ERIC Number: ED396775
Record Type: Non-Journal
Publication Date: 1994-Jan-26
Reference Count: N/A
Community College Financial Report. Revised.
Iowa State Dept. of Education, Des Moines. Div. of Community Colleges.
This report provides historical data on revenue and expenditures for the 15 community colleges in Iowa, focusing on fiscal years (FYs) 1993 and 1994. Following a brief introduction, the first section provides tables for individual colleges comparing revenue sources and expenditures by function as approved by the state Board of Education to revenues and expenditures in the colleges' actual working budgets for FY 1992, FY 1993, and FY 1994. This section indicates that 5 of the 15 colleges exceeded their budgets for FY 1992, while 8 did so in FY 1993. The second section describes changes in revenue and expenditures from FY 1993 to FY 1994, indicating that revenue increased by only 4.31%, while expenditures increased by 6.51%. The third section provides tables showing increases or reductions in the colleges' working budgets from FY 1993 to FY 1994, focusing on tuition and fees, local support, and state general aid as percentages of total revenues, as well as salary increases as a percent of total expenditures. This section also presents graphs showing trends in revenues and expenditures from 1983 to 1993, focusing on total revenue, tuition support, property tax support, state aid, total expenditures, and support from fees, as well as amounts for these variables per full-time equivalent enrollee for the same period. The final section provides a summary of trends. A list of college presidents and business managers and a glossary of terms are appended. (KP)
Publication Type: Reports - Research
Education Level: N/A
Authoring Institution: Iowa State Dept. of Education, Des Moines. Div. of Community Colleges.