ,700 1,830,800 Budget Reserve 848, ,500 TOTAL REVENUES $ 14,224,500 $ 9,483,200 $ 23,707,700 FUNCTION OF EXPENSES Instruction $ 7,377,500 $ 1,573,500 $ 8,951,000 Public Service 203,700 3, ,200 Academic Support 660, ,900 1,529,300 Libraries 361, ,600 Student Services 1,210, ,600 1,974,300 Institutional Support 2,082,900 67,100 2,150,000 Operation and Maintenance 1,475,000-1,475,000 Student Financial Aid 216,300 6,206,600 6,422,900 Budget Reserve 636, ,400 TOTAL EXPENSES $ 14,224,500 $ 9,483,200 $ 23,707,700 Personnel Costs $ 10,417,700 $ 725,500 $ 11,143,200 Operating Expenses 2,750,000 2,102,500 4,852,500 Capital Outlay 204, , ,100 Grants in Aid 216,300 6,096,200 6,312,500 Budget Reserve 636, ,400 TOTAL EXPENSES $ 14,224,500 $ 9,483,200 $ 23,707,700 C-17

39 Operating Budget HOPKINSVILLE COMMUNITY COLLEGE Public Funds $ 12,658,600 $ - $ 12,658,600 Federal - 7,103,000 7,103,000 State - 2,472,500 2,472,500 Private Funds - 75,500 75,500 Endowment Income - 60,100 60,100 Investment Income Sales/Services Educational Activity 96,800-96,800 Other Sources 966, ,200 1,812,300 Budget Reserve 848, ,500 TOTAL REVENUES $ 14,570,000 $ 10,557,300 $ 25,127,300 FUNCTION OF EXPENSES UNRESTRICTED RESTRICTED TOTAL Instruction $ 7,486,700 $ 2,128,200 $ 9,614,900 Public Service 203,700 3, ,300 Academic Support 597, ,500 1,294,900 Libraries 363, ,100 Student Services 1,273, ,800 2,047,100 Institutional Support 2,173,300 54,100 2,227,400 Operation and Maintenance 1,389,700-1,389,700 Student Financial Aid 234,300 6,900,100 7,134,400 Budget Reserve 848, ,500 TOTAL EXPENSES $ 14,570,000 $ 10,557,300 $ 25,127,300 Personnel Costs $ 10,735,700 $ 1,356,300 $ 12,092,000 Operating Expenses 2,653,100 1,807,600 4,460,700 Capital Outlay 98, , ,000 Grants in Aid 234,300 6,789,800 7,024,100 Budget Reserve 848, ,500 TOTAL EXPENSES $ 14,570,000 $ 10,557,300 $ 25,127,300 C-18

40 Operating Budget JEFFERSON COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 49,752,600 $ - $ 49,752,600 Federal - 21,935,500 21,935,500 State Private Funds - 123, ,500 Endowment Income - 96,400 96,400 Investment Income Sales/Services Educational Activity 1,943,100-1,943,100 Other Sources - 807, ,200 Budget Reserve 2,498,600-2,498,600 TOTAL REVENUES $ 54,194,300 $ 22,962,600 $ 77,156,900 FUNCTION OF EXPENSES Instruction $ 28,238,700 $ 3,763,700 $ 32,002,400 Public Service 113,600 39, ,900 Academic Support 4,534, ,900 5,329,000 Libraries 287, ,700 Student Services 4,120,100 1,016,800 5,136,900 Institutional Support 7,404, ,700 7,566,700 Operation and Maintenance 4,512, ,000 4,626,000 Student Financial Aid 3,110,100 17,071,200 20,181,300 Budget Reserve 1,874,000-1,874,000 TOTAL EXPENSES $ 54,194,300 $ 22,962,600 $ 77,156,900 Personnel Costs $ 41,385,000 $ 4,173,000 $ 45,558,000 Operating Expenses 7,188,900 1,412,900 8,601,800 Capital Outlay 733, ,200 1,156,700 Grants in Aid 3,012,900 16,953,500 19,966,400 Budget Reserve 1,874,000-1,874,000 TOTAL EXPENSES $ 54,194,300 $ 22,962,600 $ 77,156,900 C-19

41 Operating Budget JEFFERSON COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 51,240,300 $ - $ 51,240,300 Federal - 22,022,800 22,022,800 State - 4,437,100 4,437,100 Private Funds - 153, ,100 Endowment Income - 52,800 52,800 Investment Income Sales/Services Educational Activity 1,385,100-1,385,100 Other Sources 655, ,400 1,504,000 Budget Reserve 1,878,600-1,878,600 TOTAL REVENUES $ 55,159,600 $ 27,514,200 $ 82,673,800 FUNCTION OF EXPENSES UNRESTRICTED RESTRICTED TOTAL Instruction $ 29,281,800 $ 5,452,400 $ 34,734,200 Public Service 167,300 40, ,000 Academic Support 4,731, ,400 5,542,600 Libraries 298, ,000 Student Services 3,846,000 1,175,700 5,021,700 Institutional Support 7,690, ,400 7,904,000 Operation and Maintenance 4,651, ,900 4,764,000 Student Financial Aid 2,615,000 19,707,700 22,322,700 Budget Reserve 1,878,600-1,878,600 TOTAL EXPENSES $ 55,159,600 $ 27,514,200 $ 82,673,800 Personnel Costs $ 42,640,500 $ 5,754,600 $ 48,395,100 Operating Expenses 7,598,500 2,101,200 9,699,700 Capital Outlay 427, , ,400 Grants in Aid 2,614,800 19,406,200 22,021,000 Budget Reserve 1,878,600-1,878,600 TOTAL EXPENSES $ 55,159,600 $ 27,514,200 $ 82,673,800 C-20

42 Operating Budget MADISONVILLE COMMUNITY COLLEGE Public Funds $ 15,686,600 $ - $ 15,686,600 Federal - 9,683,900 9,683,900 State 2,200 72,100 74,300 Private Funds - 322, ,300 Endowment Income - 371, ,400 Investment Income Sales/Services Educational Activity 383, ,600 Other Sources 1,758,400-1,758,400 Budget Reserve 1,009,700-1,009,700 TOTAL REVENUES $ 18,840,500 $ 10,449,700 $ 29,290,200 FUNCTION OF EXPENSES Instruction $ 9,457,900 $ 1,699,000 $ 11,156,900 Public Service 462, , ,800 Academic Support 351, , ,400 Libraries 522,100 4, ,100 Student Services 1,427,400 1,929,300 3,356,700 Institutional Support 2,842,800 81,700 2,924,500 Operation and Maintenance 2,068,700 59,000 2,127,700 Student Financial Aid 951,300 6,062,500 7,013,800 Budget Reserve 757, ,300 TOTAL EXPENSES $ 18,840,500 $ 10,449,700 $ 29,290,200 Personnel Costs $ 13,158,400 $ 2,305,200 $ 15,463,600 Operating Expenses 3,751,000 2,177,700 5,928,700 Capital Outlay 222, ,500 Grants in Aid 951,300 5,966,800 6,918,100 Budget Reserve 757, ,300 TOTAL EXPENSES $ 18,840,500 $ 10,449,700 $ 29,290,200 C-21

43 Operating Budget MADISONVILLE COMMUNITY COLLEGE Public Funds $ 16,209,200 $ - $ 16,209,200 Federal - 8,950,800 8,950,800 State - 2,138,900 2,138,900 Private Funds - 488, ,700 Endowment Income - 237, ,600 Investment Income Sales/Services Educational Activity 383, ,600 Other Sources 2,062,200-2,062,200 Budget Reserve 1,009,700-1,009,700 TOTAL REVENUES $ 19,664,700 $ 11,816,000 $ 31,480,700 FUNCTION OF EXPENSES UNRESTRICTED RESTRICTED TOTAL Instruction $ 9,501,000 $ 1,933,200 $ 11,434,200 Public Service 457, , ,700 Academic Support 355, , ,600 Libraries 520,400 2, ,400 Student Services 1,435,500 2,098,700 3,534,200 Institutional Support 2,869, ,400 2,979,100 Operation and Maintenance 2,561,100 91,500 2,652,600 Student Financial Aid 955,200 7,034,000 7,989,200 Budget Reserve 1,009,700-1,009,700 TOTAL EXPENSES $ 19,664,700 $ 11,816,000 $ 31,480,700 Personnel Costs $ 13,306,300 $ 2,240,800 $ 15,547,100 Operating Expenses 4,296,800 2,637,000 6,933,800 Capital Outlay 96,700-96,700 Grants in Aid 955,200 6,938,200 7,893,400 Budget Reserve 1,009,700-1,009,700 TOTAL EXPENSES $ 19,664,700 $ 11,816,000 $ 31,480,700 C-22

44 Operating Budget MAYSVILLE COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 16,452,600 $ - $ 16,452,600 Federal - 5,601,700 5,601,700 State 26, , ,300 Private Funds - 1,122,300 1,122,300 Endowment Income - 152, ,800 Investment Income Sales/Services Educational Activity 53,900-53,900 Other Sources 1,144,600-1,144,600 Budget Reserve 901, ,000 TOTAL REVENUES $ 18,578,200 $ 7,616,000 $ 26,194,200 FUNCTION OF EXPENSES Instruction $ 10,152,300 $ 1,327,500 $ 11,479,800 Public Service 162, ,800 Academic Support 871, ,400 1,088,700 Libraries 446, ,000 Student Services 1,046, ,100 1,431,700 Institutional Support 2,674, ,500 3,075,300 Operation and Maintenance 1,288, ,100 1,674,100 Student Financial Aid 1,260,600 4,899,400 6,160,000 Budget Reserve 675, ,800 TOTAL EXPENSES $ 18,578,200 $ 7,616,000 $ 26,194,200 Personnel Costs $ 13,174,200 $ 1,329,300 $ 14,503,500 Operating Expenses 3,200, ,800 4,012,700 Capital Outlay 272, , ,700 Grants in Aid 1,255,000 4,785,500 6,040,500 Budget Reserve 675, ,800 TOTAL EXPENSES $ 18,578,200 $ 7,616,000 $ 26,194,200 C-23

45 Operating Budget MAYSVILLE COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 16,500,400 $ - $ 16,500,400 Federal - 8,529,500 8,529,500 State - 335, ,600 Private Funds - 1,114,400 1,114,400 Endowment Income - 8,900 8,900 Investment Income Sales/Services Educational Activity 53,900-53,900 Other Sources 1,153,900-1,153,900 Budget Reserve 901, ,000 TOTAL REVENUES $ 18,609,200 $ 9,988,400 $ 28,597,600 FUNCTION OF EXPENSES UNRESTRICTED RESTRICTED TOTAL Instruction $ 10,123,600 $ 955,100 $ 11,078,700 Public Service 162, ,800 Academic Support 782, ,400 1,246,200 Libraries 446, ,000 Student Services 1,051, ,000 1,510,200 Institutional Support 2,676, ,500 3,030,900 Operation and Maintenance 1,200, ,100 1,586,500 Student Financial Aid 1,265,000 7,370,300 8,635,300 Budget Reserve 901, ,000 TOTAL EXPENSES $ 18,609,200 $ 9,988,400 $ 28,597,600 Personnel Costs $ 13,204,900 $ 1,376,400 $ 14,581,300 Operating Expenses 3,077, ,200 3,863,500 Capital Outlay 166, , ,000 Grants in Aid 1,259,400 7,351,400 8,610,800 Budget Reserve 901, ,000 TOTAL EXPENSES $ 18,609,200 $ 9,988,400 $ 28,597,600 C-24

46 Operating Budget OWENSBORO COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 16,484,900 $ - $ 16,484,900 Federal - 5,966,400 5,966,400 State 100 2,560,100 2,560,200 Private Funds - 247, ,600 Endowment Income - 19,800 19,800 Investment Income Sales/Services Educational Activity 852, ,600 Other Sources 1,500, ,800 1,605,800 Budget Reserve 1,048,500-1,048,500 TOTAL REVENUES $ 19,886,100 $ 8,899,700 $ 28,785,800 FUNCTION OF EXPENSES Instruction $ 9,960,300 $ 2,222,700 $ 12,183,000 Public Service 473,500 7, ,000 Academic Support 1,082, ,500 1,719,000 Libraries 350, ,500 Student Services 1,683, ,800 1,999,800 Institutional Support 2,233,800 20,900 2,254,700 Operation and Maintenance 2,030,300 2,500 2,032,800 Student Financial Aid 1,285,800 5,692,800 6,978,600 Budget Reserve 786, ,400 TOTAL EXPENSES $ 19,886,100 $ 8,899,700 $ 28,785,800 Personnel Costs $ 13,658,300 $ 2,174,700 $ 15,833,000 Operating Expenses 2,441, ,600 3,239,100 Capital Outlay 1,714, ,700 1,963,900 Grants in Aid 1,285,700 5,677,700 6,963,400 Budget Reserve 786, ,400 TOTAL EXPENSES $ 19,886,100 $ 8,899,700 $ 28,785,800 C-25

47 Operating Budget OWENSBORO COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 16,980,700 $ - $ 16,980,700 Federal - 9,979,100 9,979,100 State - 1,032,400 1,032,400 Private Funds - 264, ,100 Endowment Income - 11,500 11,500 Investment Income Sales/Services Educational Activity 365, ,100 Other Sources 1,945,200 99,900 2,045,100 Budget Reserve 792, ,500 TOTAL REVENUES $ 20,083,500 $ 11,387,000 $ 31,470,500 FUNCTION OF EXPENSES UNRESTRICTED RESTRICTED TOTAL Instruction $ 10,252,000 $ 2,432,600 $ 12,684,600 Public Service 461,900 10, ,900 Academic Support 1,014, ,100 1,448,700 Libraries 350, ,000 Student Services 1,563, ,500 1,870,500 Institutional Support 2,194,400-2,194,400 Operation and Maintenance 2,181,800-2,181,800 Student Financial Aid 1,273,300 8,202,800 9,476,100 Budget Reserve 792, ,500 TOTAL EXPENSES $ 20,083,500 $ 11,387,000 $ 31,470,500 Personnel Costs $ 14,010,100 $ 2,301,200 $ 16,311,300 Operating Expenses 2,424, ,800 3,290,000 Capital Outlay 1,583, ,900 1,702,300 Grants in Aid 1,273,300 8,101,100 9,374,400 Budget Reserve 792, ,500 TOTAL EXPENSES $ 20,083,500 $ 11,387,000 $ 31,470,500 C-26

48 Operating Budget SOMERSET COMMUNITY COLLEGE Public Funds $ 25,576,300 $ - $ 25,576,300 Federal - 14,540,400 14,540,400 State - 539, ,400 Private Funds - 100, ,600 Endowment Income - 2,290,600 2,290,600 Investment Income Sales/Services Educational Activity 274, ,500 Other Sources 356, , ,600 Budget Reserve 1,587,200-1,587,200 TOTAL REVENUES $ 27,794,000 $ 18,058,600 $ 45,852,600 FUNCTION OF EXPENSES Instruction $ 13,779,600 $ 2,048,100 $ 15,827,700 Public Service 832,700 25, ,700 Academic Support 1,505,700 1,112,700 2,618,400 Libraries 636, ,000 Student Services 1,964, ,400 2,401,700 Institutional Support 3,814, ,900 4,661,800 Operation and Maintenance 3,225, ,300 3,417,000 Student Financial Aid 844,700 13,397,200 14,241,900 Budget Reserve 1,190,400-1,190,400 TOTAL EXPENSES $ 27,794,000 $ 18,058,600 $ 45,852,600 Personnel Costs $ 21,161,200 $ 2,329,500 $ 23,490,700 Operating Expenses 4,266,400 2,309,200 6,575,600 Capital Outlay 331, , ,600 Grants in Aid 844,700 13,181,600 14,026,300 Budget Reserve 1,190,400-1,190,400 TOTAL EXPENSES $ 27,794,000 $ 18,058,600 $ 45,852,600 C-27

49 Operating Budget SOMERSET COMMUNITY COLLEGE Public Funds $ 25,895,700 $ - $ 25,895,700 Federal - 19,094,800 19,094,800 State - 1,812,500 1,812,500 Private Funds - 797, ,000 Endowment Income - 55,100 55,100 Investment Income Sales/Services Educational Activity 167, ,900 Other Sources 816,800 17, ,500 Budget Reserve 1,190,400-1,190,400 TOTAL REVENUES $ 28,070,800 $ 21,777,100 $ 49,847,900 FUNCTION OF EXPENSES UNRESTRICTED RESTRICTED TOTAL Instruction $ 13,264,100 $ 2,435,400 $ 15,699,500 Public Service 594,000 18, ,400 Academic Support 2,054,800 1,093,200 3,148,000 Libraries 585, ,100 Student Services 1,586, ,400 2,296,100 Institutional Support 4,189,800 77,900 4,267,700 Operation and Maintenance 3,175,500 25,100 3,200,600 Student Financial Aid 1,430,400 17,417,700 18,848,100 Budget Reserve 1,190,400-1,190,400 TOTAL EXPENSES $ 28,070,800 $ 21,777,100 $ 49,847,900 Personnel Costs $ 20,540,500 $ 2,760,300 $ 23,300,800 Operating Expenses 4,786,900 1,572,200 6,359,100 Capital Outlay 127, , ,600 Grants in Aid 1,425,400 17,109,600 18,535,000 Budget Reserve 1,190,400-1,190,400 TOTAL EXPENSES $ 28,070,800 $ 21,777,100 $ 49,847,900 C-28

50 Operating Budget SOUTHEAST KENTUCKY COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 17,643,000 $ - $ 17,643,000 Federal - 9,192,700 9,192,700 State - 1,685,200 1,685,200 Private Funds - 182, ,000 Endowment Income - 121, ,000 Investment Income Sales/Services Educational Activity 486, ,600 Other Sources 211, ,800 Budget Reserve 1,199,400-1,199,400 TOTAL REVENUES $ 19,540,800 $ 11,180,900 $ 30,721,700 FUNCTION OF EXPENSES Instruction $ 9,738,100 $ 2,528,800 $ 12,266,900 Public Service 59, , ,300 Academic Support 1,112, ,900 1,641,200 Libraries 644,600 13, ,200 Student Services 1,569, ,400 2,241,300 Institutional Support 2,481, ,400 2,696,400 Operation and Maintenance 2,421,200-2,421,200 Student Financial Aid 614,600 6,978,000 7,592,600 Budget Reserve 899, ,600 TOTAL EXPENSES $ 19,540,800 $ 11,180,900 $ 30,721,700 Personnel Costs $ 15,023,200 $ 2,508,700 $ 17,531,900 Operating Expenses 2,759,200 1,519,300 4,278,500 Capital Outlay 244, , ,200 Grants in Aid 614,100 6,878,400 7,492,500 Budget Reserve 899, ,600 TOTAL EXPENSES $ 19,540,800 $ 11,180,900 $ 30,721,700 C-29