Fs2012 december

Financial StatementsFor the Period

September 1, 2012 ‐ December 31, 2012

For the Meeting of the Board of Trustees ‐ January 10, 2012

for

Houston Community College System&

Houston Community College Public Facility Corporation

Memorandum Management Discussion & Analysis

Summary HCCS Unrestricted Revenue & Expenditures 1

Adjusted Budgets by Division 2

Actual YTD by College 2

Cash Flow Analysis 3

Contact Hours Reimbursement 8

Enrollment Data 9Charts Revenue & Expenditure YTD thru December 31, 2012 10

Revenue and Expenditures with Trendlines 11

Revenue Source Comparison By Year 12

Expenditure Source Comparison By Year 13

Fund Balances Balance Sheet By Fund 14

Designated Funds Budget Summary / Cash Position 15

Capital Projects & Unexpended Plant Fund Projects 16

Unexpended 2004 CIP Projects 17

Plant Fund Maintenance Tax Notes 2006 (Central Utility Plant Project) 25

Maintenance Tax Notes/Sr. Lien Bonds 2008 26

Maintenance Tax Notes 2010 28

Bonds/Notes Schedule of Bonds & Maintenance Tax Notes 29

Auxiliary Sources and Uses of Auxiliary Funds 30

Restricted Funds Grants, Contracts and Student Aid 32

Position Control 2013 Positions 38

Pos. Control Charts FTE (Full‐Time Equivalent) Monthly Comparison 42

Duplicated Headcount Monthly Comparison 51

Unduplicated Headcount Monthly Comparison 52

Statement of Net Assets PFC 1

Statement of Cash Flows (Cash Basis‐ Interim Period) PFC 2

Public Safety Institute PFC 3

Westgate PFC 4

Hayes Road ‐ Alief Project PFC 5

Northline Mall Project PFC 6

Houston Community College ‐ Public Facility Corporation

Table of ContentsFor the Period September 1, 2012 ‐ December 31, 2012

For the Meeting of the Board of Trustees

Houston Community College System

MEMORANDUM

To: Houston Community College System Board of Trustees

Via: Dr. Mary Spangler, Chancellor

From: Dr. Art Tyler, Deputy Chancellor Chief Operating Officer

Date: January 10, 2013

Re: Financial Report for Month Ended December 31, 2012

Enclosed please find the preliminary financial reports for the month ending December 31, 2012 for your review. The financial report is an internal management report submitted to the Board of Trustees to compare actual financial activities to the approved budgets, strategic priorities, and financial policies for the reported fiscal year.

Operating Fund net revenue through December 31, 2012 is $124,183,089 which is 2.6% below last year. Expenditures year‐to‐date total $90,482,832 which is 2.8% less than the same time last year, for a net of $33,700,258.

The reserves for the month of December 2012 are $62,432,031 or 21.3% of revenues (see page IV). Thus, we continue to project a healthy fiscal strength for the college.

Managements Discussion and Analysis

Thru December 31, 2012

Revenues

Expenditures

Tuition and Fees net revenue year to date totaled $72,125,276 which is 2.8% lower than the same time last year.

Current enrollment numbers for Fall 2012 are trending downward at 5%. We are projecting tuition and fees

revenue to be $112,296,647.

i

Insurance/Risk Management payments totaled $6,518,408 year‐to‐date, 5.9% above last year. The increase is

due to an increase in insurance premiums. Total expenses for the year are expected to be within budget at

$6,871,709.

Tuition & Fee‐Extended Learning receipts totaled $2,500,540 year to date, 1.3% above last year. Total tuition

and fees‐Extended Learning at fiscal year end are expected to be $6,188,581.

Marketing and Advertising expense totaled $449,404 year‐to‐date, a 15.7% increase compared to last year.

Marketing expenses are projected to be $1,291,390 at fiscal year end.

Rental and Leases expenses totaled $708,926 year‐to‐date, which is 70.4% below the previous year. The

decrease is due to the completion of IT projects. Total expenses at year end are projected to be $3,762,457.

Total revenue collections, net of exemptions and waivers, totaled $124,183,089 year‐to‐date. This is a 2.6% decrease below last year.

Total Salaries are $56,085,325 year‐to‐date, 0.3% above the previous year. Total salaries at year end are

expected to be $162,839,673.

Benefits costs totaled $5,882,836 year‐to‐date, 25.7% above last year. This increase is due namely to the

reduction in the state's contribution to TRS and ORP and an increase in health insurance premiums. Total

benefits at fiscal year end are expected to be $18,209,301.

Contract Services expense totaled $5,542,718 year‐to‐date. Fiscal year end expenses are projected to be

$23,487,857.

Total revenues and expenditures by expense type for the Operating Fund for 2012‐2013 are reported on page one,

behind the tab Detailed Financial Statements. Highlights of financial activities year‐to‐date are as follows:

State Appropriations received year to date totaled $30,904,179, 0.4% below last year. Total appropriations

received are expected to be $70,014,007. This amount was reduced by $218,031 due to a formula reallocation

to align with the Legislative Budget Board data and methodology.

Ad Valorem Tax collections totaled $17,960,176 year‐to‐date. The year‐to‐date total is 7% below last year. We

project total tax revenue for the fiscal year will be $102,195,871.

Utilities costs totaled $2,076,261 year‐to‐date. We will continue to monitor these costs. Total utilities cost at

fiscal year end is projected to $12,889,610.



Budget Priorities funding allocated for the year are detailed below through December 31, 2012.

Contingency/Budget Priorities

Capital Outlay & Equipment

Position Management

Other

Total Contingency/Budget Priorities

Grants

Unexpended Plant Fund

Public Facility Corporation

Total grant awards (federal, state & private) year‐to‐date total, $43,902,736.

Cash Position ‐ The use of the Unexpended Plant Fund Excluding 2004 CIP for deferred maintenance projects was

discontinued in FY 2009. All deferred maintenance expense is captured in the operating account. See page 15

for prior year encumbrances.

Unexpended Plant Fund Projects include current construction, deferred maintenance, and property acquisition

projects for a budget of $46,243,880. Funds for these projects are 100% committed. See page 16 for more

details.

The 2004 CIP budgets are $263,779,995 and are 99.99% committed. The spending categories in the schedule

have now been revised for more ease of reference to the Board approved budget. Please see page 17 for the

summary and pages 19 through 23 for details.

The Maintenance Tax Note 2006 tracks the financial progress of the Central Utility Plant. Commitments year‐to‐

date total $12.5 million, 99.87% of budget. See page 25 for the details.

The Public Facility Corporation tracks the progress of the PFC ‐ Public Safety Institute, Katy Campus (Westgate),

Alief and Northline Mall deferred maintenance, new construction and renovation projects. Expenditures year‐to‐

date total $100.8 million, 98.7% of budget. See pages PFC 1‐6 for details.

ii

5,834,411$

3,800,000 4,854,020 (1,054,020)

Instructional and Other Materials expenses totaled $1,785,042 year‐to‐date, which is 10.6% below last year.

Expenses in this area are projected to be $10,881,573.

Transfers/Debt activities totaled $5,437,261 year‐to‐date. Items in this expense category include all student

revenue bond payments, transfers for scholarship matching funds, and transfers to the Unexpended Plant Fund.

Total expenses are expected to be $34,018,395.

Total operating fund expenditures year‐to‐date total $90,482,832, a 2.8% decrease below last year.

Budget expenditures for grant‐funded projects so far this year total $4,791,612.

Budgeted

1,445,240 3,649,507 (2,204,267)

11,372,376$ 8,796,252$ 2,576,124$

Expensed Remaining

6,127,136$ 292,725$

The college has received $1,282,431 in new grant awards since the beginning of the current fiscal year.



Balance Sheet – Operating Fund

Cash and Investments

Cash

Investments

Total

Fund Balance

Audited Fund Balance, August 31, 2012

Projected Revenue @ 08/31/2013

Total Projected Revenue

Projected Expenses @ 08/31/2013

FY 2012 Purchase Order Roll

Total Projected Expenses @ 08/31/2013

Ending Fund Balance (Beg. Fund Balance + Revenue ‐ Expenses)

Required Reserve for FY 2013 (11% Projected Revenues)

Added Reserves

Additional Expenditures Funded From Reserves:

FY2012‐2013 Salary Increases

Total Expenses Paid From Reserves

Added Reserves

Required Reserve for FY 2013 (11% Projected Revenues)

Current Reserves

% of Total Operating Revenue

The projected reserves at December 31, 2012 of $62,432,031 is an estimate at this time and represents 21.3% of

expected general fund revenue for this fiscal year, which is within our financial stability policy requiring us to maintain

a fund balance of 9% ‐11% of general fund revenues as of August 31.

iii

(1,836,560) ‐ (1,836,560)

(1,836,560)$ ‐$ (1,836,560)

30,130,809$

32,301,222$

62,432,031$

21.3%

Budget

296,043,470$

64,268,591$

32,301,222$

31,967,369$

Expense to Date Balance

293,647,476

360,312,061$

293,647,476$

2,395,994

11,003,960 ‐

77,804,508$ 48,571,392$

66,664,585$

December 2012 December 2011

66,800,548$ 48,571,392$

FY2011‐12 FY2012‐13

Tuition

Budget:AdjustedBudgetFY2012‐13 43,067,676$Exemptions&Waivers (4,236,392)AdjustedBudgetFY2012‐13,Net 38,831,284$

RevenuesReceived:Tuition 48,824,432 33,806,885 32,578,379

Waivers&Exemptions:DualCredit (5,170,736) (3,825,963) (3,054,450)Other (1,693,502) (1,044,504) (1,181,942)

TotalWaivers&Exemptions (6,864,238) (4,870,467) (4,236,392)TotalTuitionRevenue,Net 41,960,194$ 28,936,418$ 28,341,987$

Tuition‐ExtendedLearning

Budget:BudgetFY2012‐13 6,188,581$Exemptions&Waivers (720,550)BudgetFY2012‐13,Net 5,468,031$

RevenuesReceived:

Tuition 8,853,381 3,274,902 3,221,090Waivers&Exemptions:

Corrections (2,612,080) (806,544) (720,550)

TotalELTuitionRevenue,Net 6,241,301$ 2,468,358$ 2,500,540$

Exemptions&WaiversDeptofCorrections 2,612,080$ 806,544$ 720,550$DualCreditWaiver 5,170,736 3,825,963 3,054,450

Other:EmployeeFeeExemptions 84,810 47,387 39,745Firemen 42,521 26,865 16,963Hazelwood 906,036 552,924 713,929Deaf&Blind 309,603 215,319 190,236HighRankingHiSCHGrad 868 372 1,271ChildofDisabledVetETC 431 (747) 6,165NonresMilitaryPer&Dep 2,390 1,062 ‐EmpofStateColl&Univ ‐ ‐ 1,062NonresTeach/ResearchAsst 13,905 7,277 6,107NonresCompetitiveScholar ‐ ‐ 1,062SeniorCitizens 18,730 10,528 9,584ScholarshipDistribution 1,450 1,450 ‐ApprenticeshipWaivers (28) ‐ ‐SpecialFeesWaiverHFD 117 117 ‐AVISAWaiver(Non‐AlienWaiver) 1,110 1,110 ‐RefugeeWaiver (1,554) (1,110) (162)FosterChildren‐Resident 294,543 168,435 187,857FireAcademyWaiver 157 157 ‐UndocumentedStudents 2,171 1,814 ‐TXTomorrowWaiver 2,874 2,874 ‐PeaceOfficerExemption 13,368 8,670 8,123

TotalOtherExemptions 1,693,502 1,044,504 1,181,942GrandTotalExemptions&Waivers 9,476,318$ 5,677,011$ 4,956,942$

Note:AsofDecember31,2008,thefinancialstatementsreflectallexpensesincurredforExemptionsandWaiversasnetoftuitionandfeerevenue.PriortothisdateExemptions&Waiverswereshownasanexpenditureandrevenuewasshownasgrossrevenue.

iv

Exemptions&WaiversThruDecember31,2012

Year‐to‐DateActivitythru12/31/2012

Year‐to‐DateActivitythru12/31/2011

EndofYearActivityAccount

g

YTD Adjusted Budget

YTD Actuals Thru

December 31, 2012

YTD Actuals Thru

December 31, 2011

2012‐2013 Inc/(Dec)

vs. 2011‐2012

Actuals %

Inc/(Dec)YTD vs.

PriorYTD

Projected Actuals

2012‐2013

Projected 2012‐2013

Inc/(Dec) vs. Adj

Budget

Projected 2012‐

2013 Inc/(Dec) vs.

Adj Budget %

REVENUES

State Appropriations 70,232,038$ 30,904,179$ 31,042,116$ (137,937)$ ‐0.44% 70,014,007$ (218,031)$ ‐0.31%Ad Valorem Taxes 102,195,871 17,960,176 19,309,038 (1,348,862) ‐6.99% 102,195,871 ‐ 0.00%Tuition, Net 43,067,676 28,341,987 28,936,418 (594,431) ‐2.05% 42,206,322 (861,354) ‐2.00%Fees 71,520,739 43,783,289 45,273,811 (1,490,522) ‐3.29% 70,090,324 (1,430,415) ‐2.00%Other Local Income* 2,952,370 540,527 363,587 176,940 48.67% 2,952,370 ‐ 0.00%Tuition & Fee, Net

‐‐ Extended Learning6,188,581 2,500,540 2,468,358 32,181 1.30% 6,188,581 ‐ 0.00%

Grant Revenue ‐ 152,392 143,102 9,290 6.49% ‐ ‐

Total Revenues 296,157,275 124,183,089 127,536,431 (3,353,341) ‐2.63% 293,647,476$ (2,509,799)$ ‐0.85%

EXPENSES

Faculty‐FT 53,234,754 19,563,691 19,335,262 228,429 1.18% 53,234,754 ‐ 0.00%

Faculty‐PT 30,463,166 11,214,300 11,289,741 (75,441) ‐0.67% 30,463,166 ‐ 0.00%

Librarian/Counselor‐FT 4,774,339 1,704,592 2,181,471 (476,878) ‐21.86% 4,774,339 ‐ 0.00%

Librarian/Counselor‐PT 812,299 228,290 181,015 47,276 26.12% 812,299 ‐ 0.00%

Staff‐FT 64,741,385 21,027,901 20,490,398 537,502 2.62% 64,741,385 ‐ 0.00%Staff‐PT 10,005,055 2,346,551 2,454,823 (108,272) ‐4.41% 8,813,730 (1,191,325) ‐11.91%

Sub‐total Salaries 164,030,998 56,085,325 55,932,709 152,616 0.27% 162,839,673 (1,191,325) ‐0.73%

Employee Benefits 18,209,301 5,882,836 4,681,258 1,201,577 25.67% 18,209,301 ‐ 0.00%

Supplies Gen Exp 5,629,855 1,491,289 1,294,994 196,295 15.16% 5,347,963 (281,892) ‐5.01%

Travel 953,260 200,229 166,819 33,411 20.03% 953,260 ‐ 0.00%

Marketing Costs 1,485,617 449,404 388,474 60,929 15.68% 1,291,390 (194,227) ‐13.07%

Rental & Leases 3,762,457 708,926 2,392,165 (1,683,240) ‐70.36% 3,762,457 ‐ 0.00%

Insurance/Risk Mgmt 6,871,709 6,518,408 6,153,966 364,442 5.92% 6,871,709 ‐ 0.00%

Contract Services 23,487,857 5,542,718 3,953,168 1,589,550 40.21% 23,487,857 ‐ 0.00%

Utilities 12,889,610 2,076,261 1,806,964 269,297 14.90% 12,889,610 ‐ 0.00%

Other Departmental Expenses 1,819,130 641,550 505,989 135,561 26.79% 1,406,872 (412,258) ‐22.66%

Instructional & Other Materials 10,881,573 1,785,042 1,995,961 (210,919) ‐10.57% 10,881,573 ‐ 0.00%

Maintenance & Repair 1,245,866 129,256 170,641 (41,385) ‐24.25% 1,245,866 ‐ 0.00%

Transfers/Debt 34,018,395 5,437,261 13,367,068 (7,929,806) ‐59.32% 34,018,395 ‐ 0.00%

Contingency (1,076,657) ‐ ‐ ‐ 0.00% (1,076,657) ‐ 0.00%Capital Outlay 11,948,304 3,534,326 259,899 3,274,427 1259.88% 11,518,207 (430,097) ‐3.60%

Total Expenses 296,157,275 90,482,832 93,070,077 (2,587,246) ‐2.78% 293,647,476 (2,509,799) ‐0.85%

REVENUES H/(L) Vs EXPENSES 0 33,700,258 34,466,353 (766,095) (0) (0)

* Includes interest & dividends income, fines & penalties and parking fines

1

HOUSTON COMMUNITY COLLEGE2012‐2013 Revenues & Expenditures HCCS CURRENT UNRESTRICTED

CENTRAL

NORTH

WEST

NORTH

EAST

SOUTH

WEST SOUTH EAST COLEMAN

EXTENDED

LEARNING

CHAN‐

CELLOR

DEPUTY CHAN‐

CELLOR

INSTITU‐

TIONAL

EFFECTIVE‐

NESS

INSTRUC‐

TION

INFO

TECH

STUDENT

SUCCESS SYSTEM HCCS

% of

Adjusted

Budget

EXPENSES

Faculty‐FT 10,224,328 10,113,999 7,284,350 11,995,950 4,907,675 5,979,387 2,378,018 ‐ ‐ ‐ 215,922 135,125 ‐ ‐ 53,234,754 17.98%

Faculty‐PT 4,753,363 6,327,932 4,066,211 5,823,205 3,779,081 1,790,194 3,592,035 ‐ ‐ ‐ 330,386 759 ‐ ‐ 30,463,166 10.29%

Librarian/Counselor‐FT 1,054,830 1,115,400 880,441 730,819 514,757 53,730 2,887 ‐ ‐ ‐ 340,010 ‐ 81,465 ‐ 4,774,339 1.61%

Librarian/Counselor‐PT 87,030 194,185 119,380 184,695 63,452 33,248 ‐ ‐ ‐ ‐ 19,773 ‐ 110,536 ‐ 812,299 0.27%

Staff‐FT 5,572,367 4,402,471 4,777,243 5,695,324 3,838,032 2,403,200 3,659,157 3,663,863 15,368,793 102,108 3,424,831 7,534,496 4,299,500 ‐ 64,741,385 21.86%

Staff‐PT 1,984,593 1,673,318 742,949 1,492,178 1,244,029 441,322 650,862 263,028 573,372 ‐ 272,930 235,344 431,130 ‐ 10,005,055 3.38%

Sub‐total Salaries 23,676,511 23,827,305 17,870,574 25,922,171 14,347,026 10,701,081 10,282,959 3,926,891 15,942,165 102,108 4,603,852 7,905,724 4,922,631 ‐ 164,030,998 55.39%

Employee Benefits ‐ ‐ ‐ 4 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 18,209,297 18,209,301 6.15%

Supplies Gen Exp 250,236 385,021 204,399 237,643 210,412 336,750 192,596 310,446 1,321,813 ‐ 152,747 254,809 (13,548) 1,786,531 5,629,855 1.90%

Travel 103,210 88,882 34,545 66,098 56,181 88,617 79,555 125,009 120,510 ‐ 54,671 103,281 32,701 ‐ 953,260 0.32%

Marketing Costs 49,979 46,349 109,159 36,566 89,207 38,323 189,180 81,220 843,634 ‐ ‐ 2,000 ‐ ‐ 1,485,617 0.50%

Rental & Leases 34,418 137,537 1,316,100 568,380 41,484 508,719 38,680 24,980 224,371 ‐ ‐ 858,067 9,721 ‐ 3,762,457 1.27%

Insurance/Risk Mgmt 794 ‐ ‐ 154 ‐ ‐ ‐ ‐ ‐ ‐ ‐ 676 ‐ 6,870,085 6,871,709 2.32%

Contract Services 320,730 298,506 67,210 47,985 163,144 348,278 61,074 472,093 13,189,520 ‐ 162,835 2,366,496 31,883 5,958,103 23,487,857 7.93%

Utilities 5,025 ‐ 4,600 ‐ ‐ ‐ ‐ ‐ 1,575,778 ‐ ‐ 1,400,000 ‐ 9,904,207 12,889,610 4.35%

Other Departmental Expenses 81,022 45,343 36,783 43,845 134,897 113,419 53,844 300,603 183,578 ‐ 143,258 255,743 138,291 288,504 1,819,130 0.61%

Instructional & Other Materials 466,601 337,112 141,892 341,093 67,815 364,475 950,372 36,261 132,117 ‐ 1,061,562 6,703,181 279,092 ‐ 10,881,573 3.67%

Maintenance & Repair 138,595 27,927 44,667 33,463 15,772 86,050 158,650 1,265 719,200 ‐ 8,472 8,870 416 2,519 1,245,866 0.42%

Transfers/Debt ‐ 845,619 5,636,142 1,155,001 ‐ ‐ ‐ ‐ 3,264 ‐ ‐ ‐ ‐ 26,378,369 34,018,395 11.49%

Contingency 17,250 25,768 47,410 49,044 40,000 48,800 ‐ 83,000 121,218 ‐ 50,000 50,000 38,697 (1,647,844) (1,076,657) ‐0.36%

Capital Outlay 571,641 279,606 286,843 111,859 282,606 559,924 30,859 61,150 4,853,082 ‐ 1,089 780,636 1,873 4,127,136 11,948,304 4.03%

Total Budget 25,716,012 26,344,975 25,800,324 28,613,306 15,448,544 13,194,436 12,037,769 5,422,918 39,230,250 102,108 6,238,486 20,689,483 5,441,757 71,876,907 296,157,275 100.00%

CENTRAL

NORTH

WEST

NORTH

EAST

SOUTH

WEST SOUTH EAST COLEMAN

EXTENDED

LEARNING

CHAN‐

CELLOR

DEPUTY CHAN‐

CELLOR

INSTITU‐

TIONAL

EFFECTIVE‐

NESS

INSTRUC‐

TION

INFO

TECH

STUDENT

SUCCESS SYSTEM HCCS

% of

Actuals

EXPENSES

Faculty‐FT 3,822,673 3,739,729 2,682,058 4,449,602 1,809,821 2,154,181 853,409 ‐ ‐ ‐ 20,536 31,682 ‐ ‐ 19,563,691 21.62%

Faculty‐PT 1,838,948 2,357,037 1,505,495 2,247,231 1,437,776 585,083 1,136,733 ‐ ‐ ‐ 105,998 ‐ ‐ ‐ 11,214,300 12.39%

Librarian/Counselor‐FT 357,066 387,239 320,955 255,591 213,698 17,885 2,886 ‐ ‐ ‐ 120,724 ‐ 28,548 ‐ 1,704,592 1.88%

Librarian/Counselor‐PT 22,417 53,724 43,252 59,035 20,106 9,793 ‐ ‐ ‐ ‐ ‐ ‐ 19,964 ‐ 228,290 0.25%

Staff‐FT 1,784,494 1,410,984 1,538,474 1,826,629 1,224,379 787,525 1,209,167 1,217,628 5,074,438 34,036 1,133,224 2,399,920 1,387,001 ‐ 21,027,901 23.24%

Staff‐PT 422,705 424,261 221,991 396,885 292,380 89,860 192,166 41,914 114,271 ‐ 35,563 41,117 73,438 ‐ 2,346,551 2.59%

Sub‐total Salaries 8,248,304 8,372,975 6,312,224 9,234,971 4,998,160 3,644,327 3,394,362 1,259,542 5,188,709 34,036 1,416,045 2,472,719 1,508,951 ‐ 56,085,325 61.98%

Employee Benefits ‐ ‐ ‐ 3 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 5,882,832 5,882,836 6.50%

Supplies Gen Exp 44,036 62,480 64,500 77,674 59,013 65,942 67,018 92,066 289,084 ‐ 52,499 28,070 42,330 546,580 1,491,289 1.65%

Travel 5,381 24,495 5,371 9,534 4,227 19,161 29,699 42,916 20,192 ‐ 19,069 10,539 9,647 ‐ 200,229 0.22%

Marketing Costs 1,098 12,527 2,310 20,662 14,078 1,346 57,680 62,986 276,717 ‐ ‐ ‐ ‐ ‐ 449,404 0.50%

Rental & Leases 30,678 34,647 349,134 77,370 9,344 124,555 4,177 4,322 66,739 ‐ ‐ 5,543 2,415 ‐ 708,926 0.78%

Insurance/Risk Mgmt ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 6,518,408 6,518,408 7.20%

Contract Services 18,953 19,122 12,198 12,470 23,622 247,618 17,013 43,808 2,919,203 ‐ 16,939 266,171 29,076 1,916,527 5,542,718 6.13%

Utilities 1,168 ‐ 350 ‐ ‐ ‐ ‐ ‐ 172,736 ‐ ‐ 377,382 ‐ 1,524,625 2,076,261 2.29%

Other Departmental Expenses 8,028 12,527 10,924 11,580 3,269 20,902 20,002 154,123 29,374 ‐ 33,090 30,650 18,577 288,503 641,550 0.71%

Instructional & Other Materials 111,614 28,188 20,234 29,053 10,729 37,926 145,593 ‐ 7,390 ‐ 247,647 1,108,078 38,590 ‐ 1,785,042 1.97%

Maintenance & Repair 13,297 1,870 4,051 700 1,774 1,623 21,343 238 77,452 ‐ 4,853 2,055 ‐ ‐ 129,256 0.14%

Transfers/Debt ‐ 221,329 1,651,966 664,709 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 2,899,257 5,437,261 6.01%

Contingency ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 0.00%

Capital Outlay 13,945 19,195 10,815 23,555 5,329 ‐ 16,962 ‐ 3,403,668 ‐ ‐ 40,857 ‐ ‐ 3,534,326 3.91%

Total Expense 8,496,503 8,809,354 8,444,076 10,162,281 5,129,543 4,163,399 3,773,849 1,660,002 12,451,265 34,036 1,790,142 4,342,064 1,649,585 19,576,733 90,482,832 100.00%% of Adjusted

Budget by Division 33.04% 33.44% 32.73% 35.52% 33.20% 31.55% 31.35% 30.61% 31.74% 33.33% 28.70% 20.99% 30.31% 27.24% 30.55% 100.00%

Remaining Balance 17,219,510 17,535,621 17,356,248 18,451,025 10,319,001 9,031,037 8,263,920 3,762,916 26,778,985 68,072 4,448,344 16,347,419 3,792,172 52,300,174 205,674,443

HOUSTON COMMUNITY COLLEGE2012‐2013 Expenditures

YTD Adjusted Budget by Division

YTD Actuals by Division

2

Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug.

Central FY2013 8.77% 17.29% 26.04% 33.04%

FY2012 8.89% 17.89% 27.03% 35.01% 41.49% 49.28% 58.01% 66.97% 74.34% 81.43% 88.98% 94.59%

Northwest FY2013 8.26% 17.69% 26.42% 33.44%

FY2012 8.55% 18.72% 27.39% 33.69% 38.31% 46.70% 55.31% 66.77% 74.43% 81.57% 89.43% 95.09%

Northeast FY2013 6.80% 19.95% 27.15% 32.73%

FY2012 6.70% 20.76% 27.75% 33.82% 40.16% 46.70% 53.35% 76.04% 82.19% 88.46% 94.27% 98.45%

Southwest FY2013 8.59% 19.46% 28.35% 35.52%

FY2012 8.58% 19.19% 28.11% 36.68% 43.63% 50.96% 58.38% 71.97% 79.03% 85.23% 92.21% 96.87%

Southeast FY2013 7.94% 16.74% 25.87% 33.20%

FY2012 8.68% 17.97% 27.56% 35.39% 41.33% 49.39% 57.90% 67.21% 74.92% 81.69% 89.81% 95.46%

Coleman FY2013 8.06% 17.28% 24.93% 31.55%

FY2012 8.26% 17.29% 25.18% 32.46% 39.63% 47.52% 55.02% 63.80% 71.21% 79.83% 87.22% 93.29%

Extended Learning FY2013 7.79% 15.60% 23.76% 31.35%

3 FY2012 7.97% 15.68% 23.55% 30.39% 37.09% 45.43% 53.07% 60.96% 69.35% 76.72% 84.68% 91.63%

Chancellor FY2013 7.14% 13.81% 24.51% 30.61%

FY2012 8.66% 16.11% 23.27% 30.27% 39.34% 45.84% 53.37% 61.08% 68.18% 74.82% 81.30% 89.24%

Deputy Chancellor FY2013 4.52% 10.80% 17.79% 31.74%

FY2012 4.52% 10.28% 16.85% 22.58% 31.70% 38.52% 45.34% 51.71% 59.06% 69.23% 76.82% 80.46%

Institute Effectiveness FY2013 8.33% 16.67% 25.00% 33.33%

FY2012 5.76% 15.21% 22.37% 29.85% 38.13% 45.15% 52.82% 59.23% 67.73% 76.94% 85.77% 94.82%

Instruction FY2013 6.55% 15.59% 22.53% 28.70%

FY2012 6.73% 16.23% 22.67% 28.96% 35.81% 42.78% 52.10% 59.22% 65.59% 72.63% 82.25% 89.27%

Info Tech FY2013 5.56% 12.11% 16.63% 20.99%

FY2012 20.14% 33.96% 40.28% 45.47% 52.99% 59.23% 64.92% 71.03% 76.35% 82.70% 88.44% 99.49%

Student Success FY2013 7.33% 14.68% 23.02% 30.31%

FY2012 8.33% 15.89% 23.44% 30.58% 40.76% 48.76% 56.63% 65.19% 72.58% 80.37% 90.28% 98.41%

System FY2013 12.41% 18.87% 22.34% 27.24%

FY2012 22.23% 25.94% 29.46% 32.09% 36.45% 39.69% 43.39% 63.98% 68.16% 71.84% 79.45% 88.27%

Total HCCS FY2013 8.55% 16.77% 23.49% 30.55%

FY2012 12.05% 20.09% 26.81% 32.55% 38.82% 45.08% 51.63% 65.11% 71.48% 77.90% 85.35% 91.73%

Houston Community College

Cash Flow Analysis ‐ Monthly Percentage of Budget UsedFY2013 vs. FY2012

Adjusted Budget

FY2012

YTD Actuals Thru

December 31, 2011 % of Budget Used

Adjusted Budget

FY2013

YTD Actuals Thru


EXPENSES

Faculty‐FT 11,314,177 4,275,183 37.79% 10,224,328 3,822,673 37.39%

Faculty‐PT 3,778,001 1,487,598 39.38% 4,753,363 1,838,948 38.69%

Librarian/Counselor‐FT 1,048,871 370,791 35.35% 1,054,830 357,066 33.85%

Librarian/Counselor‐PT 116,302 16,936 14.56% 87,030 22,417 25.76%

Staff‐FT 5,326,243 1,767,835 33.19% 5,572,367 1,784,494 32.02%

Staff‐PT 1,783,727 479,290 26.87% 1,984,593 422,705 21.30%

Sub‐total Salaries 23,367,321 8,397,633 35.94% 23,676,511 8,248,304 34.84%

Employee Benefits ‐ ‐ ‐ ‐ ‐ ‐

Supplies Gen Exp 224,048 49,719 22.19% 250,236 44,036 17.60%

Travel 100,311 20,893 20.83% 103,210 5,381 5.21%

Marketing Costs 56,879 19,428 34.16% 49,979 1,098 2.20%

Rental & Leases 80,498 26,000 32.30% 34,418 30,678 89.13%

Insurance/Risk Mgmt 794 ‐ 0.00% 794 ‐ 0.00%

Contract Services 331,583 72,692 21.92% 320,730 18,953 5.91%

Utilities ‐ ‐ ‐ 5,025 1,168 0.00%

Other Departmental Expenses 78,953 6,434 8.15% 81,022 8,028 9.91%

Instructional & Other Materials 454,315 119,287 26.26% 466,601 111,614 23.92%

Maintenance & Repair 86,838 13,373 15.40% 138,595 13,297 9.59%

Transfers/Debt ‐ ‐ ‐ ‐ ‐ ‐

Contingency 35,140 ‐ 0.00% 17,250 ‐ ‐

Capital Outlay 118,876 3,564 3.00% 571,641 13,945 2.44%

Total Expenses 24,935,556 8,729,022 35.01% 25,716,012 8,496,503 33.04%

Adjusted Budget

FY2012

YTD Actuals Thru


Adjusted Budget

FY2013

YTD Actuals Thru


EXPENSES

Faculty‐FT 10,486,024 3,796,590 36.21% 10,113,999 3,739,729 36.98%

Faculty‐PT 4,193,032 1,646,189 39.26% 6,327,932 2,357,037 37.25%

Librarian/Counselor‐FT 1,067,207 329,310 30.86% 1,115,400 387,239 34.72%


Staff‐FT 3,994,784 1,216,952 30.46% 4,402,471 1,410,984 32.05%

Staff‐PT 1,287,208 344,779 26.79% 1,673,318 424,261 25.35%



Supplies Gen Exp 262,104 30,905 11.79% 385,021 62,480 16.23%

Travel 79,162 16,735 21.14% 88,882 24,495 27.56%

Marketing Costs 41,176 14,135 34.33% 46,349 12,527 27.03%

Rental & Leases 128,563 29,767 23.15% 137,537 34,647 25.19%

Insurance/Risk Mgmt ‐ ‐ 0.00% ‐ ‐ 0.00%


Utilities ‐ ‐ ‐ ‐ ‐ 0.00%



Maintenance & Repair 24,520 765 3.12% 27,927 1,870 6.70%

Transfers/Debt 883,899 242,943 27.49% 845,619 221,329 ‐

Contingency 24,267 ‐ 0.00% 25,768 ‐ ‐

Capital Outlay 95,083 5,296 5.57% 279,606 19,195 6.87%

Total Expenses 23,223,452 7,822,919 33.69% 26,344,975 8,809,354 33.44%

Central College

Detail Cash Flow Analysis ‐ Monthly Percentage of Budget Used

Northwest College


4

Adjusted Budget

FY2012

YTD Actuals Thru


Adjusted Budget

FY2013

YTD Actuals Thru


EXPENSES

Faculty‐FT 7,923,326 2,942,851 37.14% 7,284,350 2,682,058 36.82%

Faculty‐PT 2,906,276 1,239,949 42.66% 4,066,211 1,505,495 37.02%

Librarian/Counselor‐FT 1,100,054 374,691 34.06% 880,441 320,955 36.45%


Staff‐FT 4,552,638 1,510,916 33.19% 4,777,243 1,538,474 32.20%

Staff‐PT 693,595 215,304 31.04% 742,949 221,991 29.88%



Supplies Gen Exp 317,862 72,849 22.92% 204,399 64,500 31.56%

Travel 32,665 5,979 18.30% 34,545 5,371 15.55%

Marketing Costs 46,417 7,561 16.29% 109,159 2,310 2.12%

Rental & Leases 1,258,716 291,964 23.20% 1,316,100 349,134 26.53%

Insurance/Risk Mgmt ‐ ‐ ‐ ‐ ‐ ‐


Utilities 4,600 950 20.65% 4,600 350 0.00%




Transfers/Debt 5,640,942 1,697,155 30.09% 5,636,142 1,651,966 ‐

Contingency 33,706 ‐ 0.00% 47,410 ‐ ‐

Capital Outlay 48,101 26 0.05% 286,843 10,815 3.77%

Total Expenses 24,964,048 8,443,176 33.82% 25,800,324 8,444,076 32.73%

Adjusted Budget

FY2012

YTD Actuals Thru


Adjusted Budget

FY2013

YTD Actuals Thru


EXPENSES

Faculty‐FT 13,470,841 5,096,746 37.84% 11,995,950 4,449,602 37.09%

Faculty‐PT 5,609,993 2,211,215 39.42% 5,823,205 2,247,231 38.59%

Librarian/Counselor‐FT 1,397,239 579,453 41.47% 730,819 255,591 34.97%


Staff‐FT 5,220,914 1,841,719 35.28% 5,695,324 1,826,629 32.07%

Staff‐PT 1,595,082 531,563 33.33% 1,492,178 396,885 26.60%


Employee Benefits ‐ ‐ ‐ 4 3 ‐

Supplies Gen Exp 240,171 52,652 21.92% 237,643 77,674 32.69%

Travel 64,579 10,048 15.56% 66,098 9,534 14.42%

Marketing Costs 37,367 10,506 28.11% 36,566 20,662 56.51%

Rental & Leases 800,802 444,341 55.49% 568,380 77,370 13.61%

Insurance/Risk Mgmt 113 ‐ ‐ 154 ‐ 0.00%


Utilities ‐ ‐ ‐ ‐ ‐ ‐



Maintenance & Repair 22,054 4,520 20.50% 33,463 700 2.09%

Transfers/Debt 2,484,173 687,010 27.66% 1,155,001 664,709 57.55%

Contingency 44,734 ‐ 0.00% 49,044 ‐ 0.00%

Capital Outlay 106,254 1,080 1.02% 111,859 23,555 21.06%

Total Expenses 31,653,008 11,609,058 36.68% 28,613,306 10,162,281 35.52%

5

Northeast College


Southwest College


Adjusted Budget

FY2012

YTD Actuals Thru


Adjusted Budget

FY2013

YTD Actuals Thru


EXPENSES

Faculty‐FT 5,656,940 2,087,420 36.90% 4,907,675 1,809,821 36.88%

Faculty‐PT 2,665,754 1,087,426 40.79% 3,779,081 1,437,776 38.05%

Librarian/Counselor‐FT 694,643 238,591 34.35% 514,757 213,698 41.51%


Staff‐FT 3,357,074 1,092,212 32.53% 3,838,032 1,224,379 31.90%

Staff‐PT 981,526 298,377 30.40% 1,244,029 292,380 23.50%



Supplies Gen Exp 191,329 71,152 37.19% 210,412 59,013 28.05%

Travel 48,763 8,833 18.11% 56,181 4,227 7.52%

Marketing Costs 115,335 20,817 18.05% 89,207 14,078 15.78%

Rental & Leases 177,160 79,104 44.65% 41,484 9,344 22.53%








Contingency 32,436 ‐ 0.00% 40,000 ‐ 0.00%

Capital Outlay 82,501 28,200 34.18% 282,606 5,329 1.89%

Total Expenses 14,467,753 5,119,776 35.39% 15,448,544 5,129,543 33.20%

Adjusted Budget

FY2012

YTD Actuals Thru


Adjusted Budget

FY2013

YTD Actuals Thru


EXPENSES

Faculty‐FT 6,692,274 2,343,830 35.02% 5,979,387 2,154,181 36.03%

Faculty‐PT 1,217,995 380,868 31.27% 1,790,194 585,083 32.68%



Staff‐FT 2,356,886 781,716 33.17% 2,403,200 787,525 32.77%

Staff‐PT 361,263 99,351 27.50% 441,322 89,860 20.36%



Supplies Gen Exp 326,141 47,221 14.48% 336,750 65,942 19.58%

Travel 78,402 15,452 19.71% 88,617 19,161 21.62%

Marketing Costs 43,823 ‐ 0.00% 38,323 1,346 3.51%

Rental & Leases 490,461 132,624 27.04% 508,719 124,555 24.48%



Utilities ‐ ‐ ‐ ‐ ‐ 0.00%





Contingency 50,001 ‐ 0.00% 48,800 ‐ 0.00%

Capital Outlay 25,000 ‐ 0.00% 559,924 ‐ 0.00%

Total Expenses 12,660,679 4,109,170 32.46% 13,194,436 4,163,399 31.55%

Southeast College


Coleman College


6

Adjusted Budget

FY2012

YTD Actuals Thru


Adjusted Budget

FY2013

YTD Actuals Thru


EXPENSES

Faculty‐FT 2,379,308 856,030 35.98% 2,378,018 853,409 35.89%

Faculty‐PT 3,262,606 1,042,081 31.94% 3,592,035 1,136,733 31.65%


Librarian/Counselor‐PT ‐ ‐ 0.00% ‐ ‐ 0.00%

Staff‐FT 3,691,263 1,222,347 33.11% 3,659,157 1,209,167 33.04%

Staff‐PT 669,758 152,583 22.78% 650,862 192,166 29.52%


Employee Benefits ‐ ‐ ‐ ‐ ‐ 0.00%

Supplies Gen Exp 201,598 33,249 16.49% 192,596 67,018 34.80%

Travel 68,930 15,319 22.22% 79,555 29,699 37.33%

Marketing Costs 206,496 93,945 45.49% 189,180 57,680 30.49%

Rental & Leases 49,890 6,685 13.40% 38,680 4,177 10.80%

Insurance/Risk Mgmt ‐ ‐ ‐ ‐ ‐ 0.00%




Instructional & Other Materials 1,112,815 129,729 11.66% 950,372 145,593 15.32%



Contingency ‐ ‐ ‐ ‐ ‐ ‐

Capital Outlay 9,869 3,150 0.00% 30,859 16,962 54.97%

Total Expenses 11,974,816 3,638,746 30.39% 12,037,769 3,773,849 31.35%


7

Division of Extended Learning

2006-07 2007-08 2008-09 2009-10 2010-11 2011-12Academic 12,077,904 12,739,232 14,345,992 16,652,752 17,802,080 17,354,256

Technical 4,378,250 4,422,336 4,883,890 5,680,164 5,924,078 5,822,072

Continuing Education 2,091,365 1,847,195 1,810,761 1,880,857 1,914,445 1,798,940

Total Fundable Contact Hou 18,547,519 19,008,763 21,040,643 24,213,773 25,640,603 24,975,268

Source: Certified CBM004 & CBM00C.

8

HOUSTON COMMUNITY COLLEGEAnnual Fundable Contact Hours

FY 2006-07 thru FY 2011-12

0

5000000

10000000

15000000

20000000

25000000

30000000

2006‐07 2007‐08 2008‐09 2009‐10 2010‐11 2011‐12

Continuing Education Technical Academic

+5.9%+15.1%

+10.7%+2.5%

‐2.6%

HOUSTON COMMUNITY COLLEGEUnduplicated Headcount Comparison Semester‐To‐Semester (FY 2009‐10 thru FY 2012‐13)

Fall Semester (Unduplicated Enrollment ‐ All Students)*

Spring Semester (Unduplicated Enrollment ‐ All Students)

Summer Semester (Unduplicated Enrollment ‐ All Students)

* As of January 08, 2013.

9

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

45,000

50,000

-62

-52

-42

-32

-22

-12 -2 8 18 28 38 48 58 68

Sum 12

Sum 11

Sum 10

First Class Day

Census Day

Sum 12 Enrollment:‐0.0% (Sum12 to 11)‐4.1% (Sum12 to 10)

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000-1

10

-100 -90

-80

-70

-60

-50

-40

-30

-20

-10 0 10 20 30 40 50 60 70 80 90 100

110

120

130

Fall 12

Fall 11

Fall 10

Fall 12 Enrollment:‐6.5% (Fall12 to 11)‐3.9% (Fall12 to 10)

First Class Day

Census Day

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

-69

-59

-49

-39

-29

-19 -9 1 11 21 31 41

Spr 13

Spr 12

Spr 11

Census Day

First Class Day

Spr 13 Enrollment:‐8.1% (Spr13 to 12)‐1.9% (Spr13 to 11)

HOUSTON COMMUNITY COLLEGERevenues & Expenditures Comparison Year to Date Thru December 31, 2012

2009 Positions

Revenues Expenditures Rev H/(L) Exp

YTD Actuals Thru December 31, 2012 124,183,089 90,482,832 33,700,258

YTD Actuals Thru December 31, 2011 127,536,431 93,070,077 34,466,353

(3,353,341) (2,587,246)

10

‐

20,000,000

40,000,000

60,000,000

80,000,000

100,000,000

120,000,000

140,000,000

Revenues Expenditures

` HOUSTON COMMUNITY COLLEGEMonthly Revenues & Expenditures Comparison Year to Date By Month

Revenues SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG

2012‐2013 58,227,650 9,431,856 25,352,097 36,128,428

2011‐2012 61,685,752 9,480,515 24,214,599 37,832,575 66,013,487 35,495,964 10,116,378 16,794,724 15,263,177 9,332,949 7,924,181 9,726,145

2009 Positions

Expenditures SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG

2012‐2013 28,324,834 24,699,442 20,905,041 21,510,456

2011‐2012 37,698,782 23,302,047 20,581,833 17,164,427 19,407,583 18,185,253 18,965,252 39,130,360 18,696,899 18,586,628 21,489,075 18,505,226

11

‐ 5,000,000

10,000,000 15,000,000 20,000,000 25,000,000 30,000,000 35,000,000 40,000,000 45,000,000 50,000,000 55,000,000 60,000,000 65,000,000 70,000,000

SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG

‐ 5,000,000

10,000,000 15,000,000 20,000,000 25,000,000 30,000,000 35,000,000 40,000,000 45,000,000 50,000,000 55,000,000 60,000,000 65,000,000 70,000,000


HOUSTON COMMUNITY COLLEGERevenues Comparison Year to Date Thru December 31, 2012 by Source

2009 Positions

State

Appropriations Ad Valorem Taxes Tuition, Net Fees

Other Local

Income* Extended Learning Grant Revenue Total Revenues

YTD Actuals Thru December 31, 2012 30,904,179 17,960,176 28,341,987 43,783,289 540,527 2,500,540 152,392 124,183,089

YTD Actuals Thru December 31, 2011 31,042,116 19,309,038 28,936,418 45,273,811 363,587 2,468,358 143,102 127,536,431

(137,937) (1,348,862) (594,431) (1,490,522) 176,940 32,181 9,290 (3,353,341)

12

‐

5,000,000

10,000,000

15,000,000

20,000,000

25,000,000

30,000,000

35,000,000

40,000,000

45,000,000

50,000,000

StateAppropriations

Ad Valorem Taxes Tuition, Net Fees Other LocalIncome*

Extended Learning Grant Revenue

HOUSTON COMMUNITY COLLEGEExpense Comparison Year to Date Thru December 31, 2012 by Source

2009 Positions

YTD Actuals Thru Faculty‐FT Faculty‐PT

Librarian/

Counselor‐FT

Librarian/

Counselor‐PT Staff‐FT Staff‐PT

Employee

Benefits

Supplies Gen

Exp Travel

Marketing

Costs

Rental &

Leases

Insurance/

Risk Mgmt

Contract

Services Utilities

Other

Departmental

Expenses

Instructional &

Other

Materials

Maintenance &

Repair

Transfers/

Debt Capital Outlay Total Expenses

December 31,

2012 19,563,691 11,214,300 1,704,592 228,290 21,027,901 2,346,551 5,882,836 1,491,289 200,229 449,404 708,926 6,518,408 5,542,718 2,076,261 641,550 1,785,042 129,256 5,437,261 3,534,326 90,482,832

December 31,

2011 19,335,262 11,289,741 2,181,471 181,015 20,490,398 2,454,823 4,681,258 1,294,994 166,819 388,474 2,392,165 6,153,966 3,953,168 1,806,964 505,989 1,995,961 170,641 13,367,068 259,899 93,070,077

228,429 (75,441) (476,878) 47,276 537,502 (108,272) 1,201,577 196,295 33,411 60,929 (1,683,240) 364,442 1,589,550 269,297 135,561 (210,919) (41,385) (7,929,806) 3,274,427 (2,587,246)

13

‐

1,000,000

2,000,000

3,000,000

4,000,000

5,000,000

6,000,000

7,000,000

8,000,000

9,000,000

10,000,000

11,000,000

12,000,000

13,000,000

14,000,000

15,000,000

16,000,000

17,000,000

18,000,000

19,000,000

20,000,000

21,000,000

22,000,000

23,000,000

24,000,000

25,000,000

26,000,000

27,000,000

28,000,000

29,000,000

30,000,000

Unrestricted Auxiliary Restricted Total

Unexpended

Plant Renewal

Retirement of

Debt

Investment in

Plant Total

Consolidation &

Elimination Total All Funds

ASSETSCurrent Assets:

Cash & cash equivalents 66,800,548$ 11,863,867$ ‐$ 78,664,415$ 3,279,636$ 11,937,139 ‐$ 15,216,775$ ‐$ 93,881,190$

Restricted cash & cash equivalents ‐ ‐ 14,415,412 14,415,412 126,846,221 681,322 ‐ 127,527,543 ‐ 141,942,955

Short term Investments ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐

Accounts/Other receivable (net) 29,072,102 1,748,862 1,932,461 32,753,425 70,798 777,990 ‐ 848,788 ‐ 33,602,213

Deferred charges ‐ 669,701 ‐ 669,701 ‐ ‐ ‐ ‐ ‐ 669,701

Prepaids 25,178 76,674 ‐ 101,852 1,762,224 ‐ ‐ 1,762,224 ‐ 1,864,076

Total Current Assets 95,897,828 14,359,104 16,347,873 126,604,805 131,958,879 13,396,451 ‐ 145,355,330 ‐ 271,960,135

Non‐current Assets:

Deferred charges, net ‐ ‐ ‐ ‐ 3,548,100 ‐ 2,601,880 6,149,980 ‐ 6,149,980

Restricted long‐term investments ‐ ‐ ‐ ‐ 2,856,148 2,661,335 ‐ 5,517,483 ‐ 5,517,483

Long‐term investments 11,003,960 ‐ ‐ 11,003,960 ‐ ‐ ‐ ‐ ‐ 11,003,960

Capital Assets, net ‐ ‐ ‐ ‐ 76,107,588 ‐ 656,767,047 732,874,635 ‐ 732,874,635

Total Non‐current Assets 11,003,960 ‐ ‐ 11,003,960 82,511,836 2,661,335 659,368,927 744,542,098 ‐ 755,546,058

Total Assets 106,901,788$ 14,359,104$ 16,347,873$ 137,608,765$ 214,470,715$ 16,057,786$ 659,368,927$ 889,897,428$ ‐$ 1,027,506,193$

LIABILITIESCurrent Liabilities:

Accounts payable 4,951,836 228,352 1,664,475 6,844,663 13,081 ‐ ‐ 13,081 ‐ 6,857,744

Accrued liabilities 396,487 6,503 31,449 434,439 142,635 558,933 ‐ 701,568 ‐ 1,136,007

Compensated absences 2,351,464 ‐ ‐ 2,351,464 ‐ ‐ ‐ ‐ ‐ 2,351,464

Funds held for others 1,200 107,889 524,432 633,521 189,209 ‐ ‐ 189,209 ‐ 822,730

Deferred revenue ‐ 2,304,185 812,399 3,116,584 1,474,662 ‐ (1,600,060) (125,398) ‐ 2,991,186

Notes payable‐current portion ‐ ‐ ‐ ‐ 4,655,000 ‐ 2,595,000 7,250,000 ‐ 7,250,000

Bonds payable‐current portion ‐ ‐ ‐ ‐ ‐ ‐ 14,175,000 14,175,000 ‐ 14,175,000

Capital lease obligations‐current ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐

Total Current Liabilities 7,700,987 2,646,929$ 3,032,755 13,380,671 6,474,587 558,933 15,169,940 22,203,460 ‐ 35,584,131

Non‐current Liabilities:

Deposits ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐

Notes payable ‐ ‐ ‐ ‐ 146,206,719 ‐ 31,405,318 177,612,037 ‐ 177,612,037

Bonds payable ‐ ‐ ‐ ‐ 62,554,009 1,279,420 269,438,431 333,271,860 ‐ 333,271,860

Capital lease obligations ‐ ‐ ‐ ‐ ‐ ‐ 108,309,832 108,309,832 ‐ 108,309,832

Total Non‐current Liabilities ‐ ‐ ‐ ‐ 208,760,728 1,279,420 409,153,581 619,193,729 ‐ 619,193,729

Total Liabilities 7,700,987$ 2,646,929$ 3,032,755$ 13,380,671$ 215,235,315$ 1,838,353$ 424,323,521$ 641,397,189$ ‐$ 654,777,857$

Fund Balance‐

August 31, 2012 Audited 66,664,585 11,747,296 9,080,325 87,492,206 3,738,684 10,061,216 235,429,798 249,229,698 ‐ 336,721,904

Revenues Over Expenditures

Unrestricted 32,536,216 (35,120) 32,501,096 32,501,096

Restricted 4,234,793 4,234,793 4,234,793

Net Investment in Plant (4,503,282) 4,158,217 (384,391) (729,456) (729,456)

Total Fund Balances 99,200,801$ 11,712,176$ 13,315,118$ 124,228,095$ (764,598)$ 14,219,433$ 235,045,407$ 248,500,242$ ‐$ 372,728,337$

Total Liabilities & Fund Balances 106,901,788$ 14,359,105$ 16,347,873$ 137,608,766$ 214,470,715$ 16,057,786$ 659,368,928$ 889,897,431$ ‐$ 1,027,506,193$

14

PLANT & BOND FUNDS

Houston Community CollegeBalance Sheet By Fund

For Month Ended December 31, 2012

CURRENT & LOAN FUNDS

TOTAL

Unexpended Plant Funds

Total Unexpended Plant Fund Balances per Books (815,001)$

Spending/Encumbrances/Reserve for Future Use

‐ Encumbrances/PO Issued General Unexpended FY13 815,001

Total Plant Fund PO 815,001$

Anticipated Unexpended Plant Shortfall ‐$

HOUSTON COMMUNITY COLLEGEUnexpended Plant Fund Excluding 2004 CIP

Cash Position to December 31, 2012

15

Description of Use

Total Budget to

Date

Total

Expenditures

To Date

Encumbrances To

Date Unexpended

DEFERRED MAINTENANCE FY05

System Administration 604,863$ 604,863$ ‐$ ‐$

Subtotal 604,863$ 604,863$ ‐$ ‐$



Northwest College 412,743 412,743 ‐ ‐

Coleman College 190,738 190,736 ‐ ‐

Subtotal 1,253,106$ 1,253,103$ ‐$ ‐$



Central College 373,917 373,917 ‐ ‐

Northwest College 599,383 599,383 ‐ ‐

Northeast College 1,059,733 1,059,733 ‐ ‐

Southwest College 74,607 74,607 ‐ ‐

Southeast College 38,742 38,742 ‐ ‐


Subtotal 2,931,893$ 2,931,892$ ‐$ ‐$



Central College 478,637 478,637 ‐ ‐

Northwest College 1,217,755 1,217,755 ‐ ‐

Northeast College 494,886 494,886 ‐ ‐

Southwest College 42,063 42,063 ‐ ‐


Subtotal 2,317,348$ 2,317,349$ ‐$ ‐$

OTHER GENERAL PROJECTS

Minor Construction 657,807$ 657,807$ ‐$ ‐$

System 11,600,485 11,013,081 587,404 ‐

Central College 3,112,723 2,969,526 143,197 ‐

Northwest College 4,060,039 4,047,984 12,055 ‐

Northeast College 626,331 622,548 3,783 ‐

Southwest College 1,118,747 1,059,209 59,538 ‐

Southeast College 1,995,204 1,989,030 6,174 ‐

Coleman College 1,341,159 1,341,159 ‐

Subtotal 24,512,495$ 23,700,344$ 812,151$ ‐$

SURPLUS PROPERTY

Palmetto Property ‐ Purchase 495,154$ 495,154$ ‐$ ‐$

Dixie Property‐ Refund 20,000 20,000 ‐

288 Property‐ Purchase 1,142,402 1,139,552 2,850 ‐

Warehouse Property 12,966,619 12,966,619 ‐ ‐

Subtotal 14,624,175$ 14,621,325$ 2,850$ ‐$

Total Anticipated Uses 46,243,880$ 45,428,876$ 815,001$ ‐$

UNEXPENDED PLANT FUND PROJECTSas of December 31, 2012

16

HOUSTON COMMUNITY COLLEGE

Total Budget

to Date

Total

Expenditures

To Date

Encumbrances

To Date

% of

Expen‐

ditures Unexpended

% of

Total

BudgetSources:

Central College 2001A Bond 25,318,535$

2003 Limited Tax Bond and Premium 150,748,497

Actural Interest Earned 2003 Limited Tax Bonds 20,868,074

2005 Limited Tax and Building Bond 1,875,000

2003/2005 LTD Bond Issuance Cost (2,068,522)

2006 Jr Lien Bond Std Revenue Bond 30,000,000

Bond Issuance Cost (913,149)

Actual Interest Earned 2006 Jr Lien Bonds 2,608,533

Transferred to Fund 7305/Hayes Road (3,169,049)

2008 Maintenance Tax Notes 56,912,320

2008 MTN Bond Issuance Cost (1,056,912)

Actual Interest Earned 2008 MTN 1,654,029

2008 Sr. Lien Bond 1,714,953

Transferred to Residual CIP Funds (20,712,314)

Total Available with Reclassification 263,779,995$

Uses:

Construction 119,626,029$ 119,499,752$ 126,277$ 100% ‐$ 0%

CPMS PGAL 11,121,809 11,121,809 ‐ 100% ‐ 0%

Facility Planning 1,677,989 1,677,989 ‐ 100% ‐ 0%

Architect Fees and Engineering 7,604,912 7,505,762 99,149 100% ‐ 0%

Other Costs including Bldg/Land Purchase 2,273,077 2,258,218 14,859 100% ‐ 0%

Inspectors 890,000 890,000 ‐ 100% ‐ 0%

Design Standard 103,370 103,370 ‐ 100% ‐ 0%

Site Improvement and Infrastructure Development 52,572,901 51,645,550 927,351 100% ‐ 0%

IT Infrastructure Master Plan 29,728,464 29,074,477 653,987 100% ‐ 0%

Furniture and Fixtures 14,352,846 13,908,378 443,951 100% 517 0%

Small Business 567,383 567,383 ‐ 100% ‐ 0%

Administrative Services 3,395,088 3,239,693 155,396 100% (0) 0%

Material Testing 574,120 537,606 36,513 100% ‐ 0%

Contingency for Construction 14,392 0% 14,392 100%

Surveying 471,813 460,552 11,260 100% ‐ 0%

Design and Geotech 110,911 110,111 800 100% ‐ 0%

Signage 70,000 70,000 100% ‐ 0%

Blue Light Security 126,000 115,200 10,800 100% ‐ 0%

PGAL Website Development 181,208 181,208 ‐ 100% ‐ 0%

System Architect Furniture Consultant 11,367 11,367 100% ‐ 0%

Northline Demolition‐Pizza Hut 226,246 226,246 100% ‐ 0%

Police Cars 342,223 341,613 610 100% ‐ 0%

Bering St. Property 50,687 50,687 100% ‐ 0%

General Repairs & Maintenance 2,079,239 2,079,239 100% ‐ 0%

Land Purchase 1,919,729 1,919,729 100% ‐ 0%

Amatuer Sports Complex ‐ Willie Gay Hall 2,240,066 2,221,947 18,119 100% ‐ 0%

Total Construction Cost 252,331,872$ 249,817,887$ 2,499,075$ 100% 14,909$ 0%

Note: Expenditures Not In Construction Schedule

Deferred Maintenance 5,000,000$ 5,000,000$ ‐$ 100% ‐$ 0%

IT Development 6,448,123 6,448,122 ‐ 100% ‐ 0%

263,779,995$ 261,266,009$ 2,499,076$ 100% 14,909$ 0%

Anticipated Budget Shortfall/Surplus (0)

*Footnote on next page

HOUSTON COMMUNITY COLLEGE2004 CIP Projects

as of December 31, 2012

17

2003/2005 Limited Tax Bonds 2003 2005 TotalBond counsel fees 150,000 57,000 207,000Underwriters' discount 814,813 57,000 871,813Insurance premium 558,764 558,764Financial advisory fee 205,391 68,081 273,472Rating agencies fees 114,350 16,000 130,350Printing costs 10,386 4,506 14,892CPA consent letter fee 1,500 1,500 3,000Verification fees 3,500 3,500Paying agent fee 300 5,432 5,732

1,855,504 213,018 2,068,522

2006 Jr Lien Revenue BondsBond counsel fees 79,500Underwriters' discount 509,509Insurance premium 117,904Financial advisory fee 137,910Rating agencies fees 54,850Printing costs 3,502CPA consent letter fee 1,500Verification fees 3,500Paying agent fee 4,974

913,149

2008 Maintenance Tax NotesBond counsel fees 63,500Underwriters' discount 342,526Insurance premium 498,600Financial advisory fee 95,105Rating agencies fees 47,100Printing costs 9,617Paying agent fee 463

1,056,912

18

HOUSTON COMMUNITY COLLEGE2004 CIP Projects Footnotes


Total Budget to

Date

Total

Expenditures

To Date

Encumbrances

To Date Unexpended

Central ‐ San Jacinto:*

Construction Cost 1,241,868$ 1,241,868$ ‐$

CPMS PGAL 111,440 111,440 ‐ ‐

Facilities Space Programming 393,715 393,715 ‐ ‐

Material Testing ‐ ‐ ‐ ‐

IT Infrastructure Capital Projects 10,000 5,687 4,314 ‐

Design Standards 3,904 3,904 ‐

Total Central ‐ San Jacinto 1,785,007$ 1,780,694$ 4,314$ ‐$

Central ‐ Learning Hub/Science Bldg:*

Construction Cost 21,484,282$ 21,455,534$ 28,748$ -$ CPMS PGAL 1,967,801 1,967,801 ‐


Architect and Engineering 1,242,506 1,242,506 ‐

Furniture, Fixtures & Equipment 2,049,869 2,019,706 30,163 ‐

Inspectors 187,000 187,000 ‐

Project Software 7,614 7,614 ‐


Site Infrastructure Improvements 5,693,396 5,038,870 654,524 ‐

IT Infrastructure Master Plan 2,751,121 2,726,528 24,593 ‐

Design Geotech 10,150 10,150 ‐

Material Testing 32,994 32,356 638 ‐

Surveying 69,453 64,118 5,335 ‐

Blue Light Security 18,000 16,200 1,800 ‐

Total Central ‐ Learning Hub/Science

Bldg:*

35,677,368$ 34,931,565$ 745,801$ ‐$

NEC ‐ Learning Hub:*

Construction Cost 14,001,119$ 14,001,119$ ‐

CPMS PGAL 1,187,440 1,187,440 ‐

Facilities Space Programming 145,889 145,889 ‐

Architect and Engineering 723,556 723,556 ‐


Other Costs including Bldg/Land Purchase ‐ ‐

Inspectors 205,000 205,000 ‐ ‐

Project Software ‐ ‐


Site Infrastructure Improvements 92,682 92,682 ‐ ‐

IT Infrastructure Master Plan 1,250,254 1,249,836 418 ‐

Design Geotech ‐ ‐

Material Testing 131,870 123,607 8,263 ‐

Surveying 71,081 71,081 ‐

Total NEC ‐ Learning Hub 19,478,588$ 19,461,133$ 17,455$ ‐$



19

*Note 1 Budgets are adjusted as cost estimate changes; otherwise, budget is preliminary from inception.

Total Budget to

Date

Total

Expenditures

To Date

Encumbrances

To Date Unexpended



NEC ‐ Science Engineering & Technology:*

Construction Cost 11,627,061$ 11,626,428$ 633$ ‐$

CPMS PGAL 857,203 857,203 ‐ ‐



Furniture, Fixtures & Equipment 644,019 607,016 37,003 ‐

Other Costs including Bldg/Land Purchase 84,400 73,800 10,600 ‐

Inspectors ‐ ‐






Material Testing 95,465 95,465 ‐ ‐

Surveying 15,960 10,035 5,925 ‐


Total NEC ‐ Science Eng & Technology 30,662,863$ 30,528,183$ 134,680$ ‐$

NEC ‐ Pinemont:

CPMS PGAL 6,269$ 6,269$ ‐$ ‐$


Other Costs including Bldg/Land Purchase

102,156 102,156

‐ ‐

Surveying 22,483 22,483 ‐ ‐

Total NEC ‐ Pinemont 202,200$ 202,200$ ‐$ ‐$

SEC - Felix Fraga (Drennan):*Construction Cost 12,419,860$ 12,333,251$ 86,609$ ‐$

CPMS PGAL 1,216,969 1,216,969 ‐


Architect and Engineering 850,383 835,511 14,872 ‐

Furniture, Fixtures & Equipment 1,007,615 977,469 30,146 ‐

Other Costs including Bldg/Land Purchase 62,466 62,466 ‐

Inspectors - ‐

Project Software - ‐




Design Geotech 19,000 18,200 800 ‐


Surveying 27,674 27,674 ‐

HUB/Small Business Program ‐ ‐ ‐ ‐

HUB/Small Business Program ‐ ‐

Bering St Property 50,687 50,687 ‐

Signage ‐ ‐

Blue Light Security 18,000 16,200 1,800 ‐ Total SEC - Felix Fraga (Drennan):* 23,329,019$ 23,137,915$ 191,104$ ‐$

20


Total Budget to

Date

Total

Expenditures

To Date

Encumbrances

To Date Unexpended



SEC ‐ Felix Morales:*


CPMS PGAL 667,905 667,905 ‐



Furniture, Fixtures & Equipment 929,072 898,276 30,796 ‐

Inspectors ‐ ‐ ‐ ‐

Project Software ‐ ‐ ‐ ‐

Design Standards 3,117 3,117 ‐ ‐

Site Infrastructure Improvements 98,015 96,070 1,945 ‐


Design Geotech ‐ ‐ ‐ ‐


Surveying 1,225 1,225 ‐ ‐

Total SEC ‐ Felix Morales 6,958,033$ 6,748,200$ 209,832$ ‐$

SEC ‐ Learning Hub:*

Construction Cost 16,555,351$ 16,550,039$ 5,312$ ‐$

CPMS PGAL 1,744,048 1,744,048 ‐




Other Costs including Bldg/Land Purchase 32,480 28,221 4,259 ‐

Inspectors 258,000 258,000 ‐ ‐





Administrative Services ‐ ‐

Design Geotech 9,525 9,525 ‐ ‐


Surveying 144,094 144,094 ‐

Blue Light Security 18,000 18,000 - ‐

Total SEC ‐ Learning Hub 36,213,762$ 35,885,901$ 327,863$ ‐$

21


Total Budget to

Date

Total

Expenditures

To Date

Encumbrances

To Date Unexpended



SW ‐ Missouri City:*


CPMS PGAL 601,635 601,635 ‐ ‐




Library & Bookstore 1,991,575 1,991,575 ‐

Inspectors ‐ ‐



Site Infrastructure Improvements 5,061,234 5,061,234 ‐ ‐

IT Infrastructure Capital Projects 2,259,481 2,246,083 13,398 ‐

Design Geotech ‐ ‐

Material Testing ‐ ‐

Surveying 48,311 48,311 ‐


Total SW ‐ Missouri City 21,113,430$ 21,025,828$ 87,602$ ‐$

SW ‐ West Loop Phase I:*


CPMS PGAL 1,033,865 1,033,865 ‐







Material Testing 21,141 21,140 1 ‐

Surveying 14,995 14,995 ‐ ‐

Exterior Signage 70,000 70,000 ‐ ‐


Total SW ‐ West Loop Phase I 16,077,212$ 16,031,765$ 45,447$ ‐$

22


Total Budget to

Date

Total

Expenditures

To Date

Encumbrances

To Date Unexpended



SW ‐ Learning Hub ‐ Stafford:*


CPMS PGAL 1,727,234 1,727,234 ‐


Architect and Engineering 1,193,942 1,155,688 38,254 ‐

Furniture, Fixtures & Equipment 2,835,121 2,750,339 84,265 517

Inspectors 240,000 240,000 ‐






Material Testing ‐ ‐

Surveying 56,536 56,536 ‐


Total SW ‐ Learning Hub ‐ Stafford 37,695,119$ 37,442,524$ 252,078$ 517$

System ‐ Network:

IT Infrastructure Capital Projects 12,162,330$ 11,853,556$ 308,774$ ‐

Administrative Services 3,395,089 3,239,693 155,396 ‐

PGAL Website Development 181,209 181,208 1 ‐

HUB/Small Business Program 567,383 567,383 ‐ ‐

System Architect Furniture Consultant

11,367 11,367

‐

Ft. Bend Library Inflation Cost Increase

‐

‐

Northline Demolition‐Pizza Hut 226,246 226,246 ‐

Police Cars 342,223 341,613 610 ‐

General Repairs & Maintenance 2,079,239 2,079,239 ‐

Land Purchase 1,919,729 1,919,729 ‐

Amatuer Sports Complex ‐ Willie Gay Hall 2,240,066 2,221,947 18,119 ‐

Total ‐ System ‐ Network 23,124,881$ 22,641,981$ 482,898$ ‐$

Construction Contingency 14,392$ ‐$ ‐$ 14,392

Subtotal Above 252,331,874$ 249,817,888$ 2,499,074$ 14,908$

100.00% 99.00% 0.99% 0.01%

EXPENDITURES NOT IN CONSTRUCTION SCHEDULE

Deferred Maintenance 5,000,000$ 5,000,000$ ‐$ ‐$

IT Development 6,448,123 6,448,122 ‐ ‐

GRAND TOTAL 263,779,997$ 261,266,010$ 2,499,074$ 14,908$

100.00% 99.05% 0.95% 0.01%

23


Total Budget to

Date

Total

Expenditures to

Date Encumbrances Unexpended

Sources:Transferred CIP Funds 20,712,314

Uses:

Central Learning Hub/Science Bldg:

Site Infrastructure Improvements 6,599,554$ 134,503$ 106,632$ 6,358,420$

NEC ‐ Science Engineering & Technology:


SEC ‐ Learning Hub:

Site Infrastructure Improvements 1,998,804 325,349 1,673,455 ‐

Material Testing 23,368 ‐ 23,368 ‐

System ‐ Network:

IT Infrastructure Capital Projects 7,569,405 6,784,558 749,371 35,476


Construction Contingency 942,305 ‐ 942,305

Contingency 3,190,069 ‐ 3,190,069

Total Construction Cost 20,712,314$ 7,294,863$ 2,891,181$ 10,526,270$

Anticipated Budget Shortfall/Surplus ‐

24

HOUSTON COMMUNITY COLLEGE SYSTEMResidual CIP Funds

as of 12/31/12

Total Budget

to Date

Total

Revenues /

Expenditures

To Date

Encumbrances To

Date Unexpended

Sources of funds:

Proceeds from

2006 Tax Maintenance Notes 12,000,000$

Discount (88,756)

Bond Issuance Cost (256,244)

Interest Income 835,355

Funds Available 12,490,355$

Uses of funds:

Site Infrastructure 341,092$ 327,728$ 13,364$ ‐$

Project Management 450,479 450,479 ‐ ‐

Construction 8,805,292 8,805,292 ‐ ‐

Design Phase 1,117,820 1,117,820 ‐ ‐

Architecture 17,822 17,822 ‐

Material Testing & Inspection 6,399 6,399 ‐ ‐

Land/Demolition 420,541 420,541 ‐ ‐

Survey 9,473 9,473 ‐ ‐

Construction‐Maintenance 1,259,003 1,247,114 11,889 ‐

Contingency 62,433 46,700 15,733

Grand Total Uses 12,490,355$ 12,449,368$ 25,253$ 15,733$

Net Available 0$

25

HOUSTON COMMUNITY COLLEGEMaintenance Tax Notes 2006 (Central Utility Plant Project)


Note: Budgets are adjusted as contracts are awarded; otherwise, budget is preliminary from inception.

Total Budget to

Date

Total Revenues

/ Expenditures

To Date

Encumbrances To

Date Unexpended

Sources:

2008 Maintenance Tax Notes 39,780,489$

2008 Maintenance Tax Notes‐Phase 1 Infrastructure 15,078,286

Transferred to CIP Residual Fund (7170) (17,522,242)

Interest Earned To date 1,678,423

Funds Available for Projects 39,014,956$

Uses:

Site Infrastructure Improvements 5,679,383$ 4,991,943$ 687,440$ ‐$

Architectural/Engineering Fees 165,537 151,654 13,883 ‐




Construction 5,437,915 5,425,796 12,119 ‐

Construction Management 132,478 132,478 ‐

Campus Security 243,116 242,415 600 101

Truck Driving School 99,200 99,200 ‐

Land 517,306 517,306 ‐

Energy Services 8,860 8,860 ‐

Design GEOTECH 5,189 5,189 ‐ ‐

Surveying 16,310 16,310 ‐ ‐

Contracted Services 2,079,239 2,079,239 ‐

Residual Funds for Completion of CIP Projects 436 436

Total 39,014,956$ 37,507,540$ 1,506,879$ 537$

Bond Issuance Cost:

Bond counsel fees 63,500$

Underwriters' discount 342,526

Insurance premium 498,600

Financial advisory fee 95,105

Rating agencies fees 47,100

Printing costs 9,617

CPA consent letter fee 463

Total 1,056,912$

HOUSTON COMMUNITY COLLEGE SYSTEM 2008 Maintenance Tax Notes & Senior Lien Bonds


Fund 7203

Fund 7203 ‐ Maintenance Tax Notes

26

Total Budget to

Date

Total Revenues

/ Expenditures

To Date

Encumbrances To

Date Unexpended

Source:

2008 Senior Lien Bonds:

Southeast Workforce Project 14,300,000$

Emergency Preparedness 1,000,000

Interest Earned To date 470,093

Funds Available for Projects 15,770,093$

Uses:

Operation and Maintenance 77,034 77,034 ‐

Major Repairs and Renovation 821,560 820,726 834 ‐

South East Work Force Project 3,712,405 3,444,075 268,330 ‐

Land Purchase (Rosalie Property) 2,314,967 2,314,967 ‐

Material Engineering and Testing 8,380 3962 4,418 ‐

Construction of Workforce Building 7,262,398 7,000,777 261,621 ‐

Residual Funds for All Projects 1,573,349 1,573,349

15,770,093$ 13,661,541$ 535,203$ 1,573,349$

Bond Issuance Cost:

Bond counsel fees 123,267$

Underwriters' discount 336,128

Insurance premium 620,827

Financial advisory fee 100,981

Rating agencies fees 51,750

Printing costs 5,880

Paying agent fee 460

Verification fee 5,000

Escrow agent fee 4,600

1,248,893$

27

Fund 7308 ‐ Senior Lien Bonds

HOUSTON COMMUNITY COLLEGE SYSTEM 2008 Maintenance Tax Notes & Senior Lien Bonds

Fund 7308as of December 31, 2012

Total Budget to

Date

Total Revenues

/ Expenditures

To Date

Encumbrances To

Date Unexpended

Central

San Jacinto Memorial 21,391,231$ 8,218,810 4,758,452 8,413,970$

J.B. Whitely Bldg. 4,540,000 926,079 957,229 2,656,692

Theater One 1,699,500 197,271 19,457 1,482,772

Staff Instructional Services 1,005,286 185,224 8,406 811,656

Curriculum Innovation Center 190,000 ‐ 43,214 146,786

Fine Arts Parking Structure 190,000 171,082 5,100 13,818

Crawford Annex 68,200 18,138 ‐ 50,062

Learning Hub/Science Bldg. 122,214 15,953 106,261 ‐

Planned Parenthood Renovation 1,608,769 1,605,024 3,746 ‐

Total Central 30,815,200$ 11,337,580$ 5,901,864$ 13,575,756$

Northeast

Automotive Tech. Training Ctr. 4,000,000$ 630,213$ 65,599$ 3,304,188$

Pinemont 66,558 39,237 ‐ 27,321

Codwell Hall 438,000 204,117 227,057 6,826

Codwell Hall Shower (Temp) 150,000 ‐ 150,000

Roland Smith Truck Driving Ctr. 140,000 54,406 ‐ 85,594

Northline 120,000 11,636 2,789 105,575

Public Safety Institute 115,000 11,668 66,192 37,140

NE Science and Tech. Bldg 49,500 ‐ 49,500

NE Learning Hub 47,500 6,309 ‐ 41,191

Total Northeast 5,126,558$ 957,585$ 361,637$ 3,807,335$

Southeast

Angela Morales 599,000$ 413,199$ 138,132$ 47,669$

Office City 38,500 ‐ ‐ 38,500

Total Southeast 637,500$ 413,199$ 138,132$ 86,169$

Southwest

Stafford Campus (7 Bldgs) 4,245,006$ 3,995,911$ 249,095$ ‐$

Scarcella Center 924,756 347,710 91,289 485,757

Alief 138,680 132,664 ‐ 6,016

Academic Ctr Sienna Plantation 93,500 85,660 7,736 104

Stafford Learning Hub 54,000 ‐ 54,000

Applied Technology Center 50,000 1,715 ‐ 48,285

Greenbriar Annex 30,000 22,033 414 7,553

Total Southwest 5,535,942$ 4,585,693$ 348,534$ 601,715$

System

System Building 2,368,630$ 1,784,588$ 584,041$ ‐$

Teaching Enhancement Renovations 2,737,135 1,074,963 186,325 1,475,847

Surface Parking & Civil Infrastructure 2,400,000 1,585,705 31,308 782,987

Parking Structure 2,394,235 2,286,034 108,201$ ‐

Total System 9,900,000$ 6,731,289$ 909,875$ 2,258,834$

Grand Total 52,015,200$ 24,025,346$ 7,660,043$ 20,329,809$

HOUSTON COMMUNITY COLLEGE SYSTEM2010 Maintenance Tax Notes


28

Description Date Issued

Original Bond

Amount

Principal

Payments

Principal

Balance

Principal &

Interest FY12

Final Due

Date Call Dates

Foot‐

note

2005 Senior Lien Revenue/Refunding Bonds 04/15/05 51,285,000 (13,540,000) 37,745,000 6,676,363 04/15/20 04/15/15 (A)

2006 Junior Lien Revenue/Refunding Bonds 11/01/06 72,815,000 (15,360,000) 57,455,000 6,274,230 04/15/30 04/15/16 (A) (B)

2008 Senior Lien Revenue Bonds 05/14/08 54,540,000 (6,115,000) 48,425,000 4,075,100 04/15/30 04/15/18 (A)

2010 Senior Lien Revenue Bonds 07/29/10 27,250,000 (875,000) 26,375,000 2,124,275 04/15/31 04/15/20 (A)

2011 Junior Lien Revenue Refunding Bonds 03/10/11 33,940,000 (2,350,000) 31,590,000 4,150,431 04/15/25 04/15/21 (A)

2011T Senior Lien Revenue Bond 11/15/11 16,000,000 16,000,000 388,800 04/15/21 11/15/13 (A)

2003 Limited Tax Bonds 12/01/03 144,155,000 (142,960,000) 1,195,000 782,175 02/15/14 (C)

2011 Limited Tax Refunding Bonds 10/20/11 109,490,000 109,490,000 5,308,300 02/15/28 02/15/21 (C)

2006 Maintenance Tax Notes 02/01/06 12,000,000 (2,660,000) 9,340,000 890,550 02/15/26 02/15/16 (C)

2008 Maintenance Tax Notes 03/01/08 54,975,000 (7,735,000) 47,240,000 4,171,426 02/15/28 02/15/18 (C)




2011A Maintenance Tax Notes 10/12/11 19,590,000 19,590,000 1,583,875 02/15/31 02/15/21 (C)

PFC Series 2005A Lease Revenue Bonds 06/01/05 11,605,000 (2,485,000) 9,120,000 837,663 04/15/28 04/15/15 (A)

PFC Series 2005C Lease Revenue Bonds 12/01/05 19,155,000 (3,155,000) 16,000,000 1,313,456 04/15/30 04/15/15 (A)

PFC Series 2006 Lease Revenue Bonds 10/01/06 36,950,000 (5,135,000) 31,815,000 2,484,773 04/15/31 04/15/16 (A) (D)

PFC Series 2007 Lease Revenue Bonds 02/01/07 58,885,000 (6,285,000) 52,600,000 4,321,500 04/15/31 04/15/17 (A) 825,670,000 (213,235,000) 612,435,000 53,917,660

Note: This schedule represents all bonds and maintenance tax notes with outstanding principal balances as of 12/31/12;

previously retired debt issues are not shown (i.e. 1997, 1998, 1999, 2001, 2001A, 2003 LTD, 2005 LTD)

Footnotes:

(A) Funded from current operations, Fund 1110

(B) Approximately $3.4 MM annually through 8/31/17 to be funded from student technology fees, Fund 8110; remainder from

current operations

(C) Funded from real estate taxes, Fund 8300

(D) $1,329,772 of interest expense to be funded from real estate taxes

Schedule of Bonds and Maintenance Tax Notes

For the Month Ended December 31, 2012

Houston Community College

29

3101‐3100 Main

Leasing

3102‐Conference

Training Center 3103‐HCC‐TV

Auxiliary

3105‐HCCS ‐ PFC

Leasing 3110‐Auxiliary

3111‐ Auxiliary

Student Services

3201‐Cafe Club

NEO 3100 Main

3202‐Fitness

Center‐Central

3204‐Heinen

Theater

3207‐

International

Initiatives

3208‐Saudi

Consulting

Services 3209‐Qatar Subtotal

Fund Balance 8/31/12 16,575,935$ (744,125)$ 36,165$ 898,968$ (6,225,160)$ (724,173)$ (1,362,924)$ (76,298)$ 33,917 (82,495) 203,712 807,349 9,340,870

FY2013 Revenue 1,791,273 62,885 ‐ 9,212 1,014,936 161 151,072 5,510 6,255 23,333 ‐ 2,480,398 5,545,035

Salaries 89,180 52 158,179 62,998 85,981 597 480 4,000 1,969,706 2,371,172

Benefits 24,045 4 39,991 12,493 19,823 3 313,765 410,123

Supplies Gen Exp 11,403 3,816 465,159 3,682 2,506 492 4,339 2,753 494,151

Travel 22,302 3,084 10,393 35,779

Marketing Costs ‐

Rental & Leases 1,337 15,890 640 17,867

Contract Services 360,784 372,861 1,805 83,910 819,360

Utilities 91,337 91,337

Departmental Expenses 750 1,872,704 270 ‐ 1,873,724

Instructional & Other Materials 600 4,033 2,454 1,291 2,817 11,196

Maintenance & Repair 55 62,192 660 62,907

Indirect Cost Expenditures ‐

Exemptions and Waivers 150 150

Capital Outlay 305,985 305,985

Transfer ‐ ‐

Net Income /(Loss) FY13 907,189 57,675 ‐ 9,212 (1,936,237) (75,329) (23,700) 2,404 1,257 8,942 ‐ 99,871 (948,715)

17,483,125 (686,450) 36,165 908,180 (8,161,397) (799,503) (1,386,624) (73,894) 35,174 (73,553) 203,712 907,220 8,392,155

*Discretionary Funds

30

HOUSTON COMMUNITY COLLEGE SYSTEMAuxiliary Budget By Fund


Auxiliary Funds*

Net Fund Balance

HOUSTON COMMUNITY COLLEGE SYSTEMAuxiliary Budget By Fund


3110‐ Student

Vending

Commission

3111‐Auxiliary

Student

Activities

3112‐Auxiliary

Student Athletic

Fee Subtotal Grand Total

Fund Balance 8/31/12 227,335 594,123 1,584,968 2,406,426 11,747,296

FY2013 Revenue 30,095 767,062 562,157 1,359,313 6,904,348

Salaries 700 73,311 74,011 74,011

Benefits 13,283 13,283 13,283

Supplies Gen Exp 8,033 148,246 110,720 266,998 266,998

Travel 483 1,843 22,441 24,767 24,767

Marketing Costs ‐ ‐

Rental & Leases ‐ ‐

Contract Services 5,687 35,164 40,851 40,851

Utilities ‐ ‐

Departmental

Expenses

2,750 1,500 8,480 12,730 12,730

Instructional &

Other Materials

‐ ‐

Maintenance &

Repair

‐ ‐

Indirect Cost

Expenditures

‐ ‐

Exemptions and

Waivers

7,827 5,250 13,077 13,077

Capital Outlay ‐ ‐

Transfer ‐ ‐

Net Income /(Loss) FY13 10,302 604,536 298,757 913,595 (35,120)

237,637 1,198,660 1,883,725 3,320,021 11,712,177

*Funds can only be used for services related to students

31

Net Fund Balance

Student Auxiliary Funds ‐ Restricted*

Federal Grantor Perform‐ Federal

Pass‐through Grantor ance CFDA Total Budget Total AwardProgram Title Period Number Expenditures Amount Amount** Ends Starts

U. S. Department of Education

Direct Programs:

Higher Education ‐ Institutional Aid 5 yrs. 84.031A 35,459 450,183 1,542,133 9/30/2014 10/1/2009

TRIO ‐ Student Support Services 5 yrs. 84.042 113,799 436,682 2,078,155 8/31/2015 9/1/2010

TRIO ‐ Upward Bound ‐ Southeast 4 yrs. 84.047 1,399 16,669 1,172,562 ^ 8/31/2012 9/1/2007

TRIO ‐ Upward Bound ‐ Southeast 5 yrs. 84.047 87,863 291,335 1,465,615 8/31/2017 9/1/2012

TRIO ‐ Upward Bound ‐ Central 5 yrs. 84.047A 130,580 410,055 2,845,845 5/31/2017 6/1/2012

Astra Stem Grant 3 yrs. 84.120A 41,781 293,375 881,873 9/30/2014 10/1/2011

Vast Academy TPSID 5 yrs. 84.407A 143,206 862,617 2,498,250 9/30/2015 10/1/2010

Pass‐Through From:

Texas Educational Agency

Adult Education ‐ State Grant Program 1 yr. 84.002 1,792,142 5,084,289 5,542,104 6/30/2013 7/1/2012

Adult Education ‐ State Grant Program 1 yr. 84.002 26,482 96,974 102,000 6/30/2013 7/1/2012

University of St. Thomas

Higher Education ‐ Institutional Aid 5 yrs. 84.031C 161,432 870,174 3,243,025 9/30/2016 10/1/2011

Texas Higher Education Coordinating Board

Vocational Education ‐ Basic Grants to States 1 yr. 84.048 116,039 1,171,019 1,051,987 8/31/2013 9/1/2012

College Access Challenge Grant Program 1 yr. 4 mos. 84.378A 15,000 26,707 208,548 8/13/2012 4/6/2011

College Access Challenge Grant Program 1 yr. 84.378A 42,756 169,803 171,798 8/13/2013 8/14/2012

Total Department of Education 2,707,938$ 10,179,883$ 22,803,895$

U.S. Department of Agriculture

Direct Programs:

Hispanic Serving Institutions Education Grants 2 yrs. 10.223 4,298 36,414 298,538 ^ 8/31/2013 8/1/2009



Hispanic Serving Institutions Education Grants 2 yrs. 10.223 33,467 202,726 245,000 8/31/2013 9/1/2011


Texas A & M University‐Corpus Christi 2 yrs 10.223 6,993 30,435 48,700 ^ 8/31/2013 9/1/2010

Total Department of Agriculture 81,903$ 431,613$ 1,281,238$

* Scholarship grants are not included in this schedule.

** Award amount for the total grant period. For example, if grant is for three years, the award amount will cover the three years.

^ No Cost Extension

32



Date Grant

Schedule of Federal Awards *

FY12 ‐ 13


Pass‐through Grantor ance CFDA Total Budget Total Award

Program Title Period Number Expenditures Amount Amount** Ends Starts

U.S. Department of Housing and Urban Development

Direct Programs:


Child Care Council of Greater Hous. Inc

Community Development Block Grant‐Entitlement Grant 1 yr 14.218 10,787 17,309 32,000 ^12/31/12 8/1/2011

Total Department of Housing And Urban Development 10,787$ 17,309$ 32,000$

Department of Labor

DOL‐Logistics Technician Training 3yrs. 48,914$ 159,097 327,404 6/30/2013 7/1/2010


Texas Workforce Commission

Recovery ‐ WIA Dislocated Worker Formula Grant 1 yr. 17 10,841 61,804 243,163 9/30/2012 7/1/2011

Total Department of Labor 59,756$ 220,901$ 570,567$

Department of State


Northern Virginia Community College 1 yr 19 29,525 73,538 109,830 5/31/2013 3/8/2012

Total Department of State 29,525$ 73,538$ 109,830$

National Science Foundation

Direct Programs:

Education and Human Resources 4 yrs. 47.076 10,623 64,204 423,300 1/31/2013 2/15/2009


University of Houston System

Education and Human Resources 5 yrs. 47.076 6,000 47,212 190,000 8/31/2013 9/1/2011

Total National Science Foundation 16,623$ 111,415$ 613,300$



Date Grant

FY12 ‐ 13

33





Pass‐through Grantor ance CFDA Total Budget Total Award

Program Title Period Number Expenditures Amount Amount** Ends Starts

U. S. Department of Energy

Energy Sector Grant (SECO) 8 mos 81.041 37,180 63,836 460,480 ^ 9/30/2012 5/10/2010

Solar Energy Technical Program 13 mos 81.087 74,370 591,069 750,000 12/30/14 11/1/2012

Total U. S. Department of Energy 111,550$ 654,905$ 1,210,480$

U. S. Department of Health and Human Services

Direct Programs:

Head Start 5 yrs. 93.600 15,402 34,617 936,660 9/29/2013 9/30/2008

Head Start 5 yrs. 93.600 36,234 187,332 936,660 9/29/2013 9/30/2008


Texas Education Agency

Temporary Assistance for Needy Families 1 yr. 93.558 10,178 10,200 208,614 8/31/2012 9/1/2011

Temporary Assistance for Needy Families 1 yr. 93.558 53,958 244,749 244,749 8/31/2013 9/1/2012

YMCA of Greater Houston

Refugee and Entrant Assistance ‐ Targeted Assistance Grants 1 yr. 93.584 19,869 82,578 374,938 9/30/2012 10/1/2011

Refugee and Entrant Assistance ‐ Targeted Assistance Grants 1 yr. 93.584 63,471 85,527 374,938 9/30/2013 10/1/2012

Pitt Community College

Health Information Tech Professionals 2 yrs. 93.721 137,864 461,664 1,287,568 4/1/2013 4/2/2010

University of Texas at Austin

Block Grants for Prevention and Treatment of Substance Abus 1 yr. 93.959 ‐ 9,015 22,000 9/29/2012 9/30/2011

Total Department of Health and Human Services 336,977$ 1,115,681$ 4,386,127$

U. S. Department of Homeland Security

Direct Programs:

Homeland Security 2 yrs. 97.062 9,906 58,856 250,000 ^12/31/12 9/1/2010

Total Department of Homeland Security 9,906$ 58,856$ 250,000$

Total Federal Financial Assistance 3,364,964$ 12,864,101$ 31,257,437$


**Award amount for the total grant period. For example, if grant is for three years, the award amount will cover the three years.

^ No Cost Extension




FY12 ‐ 13

34

Date Grant

Perform‐

ance Total Budget Total Award

Program Title ‐ State Grantor Period Expenditures Amount Amount** Ends Starts

Texas Education Agency

Adult Education 1 yr. 24,642$ 24,615$ 1,165,635$ 8/31/2012 9/1/2011

Adult Education 1 yr. 434,400 1,165,635 1,165,635 8/31/2013 9/1/2012

Drop‐Out Recovery Program 18mos 960 43,998 194,000 2/28/2013 8/1/2011

Drop‐Out Recovery Performance Pay 1 yr. 18,674 181,750 181,750 until expended 6/1/2011

Temporary Assistance for Needy Families 1 yr. 16,311 16,869 111,445 8/31/2012 9/1/2011

Temporary Assistance for Needy Families 1 yr. 33,276 131,283 131,283 8/31/2013 9/1/2012

Total Texas Education Agency 528,264$ 1,564,151$ 2,949,748$

Texas Higher Education Coordinating Board

Adult Basic Education Innovation Grant 1 yr. 77,447$ 158,314 500,000 8/31/2013 9/1/2012

Collegiate G‐Force Mentorship 1 yr. ‐ 27,148 50,000 8/31/2013 9/1/2009

First Year Experience 13 mos. 5,577 8,709 50,000 until expended 7/18/2011

Nursing Shortage Reduction Program 4 yrs. ‐ 112,280 157,314 8/31/2014 9/1/2010

Nursing Shortage Under 70 Program 1 yr. 4,674 383,891 383,891 8/31/2013 9/1/2012

Rider 58 ATCP School Grant 8 1/2 mos. ‐ 13,960 46,360 until expended 12/18/2009


University of Tex Health Science Center

Navigator Grant 1 yr. 28,522 51,452 129,195 ^11/30/2012 6/1/2011

Total Texas Higher Education Coordinating Board 116,220$ 755,754$ 1,316,760$

Texas Workforce Commission

Skills Development ‐ Skills for Small Business Initiatives 1 yr. 410 18,791 20,000 5/31/2013 6/1/2012

The Methodist 14 mos. 91,538 902,965 902,965 10/31/2013 8/20/2012


Total Texas Workforce Commission 91,948$ 921,756$ 922,965$

Total State Financial Assistance 736,432$ 3,241,660$ 5,189,473$

* Scholarship grants are not included in this schedule.**Award amount for the total grant period. For example, if grant is for three years, the award amount will cover the three years.

Date Grant


Schedule of State Awards *

FY12 ‐ 13

35


Program Title ‐ Private Grantor Period Expenditures Budget Award Amount** Ends Starts

Achieving the Dream ‐ Intiative 1 yr.‐cont. ‐ 9,433 20,000 until expended 12/1/2009

Achieving the Dream ‐ Gates Foundation 3 yrs. 68,223 262,135 743,000 ^12/31/2012 7/1/2009

Adult Education/We Can Work 1 yr. ‐ ‐ 11,500 until expended 1/1/2010

American Chemical Society 8 mos 138 248 500 until expended 9/1/2011

AT&T High School Success Grant 1 yr. 7 mos. ‐ 25,216 35,000 until expended 1/31/2010

Bank of America 2 yrs. ‐ 316 50,000 until expended 5/1/2008

Baylor Summer Interns 1 yr. ‐ 1,638 60,000 until expended 5/1/2010

Brown Foundation 1 yr.‐cont. ‐ ‐ 100,000 until expended 2/1/2008

Bulletproof Vest Partnership Program 1 yr.‐cont. ‐ ‐ 5,345 until expended 9/1/2004

Capital Idea project 1 yr. 22,866 73,794 341,000 until expended 8/1/2010

Carnegie FDTN 1 yr 11,563 30,901 67,500 12/31/2012 1/1/2012

Citibank ‐ College Connection Program 1 yr. ‐ 20,475 41,718 until expended 8/15/2007

Civic Ventures 1 yr. 1 mo. 1,233 1,246 25,000 until expended 7/1/2010

Dow Male Minority Initiative Summer Prog. 1 yr. ‐ 12,588 23,986 1/2/2013 1/2/2012

Early College High School (Southeast) ‐ Gates/Dell 5 yrs. ‐ 6,779 400,000 until expended 6/10/2005

Financial Empowerment Strat. Student Success 2 yrs. 1,181 60,808 63,050 12/31/2013 1/1/2012

Goldman Sachs Grant ‐ Phase I 5 yrs. 440,879 765,458 1,786,121 5/31/2016 1/3/2011

Gulf Coast Pass 3 yrs. 30,817 227,625 318,750 12/31/2014 1/1/2012

Hammill FDTN ‐ Veterans Grants 2 yrs. ‐ 11 18,191 until expended 9/1/2010

Houston Endowment Grant 3 yrs. ‐ 814 267,000 until expended 11/16/2005

Houston Pathways Initiative 2 yrs. 25,439 345,471 1,580,000 8/31/2013 3/26/2009

Interlocal Metro (PSI) 10 yrs. ‐ 45,000 200,000 8/23/2017 8/23/2008

Interlocal Stafford ‐ City of Stafford 1 yr. 12,800 161,986 161,986 until expended 10/1/2010

KBR Veterans Orientation 1 yr.‐cont. ‐ 5,540 19,685 until expended 9/1/2008

Kresge Fdtn‐Coordinator/Evaluation 1 yr. 20,179 17,221 82,450 until expended 9/1/2011

Kresge Fdtn‐Parent Academy 1 yr. 15,285 40,254 89,320 until expended 9/1/2011

Kresge Fdtn‐Veterans Grant 1 yr. 34,177 187,996 187,996 until expended 9/1/2011

MDRC ‐ Learning Community Demonstration Grant ‐ Northeast 4 yrs. ‐ 26,495 60,233 until expended 11/1/2007

MDRC ‐ Learning Community Demonstration Grant ‐ Southeast 4 yrs. ‐ 738 75,000 until expended 11/1/2007

MDRC ‐ Learning Community Demonstration Grant ‐ Central 4 yrs. ‐ 385 33,000 until expended 11/1/2007

Metlife Caregiving for Older Americans 1 yr.‐cont. ‐ 18,012 23,855 until expended 7/1/2007

Microsoft Elevate America 1 yr. 2,394 31,985 34,969 3/20/2013 3/20/2012



FY12 ‐ 13

36


Schedule of Local Government and Private Awards *


Program Title ‐ Private Grantor Period Expenditures Budget Award Amount** Ends Starts

Mobile Go Center ‐ Valero 1 yr.‐cont. ‐ 494 7,293 until expended 9/1/2007

National Articulation & Transfer Network Council(NATN) 1 yr.‐cont. ‐ 29,273 29,273 until expended 4/1/2005

North Forest GED Preparation 3 mos 244 6,799 25,000 until expended 10/1/2011

St. Luke's Episcopal Health Charities Immunization Fellowship 2 yrs. ‐ 4,178 142,650 until expended 9/10/2008

Susan B Komen Breast Cancer Initiative 1 yr. ‐ 6,610 123,230 until expended 4/1/2010

Texas Pioneer Foundation Grant 1 yr. 314 2,851 23,117 12/31/2012 1/26/2012

Vast Job Developer 1 yr. 2,484 20,299 94,898 until expended 11/1/2009

Verizon Foundation Grant 1 yr. ‐ 510 12,510 until expended 1/1/2010

Walmart ‐ Minority Male Initiative 1 yr. ‐ 25,215 40,000 until expended 9/1/2009

Washington Mutual 1 yr.‐cont. ‐ 16,717 31,700 until expended 9/1/2006Total Private Financial Assistance 690,216$ 2,493,514$ 7,455,826$



37

HOUSTON COMMUNITY COLLEGE ‐ Schedule of Local Government and Private Awards *

Schedule of Local Government and Private Awards * continued


FY12 ‐ 13

CHANCELLOR

8

DEPUTY CHANCELLOR

15

VICE CHANCELLOR INSTRUCTION

6

New Postions

Police Department

Security OfficerKatherine McCabe

Repl Norma Jackson‐Hired Internal

Oct

Tobin Anderson

Navidad Martinez

Sep

Corporal

Oct

Corporal New Position‐Budger 11‐12‐Hired Internal

Security Officer Repl Grayland Jones‐Hired External

Repl Majid Iqbal‐Hired ExternalPolice Department Security Officer

New Position‐Budger 12‐13‐Hired External

Accounts Payable Accounting Specialist

Nov

Business Affairs

New Position‐Budger 12‐13‐Hired External

Sep

Police Department Corporal Repl Timothy Ramirez‐Hired Internal

Repl Willie Rostan‐Hired External Oct

Repl Anthony Maxie‐Hired Internal

Repl Alice Binkley‐Hired Internal

Security Officer

Maria Alarcon

Sep

Police Department Corporal New Position‐Budger 11‐12‐Hired Internal Sep

Police Department

Shirley Voisin

Repl Victor Fisher‐Hired External

Police Department

Police Department

Police Department

Edwin Johnson Police Department

My'Keshia Robinson

Ules Harris

Bapakaye Tamuno

Executive Secretary

Police Department

Oct

Jeremy Hardeway

Security Officer Repl Kenneth Bridges‐Hired External

Oct

Police Trianee

NewPosition‐Internal 5 Replacement‐InternalChancellor Replacement‐External

Patricia Thompson

Freddy Conde

Mimi Lemmons Procurement Sr. Buyer

Procurement

Nov

Procurement

Sr. Buyer

Buyer New Position‐Budget 12‐13‐Hired External

Thomas Richardson

Kerry Doucette

Reginald Harmon

Alfred Kessellie, II

NovNew Position‐Budget 12‐13‐Hired External

Sr. Buyer Repl Shiela Perla‐Hired External

Nov

Nov

Buyer

Procurement

Interim 1 1 NewPosition‐External‐ 1

James Lindsey

Oct

Houston College Community

2012‐2013 Positions

Employee Name Department Month

SepBarlett Sheinberg Resource & Economic Dev

Procurement

CommentsJob Title

Nov

Nov

Wanda Pleasant New Position‐Budget 12‐13‐Hired External

Supvervisor

Procurement

New Position‐Budget 12‐13‐Hired External

Procurement


Supvervisor New Position‐Budget 12‐13‐Hired External

Interim Dir., Resource & Economic Dev New Position‐Budget 12‐13‐Hired Internal

Nov

OctPolice Department

Repl John Chen‐Hired External‐TempManager

New Position‐Budger 12‐13‐Hired External Nov

Nov

HR‐Compensation

Police Trianee

Antonio Hill

Oct

Nov

Distance Education Advisor New Position‐Budget 12‐13‐Hired External

DOEL English Language Skills Instructor

Repl Deshaunta Stewart‐Hired Internal

Aracelia Saucedo

VC Instr

Interim ‐ Deputy Chancell

Police DepartmentKeith Harris Police Trianee

NewPosition‐Internal

Instructional Designer

6 4


2 Replacement‐Internal

Jesse Shelton

Distance Education New Position‐Budget 12‐13‐Hired Internal

Workforce Initiatives Program Manager


Oct

Touhid Chowdhury

NewPosition‐External

New Position‐Hired External

Nov

Replacement‐External

Instructional

NewPosition‐Internal NewPosition‐External1

Kimberly Davis Oct

5

Instructional Designer

Advisor

Interim ‐

Dec

‐

TLR

Replacement‐Internal

3

Manuel Ramos

Scott Godley

Nov

Replacement‐External ‐

38

Israel Salazar

VICE CHANCELLOR STUDENT SUCCESS

9

VICE CHANCELLOR INFORMATION TECHNOLOGY

1

CENTRAL

5

NORTHWEST

New Postions

James Connery

Repl Stella Villarreal‐Hired External‐Temp

Instructor

Student Services

‐ NewPosition‐External

Student Services

Interim

ADA Counselor

Jason Wilson


Repl Cheryl Johnson‐Hired Internal

Oct


Dora Whiteside

Repl Denny Smith‐Hired External

VAST

Sonya Sneed

VCIT ‐

Cashier II

Paul Brady

Anthony Hilliard

Central NewPosition‐Internal

‐

Sep

Anika Chowdhury

Repl Nellie Bradley‐Hired Internal‐Temp

Accounting

New Position‐Budget 12‐13‐Hired Internal

Sep

Replacement‐Internal ‐

Community Outreach CoordinatorCOO

Lusinda Eshelman

Sep


Biology

‐

2

Student Services Interim Dean of Student Dev

Instructor

Oct

Nov

Oct

Repl Johnny Watson‐Hired External‐Temp

Repl Frank Colmenero‐Hired External

‐ ‐ Replacement‐Internal

Sep

Enrollment Service Assistant

Sandra Brooks Enrollment Service Assistant Repl Makeba Brown‐Hired External‐Temp

Sep

NewPosition‐External 1

Christine Moore

Instructor

Director of Public Relations

System Analyst

NewPosition‐InternalReplacement‐ExternalVCSS

Oct

Admissions

Oct

Registrar

Insternational Student

Sep


New Position‐Budget 12‐13‐Hired Internal‐Temp

Oct

Student Records Specialist

Registrar

Wanda Taft

Interim

Repl David Lin‐Hired Internal

Student Information Svcs Advisor Repl Laura Collins‐Hired External Sep



Paul Donaldson

Registrar

Transcript Evaluator

Henry Thomas

Oct


Repl Shantay Grays‐Hired External

Ashley Martin

Mona Terrell Registrar

Outreach & Student Dev

Dec


Nov


VA/Student Support Svcs Advisor New Position‐Budget 12‐13‐Hired Internal

Liliana Silva

Kevin Lacey

Rima Adil

Repl Manhal Chbat‐Hired External‐Temp

Testing AssociateInstruction‐Testing

Public Relations

Oct

Instructor


Laleh Golestani

InstructorEngineering

Hardware/Software Technician

Repl Kimberly Crocker Montgomery‐Hire External‐Temp

Oct

Senior Advisor Oct

Student Life Coordinator

Student Services

Instructor

1

Repl Rima Adil‐Hired External‐Temp

Sep

Oct

Repl Joaquin Torres‐Hired External‐Temp

Nellie Bradley


Repl Carlana Brooks‐Hired External‐Temp

Fine Arts

Application Dev

Admissions

1

Dir., Outreach & Student Development

Interim

Instructor

Steven Cohan

Thomas Tankersley

Bharat Sutaria

‐

Recording Imaging Nov

Leslie Dye

Randi Sprouse

Sep

Brigid Wilson

Technician Services

Student Services


Larke Clishe

Eva Foster English

Repl Samuel sannl‐Hired External

Repl Bonnie Gallup‐Hired External‐Temp

Sep

Oct


COO

1



3

39



Employee Name Department Job Title Comments Month

Construction

Oct

Repl Mallikarjun Shintri‐Hired External‐Temp Oct

NORTHWEST continued

21

NORTHEAST

11

SOUTHWEST

13

New Postions

Jaime Flores Student Services New Position‐Budget 12‐13‐Hired InternalAdvisor

Courtney Martinez

Advisor

Corey Aeck Advisor

Nov

3

Financial Aid Associate

Student Recruiter

Olivia Blake COO

Contrice Kendall Student Services Advisor New Position‐Budget 12‐13‐Hired Internal Nov

Sherhonda Le

Nov

Repl Adriana Jimenez‐Hired External

Instructional

Sep

Replacement‐Internal InterimReplacement‐External

Nov

Nov

Repl Lois Avery‐Hired External

Student Services

Khansaa Almansor

Secretary II

14 NewPosition‐Internal

Repl Barbara Smith‐Hired Internal


Repl Margie Ricks‐Hired External‐Temp

Nov

Student Services Oct

Nicki Norman

Electronic Engineering Instructor Repl Nicky Haddock‐Hired External Sep

Repl Pratap Talusani‐Hired External

Student Services

Student Services

Advising Manager

Technology

English

Senior Advisor

Technology

‐

Oct

Repl Paul Roberts‐Hired External‐Temp

6 NewPosition‐Internal

Student Dev/Advising

Digital Communication Instructor

Director, Public Relations

‐

Sep

Nov

Replacement‐Internal Replacement‐External4

Nov

Nov

Student Dev/Advising Advisor

Digital Communication

1


Interim‐ NewPosition‐External



Academic Instructor

Senior Advisor

Repl Adballah Cherif‐Hired External‐Temp

Counselor New Position‐Budget 12‐13‐Hired Internal

Campus Service Technician

Repl Martha Barrera‐Hired External

Advisor

Nov

Nov

Advisor

Public Relations

Repl Margo Reece‐Hired External‐TempInstructor

Interim

Dec

2

Repl Kelli Caraway‐Hired Internal

Student Development

Student Development

2 3 NewPosition‐External6 NewPosition‐InternalReplacement‐ExternalReplacement‐Internal ‐

Lorraine Donovan


Oct

David Stacy

Emilio Mendoza

Sabiha Mir

Todd Duplantis

Wendy Allen

Oct

Instructor

Senior Advisor

Oct

Nov

Christine Moore

Brandi Gaza

Dashiel Geyen

Aketa Guillory

Wendy Robbins

Counseling

Repl Belinda Defalco‐Hired Internal




COO

Instructor

Repl Bridgette Bauman‐Hired External

Betty Keller

Repl John Jagdish‐Hired External‐Temp

Office Manager

Advisor Repl Ana Canek‐Hired Internal

Cybele Ayaquica

Hoang Nguyen

Nov

Sep

Financial Aid Repl Diane Wilborn‐Hired External

Senior Advisor

Student Services

Nov

Dec

Sep

Northwest


Sep

Sep

David Jones

Instructor

SepIfeanyi Oramulu

Hosein Tahvillian Electronic Engineering

Ronald Dewlen

Instructor Repl Homer Stewart‐Hired External‐Temp

Retention Specialist Repl Joseph Willis‐Hired Internal

Lesley Savoy‐Green Enrollment Services Associate

Sherin Isaac

Student Services Repl Alonia Whitmore‐Hired Internal

1

Student Services New Position‐Budget 12‐13‐Hired Internal

Student Services

Goddrick Austin

Jose Cruz

Kelli Caraway

NORTHEAST

COO

Southwest

Repl Laura Wilborn‐Hired External

Nov

Secretary II

New Position‐Budget 12‐13‐Hired InternalPublic Relations


Dean Instruction

William Nicholson

Nov

Oct

40




SOUTHEAST

4

COLEMAN

7

EXTENDED LEARNING, DIVISION OF‐

Adm. Totals Replacement‐Internal Replacement‐External NewPosition‐Internal NewPosition‐External Interim 39

College Totals Replacement‐Internal Replacement‐External NewPosition‐Internal NewPosition‐External Interim 61

Grand Total Replacement‐Internal Replacement‐External NewPosition‐Internal NewPosition‐External Interim 100

Over all Total

New Postions

Financial Aid Associate


Student Life Coordinator

Oct

Repl Pearlie Watts‐Hired External

Vocaitonal Nursing Instructor

Instructor

Vocaitonal Nursing


Student Services


Vocaitonal Nursing

‐

Instructor


NewPosition‐External

NovVocaitonal Nursing

Repl Roxine Simms‐Hired External‐Temp

‐

Nov

Caroline Couto‐Ortiz

Charmaine Lewinson‐Evans

Repl Verlicia Pope‐Hired External

Student Services

‐ Replacement‐Internal

Nov

Repl Sharon McCowan‐Hired External

Health Science SepNew Position‐Budget 12‐13‐Hired ExternalDental Hygiene Operations Assistant

Simulation Center

Sep

Sep

4

Oct

Advisor

Natural Sciences

Instructor

Interim ‐

Repl Maria Reyes‐Hired External

Repl Independencia Delacruz‐Hired External

Learning Success Coordinator

SepChlinical Simulation Lab Technician

Veronica Mckissic

Jason Smith

100

38

Replacement‐InternalColeman

9

‐

1


4 17 1 6

Interim ‐ 5

Ex. Learning

‐



13 47 11 25 2

8 1

NewPosition‐Internal 1 NewPosition‐External

‐ NewPosition‐Internal ‐ NewPosition‐External ‐ Interim ‐

7 7

Nancy Garcia

Christy Muniz

Repl Tara Webb‐Hired External

Oct

LaTrista Funchez Student Services

Secretary II

Repl Vivian Flores‐Hired External

Nov

Financial Aid

Rita Callahan

Micalyn Flagg

Ashley Nichols

Daniel Guzman

Southeast

41




HOUSTON COMMUNITY COLLEGEFTE Comparison Year‐To‐Date Thru December 31, 2012 by Type(Full‐Time Employee Equivalent)

FACULTY FTE

Faculty SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG

2012‐2013 1,361 1,514 1,534 1,487

2011‐2012 1,451 1,582 1,598 1,564 823 1,530 1,573 1,598 1,576 1,003 1,098 955

STAFF FTE

Staff/Lib/Cou SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG

2012‐2013 1,401 1,426 1,449 1,351

2011‐2012 1,429 1,415 1,425 1,327 1,407 1,429 1,396 1,404 1,410 1,397 1,391 1,429

F

T

E

F

T

E

42

‐

200

400

600

800

1,000

1,200

1,400

1,600

1,800


‐

200

400

600

800

1,000

1,200

1,400

1,600


CENTRAL COLLEGEFTE Comparison Year‐To‐Date Thru December 31, 2012 by Type(Full‐Time Employee Equivalent)

FACULTY FTE


2012‐2013 238 270 272 270

2011‐2012 254 293 296 293 159 279 298 300 291 184 204 178

STAFF FTE


2012‐2013 155 159 164 145

2011‐2012 161 158 165 145 155 163 157 157 158 156 154 161

43

F

T

E

F

T

E

‐

50

100

150

200

250

300

350


‐

20

40

60

80

100

120

140

160

180


COLEMAN COLLEGEFTE Comparison Year‐To‐Date Thru December 31, 2012 by Type(Full‐Time Employee Equivalent)

FACULTY FTE


2012‐2013 108 107 113 110

2011‐2012 115 112 113 109 82 109 107 110 110 99 98 84

STAFF FTE


2012‐2013 56 55 55 52

2011‐2012 58 58 59 55 56 58 55 55 57 54 54 55

F

T

E

F

T

E

44

‐

20

40

60

80

100

120

140


‐

10

20

30

40

50

60

70


NORTHWEST COLLEGEFTE Comparison Year‐To‐Date Thru December 31, 2012 by Type(Full‐Time Employee Equivalent)

FACULTY FTE


2012‐2013 281 310 310 306

2011‐2012 267 292 293 307 155 323 330 334 335 198 224 190

STAFF FTE


2012‐2013 131 135 143 125

2011‐2012 104 106 108 108 129 138 122 129 130 132 131 138

F

T

E

F

T

E

45

‐

50

100

150

200

250

300

350

400


‐

20

40

60

80

100

120

140

160


NORTHEAST COLLEGEFTE Comparison Year‐To‐Date Thru December 31, 2012 by Type(Full‐Time Employee Equivalent)

FACULTY FTE


2012‐2013 187 208 212 205

2011‐2012 200 211 216 207 112 204 212 212 211 129 137 124

STAFF FTE


2012‐2013 126 125 128 118

2011‐2012 127 126 128 118 121 128 124 127 126 126 126 128

F

T

E

F

T

E

46

‐

50

100

150

200

250


‐

20

40

60

80

100

120

140


SOUTHWEST COLLEGEFTE Comparison Year‐To‐Date Thru December 31, 2012 by Type(Full‐Time Employee Equivalent)

FACULTY FTE


2012‐2013 318 385 375 370

2011‐2012 380 433 435 422 183 377 382 386 382 229 252 217

STAFF FTE


2012‐2013 152 154 161 142

2011‐2012 185 184 182 145 146 155 144 150 152 151 147 153

47

F

T

E

F

T

E

‐

50

100

150

200

250

300

350

400

450

500


‐

20

40

60

80

100

120

140

160

180

200


SOUTHEAST COLLEGEFTE Comparison Year‐To‐Date Thru December 31, 2012 by Type(Full‐Time Employee Equivalent)

FACULTY FTE


2012‐2013 130 160 164 163

2011‐2012 143 168 173 169 77 161 178 183 179 101 120 95

STAFF FTE


2012‐2013 96 103 104 95

2011‐2012 99 96 97 86 94 98 91 95 96 99 96 101

F

T

E

F

T

E

48

‐

20

40

60

80

100

120

140

160

180

200


‐

20

40

60

80

100

120


‐

20

40

60

80

100

120

140

160

180

200


‐

20

40

60

80

100

120


‐

20

40

60

80

100

120

140

160

180

200


‐

20

40

60

80

100

120


Division of Extended Learning (DOEL)FTE Comparison Year‐To‐Date Thru December 31, 2012 by Type(Full‐Time Employee Equivalent)

FACULTY FTE


2012‐2013 90 67 79 57

2011‐2012 85 69 68 56 55 72 63 67 64 59 57 64

STAFF FTE


2012‐2013 79 81 81 76

2011‐2012 78 79 79 75 79 80 77 79 79 79 78 81

F

T

E

F

T

E

49

‐

10

20

30

40

50

60

70

80

90

100


‐

10

20

30

40

50

60

70

80

90


DISTRICTFTE Comparison Year‐To‐Date Thru December 31, 2012 by Type(Full‐Time Employee Equivalent)

FACULTY FTE


2012‐2013 8 7 8 5

2011‐2012 7 4 4 1 ‐ 5 4 5 3 4 4 3

STAFF FTE


2012‐2013 606 612 614 598

2011‐2012 616 609 608 595 627 609 625 612 614 601 605 612

F

T

E

F

T

E

50

‐

1

2

3

4

5

6

7

8

9


‐

100

200

300

400

500

600

700


HOUSTON COMMUNITY COLLEGEDuplicated Headcount Comparison Year‐To‐Date Thru December 31, 2012 by Type

FACULTY HEADCOUNT


12‐13 FT 787 795 795 797

12‐13 PT 1,992 2,361 2,491 2,224

12‐13 Total Fac 2,779 3,156 3,286 3,021 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐

11‐12 FT 792 797 793 788 793 785 784 782 783 768 757 794

11‐12 PT 1,911 2,334 2,390 2,331 275 2,387 2,391 2,351 2,367 1,075 1,372 679

11‐12 Total Fac 2,703 3,131 3,183 3,119 1,068 3,172 3,175 3,133 3,150 1,843 2,129 1,473

STAFF HEADCOUNT


12‐13 FT 1,238 1,250 1,264 1,260

12‐13 PT 840 833 851 842

12‐13 Total Staff 2,078 2,083 2,115 2,102 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐

11‐12 FT 1,256 1,256 1,238 1,235 1,253 1,242 1,249 1,235 1,240 1,201 1,240 1,250

11‐12 PT 877 879 883 839 629 822 834 828 846 767 790 790

11‐12 Total Staff 2,133 2,135 2,121 2,074 1,882 2,064 2,083 2,063 2,086 1,968 2,030 2,040

51

S

t

a

f

f

Headcount

F

a

c

u

l

t

y

Headcount

‐

500

1,000

1,500

2,000

2,500


‐

200

400

600

800

1,000

1,200

1,400


HOUSTON COMMUNITY COLLEGEUnduplicated* Headcount Comparison Year‐To‐Date Thru December 31, 2012 by Type

UNDUPLICATED HEADCOUNT


12‐13 Total 4,475 4,446 4,551 4,726

11‐12 Total 4,543 4,902 4,917 4,833 2,891 4,728 4,814 4,805 4,806 3,373 3,575 3,303

* Includes Full‐time and Part‐time Faculties, Librarians, Counselors, and Staffs

52

Unduplicated* Headcount

‐

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

5,000


Non‐current assets:

Restricted cash 6,805$

Restricted investment in trust accounts 2,248,593

Lease receivable from HCCS 172,194,009

Deferred charges ‐ bond issuance costs 2,046,534

Capital Assets:

Land ‐

Other Structures ‐

Furniture & equipment ‐

Leasehold improvements ‐

Construction in process 911,290

911,290

TOTAL ASSETS 177,407,230$

Current liabilities:

Accounts payable ‐ HCC 144,304$

Accounts payable 5,210

Accrued liabilities ‐ interest ‐

Current bond payable 3,880,000

Total current liabilities 4,029,514$

Non‐current liabilities:

Deposits 440

Arbitrage payable ‐

Unearned interest income (23 years) ‐ HCC 70,298,500

Premium on bonds 2,209,548

Bonds payable 105,655,000

Total non‐current liabilities 178,163,488$

TOTAL LIABILITIES 182,193,002

TOTAL NET ASSETS ‐ restricted (4,785,772)$

PFC 1

Houston Community College ‐ Public Facility CorporationStatement of Net Assets

Cash Basis ‐ Interim Period


ASSETS

LIABILITIES

Cash Flows from Capital Financing Activities

Receipt from HCCS for lease payment 2,538,004$

Purchases of capital assets (865,847)

Payment on capital debt ‐ principal and interest (2,538,696)

Net cash provided (used by) in financing activities (866,539)

Cash Flows from Investing Activities

Interest income 1,225

Increase (decrease) in restricted cash and

restricted investment in trust accounts (865,314)

Restricted cash and restricted investment in

trust accounts ‐ beginning of year 3,120,712

Restricted cash and restricted investment in

trust accounts ‐ end of period 2,255,398$

Houston Community College System Public Facility CorporationStatement of Cash Flows

Cash Basis ‐ Interim Period

Four Month Ended as of December 31, 2012

PFC 2

Total Budget to

Date

Total Revenues

/ Expenditures

To Date

Encumbrances

To Date Unexpended

Sources of funds:

Proceeds from

2005C Lease Revenue Bond 19,155,000$

Discount (170,064) Land Purchase (4,212,644) Bond Issuance Cost (606,201) Interest Expense (524,785)

13,641,306$ Interest Income 1,003,631 Vendor Contract Refund 102,706 Transfer to Payment Account (1,354,990)


Uses of funds:4,092$ 4,092$ ‐$ ‐$

11,550,643 11,550,643 ‐ ‐ Maintenance 393,940 171,324 222,616 ‐

6,443 6,443 ‐ 563,928 563,928 ‐

7,200 7,200 ‐ ‐ 27,403 26,326 1,077 ‐ 24,940 24,940 ‐ 44,695 44,695 ‐ ‐

596,787 596,787 ‐ ‐

172,582 8,100 164,482

Grand Total Uses 13,392,653$ 13,004,478$ 223,693$ 164,482$

Net Available ‐$

PFC requires GMP before inception.

Total Proceeds from Bond

Houston Community College ‐ Public Facility CorporationPublic Safety Instituteas of December 31, 2012

PFC 3

Bank Service ChargesConstruction

Waste Water Management *Geo Technical Services*

Survey*Architect

Engineering ServicesFFE

Contingency

* Included in GMP

Site Infrasturcture

Total Budget to

Date

Total Revenues

/ Expenditures

to Date

Encumbrances

to Date Unexpended

Sources of funds:

Proceeds from

2005 A Bonds 11,605,000$

Premium Received 492,931

Accrued Interest Received 53,425

Interest Income 998

Bond Issuance Costs (391,474)

Repayment of Loans (11,392,147)

Funds Available 368,733$

Uses of funds:

Debt Service 53,425$ 53,425$ ‐$ ‐$

Renovation & Construction 169,759 169,759 ‐ ‐

Demolish & Renovate Office 56,244 56,244 ‐ ‐

Furniture & Fixtures 46,857 46,857 ‐ ‐

Legal Fees 42,448 42,448 ‐

Grand Total Uses 368,733$ 368,733$ ‐$ ‐$

Net Available ‐$

Note 1: PFC requires GMP before inception.

Houston Community College ‐ Public Facility CorporationWestgate (Katy)


PFC 4

Total Budget to

Date

Total Revenues

/ Expenditures

To Date

Encumbrances

To Date Unexpended

Sources of funds:

Principal Amount on Bonds 36,950,000$

Discount on Bonds (546,238)

Underwriter's Discount (209,273)

Accrued Interest on Bonds 98,080

Amount Available 36,292,569$

Issuance Costs (490,131)

Accrued and Capitalized Interest (1,449,023)

Repair and Replacement (1,000,000)

Title Fees Capitalized (81,379)

Amount Available for Project 33,272,036$

Repayment to HCC (188,006)

Project Account Balance 33,084,030$

Administrative & Legal Fees (29,486)

Interest Income 836,485

Transfer Cost Issuance 85,509

Interest Expense on Notes (135,299)


Uses of funds:

Land & Building 17,807,972$ 17,807,972$ ‐$ ‐$

Maintenance Rehabilitation &

Deferred Maintenance

12,856,469 12,856,469 ‐

CPMS PGAL 211,959 211,959 ‐


Furniture, Fixtures & Equipment 1,040,112 1,006,277 14,273 19,562

Site Infrastructure 971,369 854,984 4,859 111,526

Architect and Engineering 517,509 428,355 4,632 84,522

Repair & Maintenance Contingency ‐

per bond requirement

221,229 83,089 2,000 136,140

Grand Total Uses 33,841,239$ 33,463,726$ 25,764$ 351,750$

Net Available ‐$


Houston Community College ‐ Public Facility CorporationHayes Road ‐ Alief Project


PFC 5

Total Budget to

Date

Total Revenues

/ Expenditures

To Date

Encumbrances

To Date Unexpended

Sources of funds:

Principal Amount of 2007 Series Bonds 58,885,000$

Premium on Bonds 3,094,498

Underwriter's Discount (346,244)

Accrued Interest Income‐ Bonds 173,733

Total Amount Available 61,806,987$

Issuance Cost (839,837)

Accrued and Capitalized Interest (4,632,122)

Repair and Maintenance Account ‐

Amount Available for Project 56,335,028$

Interest Income on Trust Account 2,496,540

Interest Expense on Notes (414,601)

Transfer to Trustee Payment Account (4,712,985)

Vendor Contract Refunds 230,035

Sale of Land 569,890


Uses of funds:

Land & Building 10,671,234$ 10,671,234$ ‐$ ‐$

Construction Cost‐ Building 18,200,000 18,200,000 ‐ ‐

Construction‐Demolition 494,972 ‐ ‐ 494,972

Constuction‐ Site 640,988 636,957 4,030 ‐

Site Improvement 14,221,039 13,888,128 332,911 ‐

Site Demolition & Abatement 791,298 791,298 ‐

CPMS PGAL 1,391,958 1,391,958 ‐ ‐

Site and Infrastructure Design 2,334,840 2,334,840 ‐ ‐


Architect and Engineering 1,256,727 1,256,727 ‐


Library 66,564 66,182 382 ‐

Inspections 214,981 214,981 ‐ ‐

Design Geotech 17,500 17,500 ‐ ‐

Material Testing 24,503 24,503 ‐ ‐

Communications IT‐ PGAL 253,614 253,614 ‐

IT Telephone & Communications 790,467 790,467 ‐

Surveying 62,398 59,124 3,274 ‐

Administrative Expenses 34,505 34,505 ‐

Preconstruction Costs 886,377 886,377 ‐

Contingency 292,338 186 ‐ 292,154

Grand Total Uses 54,503,907$ 53,366,135$ 350,647$ 787,126$



PFC 6

Houston Community College ‐ Public Facility CorporationNorthline Mall Project

Economy & Finance

Fs2012 december