BOARD OF REGENTS. Thomas O. Zawacki. Chair. Porter G. Peeples, Sr. Vice Chair. Jackie B. Cecil. Secretary

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2 BOARD OF REGENTS Thomas O. Zawacki Chair Porter G. Peeples, Sr. Vice Chair Jackie B. Cecil Secretary Richard A. Bean Elijah Buell, Jr. Tonya J. Davidson Danita F. Fisher Michael Ginsberg, Ph.D. Gail R. Henson, Ph.D. Barbara A. Hoskins C. Ronald James Johnna Reeder Marcia L. Roth Doris C. Thomas 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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6 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

7 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, including: o A 3.0 percent salary increase for each full-time regular KCTCS faculty and staff who earns at least the Fully Met Job Requirements (M) rating in the KCTCS performance evaluation system (or at least the Achieves (A) rating in the evaluation process piloted in ). Fixed cost increases in current employee benefits programs; o o The cost of faculty promotions; o Nonrecurring merit bonuses for regular full-time faculty and staff based on the KCTCS Merit Bonus Program. Eligible employees are those regular full-time faculty and staff who earn a rating higher than the Fully Met Job Requirements (M) rating in the KCTCS performance evaluation system or the Achieves (A) rating in the evaluation process being piloted in To receive the merit bonus the eligible employee must also complete additional significant accomplishments as described in the KCTCS Merit Bonus Program developed and implemented by the KCTCS President. Fund fixed cost increases in utilities and facility insurance. Maintain a nonrecurring (NR) budget reserve for each college, the systemwide operations and support programs, the Fire Commission, and the Kentucky Board of Emergency Medical Services (KBEMS). Establish and fund a recurring (R) budget reserve for each college, the systemwide operations and support programs, the Fire Commission, and KBEMS. The recurring budget reserve for each college, the systemwide operations and support programs, the Fire Commission, and KBEMS will be established by reallocating 1 percent of the recurring total public funds for each college, the systemwide operations and support programs, the Fire Commission, and KBEMS into the recurring budget reserve. In , this recurring reserve amounts to $4,379,300. These funds will be available in the event that there are budget reductions in fiscal year If there are no additional budget reductions in fiscal year below the funding levels as appropriated in the biennial appropriations bill, the funds in this recurring reserve will be returned to the colleges, the systemwide operations and support programs, the Fire Commission, and KBEMS and will be available for expenditure in the KCTCS budget. A-1

8 Over the past year KCTCS has implemented initiatives to increase enrollments and maximize the use of its resources. Some of the initiatives include: Increased partnerships with State Universities to expand transfer agreements to increase enrollment options for students. Increased marketing efforts to increase enrollment. Implemented room scheduling and space utilization analysis software. Focused new programming on high wage high demand programs. Established the guaranteed tuition program to increase student retention. 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, 2011, and ending June 30, 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 17, 2011, is the KCTCS financial plan for the fiscal year beginning July 1, 2011, and ending June 30, The operating budget totals $903,161,700 of which $550,890,200 is unrestricted funds and $352,271,500 is restricted funds. Revenue Highlights Revenue for KCTCS receives two basic types of revenue: restricted and unrestricted (pages B-4 and B-6). The graph on page A-4 shows a summary of both restricted and unrestricted revenue by fund source. Unrestricted revenue is received without specific restrictions on its use and is used to support the Education and General (E&G) activities of the institution. Unrestricted revenue includes tuition, state allocation, charges for services and other miscellaneous unrestricted revenue. The largest source of unrestricted funds is credit and noncredit tuition revenue (43 percent, page B-4). Pages A-6 and A-7 show the tuition rates as well as the 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. A-2

9 Restricted revenue is revenue that is given or granted to KCTCS for a specific purpose (the donor imposes restrictions on how the funds they give are used). Restricted revenue includes grants, gifts, and other restricted revenue. The largest source of the restricted revenue is from governmental grants and contracts, both federal and state (84 percent, page B-4). Included within this source of funds is funding for student financial aid, Title II Perkins, and other sponsored activities. Expenses Highlights The budget includes the allocation of funds based on the budget development priorities as previously identified in the Executive Summary. The table on page B-6 shows the distribution of planned expenditures of both the restricted and unrestricted revenue, summarized by program classification structure and expense category. Graph 2 (page B-8) shows the same information in a graphical format. Capital Authorizations Capital expense creates or improves assets with a multi-year life, i.e., assets that will last longer than one operating budget period. The Capital section of this document contains a list of all KCTCS capital projects identified and authorized in the enacted budget approved during the 2010 Special Session of the General Assembly. The capital authorizations total $150,918,000 and include new facility construction, major renovation projects, and a deferred maintenance projects pool. There are two potential funding sources for these capital projects in , Agency Funds and Federal Funds. Since funding has not been secured for all of the projects authorized, KCTCS will not initiate a capital project until funding is secured. Capital Budget Beginning with the Budget, KCTCS includes the capital budget for authorized projects where funding has been secured. The budget includes only the portion of the project funds expected to be expended in These funds are displayed on the budget page of the applicable KCTCS college and included in the summary pages. A-3

10 Operating Budget Graph 1-Revenues State Appropriations 23% Government Grants and Contracts 37% All Other Sources 14% Tuition and Fees 26% A-4

11 Operating Budget Graph 2-Expenses Capital Construction 3% Budget Reserve "NR" 2% Budget Reserve "R" 1% Student Financial Aid 29% Instruction 29% Institutional Support 12% Operation and Maintenance 8% Student Services 6% Libraries 1% Public Service 5% Academic Support 4% A-5

12 KCTCS TUITION AND CHARGES FOR Nonresident Contiguous Other Resident Counties Tuition Per Credit Hour $ 135* $ 270* $ 465* Tuition for On-Line Courses $ 135* $ 135* $ 135* *Guaranteed Tuition for Returning Students - Students enrolled during the fall 2010 or spring 2011 semesters and return in fall 2011 or spring 2012 may be eligible for the tuition rate, as approved by the KCTCS Board of Regents. 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 Online Application Charge Banking (BNK) Course Pass-Through Charge Childcare Services Copier Services Customized Course and Testing Charge Diploma/Credential Replacement Dual credit Charge for students who receive a 100% tuition scholarship (waiver) General Education Diploma (GED) Transcript Charge High School Student Textbook Rental 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 Legislated Fees/Charges 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

13 KCTCS TUITION AND CHARGES FOR 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) First Responder, Emergency Medical Technicians- B, Advanced Emergency Medical Technician, Paramedics, Instructors I, II, III charges Recertification Initial Certification Application Charge Reinstatement Charge Reciprocity/Temporary Ambulance and Air Medical charges Renewal License Charge Initial License Charge Transfer Charge Additions/Replacements-Inspection Charge Deficiency Charge Fines Fines Administrative Open Records/CDs Late Charges Duplicate Cards Training Skills Evaluation Charge Charges for Courses Training/Educ. Institution Application Training/Educ. Renew License Instructor Application Charges CHARGES FOR SERVICES (Cont.) A-7

14 Revenue and Expense Summary

15 Operating Budget KCTCS SYSTEM TOTAL REVENUE SUMMARY UNRESTRICTED REVENUE Public Funds $ 418,304,100 31,207,000 Private Funds - Endowment Income - Investment Income 7,150,000 Sales/Services Educational Activity 16,971,800 Other Sources 31,879,900 Salary Supplement* 7,939,700 Budget Reserve "NR" 13,211,200 TOTAL UNRESTRICTED REVENUE $ 526,663,700 RESTRICTED REVENUE Public Funds $ 21,889, ,601,000 Private Funds 3,205,400 Endowment Income 1,238,300 Investment Income - Sales/Services Educational Activity - Other Sources** 32,281,000 Salary Supplement* - Budget Reserve "NR" - TOTAL RESTRICTED REVENUE $ 325,214,700 TOTAL REVENUE Public Funds $ 440,193, ,808,000 Private Funds 3,205,400 Endowment Income 1,238,300 Investment Income 7,150,000 Sales/Services Educational Activity 16,971,800 Other Sources** 64,160,900 Salary Supplement* 7,939,700 Budget Reserve "NR" 13,211,200 TOTAL REVENUE $ 851,878,400 *Salary Supplement: These lines represent the total nonrecurring (NR) salary supplement for the colleges, the systemwide operations and support programs, the Fire Commission, and KBEMS. The salary supplements shall be funded from the nonrecurring budget reserve for each college, the systemwide operations and support programs, the Fire Commission, and KBEMS. The Nonrecurring Budget Reserve shall be restored to its level by the end of **Added after budget development period to reflect capital construction projects, for comparison purposes only. B-1

16 Operating Budget KCTCS SYSTEM TOTAL REVENUE SUMMARY UNRESTRICTED REVENUE Public Funds $ 423,990,800 32,157,100 Noncredit Tuition 5,542,500 Private Funds - Endowment Income - Investment Income 5,150,000 Sales/Services Educational Activity 17,313,800 Other Sources 45,585,100 Budget Reserve "NR" 21,150,900 TOTAL UNRESTRICTED REVENUE $ 550,890,200 RESTRICTED REVENUE Public Funds $ 19,164, ,156,300 Noncredit Tuition - Private Funds 2,770,100 Endowment Income 1,201,200 Investment Income - Sales/Services Educational Activity 71,500 Other Sources* 31,908,400 Budget Reserve "NR" - TOTAL RESTRICTED REVENUE $ 352,271,500 TOTAL REVENUE Public Funds $ 443,154, ,313,400 Private Funds 2,770,100 Endowment Income 1,201,200 Investment Income 5,150,000 Sales/Services Educational Activity 17,385,300 Other Sources* 77,493,500 Salary Supplement* - Budget Reserve "NR" 21,150,900 TOTAL REVENUE $ 903,161,700 *Capital construction budgeted at each college B-2

17 Operating Budget Unrestricted Revenue Government Grants & Contracts 6% All Other Sources 15% Tuition and Charges 43% State Appropriations 36% Restricted Revenue Government Grants & Contracts 82% Private Funds 1% All Other Sources 17% B-3

18 Operating Budget Unrestricted Revenue Government Grants & Contracts 6% All Other Sources 17% State Appropriations 34% Tuition and Charges 43% Restricted Revenue Government Grants & Contracts 84% Private Funds 1% All Other Sources 15% B-4

19 Operating Budget KCTCS SYSTEM TOTAL EXPENSE SUMMARY EXPENSES UNRESTRICTED RESTRICTED TOTAL Instruction $ 207,703,600 $ 50,032,100 $ 257,735,700 Public Service 38,747,900 2,273,700 41,021,600 Academic Support 23,160,800 13,993,800 37,154,600 Libraries 7,631,500 96,100 7,727,600 Student Services 35,399,200 17,630,900 53,030,100 Institutional Support 94,926,900 6,295, ,222,300 Operation and Maintenance 76,268,100 5,142,700 81,410,800 Student Financial Aid 17,313, ,965, ,279,100 Capital Construction - 24,784,300 24,784,300 Salary Supplement* 7,939,700-7,939,700 Budget Reserve "NR" 13,211,200-13,211,200 Budget Reserve "R" 4,361,400-4,361,400 TOTAL EXPENSES $ 526,663,700 $ 325,214,700 $ 851,878,400 EXPENSES SUMMARY Personnel Costs $ 313,877,700 $ 49,281,900 $ 363,159,600 Operating Expenses 125,405,100 45,294, ,699,800 Capital Outlay 15,331,200 27,667,100 42,998,300 Grants in Aid 46,537, ,971, ,508,400 Salary Supplement* 7,939,700-7,939,700 Budget Reserve "NR" 13,211,200-13,211,200 Budget Reserve "R" 4,361,400-4,361,400 TOTAL EXPENSES $ 526,663,700 $ 325,214,700 $ 851,878,400 *Salary Supplement: These lines represent the total nonrecurring (NR) salary supplement for the colleges, the systemwide operations and support programs, the Fire Commission, and KBEMS. The salary supplements shall be funded from the nonrecurring budget reserve for each college, the systemwide operations and support programs, the Fire Commission, and KBEMS. The Nonrecurring Budget Reserve shall be restored to its level by the end of **Added after budget development period to reflect capital construction projects, for comparison purposes only. B-5

20 Operating Budget KCTCS SYSTEM TOTAL EXPENSE SUMMARY EXPENSES UNRESTRICTED RESTRICTED TOTAL Instruction $ 221,921,200 $ 42,375,000 $ 264,296,200 Public Service 39,806,700 2,080,600 41,887,300 Academic Support 27,671,800 8,963,500 36,635,300 Libraries 8,130,000 39,800 8,169,800 Student Services 36,156,200 19,570,900 55,727,100 Institutional Support 96,764,700 8,909, ,673,800 Operation and Maintenance 75,332,900 2,908,100 78,241,000 Student Financial Aid 17,101, ,129, ,231,100 Capital Construction 2,475,000 26,294,900 28,769,900 Budget Reserve "NR" 21,150,900-21,150,900 Budget Reserve "R" 4,379,300-4,379,300 TOTAL EXPENSES $ 550,890,200 $ 352,271,500 $ 903,161,700 EXPENSES SUMMARY Personnel Costs $ 337,895,200 $ 43,698,800 $ 381,594,000 Operating Expenses 133,961,400 45,066, ,028,100 Capital Outlay 6,419,300 24,719,700 31,139,000 Grants in Aid 47,084, ,786, ,870,400 Budget Reserve "NR" 21,150,900-21,150,900 Budget Reserve "R" 4,379,300-4,379,300 TOTAL EXPENSES $ 550,890,200 $ 352,271,500 $ 903,161,700 *Capital construction budgeted at each college B-6

21 Expenses Unrestricted Restricted Student Financial Aid 3% Capital 2% Budget Reserve "NR" 2% Budget Reserve "R" 1% Capital 8% Operation & Maintenance 15% Instruction 39% Student Financial Aid 63% Institutional Support 18% Instruction 15% Student Services 7% Libraries 2% Public Service 7% Academic Support 4% Operation & Maintenance 2% Institutional Support 2% Student Services 5% Public Service 1% Academic Support 4% Unrestricted Restricted Grants in Aid 9% Capital Outlay 3% Salary Supplement Budget 2% Reserve "NR" 2% Budget Reserve "R" 1% Grants in Aid 62% Personnel Costs 15% Operating Expenses 24% Personnel Costs 59% Operating Expenses 14% Capital Outlay 9% B-7

22 Unrestricted Expenses Restricted Student Services 7% Libraries 1% Operation & Maintenance 13% Institutional Support 18% Academic Support 5% Student Financial Aid 3% Capital 1% Public Service 7% Instruction 40% Budget Reserve "NR" 4% Budget Reserve "R" 1% Operation & Maintenance 1% Institutional Support 2% Student Financial Aid 68% Student Services 6% Academic Support 3% Instruction 12% Capital 7% Public Service 1% Grants in Aid 9% Capital Outlay 1% Budget Reserve "NR" 4% Budget Reserve "R" 1% Personnel Costs 12% Operating Expenses 24% Personnel Costs 61% Grants in Aid 68% Operating Expenses 13% Capital Outlay 7% B-8

23 Revenue and Expense Detail

24 Operating Budget ASHLAND COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 19,489,400 $ - $ 19,489,400 Federal - 9,011,800 9,011,800 State - 1,255,700 1,255,700 County 43,800-43,800 Noncredit Tuition Private Funds - 2,300 2,300 Endowment Income - 38,800 38,800 Investment Income Sales/Services Educational Activity 964, ,700 Other Sources** 1,820,400 2,121,400 3,941,800 Salary Supplement* 356, ,600 Budget Reserve "NR" 794, ,600 TOTAL REVENUES $ 23,469,500 $ 12,430,000 $ 35,899,500 FUNCTION OF EXPENSES Instruction $ 8,357,100 $ 754,000 $ 9,111,100 Public Service 17,500 8,400 25,900 Academic Support 672,800 30, ,200 Libraries 560, ,200 Student Services 2,172, ,300 2,973,900 Institutional Support 5,978, ,300 6,247,300 Operation and Maintenance 3,194,300-3,194,300 Student Financial Aid 1,170,900 8,826,500 9,997,400 Capital Construction** - 1,740,100 1,740,100 Salary Supplement* 356, ,600 Budget Reserve "NR" 794, ,600 Budget Reserve "R" 194, ,900 TOTAL EXPENSES $ 23,469,500 $ 12,430,000 $ 35,899,500 Personnel Costs $ 13,750,200 $ 1,158,100 $ 14,908,300 Operating Expenses 7,018, ,400 7,581,300 Capital Outlay** 188,400 1,966,200 2,154,600 Grants in Aid 1,165,900 8,743,300 9,909,200 Salary Supplement* 356, ,600 Budget Reserve "NR" 794, ,600 Budget Reserve "R" 194, ,900 TOTAL EXPENSES $ 23,469,500 $ 12,430,000 $ 35,899,500 *Salary Supplement "NR": The nonrecurring salary supplement shall be paid from the nonrecurring budget reserve. These funds shall be restored to the nonrecurring budget reserve over a two-year period, i.e., by the end of **Added after budget development period to reflect capital construction projects, for comparison purposes only. C-1

25 Operating Budget ASHLAND COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 19,540,100 $ - $ 19,540,100 Federal - 11,661,200 11,661,200 State - 957, ,500 County 44,100-44,100 Noncredit Tuition 120, ,000 Private Funds - 2,300 2,300 Endowment Income - 38,800 38,800 Investment Income Sales/Services Educational Activity 1,210,200-1,210,200 Other Sources 1,946,900 4,022,500 5,969,400 Budget Reserve "NR" 1,151,200-1,151,200 TOTAL REVENUES $ 24,012,500 $ 16,682,300 $ 40,694,800 FUNCTION OF EXPENSES UNRESTRICTED RESTRICTED TOTAL Instruction $ 8,747,200 $ 703,100 $ 9,450,300 Public Service 16,000 10,700 26,700 Academic Support 912,800 42, ,300 Libraries 541, ,100 Student Services 2,358,300 1,485,100 3,843,400 Institutional Support 5,522, ,900 5,797,400 Operation and Maintenance 3,328,600-3,328,600 Student Financial Aid 1,112,400 10,502,000 11,614,400 Capital Construction** 150,000 3,664,000 3,814,000 Budget Reserve "NR" 1,151,200-1,151,200 Budget Reserve "R" 172, ,400 TOTAL EXPENSES $ 24,012,500 $ 16,682,300 $ 40,694,800 Personnel Costs $ 14,448,000 $ 1,856,300 $ 16,304,300 Operating Expenses 6,905,400 4,257,400 11,162,800 Capital Outlay 228, , ,700 Grants in Aid 1,107,400 10,376,000 11,483,400 Budget Reserve "NR" 1,151,200-1,151,200 Budget Reserve "R" 172, ,400 TOTAL EXPENSES $ 24,012,500 $ 16,682,300 $ 40,694,800 C-2

26 Operating Budget BIG SANDY COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 21,748,000 $ - $ 21,748,000 Federal - 11,351,100 11,351,100 State - 2,222,600 2,222,600 NonCredit Tuition Private Funds - 8,000 8,000 Endowment Income - 47,200 47,200 Investment Income Sales/Services Educational Activity 518, ,700 Other Sources** - 123, ,700 Salary Supplement* 454, ,800 Budget Reserve "NR" 823, ,400 TOTAL REVENUES $ 23,544,900 $ 13,752,600 $ 37,297,500 FUNCTION OF EXPENSES Instruction $ 11,265,500 $ 869,100 $ 12,134,600 Public Service 666, ,500 1,013,400 Academic Support 1,239,200 3,800 1,243,000 Libraries Student Services 1,457, ,000 1,757,000 Institutional Support 3,996,500 96,800 4,093,300 Operation and Maintenance 2,482,100-2,482,100 Student Financial Aid 942,000 12,017,600 12,959,600 Capital Construction** - 118, ,800 Salary Supplement* 454, ,800 Budget Reserve "NR" 823, ,400 Budget Reserve "R" 217, ,500 TOTAL EXPENSES $ 23,544,900 $ 13,752,600 $ 37,297,500 Personnel Costs $ 15,905,900 $ 1,333,500 $ 17,239,400 Operating Expenses 4,840, ,700 5,192,000 Capital Outlay** 361, , ,100 Grants in Aid 941,700 11,948,600 12,890,300 Salary Supplement* 454, ,800 Budget Reserve "NR" 823, ,400 Budget Reserve "R" 217, ,500 TOTAL EXPENSES $ 23,544,900 $ 13,752,600 $ 37,297,500 *Salary Supplement "NR": The nonrecurring salary supplement shall be paid from the nonrecurring budget reserve. These funds shall be restored to the nonrecurring budget reserve over a two-year period, i.e., by the end of **Added after budget development period to reflect capital construction projects, for comparison purposes only. C-3

27 Operating Budget BIG SANDY COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 21,150,000 $ - $ 21,150,000 Federal - 12,409,400 12,409,400 State - 2,123,100 2,123,100 Noncredit Tuition 36,500-36,500 Private Funds - 11,200 11,200 Endowment Income - 64,400 64,400 Investment Income Sales/Services Educational Activity 629, ,700 Other Sources** 837, ,200 1,451,900 Budget Reserve "NR" 1,278,200-1,278,200 TOTAL REVENUES $ 23,932,100 $ 15,222,300 $ 39,154,400 FUNCTION OF EXPENSES UNRESTRICTED RESTRICTED TOTAL Instruction $ 10,860,000 $ 851,800 $ 11,711,800 Public Service 853, ,300 1,250,700 Academic Support 1,258,000-1,258,000 Libraries - 5,600 5,600 Student Services 1,653, ,700 2,092,500 Institutional Support 4,452,500 7,200 4,459,700 Operation and Maintenance 2,425,300-2,425,300 Student Financial Aid 932,500 12,990,000 13,922,500 Capital Construction** 25, , ,700 Budget Reserve "NR" 1,278,200-1,278,200 Budget Reserve "R" 193, ,400 TOTAL EXPENSES $ 23,932,100 $ 15,222,300 $ 39,154,400 Personnel Costs $ 16,703,700 $ 1,233,900 $ 17,937,600 Operating Expenses 4,244, ,700 4,513,600 Capital Outlay 579, ,700 1,286,200 Grants in Aid 932,400 13,013,000 13,945,400 Budget Reserve "NR" 1,278,200-1,278,200 Budget Reserve "R" 193, ,400 TOTAL EXPENSES $ 23,932,100 $ 15,222,300 $ 39,154,400 C-4

28 Operating Budget BLUEGRASS COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 46,210,200 $ - $ 46,210,200 Federal - 27,991,100 27,991,100 State - 3,024,400 3,024,400 Noncredit Tuition Private Funds - 17,500 17,500 Endowment Income - 28,900 28,900 Investment Income Sales/Services Educational Activity 2,012,500-2,012,500 Other Sources** - 3,915,700 3,915,700 Salary Supplement* 820, ,100 Budget Reserve "NR" 813, ,300 TOTAL REVENUES $ 49,856,100 $ 34,977,600 $ 84,833,700 FUNCTION OF EXPENSES Instruction $ 27,544,500 $ 2,388,000 $ 29,932,500 Public Service - 3,400 3,400 Academic Support 1,789, ,800 2,109,600 Libraries 350,000 62, ,000 Student Services 3,783,500 1,340,300 5,123,800 Institutional Support 8,631, ,600 9,579,900 Operation and Maintenance 3,248,700-3,248,700 Student Financial Aid 2,412,800 28,155,900 30,568,700 Capital Construction** - 1,759,600 1,759,600 Salary Supplement* 820, ,100 Budget Reserve "NR" 813, ,300 Budget Reserve "R" 462, ,100 TOTAL EXPENSES $ 49,856,100 $ 34,977,600 $ 84,833,700 Personnel Costs $ 36,920,300 $ 2,538,400 $ 39,458,700 Operating Expenses 8,278,000 2,187,500 10,465,500 Capital Outlay** 149,500 2,273,200 2,422,700 Grants in Aid 2,412,800 27,978,500 30,391,300 Salary Supplement* 820, ,100 Budget Reserve "NR" 813, ,300 Budget Reserve "R" 462, ,100 TOTAL EXPENSES $ 49,856,100 $ 34,977,600 $ 84,833,700 *Salary Supplement "NR": The nonrecurring salary supplement shall be paid from the nonrecurring budget reserve. These funds shall be restored to the nonrecurring budget reserve over a two-year period, i.e., by the end of **Added after budget development period to reflect capital construction projects, for comparison purposes only. C-5

29 Operating Budget BLUEGRASS COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 48,259,600 $ - $ 48,259,600 Federal - 34,611,100 34,611,100 State 15,000 3,071,200 3,086,200 Noncredit Tuition 377, ,800 Private Funds - 65,000 65,000 Endowment Income - 40,800 40,800 Investment Income Sales/Services Educational Activity 2,052,500-2,052,500 Other Sources 5,747,200 2,197,500 7,944,700 Budget Reserve "NR" 1,633,400-1,633,400 TOTAL REVENUES $ 58,085,500 $ 39,985,600 $ 98,071,100 FUNCTION OF EXPENSES UNRESTRICTED RESTRICTED TOTAL Instruction $ 34,630,400 $ 2,807,200 $ 37,437,600 Public Service - 7,900 7,900 Academic Support 2,123, ,800 2,495,300 Libraries 284, ,700 Student Services 4,230,100 2,460,400 6,690,500 Institutional Support 9,333, ,300 9,919,800 Operation and Maintenance 3,729,100-3,729,100 Student Financial Aid 1,453,900 32,820,800 34,274,700 Capital Construction** 250, ,200 1,181,200 Budget Reserve "NR" 1,633,400-1,633,400 Budget Reserve "R" 416, ,900 TOTAL EXPENSES $ 58,085,500 $ 39,985,600 $ 98,071,100 Personnel Costs $ 39,998,800 $ 3,639,800 $ 43,638,600 Operating Expenses 14,442,300 2,686,400 17,128,700 Capital Outlay 140, , ,400 Grants in Aid 1,453,900 33,047,200 34,501,100 Budget Reserve "NR" 1,633,400-1,633,400 Budget Reserve "R" 416, ,900 TOTAL EXPENSES $ 58,085,500 $ 39,985,600 $ 98,071,100 C-6

30 Operating Budget BOWLING GREEN TECHNICAL COLLEGE Public Funds $ 14,860,900 $ - $ 14,860,900 Federal - 8,605,200 8,605,200 State - 475, ,500 Noncredit Tuition Private Funds - 95,700 95,700 Endowment Income Investment Income Sales/Services Educational Activity 218, ,700 Other Sources** 1,902,500 1,997,600 3,900,100 Salary Supplement* 270, ,900 Budget Reserve 352, ,200 TOTAL REVENUES $ 17,605,200 $ 11,174,400 $ 28,779,600 FUNCTION OF EXPENSES Instruction $ 7,633,900 $ 714,600 $ 8,348,500 Public Service Academic Support 256, ,600 Libraries 282, ,900 Student Services 978, ,000 1,181,500 Institutional Support 4,508,200 5,000 4,513,200 Operation and Maintenance 2,126,200-2,126,200 Student Financial Aid 1,047,200 8,254,200 9,301,400 Capital Construction** - 1,997,600 1,997,600 Salary Supplement* 270, ,900 Budget Reserve "NR" 352, ,200 Budget Reserve "R" 148, ,600 TOTAL EXPENSES $ 17,605,200 $ 11,174,400 $ 28,779,600 Personnel Costs $ 11,350,800 $ 834,900 $ 12,185,700 Operating Expenses 2,634, ,300 2,900,600 Capital Outlay** 1,801,200 1,997,600 3,798,800 Grants in Aid 1,047,200 8,075,600 9,122,800 Salary Supplement* 270, ,900 Budget Reserve "NR" 352, ,200 Budget Reserve "R" 148, ,600 TOTAL EXPENSES $ 17,605,200 $ 11,174,400 $ 28,779,600 *Salary Supplement "NR": The nonrecurring salary supplement shall be paid from the nonrecurring budget reserve. These funds shall be restored to the nonrecurring budget reserve over a two-year period, i.e., by the end of **Added after budget development period to reflect capital construction projects, for comparison purposes only. C-7

31 Operating Budget BOWLING GREEN TECHNICAL COLLEGE Public Funds $ 15,469,100 $ - $ 15,469,100 Federal - 10,368,100 10,368,100 State - 769, ,300 Noncredit Tuition 249, ,600 Private Funds - 95,700 95,700 Endowment Income Investment Income Sales/Services Educational Activity 268, ,500 Other Sources 143,200 2,798,000 2,941,200 Budget Reserve "NR" 623, ,100 TOTAL REVENUES $ 16,753,500 $ 14,031,500 $ 30,785,000 FUNCTION OF EXPENSES UNRESTRICTED RESTRICTED TOTAL Instruction $ 7,575,000 $ 321,200 $ 7,896,200 Public Service Academic Support 424, ,000 Libraries 285, ,900 Student Services 1,132,800 94,400 1,227,200 Institutional Support 3,118,200 5,000 3,123,200 Operation and Maintenance 2,421,000-2,421,000 Student Financial Aid 899,900 10,812,900 11,712,800 Capital Construction** 150,000 2,798,000 2,948,000 Budget Reserve "NR" 623, ,100 Budget Reserve "R" 123, ,600 TOTAL EXPENSES $ 16,753,500 $ 14,031,500 $ 30,785,000 Personnel Costs $ 11,619,400 $ 603,900 $ 12,223,300 Operating Expenses 3,180,600 5,500 3,186,100 Capital Outlay 306,900 2,798,000 3,104,900 Grants in Aid 899,900 10,624,100 11,524,000 Budget Reserve "NR" 623, ,100 Budget Reserve "R" 123, ,600 TOTAL EXPENSES $ 16,753,500 $ 14,031,500 $ 30,785,000 C-8

32 Operating Budget ELIZABETHTOWN COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 24,983,800 $ 455,800 $ 25,439,600 Federal - 17,709,300 17,709,300 State - 1,926,200 1,926,200 Noncredit Tuition Private Funds - 369, ,800 Endowment Income - 171, ,900 Investment Income Sales/Services Educational Activity 855, ,100 Other Sources** 2,140, ,400 3,056,700 Salary Supplement* 465, ,100 Budget Reserve 872, ,300 TOTAL REVENUES $ 29,316,600 $ 21,549,400 $ 50,866,000 FUNCTION OF EXPENSES Instruction $ 16,456,000 $ 745,200 $ 17,201,200 Public Service 41,200 18,600 59,800 Academic Support 1,680,600 5,683,800 7,364,400 Libraries 481, ,000 Student Services 1,963,300 2,140,800 4,104,100 Institutional Support 3,372, ,800 3,493,300 Operation and Maintenance 3,228, ,700 3,390,300 Student Financial Aid 506,200 11,762,100 12,268,300 Capital Construction** - 916, ,400 Salary Supplement* 465, ,100 Budget Reserve "NR" 872, ,300 Budget Reserve "R" 249, ,800 TOTAL EXPENSES $ 29,316,600 $ 21,549,400 $ 50,866,000 Personnel Costs $ 17,274,200 $ 2,217,900 $ 19,492,100 Operating Expenses 9,747,700 6,763,400 16,511,100 Capital Outlay** 212, ,400 1,128,700 Grants in Aid 495,200 11,651,700 12,146,900 Salary Supplement* 465, ,100 Budget Reserve "NR" 872, ,300 Budget Reserve "R" 249, ,800 TOTAL EXPENSES $ 29,316,600 $ 21,549,400 $ 50,866,000 *Salary Supplement "NR": The nonrecurring salary supplement shall be paid from the nonrecurring budget reserve. These funds shall be restored to the nonrecurring budget reserve over a two-year period, i.e., by the end of **Added after budget development period to reflect capital construction projects, for comparison purposes only. C-9

33 Operating Budget ELIZABETHTOWN COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 25,147,800 $ - $ 25,147,800 Federal - 21,986,700 21,986,700 State - 1,432,800 1,432,800 Noncredit Tuition 304, ,300 Private Funds - 372, ,500 Endowment Income - 136, ,800 Investment Income Sales/Services Educational Activity 826, ,000 Other Sources 1,657, ,100 1,989,200 Budget Reserve "NR" 1,337,400-1,337,400 TOTAL REVENUES $ 29,272,600 $ 24,260,900 $ 53,533,500 FUNCTION OF EXPENSES UNRESTRICTED RESTRICTED TOTAL Instruction $ 15,676,300 $ 1,189,900 $ 16,866,200 Public Service 72,400 21,600 94,000 Academic Support 1,841, ,300 2,412,800 Libraries 505, ,900 Student Services 2,241,100 1,649,700 3,890,800 Institutional Support 3,445,700 53,200 3,498,900 Operation and Maintenance 3,198, ,700 3,355,200 Student Financial Aid 578,600 20,286,400 20,865,000 Capital Construction** 150, , ,100 Budget Reserve "NR" 1,337,400-1,337,400 Budget Reserve "R" 225, ,200 TOTAL EXPENSES $ 29,272,600 $ 24,260,900 $ 53,533,500 Personnel Costs $ 19,143,300 $ 2,241,500 $ 21,384,800 Operating Expenses 7,815,700 1,545,300 9,361,000 Capital Outlay 182, , ,500 Grants in Aid 568,600 20,142,000 20,710,600 Budget Reserve "NR" 1,337,400-1,337,400 Budget Reserve "R" 225, ,200 TOTAL EXPENSES $ 29,272,600 $ 24,260,900 $ 53,533,500 C-10

34 Operating Budget GATEWAY COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 16,564,500 $ - $ 16,564,500 Federal - 9,056,400 9,056,400 State - 3,835,600 3,835,600 Noncredit Tuition Private Funds - 566, ,000 Endowment Income - 44,000 44,000 Investment Income Sales/Services Educational Activity 862, ,600 Other Sources** 1,234,400 5,567,800 6,802,200 Salary Supplement* 341, ,400 Budget Reserve "NR" 309, ,900 TOTAL REVENUES $ 19,312,800 $ 19,069,800 $ 38,382,600 FUNCTION OF EXPENSES Instruction $ 7,828,200 $ 2,805,200 $ 10,633,400 Public Service 61, , ,600 Academic Support 1,842, ,600 2,760,200 Libraries Student Services 2,141,400 1,135,000 3,276,400 Institutional Support 3,328,200-3,328,200 Operation and Maintenance 2,734,600-2,734,600 Student Financial Aid 559,100 8,466,400 9,025,500 Capital Construction** - 5,567,800 5,567,800 Salary Supplement* 341, ,400 Budget Reserve "NR" 309, ,900 Budget Reserve "R" 165, ,600 TOTAL EXPENSES $ 19,312,800 $ 19,069,800 $ 38,382,600 Personnel Costs $ 13,982,000 $ 4,328,700 $ 18,310,700 Operating Expenses 3,911, ,500 4,727,900 Capital Outlay** 43,400 5,567,800 5,611,200 Grants in Aid 559,100 8,356,800 8,915,900 Salary Supplement* 341, ,400 Budget Reserve "NR" 309, ,900 Budget Reserve "R" 165, ,600 TOTAL EXPENSES $ 19,312,800 $ 19,069,800 $ 38,382,600 *Salary Supplement "NR": The nonrecurring salary supplement shall be paid from the nonrecurring budget reserve. These funds shall be restored to the nonrecurring budget reserve over a two-year period, i.e., by the end of **Added after budget development period to reflect capital construction projects, for comparison purposes only. C-11

35 Operating Budget GATEWAY COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 16,641,800 $ - $ 16,641,800 Federal - 11,825,200 11,825,200 State - 1,574,600 1,574,600 Noncredit Tuition 407, ,500 Private Funds - 343, ,600 Endowment Income - 44,000 44,000 Investment Income Sales/Services Educational Activity 993, ,900 Other Sources 1,385, ,000 2,260,500 Budget Reserve "NR" 651, ,300 TOTAL REVENUES $ 20,080,000 $ 14,662,400 $ 34,742,400 FUNCTION OF EXPENSES UNRESTRICTED RESTRICTED TOTAL Instruction $ 7,587,400 $ 2,089,400 $ 9,676,800 Public Service 905,800 - $ 905,800 Academic Support 2,071, ,500 $ 2,534,400 Libraries - - $ - Student Services 2,280, ,700 $ 2,654,100 Institutional Support 2,964,600 78,400 $ 3,043,000 Operation and Maintenance 2,781,200 - $ 2,781,200 Student Financial Aid 550,100 10,783,400 $ 11,333,500 Capital Construction** 150, ,000 $ 1,025,000 Budget Reserve "NR" 651,300 - $ 651,300 Budget Reserve "R" 137, ,300 TOTAL EXPENSES $ 20,080,000 $ 14,662,400 $ 34,742,400 Personnel Costs $ 14,816,900 $ 2,680,100 $ 17,497,000 Operating Expenses 3,859, ,100 4,140,900 Capital Outlay 64, , ,500 Grants in Aid 550,100 10,783,300 11,333,400 Budget Reserve "NR" 651, ,300 Budget Reserve "R" 137, ,300 TOTAL EXPENSES $ 20,080,000 $ 14,662,400 $ 34,742,400 C-12

36 Operating Budget HAZARD COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 20,170,600 $ - $ 20,170,600 Federal - 12,772,000 12,772,000 State - 2,500,500 2,500,500 Noncredit Tuition Private Funds - 271, ,700 Endowment Income - 179, ,400 Investment Income Sales/Services Educational Activity 1,086,100-1,086,100 Other Sources** 362,000 1,673,300 2,035,300 Salary Supplement* 458, ,900 Budget Reserve "NR" 312, ,000 TOTAL REVENUES $ 22,389,600 $ 17,396,900 $ 39,786,500 FUNCTION OF EXPENSES Instruction $ 8,688,600 $ 2,695,900 $ 11,384,500 Public Service 749, ,000 1,529,800 Academic Support 1,674, ,900 2,596,200 Libraries 471,100 20, ,700 Student Services 2,507,700 1,868,900 4,376,600 Institutional Support 3,665, ,700 4,014,000 Operation and Maintenance 3,186,200-3,186,200 Student Financial Aid 474,000 10,268,400 10,742,400 Capital Construction** - 492, ,500 Salary Supplement* 458, ,900 Budget Reserve "NR" 312, ,000 Budget Reserve "R" 201, ,700 TOTAL EXPENSES $ 22,389,600 $ 17,396,900 $ 39,786,500 Personnel Costs $ 16,062,600 $ 3,221,200 $ 19,283,800 Operating Expenses 4,721,300 3,450,700 8,172,000 Capital Outlay** 159, , ,000 Grants in Aid 474,000 10,127,100 10,601,100 Salary Supplement* 458, ,900 Budget Reserve "NR" 312, ,000 Budget Reserve "R" 201, ,700 TOTAL EXPENSES $ 22,389,600 $ 17,396,900 $ 39,786,500 *Salary Supplement "NR": The nonrecurring salary supplement shall be paid from the nonrecurring budget reserve. These funds shall be restored to the nonrecurring budget reserve over a two-year period, i.e., by the end of **Added after budget development period to reflect capital construction projects, for comparison purposes only. C-13

37 Operating Budget HAZARD COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 20,556,800 $ - $ 20,556,800 Federal - 13,525,900 13,525,900 State - 2,116,500 2,116,500 Noncredit Tuition 112, ,500 Private Funds - 284, ,700 Endowment Income - 187, ,300 Investment Income Sales/Services Educational Activity 1,059,600 1,500 1,061,100 Other Sources 1,329,200 1,712,200 3,041,400 Budget Reserve "NR" 770, ,900 TOTAL REVENUES $ 23,829,000 $ 17,828,100 $ 41,657,100 FUNCTION OF EXPENSES UNRESTRICTED RESTRICTED TOTAL Instruction $ 9,208,300 $ 1,583,600 $ 10,791,900 Public Service 756, ,900 1,353,100 Academic Support 1,805, ,700 2,068,100 Libraries 536,400 22, ,600 Student Services 2,608,600 2,022,700 4,631,300 Institutional Support 3,709, ,100 3,930,300 Operation and Maintenance 3,675,700-3,675,700 Student Financial Aid 474,000 11,233,000 11,707,000 Capital Construction** 100,000 1,885,900 1,985,900 Budget Reserve "NR" 770, ,900 Budget Reserve "R" 184, ,300 TOTAL EXPENSES $ 23,829,000 $ 17,828,100 $ 41,657,100 Personnel Costs $ 17,069,000 $ 2,327,100 $ 19,396,100 Operating Expenses 5,165,200 2,208,200 7,373,400 Capital Outlay 165,600 2,095,800 2,261,400 Grants in Aid 474,000 11,197,000 11,671,000 Budget Reserve "NR" 770, ,900 Budget Reserve "R" 184, ,300 TOTAL EXPENSES $ 23,829,000 $ 17,828,100 $ 41,657,100 C-14

38 Operating Budget HENDERSON COMMUNITY COLLEGE Public Funds $ 10,229,800 $ - $ 10,229,800 Federal - 4,654,000 4,654,000 State - 386, ,800 Noncredit Tuition Private Funds - 173, ,700 Endowment Income - 46,000 46,000 Investment Income Sales/Services Educational Activity 400, ,900 Other Sources** 200,000 1,245,300 1,445,300 Salary Supplement* 203, ,800 Budget Reserve "NR" 349, ,400 TOTAL REVENUES $ 11,383,900 $ 6,505,800 $ 17,889,700 FUNCTION OF EXPENSES Instruction $ 5,538,600 $ 846,700 $ 6,385,300 Public Service 371,100 22, ,100 Academic Support 552,000 42, ,800 Libraries 382, ,400 Student Services 754, , ,300 Institutional Support 1,808,800 6,500 1,815,300 Operation and Maintenance 1,129,900-1,129,900 Student Financial Aid 191,100 4,107,400 4,298,500 Capital Construction** - 1,238,600 1,238,600 Salary Supplement* 203, ,800 Budget Reserve "NR" 349, ,400 Budget Reserve "R" 102, ,300 TOTAL EXPENSES $ 11,383,900 $ 6,505,800 $ 17,889,700 Personnel Costs $ 8,483,600 $ 897,800 $ 9,381,400 Operating Expenses 1,974, ,700 2,181,000 Capital Outlay** 79,900 1,330,800 1,410,700 Grants in Aid 190,600 4,070,500 4,261,100 Salary Supplement* 203, ,800 Budget Reserve "NR" 349, ,400 Budget Reserve "R" 102, ,300 TOTAL EXPENSES $ 11,383,900 $ 6,505,800 $ 17,889,700 *Salary Supplement "NR": The nonrecurring salary supplement shall be paid from the nonrecurring budget reserve. These funds shall be restored to the nonrecurring budget reserve over a two-year period, i.e., by the end of **Added after budget development period to reflect capital construction projects, for comparison purposes only. C-15

39 Operating Budget HENDERSON COMMUNITY COLLEGE Public Funds $ 10,164,900 $ - $ 10,164,900 Federal - 4,942,000 4,942,000 State - 623, ,700 Noncredit Tuition 148, ,000 Private Funds - 168, ,100 Endowment Income - 36,900 36,900 Investment Income Sales/Services Educational Activity 418, ,700 Other Sources 413, , ,500 Budget Reserve "NR" 553, ,200 TOTAL REVENUES $ 11,698,300 $ 6,135,700 $ 17,834,000 FUNCTION OF EXPENSES UNRESTRICTED RESTRICTED TOTAL Instruction $ 5,114,600 $ 843,000 $ 5,957,600 Public Service 386,600 43, ,600 Academic Support 573,400 12, ,000 Libraries 435, ,700 Student Services 801, ,000 1,041,900 Institutional Support 2,262,700 5,500 2,268,200 Operation and Maintenance 1,127,400-1,127,400 Student Financial Aid 190,400 4,702,300 4,892,700 Capital Construction** 150, , ,400 Budget Reserve "NR" 553, ,200 Budget Reserve "R" 102, ,300 TOTAL EXPENSES $ 11,698,300 $ 6,135,700 $ 17,834,000 Personnel Costs $ 8,632,800 $ 907,700 $ 9,540,500 Operating Expenses 2,149, ,700 2,560,000 Capital Outlay 70, , ,800 Grants in Aid 189,900 4,662,300 4,852,200 Budget Reserve "NR" 553, ,200 Budget Reserve "R" 102, ,300 TOTAL EXPENSES $ 11,698,300 $ 6,135,700 $ 17,834,000 C-16

40 Operating Budget HOPKINSVILLE COMMUNITY COLLEGE Public Funds $ 14,528,100 $ 138,000 $ 14,666,100 Federal - 10,087,700 10,087,700 State - 1,209,900 1,209,900 Noncredit Tuition Private Funds - 75,400 75,400 Endowment Income - 60,100 60,100 Investment Income Sales/Services Educational Activity 505, ,900 Other Sources** 729,500 1,686,500 2,416,000 Salary Supplement* 286, ,000 Budget Reserve "NR" 562, ,500 TOTAL REVENUES $ 16,612,000 $ 13,257,600 $ 29,869,600 FUNCTION OF EXPENSES Instruction $ 8,044,300 $ 2,055,100 $ 10,099,400 Public Service 213,700 3, ,300 Academic Support 970, ,100 1,432,500 Libraries 354,100 2, ,600 Student Services 1,403, ,200 2,188,100 Institutional Support 2,818, ,200 2,960,700 Operation and Maintenance 1,574,500-1,574,500 Student Financial Aid 237,400 8,967,600 9,205,000 Capital Construction** - 840, ,300 Salary Supplement* 286, ,000 Budget Reserve "NR" 562, ,500 Budget Reserve "R" 146, ,700 TOTAL EXPENSES $ 16,612,000 $ 13,257,600 $ 29,869,600 Personnel Costs $ 11,651,700 $ 1,474,600 $ 13,126,300 Operating Expenses 3,630,100 1,456,700 5,086,800 Capital Outlay** 97,600 1,464,400 1,562,000 Grants in Aid 237,400 8,861,900 9,099,300 Salary Supplement* 286, ,000 Budget Reserve "NR" 562, ,500 Budget Reserve "R" 146, ,700 TOTAL EXPENSES $ 16,612,000 $ 13,257,600 $ 29,869,600 *Salary Supplement "NR": The nonrecurring salary supplement shall be paid from the nonrecurring budget reserve. These funds shall be restored to the nonrecurring budget reserve over a two-year period, i.e., by the end of **Added after budget development period to reflect capital construction projects, for comparison purposes only. C-17

41 Operating Budget HOPKINSVILLE COMMUNITY COLLEGE Public Funds $ 14,003,600 $ - $ 14,003,600 Federal - 12,296,600 12,296,600 State - 1,455,400 1,455,400 Noncredit Tuition 354, ,000 Private Funds - 86,700 86,700 Endowment Income - 64,200 64,200 Investment Income Sales/Services Educational Activity 492, ,900 Other Sources 675,000 1,398,100 2,073,100 Budget Reserve "NR" 848, ,500 TOTAL REVENUES $ 16,374,000 $ 15,301,000 $ 31,675,000 FUNCTION OF EXPENSES UNRESTRICTED RESTRICTED TOTAL Instruction $ 8,078,900 $ 2,231,700 $ 10,310,600 Public Service 219,600 3, ,200 Academic Support 731, ,000 1,252,600 Libraries 472,300 2, ,800 Student Services 1,454,800 1,089,700 2,544,500 Institutional Support 2,446,600 52,800 2,499,400 Operation and Maintenance 1,524,900-1,524,900 Student Financial Aid 316,100 10,993,500 11,309,600 Capital Construction** 150, , ,200 Budget Reserve "NR" 848, ,500 Budget Reserve "R" 130, ,700 TOTAL EXPENSES $ 16,374,000 $ 15,301,000 $ 31,675,000 Personnel Costs $ 12,235,000 $ 1,705,700 $ 13,940,700 Operating Expenses 2,753,100 1,404,400 4,157,500 Capital Outlay 90,600 1,117,400 1,208,000 Grants in Aid 316,100 11,073,500 11,389,600 Budget Reserve "NR" 848, ,500 Budget Reserve "R" 130, ,700 TOTAL EXPENSES $ 16,374,000 $ 15,301,000 $ 31,675,000 C-18

42 Operating Budget JEFFERSON COMMUNITY AND TECHNICAL COLLEGE Public Funds $ 49,500,800 $ 256,000 $ 49,756,800 Federal - 31,206,500 31,206,500 State - 5,356,100 5,356,100 Noncredit Tuition Private Funds - 397, ,300 Endowment Income - 54,900 54,900 Investment Income Sales/Services Educational Activity 2,646,300-2,646,300 Other Sources** - 5,740,100 5,740,100 Salary Supplement* 1,084,800-1,084,800 Budget Reserve "NR" 793, ,800 TOTAL REVENUES $ 54,025,700 $ 43,010,900 $ 97,036,600 FUNCTION OF EXPENSES Instruction $ 28,198,500 $ 8,551,400 $ 36,749,900 Public Service 169,200 48, ,200 Academic Support 1,954, ,900 2,543,400 Libraries 1,549,300-1,549,300 Student Services 4,817,200 1,242,500 6,059,700 Institutional Support 7,428, ,800 7,758,200 Operation and Maintenance 5,018, ,600 5,215,600 Student Financial Aid 2,517,000 26,965,200 29,482,200 Capital Construction** - 5,087,500 5,087,500 Salary Supplement* 1,084,800-1,084,800 Budget Reserve "NR" 793, ,800 Budget Reserve "R" 495, ,000 TOTAL EXPENSES $ 54,025,700 $ 43,010,900 $ 97,036,600 Personnel Costs $ 41,226,300 $ 8,965,600 $ 50,191,900 Operating Expenses 7,499,700 1,846,700 9,346,400 Capital Outlay** 409,300 5,367,400 5,776,700 Grants in Aid 2,516,800 26,831,200 29,348,000 Salary Supplement* 1,084,800-1,084,800 Budget Reserve "NR" 793, ,800 Budget Reserve "R" 495, ,000 TOTAL EXPENSES $ 54,025,700 $ 43,010,900 $ 97,036,600 *Salary Supplement "NR": The nonrecurring salary supplement shall be paid from the nonrecurring budget reserve. These funds shall be restored to the nonrecurring budget reserve over a two-year period, i.e., by the end of **Added after budget development period to reflect capital construction projects, for comparison purposes only. C-19