Miles Community College

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1 Miles Community College All Funds Summary Grand Total Unrestricted Expenses Main Total Unrestricted Expenses Instruction Academic Support Student Services Institutional Support Operation & Maintenance of Plant Banner Support Grand Total Current Unrestricted Revenues Main Total Unrestricted Revenues Budget for Auxiliary Funds FY 2017 Actual Auxiliary Funds FY 2016 Budget for Designated Funds FY 2017 Actual Designated Funds FY 2016 Budget for Plant Funds FY 2017 Actual Plant Funds FY 2016 Budget for Restricted Funds FY 2017 Actual Restricted Funds FY 2016 Comparative Statement of Tuition Waivers & Scholarships Cash Reserves Cross-Reference of Funding Sources

2 MILES COMMUNITY COLLEGE ALL FUNDS SUBJECT TO BOARD OF REGENTS APPROVAL FISCAL YEAR 2017 Dollar Change Percent Change Actual Budgeted Actual 2016 to Actual 2016 to Campus/Agency FY 2016 FY 2017 Budgeted 2017 Budgeted 2017 Educational Unit, Community College or Agency: Current Operating Unrestricted $ 5,626,393 $ 5,636,429 $ 10,036 0% Current Restricted 1,268,972 1,448,785 $ 179,813 14% Current Designated 455, ,633 $ 172,446 38% Auxiliary Enterprises 1,666,246 1,836,618 $ 170,372 10% Loan & Endowment Funds - - $ - 0% Plant Funds 1,169, ,471 $ (520,950) -45% TOTAL ALL FUNDS $ 10,186,219 $ 10,197,936 $ 11,717 0%

3 CURRENT UNRESTRICTED OPERATING ACCOUNT COMPARATIVE EXPENDITURES AND FTE DATA BY PROGRAM UNIT: MILES COMMUNITY COLLEGE ACCOUNTING ENTITY: GRAND TOTAL CURRENT UNRESTRICTED EXPENSES DESCRIPTION OF ACTIVITY ACTUAL 2016 BUDGETED FY2017 BUD 200 CHANGE Contract Faculty % % 0.4% Contract Professional & Admin % % -2.3% Support Staff % % 18.8% Other Employees (Workstudy) % % TOTAL FTE'S % % 3.0% TOTAL FY FTE STUDENTS % PERSONAL SERVICES: Contract Faculty 1,219, % 1,288, % 5.7% Contract Professional & Admin. 975, % 991, % 1.7% Support Staff 366, % 409, % 11.8% Other Employees (Workstudy) 0 0.0% 0 0.0% Total Salaries $ 2,561, % $ 2,689, % 5.0% Employee Benefits 1,001, % 1,132, % 13.1% TOTAL PERSONAL SERVICES $ 3,563, % $ 3,822, % 7.3% OPERATING EXPENSES: Contracted Services 392, % 323, % -17.6% Supplies and Materials 183, % 90, % -50.6% Communications 93, % 86, % -7.9% Travel 78, % 74, % -4.9% Rent 36, % 3, % -90.5% Utilities 134, % 186, % 37.8% Repair and Maintenance 50, % 41, % -16.6% Other 143, % 135, % -5.1% Total Operating Expenses $ 1,113, % $ 942, % -15.4% Equipment and Capital 153, % 32, % -78.6% NonMandatory Transfers 382, % 389, % 1.8% Total Expenditures $ 5,212, % $ 5,187, % -0.5% Scholarships $ 413,610 $ 449, % TOTAL EXPENDITURES BY OBJECT $ 5,626,393 $ 5,636, % Recap by Program: Instruction $ 1,882, % $ 2,035, % 8.2% Academic Support $ 364, % $ 394, % 8.3% Student Services $ 1,013, % $ 1,077, % 6.3% Institutional Support $ 1,308, % $ 1,081, % -17.4% Operation and Maintenance of Plant $ 644, % $ 598, % -7.1% Sub-Total $ 5,212, % $ 5,187, % -0.5% Scholarships $ 413,610 $ 449, % TOTAL EXPENSES BY PROGRAM $ 5,626,393 $ 5,636, % Chief Financial Officer: Title Business Services Director Signature Nancy Aaberge 8/12/2016

4 CURRENT UNRESTRICTED OPERATING ACCOUNT COMPARATIVE EXPENDITURES AND FTE DATA BY PROGRAM UNIT: MILES COMMUNITY COLLEGE ACCOUNTING ENTITY: TOTAL CURRENT UNRESTRICTED EXPENSES - MAIN ACTUAL 2016 BUDGETED FY2017 BUD 200 CHANGE DESCRIPTION OF ACTIVITY Contract Faculty % % 0.4% Contract Professional & Admin % % -2.3% Support Staff % % 18.8% Other Employees (Workstudy) % % TOTAL FTE'S % % 3.0% TOTAL FY FTE STUDENTS PERSONAL SERVICES: Contract Faculty 1,219, % 1,288, % 5.7% Contract Professional & Admin. 975, % 991, % 1.7% Support Staff 366, % 409, % 11.8% Other Employees (Workstudy) 0 0.0% 0 0.0% Total Salaries $ 2,561, % $ 2,689, % 5.0% Employee Benefits 1,001, % 1,132, % 13.1% TOTAL PERSONAL SERVICES $ 3,563, % $ 3,822, % 7.3% OPERATING EXPENSES: Contracted Services 309, % 240, % -22.3% Supplies and Materials 183, % 90, % -50.6% Communications 93, % 86, % -7.9% Travel 78, % 74, % -4.9% Rent 36, % 3, % -90.5% Utilities 134, % 186, % 37.8% Repair and Maintenance 50, % 41, % -16.6% Other 143, % 135, % -5.1% Total Operating Expenses $ 1,030, % $ 859, % -16.6% Equipment and Capital 153, % 32, % -78.6% NonMandatory Transfers 382, % $ 389, % 1.8% Total Expenditures $ 5,129, % $ 5,103, % -0.5% Scholarships $ 413,610 $ 449, % TOTAL EXPENDITURES BY OBJECT $ 5,543,149 $ 5,553, % Recap by Program: Instruction $ 1,882, % $ 2,035, % 8.2% Academic Support $ 364, % $ 394, % 8.3% Student Services $ 1,013, % $ 1,077, % 6.3% Institutional Support $ 1,225, % $ 997, % -18.6% Operation and Maintenance of Plant $ 644, % $ 598, % -7.1% Sub-Total $ 5,129, % $ 5,103, % -0.5% Scholarships $ 413,610 $ 449, % TOTAL EXPENSES BY PROGRAM $ 5,543,149 $ 5,553, % Chief Financial Officer: Title Business Services Director Signature Nancy Aaberge 8/12/2016

5 UNIT: MILES COMMUNITY COLLEGE ACCOUNTING FUNCTION: INSTRUCTION DESCRIPTION OF ACTIVITY ACTUAL 2016 BUDGETED FY2017 CHANGE Contract Faculty % % 0.4% Contract Professional & Admin % % -33.3% Support Staff % % 33.8% Other Employees (Workstudy) 0.0% 0.0% TOTAL FTE'S % % -0.3% TOTAL FY FTE STUDENTS PERSONAL SERVICES: CURRENT UNRESTRICTED OPERATING ACCOUNT COMPARATIVE EXPENDITURES AND FTE DATA BY PROGRAM Contract Faculty $ 1,219, % $ 1,288, % 5.7% Contract Professional & Admin. $ 53, % $ 35, % -34.0% Support Staff $ 29, % $ 43, % 45.1% Other Employees (Workstudy) $ - 0.0% 0.0% Total Salaries $ 1,302, % 1,367,073 Employee Benefits $ 456, % 551,047 $ 67.2% 4.9% $ 27.1% 20.6% TOTAL PERSONAL SERVICES $ 1,759, % $ 1,918, % 9.0% OPERATING EXPENSES: Contracted Services $ 30, % $ 25, % -17.1% Supplies and Materials $ 50, % $ 52, % 5.2% Communications $ 1, % $ % -57.2% Travel $ 8, % $ 13, % 61.4% Rent $ - 0.0% $ 1, % Utilities 0.0% 0.0% Repair and Maintenance $ 19, % $ 5, % -72.9% Other $ 12, % $ 19, % 56.3% Total Operating Expenses $ 122, % $ 117, % -3.9% Equipment and Capital $ - 0.0% 0.0% BUD 200 NonMandatory Transfers $ - 0.0% 0.0% Total Expenditures $ 1,882, % $ 2,035, % 8.2% Scholarships TOTAL EXPENDITURES BY OBJECT $ 1,882,071 $ 2,035, %

6 CURRENT UNRESTRICTED OPERATING ACCOUNT COMPARATIVE EXPENDITURES AND FTE DATA BY PROGRAM UNIT: MILES COMMUNITY COLLEGE ACCOUNTING FUNCTION: ACADEMIC SUPPORT DESCRIPTION OF ACTIVITY ACTUAL 2016 BUDGETED FY2017 CHANGE Contract Faculty 0.0% 0.0% Contract Professional & Admin % % 3.7% Support Staff % % 52.6% Other Employees (Workstudy) 0.0% 0.0% TOTAL FTE'S % % 21.7% TOTAL FY FTE STUDENTS PERSONAL SERVICES: Contract Faculty 0.0% 0.0% Contract Professional & Admin. 154, % 174, % 12.9% Support Staff 62, % 70, % 13.8% Other Employees (Workstudy) 0.0% 0.0% Total Salaries 216, % 245, % 13.2% Employee Benefits 97, % 111, % 14.8% TOTAL PERSONAL SERVICES 314, % 357, % 13.7% OPERATING EXPENSES: Contracted Services 5, % 2, % -56.5% Supplies and Materials 6, % 6, % -5.1% Communications 6, % 1, % -77.0% Travel 14, % 10, % -23.9% Rent 0.0% 0.0% Utilities 0.0% 0.0% BUD 200 Repair and Maintenance 0.0% 0.0% Other 12, % 6, % -47.5% Total Operating Expenses 45, % 27, % -39.3% Equipment and Capital 3, % 9, % 134.6% NonMandatory Transfers - 0.0% - 0.0% Total Expenditures $ 364, % 394, % 8.3% Scholarships TOTAL EXPENDITURES BY OBJECT 364, , %

7 CURRENT UNRESTRICTED OPERATING ACCOUNT COMPARATIVE EXPENDITURES AND FTE DATA BY PROGRAM UNIT: MILES COMMUNITY COLLEGE ACCOUNTING FUNCTION: STUDENT SERVICES DESCRIPTION OF ACTIVITY ACTUAL 2016 BUDGETED FY2017 CHANGE Contract Faculty Contract Professional & Admin % % -0.2% Support Staff % % 0.6% Other Employees (Workstudy) 0.0% 0.0% TOTAL FTE'S % % 0.0% TOTAL FY FTE STUDENTS PERSONAL SERVICES: Contract Faculty 0.0% 0.0% Contract Professional & Admin. 287, % 314, % 9.2% Support Staff 52, % 54, % 3.8% Other Employees (Workstudy) 0.0% 0.0% Total Salaries 340, % 368, % 8.4% Employee Benefits 152, % 171, % 12.9% TOTAL PERSONAL SERVICES 492, % 540, % 9.8% OPERATING EXPENSES: Contracted Services 19, % 35, % 80.0% Supplies and Materials 14, % 7, % -51.3% Communications 71, % 65, % -8.2% Travel 16, % 24, % 47.4% Rent 0.0% % Utilities 0.0% 0.0% BUD 200 Repair and Maintenance - 0.0% 0.0% Other 16, % 14, % -10.6% Total Operating Expenses 138, % 147, % 6.4% Equipment and Capital 0.0% 0.0% NonMandatory Transfers 382, % 389, % 1.8% Total Expenditures 1,013, % 1,077, % 6.3% Scholarships TOTAL EXPENDITURES BY OBJECT 1,013,359 1,077, %

8 CURRENT UNRESTRICTED OPERATING ACCOUNT COMPARATIVE EXPENDITURES AND FTE DATA BY PROGRAM UNIT: MILES COMMUNITY COLLEGE ACCOUNTING FUNCTION: INSTITUTIONAL SUPPORT DESCRIPTION OF ACTIVITY ACTUAL 2016 BUDGETED FY2017 BUD 200 CHANGE Contract Faculty 0.0% Contract Professional & Admin % % 0.0% Support Staff % % 33.3% Other Employees (Workstudy) 0.0% 0.0% TOTAL FTE'S % % 11.7% TOTAL FY FTE STUDENTS PERSONAL SERVICES: Contract Faculty 0.0% 0.0% Contract Professional & Admin. 438, % 425, % -2.9% Support Staff 95, % 128, % 34.5% Other Employees (Workstudy) 0.0% 0.0% Total Salaries 533, % 554, % 3.8% Employee Benefits 215, % 207, % -3.7% TOTAL PERSONAL SERVICES 749, % 761, % 1.7% OPERATING EXPENSES: Contracted Services 126, % 96, % -23.9% Supplies and Materials 85, % 5, % -94.0% Communications 11, % 16, % 46.9% Travel 40, % 26, % -35.2% Rent 35, % % -98.6% Utilities 2, % 0.0% % Repair and Maintenance - 0.0% 0.0% Other 101, % 91, % -9.8% Total Operating Expenses 402, % 236, % -41.3% Equipment and Capital 74, % 0.0% % NonMandatory Transfers 0.0% 0.0% Total Expenditures 1,225, % 997, % -18.6% Scholarships TOTAL EXPENDITURES BY OBJECT 1,225, , %

9 CURRENT UNRESTRICTED OPERATING ACCOUNT COMPARATIVE EXPENDITURES AND FTE DATA BY PROGRAM UNIT: MILES COMMUNITY COLLEGE ACCOUNTING FUNCTION: OPERATION AND MAINTENANCE OF PLANT DESCRIPTION OF ACTIVITY ACTUAL 2016 BUDGETED FY2017 BUD 200 CHANGE Contract Faculty Contract Professional & Admin % % 0.0% Support Staff % % 0.0% Other Employees (Workstudy) TOTAL FTE'S % % 0.0% TOTAL FY FTE STUDENTS PERSONAL SERVICES: Contract Faculty 0.0% 0.0% Contract Professional & Admin. 41, % 41, % 1.5% Support Staff 125, % 112, % -11.0% Other Employees (Workstudy) 0.0% 0.0% Total Salaries 166, % 153, % -7.9% Employee Benefits 79, % 90, % 13.4% TOTAL PERSONAL SERVICES 246, % 244, % -1.0% OPERATING EXPENSES: Contracted Services 127, % 81, % -36.4% Supplies and Materials 26, % 19, % -27.7% Communications 2, % 2, % -25.2% Travel 0.0% 1, % Rent 1, % 1, % -14.6% Utilities 132, % 186, % 40.0% Repair and Maintenance 30, % 36, % 18.9% Other % 3, % % Total Operating Expenses 321, % 330, % 2.8% Equipment and Capital 75, % 23, % -68.9% NonMandatory Transfers 0.0% Total Expenditures 644, % 598, % -7.1% Scholarships TOTAL EXPENDITURES BY OBJECT 644, , %

10 UNIT: MILES COMMUNITY COLLEGE ACCOUNTING ENTITY: OTO BANNER SUPPORT ACTUAL 2016 BUDGETED FY2017 CHANGE DESCRIPTION OF ACTIVITY Contract Faculty 0.0% 0.0% Contract Professional & Admin % % 0.0% Support Staff 0.0% 0.0% Other Employees (Workstudy) 0.0% 0.0% TOTAL FTE'S % % 0.0% TOTAL FY FTE STUDENTS 0 0 PERSONAL SERVICES: Contract Faculty 0.0% 0.0% Contract Professional & Admin. 0.0% 0.0% Support Staff 0.0% 0.0% Other Employees (Workstudy) 0.0% 0.0% Total Salaries $ - 0.0% $ - 0.0% Employee Benefits 0.0% 0.0% TOTAL PERSONAL SERVICES $ - 0.0% $ - 0.0% OPERATING EXPENSES: Contracted Services 83, % 83, % 0.0% Supplies and Materials 0.0% 0.0% Communications 0.0% 0.0% Travel 0.0% 0.0% Rent 0.0% 0.0% Utilities 0.0% 0.0% Repair and Maintenance 0.0% 0.0% Other 0 0.0% 0 0.0% Total Operating Expenses $ 83, % $ 83, % 0.0% Equipment and Capital 0.0% 0.0% NonMandatory Transfers $ - Total Expenditures $ 83, % $ 83, % 0.0% Scholarships CURRENT UNRESTRICTED OPERATING ACCOUNT COMPARATIVE EXPENDITURES AND FTE DATA BY PROGRAM TOTAL EXPENDITURES BY OBJECT $ 83,244 $ 83, % Recap by Program: Instruction $ - 0.0% 0.0% Academic Support $ - 0.0% 0.0% Student Services $ - 0.0% 0.0% Institutional Support $ 83, % $ 83, % 0.0% Operation and Maintenance of Plant $ - 0.0% 0.0% Sub-Total $ 83, % $ 83, % 0.0% Scholarships TOTAL EXPENSES BY PROGRAM $ 83,244 $ 83, % Chief Financial Officer: Title Business Services Director Signature Nancy Aaberge 8/12/2016

11 BUD 300 CURRENT UNRESTRICTED OPERATING ACCOUNT SUMMARY OF REVENUE DATA (TOTAL) UNIT NAME: MILES COMMUNITY COLLEGE - GRAND TOTAL NAME OF FUND ACTUAL 2016 BUDGETED FY2017 INCR/(DECR) General Fund: State Appropriations HB 2 (1)(2) $2,400, % $2,400, % 0.0% HB 2 Leg Audit $23, % 0.0% % HB 2 Banner $83, % $83, % 0.0% HB 2 Worforce Dev. OTO $0 0.0% $0 0.0% HB 2 OTO Dual Enrollment $0 0.0% $0 0.0% HB 2 OTO Veterans Succes $0 0.0% $0 0.0% HB 377 PERS ER 1% inc $0 0.0% $0 0.0% HB 454 TRS ER 1% inc $0 0.0% $0 0.0% HB13 $20, % $46, % 132.4% Total State Appropriations $2,527, % $2,530, % 0.1% (1) includes DP95100+DP55140 Student Fees $80, % $87, % 8.9% In-District Tuition $248, % $257, % 3.9% Out of District Tuition $894, % $706, % -21.0% Out of State Tuition $121, % $336, % 176.1% $0 0.0% $0 0.0% Total Tuition & Fees $1,345, % $1,388, % 3.2% Mandatory Levy $1,292, % $1,308, % 1.3% Other $462, % $409, % -11.4% SUB-TOTAL UNRESTRICTED REVENUE $5,626, % $5,636, % 0.2% TOTAL UNRESTRICTED REVENUE $5,626,436 $5,636, % MANDATORY TUITION AND FEES PER STUDENT (@ 15 credits) FY 2016 FY 2017 In-District $3,945 $3,990 Out of District $5,085 $5,220 Out of State $8,085 $8,310 WUE $6,915 $7,110 Grow Eastern Montana $5,085 $5,220 VALUE OF ONE MILL - CUSTER COUNTY $20,282 $20,535 (2) actual reversion FY16 - $0, estimated reversion FY17 $-0- Title Business Services Director Signature Nancy Aaberge 8/12/2016

12 BUD 300 CURRENT UNRESTRICTED OPERATING ACCOUNT SUMMARY OF REVENUE DATA (TOTAL) UNIT NAME: MILES COMMUNITY COLLEGE - MAIN NAME OF FUND ACTUAL 2016 BUDGETED FY2017 INCR/(DECR) General Fund: State Appropriations HB 2 (1)(2) $2,400, % $2,400, % 0.0% HB 2 Leg Audit $23, % $0 0.0% % HB 2 Banner $0 0.0% $0 0.0% HB 2 Worforce Dev. OTO $0 0.0% $0 0.0% HB 2 OTO Veterans Succes $0 0.0% $0 0.0% HB 377 PERS ER 1% inc $0 0.0% 0.0% HB 454 TRS ER 1% inc $0 0.0% 0.0% HB13 $20, % $46, % 132.4% Total State Appropriations $2,443, % $2,446, % 0.1% (1) includes DP95100+DP55140 Student Fees $80, % $87, % 8.9% In-District Tuition $248, % $257, % 3.9% Out of District Tuition $894, % $706, % -21.0% Out of State Tuition $121, % $336, % 176.1% 0.0% 0.0% Total Tuition & Fees $1,345, % $1,388, % 3.2% Mandatory Levy $1,292, % $1,308, % 1.3% Other $462, % $409, % -11.4% SUB-TOTAL UNRESTRICTED REVENUE $5,543, % $5,553, % 0.2% TOTAL UNRESTRICTED REVENUE $5,543,192 $5,553, % MANDATORY TUITION AND FEES PER STUDENT (@ 15 credits) FY 2016 FY 2017 In-District $3,945 $3,990 Out of District $5,085 $5,220 Out of State $8,085 $8,310 WUE $6,915 $7,110 Grow Eastern Montana $5,085 $5,220 VALUE OF ONE MILL - CUSTER COUNTY $20,282 $20,535 (2) actual reversion FY16 - $0, estimated reversion FY17 $-0- Title Business Services Director Signature Nancy Aaberge 8/12/2016

13 Miles Community College Budget for Auxiliary Funds FY 2017 BUD 400A Beginning Ending Fund Compensation Operation Total Fund Fund Balance Revenues Transfers In Total Revenue & Benefits & Capital Transfers Out Expenses Balance Athletics 240, , , , , , , ,870 Food Service 26, , , , , ,149 27,552 Student Housing 65, , , , , ,010 65,710 Bookstore 79, , ,000 56, , ,140 28,754 Centra 217, , , ,900 35, , ,643 Auxiliary Funds Totals 630,772 1,455, ,181 1,837, ,969 1,178,649-1,836, ,529

14 Miles Community College Actual for Auxiliary Funds FY 2016 BUD 400A Beginning Ending Fund Compensation Operation Total Fund Fund Balance Revenues Transfers In Total Revenue & Benefits & Capital Transfers Out Expenses Balance Athletics 176, , , , , , , ,651 Food Service 41, , , , , ,579 26,551 Student Housing 21, , ,335 57, , ,289 65,705 Bookstore 113, , ,548 52, , ,745 79,894 Centra 186, , ,508 94,942 26, , ,971 Auxiliary Funds Totals 540,217 1,374, ,181 1,756, ,458 1,140,788-1,666, ,772

15 Miles Community College Budget for Designated Funds FY 2017 BUD 400D Beginning Ending Fund Compensation Operation Total Fund Fund Balance Revenues Transfers In Total Revenue & Benefits & Capital Transfers Out Expenses Balance Instructional Fees 1,447, , , , , ,124 1,380,788 Continuing Education 231,414 84,800 84,800 10,582 23,552 34, ,080 Recharge Centers 87,126 46,800 46,800 46,800 46,800 87,126 Sales and Services 33,207 15,575 15,575 15,575 15,575 33,207 MCC Designated 125, ,000 Designated Funds Totals 1,924, , , , , ,633 1,908,201

16 Miles Community College Actual for Designated Funds FY 2016 BUD 400D Beginning Ending Fund Compensation Operation Total Fund Fund Balance Revenues Transfers In Total Revenue & Benefits & Capital Transfers Out Expenses Balance Instructional Fees 1,281, , ,595 48, , ,690 1,447,783 Continuing Education 174, , ,608 6,215 15,074 42,208 63, ,413 Recharge Centers 84,673 52,327 52,327 49,874 49,874 87,126 Sales and Services 37,893 16,440 16,440 21,126 21,126 33,207 MCC Designated - 125, , ,000 Designated Funds Totals 1,578, , , ,970 54, ,415 42, ,187 1,924,529

17 Miles Community College Budget for Plant Funds FY 2017 BUD 400P Beginning Ending Fund Compensation Operation Total Fund Fund Balance Revenues Transfers In Total Revenue & Benefits & Capital Transfers Out Expenses Balance Unexpended Plant 761, ,361 70, , ,471 50, , ,257 Plant Funds Totals 761, ,361 70, , ,471 50, , ,257

18 Miles Community College Actual for Plant Funds FY 2016 BUD 400P Beginning Ending Fund Compensation Operation Total Fund Fund Balance Revenues Transfers In Total Revenue & Benefits & Capital Transfers Out Expenses Balance Unexpended Plant 907, , ,018 1,022,985 1,005, ,859 1,169, ,367 Plant Funds Totals 907, , ,018 1,022,985-1,005, ,859 1,169, ,367

19 Miles Community College Budget for Restricted Funds FY 2017 BUD 400R Beginning Ending Fund Compensation Operation Total Fund Fund Balance Revenues Transfers In Total Revenue & Benefits & Capital Transfers Out Expenses Balance Scholarships 24, , , , ,000 24,308 Local Grants and Contracts 30,760 40,400 40,400 31,399 9,107 40,506 30,654 State Grants and Contracts 1, , ,108 65,155 60, ,108 1,866 Federal Grants and Contracts - 389, , , , ,501 - Financial Aid 3, ,260 4, ,325 48, ,451 1, ,670 - Restricted Funds Totals 60,279 1,441,269 4,065 1,445, ,036 1,104,680 1,069 1,448,785 56,828

20 Miles Community College Actual for Restricted Funds FY 2016 BUD 400R Beginning Ending Fund Compensation Operation Total Fund Fund Balance Revenues Transfers In Total Revenue & Benefits & Capital Transfers Out Expenses Balance Scholarships 62, , , , ,546 24,308 Local Grants and Contracts 27,391 26,891 26,891 21,150 2,372 23,522 30,760 State Grants and Contracts 8, , ,513 73,602 60, ,016 1,866 Federal Grants and Contracts - 215, , ,164 58, ,591 - Financial Aid 53, , ,889 2, , ,297 3,345 Restricted Funds Totals 151,880 1,177,371-1,177, ,754 1,014,218-1,268,972 60,279

21 CHE104 2-yr COMPARATIVE STATEMENT OF TUITION WAIVERS AND SCHOLARSHIPS FTE Equivalent Tuition Revenue Waived FTE Equivalent Tuition Revenue Waived FTE Equivalent Tuition Revenue Waived % Change in Utilization % Change in Tuition Revenue Waived DESCRIPTION Discretionary In District Resident Undergrad , , , % -16.2% Resident Dual Credit , , , % -0.5% Resident Athletics , , , % 18.0% Resident Graduate SUBTOTAL , , , % 3.4% Out of District Resident Undergrad , , , % -31.9% Resident Dual Credit , , , % -23.5% Resident Athletics , , , % 100.3% Resident Graduate SUBTOTAL , , , % 41.2% Non-Resident NR Undergraduate NR Athletics , , , % -32.5% NR Graduate NR WICHE PhD/MSSE Other (WUE) , , SUBTOTAL , , , % -28.7% Mandatory Montana Indians Veterans , , Resident Faculty & Staff , , , % 218.8% Resident Employee Dependents , , , % 29.1% War Orphans/Peace Officers Prisoners of War Senior Citizens , , , % 174.6% Custodial Students Community Colleges High School Honors (In District) , High School Honors (Out if District) , National Merit Other SUBTOTAL , , , % 126.0% Scholarships NAME Miles Community College Budget FY 16 Actual FY 16 Budgeted FY 17 Total Tuition Waived , , , Tuition Waiver are valued as follows: AY Tuition and Registration Fees/FTE: FY16 FY17 Resident In-District 3, , Resident Out-of-District 5, , Non-Resident Undergraduate 8, , Non-Resident WUE 6, , Non-Resident Graduate CODE CC

22 MILES COMMUNITY COLLEGE AUTHORIZED CASH RESERVE FY2016 Community Colleges are permitted to designate a portion of the general fund end-of-year cash balance as a reserve for the suceeding year (MCA ). The amount of the general fund cash balance that is earmarked as cash reserve may not exceed 10% of the final general fund budget for the ensuing school fiscal year. The cash reserve is as follows: Cash reserve balance at end of FY 2016: $ 552,850.67

23 THE MONTANA COMMUNITY COLLEGE SYSTEM MILES COMMUNITY COLLEGE CROSS REFERENCE OF FUNDING SOURCES **Sources of Revenue designated by bullet points below** Funding sources. The annual operating budget of a community college district must be financed from the following sources: (1) the estimated revenue to be realized from student tuition and fees, except revenue related to community service courses, as defined by the board of regents; MCC General Fund(BUD 300) Student Tuition - $154,253 $492,808 $204,560 MCC General Fund(BUD 300) Student Fees - see below MCC Designated Funds(CHE 107)- Student Fees - Various (2) subject to , a mandatory mill levy on the community college district; MCC General Fund(BUD 300) - Mandatory Levy - $893,032 MCC Retirement Fund (BUD 300) Mandatory Levy - $415,459 (3) subject to , the adult education levy authorized under provisions of ; MCC Public Service Auxiliary Fund(Adult education levy) $25,352 (4) the state general fund appropriation; MCC General Fund(BUD 300)-State Appropriation - $2,530,029 (5) an optional voted levy on the community college district that must be submitted to the electorate in accordance with general school election laws and ; NA (6) all other income, revenue, balances, or reserves not restricted by a source outside the community college district to a specific purpose; Other revenue in General Fund. These revenues are from Interest, Indirect Income and Rental Income BUD 300- $44,500 MCC General fund (BUD 300) -HB124 Entitlement Payment - $365,048 Student Fees in General Fund (Vocational Fees, Transcript, Application,Service,Late) BUD $87,335 (7) income, revenue, balances, or reserves restricted by a source outside the community college district to a specific purpose. Student fees paid for community service courses, as defined by the board of regents, are considered restricted to a specific purpose. MCC Restricted Funds (CHE 107) Various (8) income from a political subdivision that is designated a community college service region under NA

Miles Community College

Miles Community College All Funds Summary Grand Total Unrestricted Expenses Main Total Unrestricted Expenses Instruction Academic Support Student Services Institutional Support Operation & Maintenance