COLLEGE OF LAKE COUNTY BUDGET FOR FY 2019

Revenues Actual FY 2018 Budget FY 2019

State funding
Local Tax Revenue $68,268,042.00 $70,327,327.00
All Other Local Revenue $1,739,074.00 $1,828,023.00
ICCB Grants $15,536,057.00 $8,162,327.00
Other State Revenue $2,046,132.00 $1,064,537.00
Federal Revenue $15,809,443.00 $15,816,986.00
Tuition & Fees $36,249,565.00 $37,366,455.00
All Other Revenue $11,386,304.00 $11,482,099.00
Total: $151,034,617.00 $146,047,754.00

Expenditures Actual FY 2018 Budget FY 2019

Instruction $39,576,814 $41,802,160
Academic Support $4,290,450 $4,681,489
Student Services $8,381,187 $9,401,305
Public Service $9,212,207 $9,442,005
Auxiliary Services $5,951,583 $6,738,617
Operations & Maintenance $9,770,269 $10,720,053
Institutional Support $50,490,575 $54,555,903
Scholarships & Student Grants $19,648,169 $18,392,847
Total Expenditures: $147,321,254 $155,734,379

Excess (Deficiency) of Revenues Over

$3,713,363 -$9,686,625
Expenditures

New or Increased Expenses in Support of Strategic Initiatives

Expense 2017-2018 Total $

(+ for increase, - for
decrease)

3.0%
5.1%
-47.5%
-48.0%
0.0%
3.1%
0.8%
-3.3%

(+ for increase, - for

decrease)
5.6%
9.1%
12.2%
2.5%
13.2%
9.7%
8.1%
-6.4%
5.7%

% Increase projected (NA

Total projected change in $
if not currently funded)