ERIC Number: ED468383
Record Type: Non-Journal
Publication Date: 2001-Jun-30
Reference Count: N/A
Yavapai College Comprehensive Annual Financial Report.
Yavapai County Community Coll. District, Prescott, AZ.
This is the Comprehensive Annual Financial Report (CAFR) of the Yavapai Community College District (YCCD) (Arizona) for the fiscal year (FY) ended June 30, 2001. The report is separated into three sections: (1) introductory section; (2) financial section--includes the basic financial statements as well as the independent auditors' report on the financial statements for all funds of YCCD; and (3) statistical section--includes tables of unaudited data depicting the financial history of YCCD on a multi-year basis, as well as other demographic information. Highlights of the report include: (1) 48% of YCCD's revenues come from property taxes; (2) due to higher property assessments, the total intake from property taxes of $16,533,362 for FY 2000-2001 was 3% higher than the previous year; (3) 2000-2001 state appropriations of $5,079,600 were 2% lower than the previous year; (4) government grants and contracts increased 13% to $3,655,123; (5) tuition and fees brought in $6,489,567; (6) 29%, or $10,667,904, of expenditures go to instruction, 23% ($8,549,839) go to auxiliary enterprises, and 17% ($6,205,336) go to institutional support; and (7) public service expenditures constitute 0.4% (130,923) of expenditures, down 26% from FY 1999-2000. The decreases were related to a reduction in federal grants. Notes to financial statements appended. (NB)
Publication Type: Reports - Descriptive
Education Level: N/A
Authoring Institution: Yavapai County Community Coll. District, Prescott, AZ.