As approved by the Navajo County Community College District Governing Board on Tuesday, April 17, 2018.
Budget data conforms to mandates of law specified in Arizona Revised Statutes §15-1461 concerning the advertisement and publication of budget information.
Questions about the budget should be directed to Maderia Ellison, Associate Vice President, Chief Business Officer, (928) 532-6743 or online via our online comment form.
Preliminary FY2019 Budget
As adopted by the District Governing Board, April 17, 2018
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Navajo County Community College District
Northland Pioneer College
Budget for Fiscal Year 2019
Summary of Budget Data
Increase/Decrease From Budget 2018 To Budget 2019 |
||||
---|---|---|---|---|
Budget 2019 | Budget 2018 | Amount | % | |
I. CURRENT GENERAL AND PLANT FUNDS | ||||
A. Expenditures: | ||||
Current General Fund | $28,289,569 | $27,296,054 | $993,515 | 3.6% |
Unexpended Plant Fund | 11,443,000 | 5,369,100 | 6,073,900 | 113.1% |
Retirement of Indebtedness Plant Fund | -0- | -0- | -0- | -0- |
TOTAL | $39,732,569 | $32,665,154 | $7,067,415 | 21.6% |
B. Expenditures Per Full-Time Student Equivalent (FTSE): | ||||
Current General Fund | $14,145/FTSE | $13,703/FTSE | $442/FTSE | 3.2% |
Unexpended Plant Fund | $5,722/FTSE | $2,695/FTSE | $3,026/FTSE | 112.3% |
Projected FTSE Count | 2,000 | 1,992 | ||
II. TOTAL OF ALL FUNDS ESTIMATED PERSONNEL COMPENSATION | ||||
Employee Salaries and Hourly Costs | $15,434,817 | $14,963,955 | $470,862 | 3.1% |
Retirement Costs | 1,609,043 | 1,567,742 | 41,301 | 2.6% |
Healthcare Costs | 1,808,975 | 1,730,640 | 78,335 | 4.5% |
Other Benefit Costs | 1,376,642 | 1,363,203 | 13,439 | 1.0% |
TOTAL | $20,229,477 | $19,625,540 | $603,937 | 3.1% |
III. SUMMARY OF PRIMARY AND SECONDARY PROPERTY TAX LEVIES AND RATES | ||||
A. Amount Levied: | ||||
Primary Tax Levy | $15,356,069 | $14,834,954 | $521,115 | 3.5% |
Secondary Tax Levy | -0- | -0- | -0- | -0- |
TOTAL LEVY | $15,356,069 | $14,834,954 | $521,115 | 3.5% |
B. Rates per $100 Net Assessed Valuation: | ||||
Primary Tax Rate | 1.8527 | 1.8067 | 0.0460 | 2.5% |
Secondary Tax Rate | -0- | -0- | -0- | -0- |
TOTAL RATE | 1.8527 | 1.8067 | 0.0460 | 2.5% |
IV. MAXIMUM ALLOWABLE PRIMARY TAX LEVY FOR FISCAL YEAR 2019 PURSUANT TO A.R.S. §42-17051 | $15,356,069 | |||
V. AMOUNT RECEIVED FROM PRIMARY PROPERTY TAXES IN FISCAL YEAR 2018 IN EXCESS OF THE MAXIMUM ALLOWABLE AMOUNT AS CALCULATED PURSUANT TO A.R.S. §42-17051 | -0- |
Navajo County Community College District
Northland Pioneer College
Budget for Fiscal Year 2019
Resources
Current Funds | Plant Funds | ||||||||
---|---|---|---|---|---|---|---|---|---|
General Fund 2019 |
Restricted Fund 2019 |
Auxiliary Fund 2019 |
Unexpended Plant Fund 2019 |
Retirement of Indebtedness 2019 |
Other Funds 2019 | Total All Funds 2019 | Total All Funds 2018 | % Increase/ Decrease |
|
BEGINNING BALANCES – July 1* | |||||||||
Restricted | |||||||||
Unrestricted | $42,900,000 | $16,600,000 | $59,500,000 | $53,800,000 | 10.6% | ||||
Total Beginning Balances | $42,900,000 | $16,600,000 | $59,500,000 | $53,800,000 | 10.6% | ||||
REVENUES AND OTHER INFLOWS | |||||||||
Student Tuition and Fees | |||||||||
General Tuition | $3,060,000 | $3,060,000 | $3,000,000 | 2.0% | |||||
Out-of-District Tuition | |||||||||
Out-of-State Tuition | 100,000 | 100,000 | 100,000 | ||||||
Student Fees | 700,000 | 700,000 | 700,000 | ||||||
Tuition and Fee Remissions or Waivers |
1,000,000 | 1,000,000 | 1,000,000 | ||||||
State Appropriations | |||||||||
Maintenance Support | 1,572,700 | 1,572,700 | 1,649,000 | -4.6% | |||||
Equalization Aid | 6,910,800 | 6,910,800 | 6,672,100 | 3.6% | |||||
Capital Support | 343,000 | 343,000 | 369,100 | -7.1% | |||||
Property Taxes | |||||||||
Primary Tax Levy | 15,356,069 | 15,356,069 | 14,834,954 | 3.5% | |||||
Secondary Tax Levy | |||||||||
Gifts, Grants, and Contracts | 1,500,000 | 5,600,000 | 7,100,000 | 7,500,000 | -5.3% | ||||
Sales and Services | |||||||||
Investment Income | 140,000 | 140,000 | 140,000 | ||||||
State Shared Sales Tax | 400,000 | 400,000 | 400,000 | ||||||
Other Revenues | 200,000 | 300,000 | 500,000 | 550,000 | -9.1% | ||||
Proceeds from Sale of Bonds | |||||||||
Total Revenues and Other Inflows | $30,539,569 | $6,000,000 | $300,000 | $343,000 | $37,182,569 | $36,915,154 | 0.7% | ||
Transfers | |||||||||
Transfers In | 600,000 | 300,000 | 2,000,000 | 2,900,000 | 2,900,000 | ||||
(Transfers Out) | (2,900,000) | (2,900,000) | (2,900,000) | ||||||
Total Transfers | ($2,900,000) | $600,000 | $300,000 | $2,000,000 | |||||
Less: | |||||||||
Governing Board Designations | (4,860,431) | (4,860,431) | (23,551,973) | -79.4% | |||||
Policy 1924 – Cash Reserve |
(28,289,569) | (28,289,569) | (13,648,027) | 107.3% | |||||
Policy 1926 – Future Capital Reserve | (9,100,000 | (7,500,000) | (16,600,000) | (13,600,000) | 22.1% | ||||
Total Resources Available for Budget Year |
$28,289,569 | $6,600,000 | $600,000 | $11,443,000 | $46,932,569 | $39,951,154 | 17.6% |
* These amounts exclude amounts not in spendable form (i.e., prepaids, inventories, and capital assets) or amounts legally or contractually required to be maintained intact.
Navajo County Community College District
Northland Pioneer College
Budget for Fiscal Year 2019
Expenditures and Other Outflows
Current Funds | Plant Funds | ||||||||
---|---|---|---|---|---|---|---|---|---|
General Fund 2019 |
Restricted Fund 2019 |
Auxiliary Fund 2019 |
Unexpended Plant Fund 2019 |
Retirement of Indebtedness 2019 |
Other Funds 2019 | Total All Funds 2019 | Total All Funds 2018 | % Increase/ Decrease |
|
TOTAL RESOURCES AVAILABLE FOR THE BUDGET YEAR (FROM SCHEDULE B) | $28,289,569 | $6,600,000 | $600,000 | $11,443,000 | $46,932,569 | $39,915,154 | 17.6% | ||
EXPENDITURES AND OTHER OUTFLOWS | |||||||||
Instruction | 10,932,264 | 1,500,000 | 12,432,264 | 12,047,012 | 3.2% | ||||
Public Service | 20,000 | 20,000 | 20,000 | ||||||
Academic Support | 1,163,861 | 1,163,861 | 1,111,599 | 4.7% | |||||
Student Services | 1,924,272 | 650,000 | 2,574,272 | 2,525,369 | 1.9% | ||||
Institutional Support (Administration) | 9,142,382 | 30,000 | 9,172,382 | 8,544,328 | 7.4% | ||||
Operation and Maintenance of Plant | 1,856,825 | 1,856,825 | 1,769,885 | 4.9% | |||||
Scholarships | 2,033,775 | 4,400,000 | 6,433,775 | 6,417,775 | 0.2% | ||||
Auxiliary Enterprises | 600,000 | 600,000 | 650,000 | -7.7% | |||||
Capital Assets | 11,443,000 | 11,443,000 | 5,369,100 | 113.1% | |||||
Debt Service - General Obligation Bonds | |||||||||
Debt Service – Other Long-Term Debt | |||||||||
Other Expenditures | |||||||||
Contingency | 1,236,190 | 1,236,190 | 1,460,086 | -15.3% | |||||
Total Expenditures and Other Outflows | $87,289,569 | $6,600,000 | $600,000 | $11,443,000 | $46,932,569 | $39,915,154 | 17.6% |