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Institution | Iowa State Dept. of Education, Des Moines. Div. of Community Colleges and Workforce Preparation. |
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Titel | Financial Status of Iowa's Community Colleges. |
Quelle | (1996), (70 Seiten)
PDF als Volltext |
Sprache | englisch |
Dokumenttyp | gedruckt; online; Monographie |
Schlagwörter | Budgeting; College Planning; Community Colleges; Educational Economics; Educational Finance; Federal Aid; Financial Needs; Financial Support; Fiscal Capacity; School Funds; State Aid; Student Costs; Two Year Colleges |
Abstract | Designed to provide information on the Iowa community colleges' overall financial performance for fiscal year (FY) 1996, this report reviews individual budgets for the state's 16 community colleges and provides a compilation of statewide budget data. Following an introduction, data are presented on the colleges' fund balances, or the sum of current assets less current liabilities, and cash reserves for 1993 to 1995, indicating that for FY 1995 the colleges unrestricted fund balance represented 7.73% of total expenditures. Next, tables are presented for FY 1993 through FY 1996 showing revenues and expenditures for each college and state totals, indicating that in FY 1996 the colleges had a total revenue of $253,612,684 and total disbursements of $252,886,039. The report then provides a financial condition worksheet distributed to the colleges to determine if 1996 working budgets reflected original expectations, as well as narratives from the 16 colleges discussing financial plans and performance for FY 1996. Finally, an analysis of the findings and trends is presented, indicating that federal aid has decreased by 6.54% since 1993 and tuition and fees have increased, currently representing over 33% of college revenues. Appendixes include a glossary of terms; graphs of revenues, expenditures, and enrollment for FY 1993-FY 1995; and a table showing community college tuition and fees for 1995-96. (TGI) |
Erfasst von | ERIC (Education Resources Information Center), Washington, DC |