FY2024 Adopted Operating and Capital Budgets

FY2024 Adopted Budget Fund Budgets

Frederick Community College

Adopted

Adopted

Adopted

Adopted Change

2021

2022

2023

2024

%

REVENUES

Tuition & Fees State Government County Government

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

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

16,545,937 19,380,351 22,376,502

16,768,889

1.3%

21,499,828 10.9%

8.4%

24,255,452

County Government In-Kind

446,617 935,413

446,617 935,413

487,961 776,904

480,393 -1.6% 875,638 12.7%

Other Income

Prior Year Fund Balance

3,399,656 52,656,380

3,399,656 59,732,461

2,905,955 62,473,610

2,905,955

-%

66,786,155 6.9%

Total

EXPENDITURES Instruction Academic Support

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 1,369,991 9,090,027 7,256,506 14,268,096 2,429,952 62,473,610

29,106,580 1,384,290 9,710,893 7,763,195

3.7% 1.0% 6.8% 7.0%

Student Services Plant Operations

Institutional Support

16,377,991 14.8%

Other

2,443,206

0.5%

Total

66,786,155 6.9%

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