ERIC Number: ED430654
Record Type: Non-Journal
Publication Date: 1998-Sep-21
Reference Count: N/A
Oakton Community College Community College District No. 535 Comprehensive Annual Financial Report for Fiscal Year Ended June 30, 1998.
Oakton Community Coll. District 535, Skokie, IL.
This report provides financial data on Oakton Community College for the fiscal year ending June 30, 1998. The report is divided into four parts: (1) the introductory section, which includes letters from school officials, an organization chart, and a copy of a Certificate of Achievement for Excellence in Financial Reporting earned in 1997; (2) the financial section, consisting of a report of independent public accountants, basic financial statements, supplemental financial information, and a description of plant funds; (3) the unaudited statistical section, providing 13 tables concerning taxable property, revenues and expenditures, debts, student demographic statistics, property value, and miscellaneous statistics; and (4) the special reports section, containing detailed uniform financial statements, compliance reports, and grant information. Revenues for fiscal 1998 totaled $56,505,000, a decrease of 1.8% from the prior year. Local property taxes provided 42.8% of revenue; local, state, and federal support accounted for 20%; and student tuition and fees contributed 14.8%. Total expenditures for the year were $51,147,000, which was 1.4% higher than 1997. Instruction accounted for 43.8% of total expenditures, auxiliary enterprises consumed 21.5% of expenditures, and administration accounted for 8.2%. (AS)
Publication Type: Numerical/Quantitative Data; Reports - Descriptive
Education Level: N/A
Authoring Institution: Oakton Community Coll. District 535, Skokie, IL.