FY2023 Adopted Operating and Capital Budget

FY2023 Adopted Budget Fund Budgets

Frederick Community College

Adopted

Adopted

Adopted

Adopted Change

2020

2021

2022

2023

%

REVENUES

Tuition & Fees State Government County Government

19,172,897 13,873,345 18,441,502

14,181,617 13,851,575 19,841,502

17,374,494 16,234,779 21,341,502

16,545,937 -4.8% 19,380,351 19.4%

22,376,502

4.8% 9.3%

County Government In-Kind

515,654 792,000

446,617 935,413

446,617 935,413

487,961

Other Income

776,904 -16.9% 2,905,955 -14.5% 62,473,610 4.6%

Prior Year Fund Balance

3,339,704 56,135,102

3,399,656 52,656,380

3,399,656 59,732,461

Total

EXPENDITURES Instruction Academic Support

26,248,359 1,399,435 8,033,257 6,899,659 11,287,402 2,266,990 56,135,102

24,733,649 1,360,432 6,953,536 6,008,515 11,333,258 2,266,990 52,656,380

26,440,126 1,485,035 8,495,798 8,044,556 12,883,127 2,383,819 59,732,461

28,059,038

6.1%

1,369,991 -7.7%

Student Services Plant Operations

9,090,027

7.0%

7,256,506 -9.8% 14,268,096 10.8%

Institutional Support

Other

2,429,952

1.9%

Total

62,473,610 4.6%

177