FY2021 Adopted Budget

FY2021 Adopted Budget Fund Budgets

Frederick Community College

Frederick Community College Established in 1957, Frederick Community College (FCC) provides educational opportunities for Frederick County residents. The College is fully accredited by the Middle States Association of Colleges and Secondary Schools offering more than 85 degree & certificate programs as well as workforce training & continuing education. Additionally, a variety of non-credit course offerings are provided. New construction funding is usually shared by the County and State. In recent years, the College has added a vibrant Student Center; revamped its Library facilities into a modern Learning Commons; expanded its STEM (Science, Technology, Engineering, and Math) laboratories and classrooms; renovated Jefferson Hall to streamline registration, financial aid, and counseling services for students; and collocated with Frederick County Workforce Services into the renovated Monroe Center to serve the workforce development needs of the entire community. In 1975, a Board of Trustees was created to govern FCC. Seven citizens are appointed by the Governor to serve for staggered terms. The FCC President is the Board Secretary and has no vote. The Board appoints the President, approves all major positions at the College and sets internal policies and procedures for FCC operation. The Board recommends a budget to the County Executive for approval by the County Council. FCC also receives State monies and student fees; a small amount of federal funding is received for vocational-technical programs. Budget Highlights The Frederick Community College Board of Trustees approves the Operating Budget, Auxiliary Enterprise Budget, and the Capital Improvements Program (CIP) Budget. The FY21 approved operating budget was significantly modified from the preliminary budget approved by the Board of Trustees in February 2020 because of the financial impacts of COVID-19. Operating Budget: The FY2021 Operating Budget of $52,656,380 includes a decrease of $3,478,722 or 6.20% from the FY2020 budget. County funding for FY2021 includes an additional $1,400,000 to provide a step increase for all regular employees and a 3.5% COLA increase to all other employees, except grant-funded and auxiliary employees who are funded outside of the operating budget. Auxiliary Enterprise Budget (not shown) : Frederick Community College auxiliary enterprises include the Bookstore, the Carl & Norma 0LOOHU &KLOGUHQ¶V &HQWHU DQG Dining Services. These business-type activities generate revenue from sales and provide services to the campus. Auxiliary enterprises are projected to break even for FY2021. Capital Improvements Program (CIP) Budget (not shown) : The FY2021 CIP Budget reflects the County adopted budget of $8,507,720.This funding will address Linganore Hall renovations, Annapolis Hall renovations, technology upgrades, and a variety of systemic projects.

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