SOUTH TEXAS COLLEGE
BUDGET
For The Fiscal Year Ending August 31, 2008
South Texas College
Budget
For The Fiscal Year Ending August 31, 2008
TABLE OF CONTENTS
INTRODUCTORY SECTION
Board of Trustees.......................................................................................................................................... 1
Mission and Vision ....................................................................................................................................... 2
Fact Sheet...................................................................................................................................................... 3
Programs of Study......................................................................................................................................... 4
Summary of Fall Semester Headcount, Unduplicated Annual Headcount and Annual Full Time
Equivalent (FTE) ......................................................................................................................................... 5
Summary of Revenues and Expenditures, Transfers and Contingencies – Current and Plant Funds .......... 6
UNRESTRICTED FUND REVENUES
Pie Chart - By Source ................................................................................................................................... 7
Pie Chart - Comparison of Previous Fiscal Year with Fiscal Year Ending August 31, 2008....................8-9
Summary of Revenues - Budget and Actual – Comparison of Previous Fiscal Years with Fiscal Year
Ending August 31, 2008 ........................................................................................................................10-11
UNRESTRICTED FUND EXPENDITURES
Pie Chart - By Function (Without Transfers and Contingencies) ............................................................... 13
Pie Chart - Comparison of Previous Fiscal Year with Fiscal Year Ending August 31, 2008................14-15
Pie Chart - By Classification (Without Transfers and Contingencies) ....................................................... 17
Pie Chart - Comparison of Previous Fiscal Year with Fiscal Year Ending August 31, 2008................18-19
Summary of Expenditures - By Function and Classification.................................................................20-21
UNRESTRICTED FUND CAPITAL EXPENDITURES
Summary of Capital Expenditures - By Function and Organization ......................................................... 23
AUXILARY FUND
Summary - Budget and Actual – Comparison of Previous Fiscal Years with Fiscal Year Ending
August 31, 2008 ....................................................................................................................................25-26
South Texas College
Budget
For The Fiscal Year Ending August 31, 2008
TABLE OF CONTENTS
(Continued)
RESTRICTED FUND
Summary - Budget and Actual – Comparison of Previous Fiscal Years with Fiscal Year Ending
August 31, 2008 ....................................................................................................................................27-28
PLANT FUNDS
Summary of Revenues and Expenditures .................................................................................................. 29
Resolution Adopting the Budget of South Texas College for the Fiscal Year 2007-2008 ....................31-32
South Texas College
Budget
For The Fiscal Year Ending August 31, 2008
BOARD OF TRUSTEES
Mr. Manuel Benavidez, Jr.
District 1
May 2006 - May 2012
Mrs. Irene Garcia
District 2
May 2006 - May 2012
Mr. Mike Allen
District 3
May 2004 - May 2010
Mr. Gary Gurwitz
District 4
May 2004 - May 2010
Dr. Alejo Salinas, Jr.
District 5
May 2002 - May 2008
Mr. Jesse Villarreal
District 6
May 2006 - May 2012
Mr. Roy De Leon
District 7
May 2002 - May 2008
Mrs. Irene Garcia
Mr. Jesse Villarreal
Mr. Mike Allen
Dr. Shirley A. Reed
Chair
Vice-Chair
Secretary
President
1
Our Commitment to Hidalgo and Starr Counties
Vision
A better quality of life for our communities.
Mission
South Texas College is a public institution of higher education meeting the
diverse educational and workforce needs of the people of Hidalgo and Starr
counties.
Core Values
Student Success, Excellence, Integrity, Community, Opportunity.
Guiding Principles
Be a premier learning-centered higher education institution where student
and community success are paramount;
Serve as the cornerstone for the economic vitality of South Texas;
Foster an environment for the students and community to achieve a better quality
of life;
Nurture a culture where collaboration is valued and achievement is recognized.
Institutional Statement of Purpose
South Texas College achieves its mission and demonstrates
commitment to its core values by being a learning-centered college
offering a variety of educational programs, services, and
opportunities designed to:
Develop a prepared workforce by offering programs leading to employment
in today’s businesses and industries;
Provide quality education by offering college courses in the arts, sciences
and technology for those pursuing certificates and associate or
baccalaureate degrees;
Encourage life-long learning by offering workforce training and continuing
education courses for those interested in changing careers, upgrading
skills, or seeking personal enrichment;
Promote student success by providing student-centered services;
Provide effective developmental education to prepare students to attain
their educational goals.
In the pursuit of its institutional purpose, South Texas College is
committed to:
Providing an accessible and effective learning environment;
Fostering leadership in our communities;
Capitalizing on the unique strengths of a multi-cultural environment;
Promoting regional economic growth and prosperity;
Partnering with business and industry and other educational institutions;
Creating a supportive collegial work environment.
2
About South Texas College
South Texas College is accredited by the Commission on Colleges of the Southern Association of
Colleges and Schools to award Bachelor of Applied Technology, Associate of Applied Science,
Associate of Arts and Associate of Science degrees. STC has an enrollment of more than 18,000
students each semester with a faculty and staff of 1,700 working across five campuses and
centers.
Associate Degrees and Certificates
The college offers more than 90 degree and certificate program options, including associate
degrees in a variety of art, science, technology and allied health fields of study. New for fall 2007
are online associate degrees in Business Administration, Criminal Justice and Social Sciences.
Bachelor of Applied Technology
STC offers a Bachelor of Applied Technology (BAT) degree in Technology Management, which
prepares students for supervisory careers in technology. The college is one of only three Texas
community colleges accredited to offer this degree. A BAT degree in Computer and Information
Technologies is pending approval from the Texas Higher Education Coordinating Board.
Dual Enrollment Opportunities
STC offers dual enrollment programs with high schools throughout Hidalgo and Starr counties.
The programs allow eligible students to take college courses while attending high school. More
than 4,000 students are currently enrolled in the program.
The college has also developed two intensive academic programs for students interested in
pursuing degrees in the medical and engineering fields. The Dual Enrollment Medical Science
Academy (DEMSA) and the Dual Enrollment Engineering Academy (DEEA) consist of
concentrated two-year programs of study and internship opportunities for qualified students to
pursue an Associate of Science degree during their junior and senior years in high school.
Business and Industry Training
The college’s Partnership for Business and Industry Training offers employers customized training
that will upgrade the skills of current employees and prepare new employees for a variety of
industries.
Continuing and Professional Education
The program provides opportunities for lifelong learners to upgrade their skills, change careers or
seek personal enrichment.
Articulation Agreements
For those students who wish to continue their education beyond an associate’s degree, STC has
more than 60 articulation agreements in place with colleges across the country. Following is a
sampling of colleges with formal agreements with STC:
Georgetown University
Midwestern State University
Texas A&M University – College Station
Texas A&M University – Kingsville
Texas State University – San Marcos
Texas Tech University
University of Houston – Clear Lake
University of North Texas - Denton
University of Texas – Arlington
University of Texas – Brownsville
University of Texas – Pan American
University of Texas – San Antonio
About the Faculty
With 428 full-time and 228 adjunct instructors, STC’s faculty is among the most qualified at any
community college in the nation. There are 384 faculty members with master’s degrees, 46 hold
double master’s, five hold triple master’s and 79 have doctorate degrees. In certificate and other
programs, there are 97 faculty members holding bachelor degrees and 44 with associate degrees.
Vital Statistics
o More than 75% of student population are first in family to attend college
o More than 95% of students are Hispanic
o More than 60% of students are female
o More than 75% of students (does not include dual enrollment students) are
on some form of financial aid
o More than 35% of students go on to immediately pursue a bachelor’s degree
o An average of 26 students to each faculty member
3
South Texas College
PROGRAMS OF STUDY
Degree and Certificate Offerings
2007-2008
BACCALAUREATE PROGRAMS
Bachelor of Applied Technology in Technology Management
Bachelor of Applied Technology in Computer and Information Technologies**
ASSOCIATE OF ARTS DEGREE
FIELDS OF STUDY
Business, Math, Science, & Technology
Division
Business Administration – Transfer Plan
Liberal Arts & Social Sciences Division
Criminal Justice
English
Fine Arts
History
Interdisciplinary Studies
Kinesiology
Language and Cultural Studies
Mexican-American Studies
Philosophy
Political Science (Government)
Social Sciences
ASSOCIATE OF ARTS IN TEACHING
FIELDS OF STUDY
Early Childhood Specialization
EC-4 Generalist
4-8 Generalist
8-12
ASSOCIATE OF SCIENCE DEGREE
FIELDS OF STUDY
Business, Math, Science, & Technology
Division
Biology
Chemistry
Computer Information Systems
Computer Science
Engineering
Mathematics
Physics
ASSOCIATE OF APPLIED SCIENCE
DEGREES
Business, Math, Science, & Technology
Division
Automotive Technology
•Specialization: GM-ASEP
Business Administration •Specializations: Accounting
Banking
Import/Export/Logistics
Management
Marketing
Technology Management
Business Computer Systems •Specializations: Computer Specialist
Information Security Specialist
Multimedia Specialist
Networking Specialist
Webmaster Specialist
Computer Aided Drafting and Design Technology •Specializations: Architectural Drafting
Civil Drafting
Digital Imaging
Geographic Information Systems
Culinary Arts
Diesel Technology
Electronic and Computer Maintenance Technology
•Specializations: Computer Maintenance Technology
Computer Support Specialist
Convergent Technology Specialist Electronics Technology Specialist Heating, Ventilation, Air Conditioning & Refrigeration Technology
Legal Office Management
Office Management
Paralegal
Precision Manufacturing Technology
Liberal Arts & Social Sciences Division
Childcare and Development
Nursing and Allied Health Division
Associate Degree Nursing
•LVN/ADN Transition
•Paramedic to RN
Emergency Medical Technology - Paramedic
Health Information Technology
Medical Assistant Technology
Occupational Therapy Assistant
Pharmacy Technology
Physical Therapist Assistant
Respiratory Therapy
Radiologic Technology
CERTIFICATES
Business, Math, Science, & Technology
Division
Accounting Clerk
4
Architectural Drafting
Automotive Technology
Banking
Civil Drafting
Commercial Cooking
Computer Maintenance Specialist
Computer Support Specialist
Convergent Technology
Diesel Technology
Digital Imaging
Electrician Assistant
Electronic Technology Specialist (formerly Electronics & Computer Maintenance)
Ford Maintenance and Light Repair
Geographic Information Systems
Heating, Ventilation, Air Conditioning & Refrigeration Technology
Import / Export
Industrial Systems Maintenance Technology
Legal Office Specialist
Logistics
Management
Marketing
Office Specialist
Precision Manufacturing Technology
Technology Support Specialist
Liberal Arts & Social Sciences Division
Childcare and Development •Specializations: Infant and Toddler
•Pre-School
Early Childhood Intervention
Nursing and Allied Health Division
Emergency Medical Technology – Basic
Emergency Medical Technology – Intermediate
Emergency Medical Technology – Paramedic*
Medical Assistant Technology
Medical Coding Specialist
Medical Information/Transcription** Specialist
Patient Care Assistant
Pharmacy Technology
Vocational Nursing
* This is a two-year certificate
**Pending Approval from the THECB
South Texas College
Summary of Fall Semester Headcount, Unduplicated Annual Headcount
and Annual Full Time Equivalent (FTE)
Academic Year
Fall
Semester
Headcount
Unduplicated
Annual
Headcount
Annual FTE
1993 - 94
1,055
2,900
1,164
1994 - 95
2,334
4,967
2,139
1995 - 96
3,267
6,899
2,883
1996 - 97
5,424
9,757
4,489
1997 - 98
6,857
11,860
5,708
1998 - 99
9,453
14,284
7,474
1999 - 00
10,381
15,164
7,948
2000 - 01
11,338
16,789
8,424
2001 - 02
12,443
18,357
9,317
2002 - 03
13,695
20,447
10,267
2003 - 04
15,483
21,983
10,658
2004 - 05
17,300
23,847
11,470
2005 - 06
16,859
23,734
11,394
2006 - 07
18,496
25,177*
11,993*
2007 – 08
19,620*
26,707*
12,722*
*Projected
5
South Texas College
Summary of Revenues and Expenditures, Transfers and Contingencies by Fund
Fiscal Year Ending August 31, 2008
Current & Plant Funds
Fund
Expenditures, Transfers and
Contingencies
Revenues
Unrestricted Fund
$96,054,313
$96,054,313
Auxiliary Fund
$1,437,282
$1,437,282
Restricted Fund
$40,264,380
$40,264,380
Plant Fund - Unexpended - Construction
$37,528,449
$37,528,449
Plant Fund - Renewals & Replacements
$4,765,838
$4,765,838
Plant Fund - Retirement of Indebtedness
$14,547,274
$14,547,274
6
South Texas College
Unrestricted Fund
Revenues by Source
Budget for Fiscal Year 2007 - 2008
$2,411,701
Carryover-Prior FY
2.50%
$31,589,589
State Appropriations
32.89%
$28,110,519
Local Taxes
29.27%
$3,753,156
Other Revenues
3.91%
$21,401,259
Tuition
22.28%
$8,788,089
Fees
9.15%
FY 2007-2008 Unrestricted Fund Revenues by Source
Source of Revenues
State Appropriations
Tuition
Fees
Other Revenues
Local Taxes
Carryover-Prior FY
FY '08 Budget
$
31,589,589
21,401,259
8,788,089
3,753,156
28,110,519
2,411,701
Total Revenues
$
96,054,313
7
Percentage
32.89%
22.28%
9.15%
3.91%
29.27%
2.50%
100.00%
South Texas College
Unrestricted Fund
Revenues by Source
Comparison of Previous Fiscal Year with Fiscal Year Ending August 31, 2008
FY 2006 - 2007 Unrestricted Fund Revenues by Source
$9,188,746
Carryover-Prior FY
9.57%
$30,182,226
State Appropriations
31.43%
$26,175,743
Local Taxes
27.26%
$3,135,749
Other Revenues
3.27%
$20,015,423
Tuition
20.84%
$7,331,805
Fees
7.63%
FY 2006-2007 Unrestricted Fund Revenues by Source
Source of Revenues
State Appropriations
Tuition
Fees
Other Revenues
Local Taxes
Carryover-Prior FY
FY '07 Budget
(As Amended)
$
30,182,226
20,015,423
7,331,805
3,135,749
26,175,743
9,188,746
Total Revenues
$
96,029,692
8
Percentage
31.43%
20.84%
7.63%
3.27%
27.26%
9.57%
100.00%
(Continued)
FY 2007 - 2008 Unrestricted Fund Revenues by Source
$2,411,701
Carryover-Prior FY
2.50%
$31,589,589
State Appropriations
32.89%
$28,110,519
Local Taxes
29.27%
$3,753,156
Other Revenues
3.91%
$8,788,089
Fees
9.15%
$21,401,259
Tuition
22.28%
FY 2007-2008 Unrestricted Fund Revenues by Source
Source of Revenues
State Appropriations
Tuition
Fees
Other Revenues
Local Taxes
Carryover-Prior FY
Total Revenues
$
$
FY '08 Budget
31,589,589
21,401,259
8,788,089
3,753,156
28,110,519
2,411,701
96,054,313
9
Percentage
32.89%
22.28%
9.15%
3.91%
29.27%
2.50%
100.00%
South Texas College
Unrestricted Fund
Summary of Revenues - Budget and Actual
Comparison of Previous Fiscal Years with Fiscal Year Ending August 31, 2008
FY '04
Budget
(As Amended)
Revenue Source
State Appropriations
$
FY '05
Budget
(As Amended)
FY '04
Actual
FY '05
Actual
24,173,664 $
24,128,754 $
24,365,755
14,726,145
16,741,124
18,334,464
19,551,205
Fees
3,316,714
4,158,722
4,382,225
5,311,652
Other Revenues
1,465,309
2,009,776
1,441,436
3,082,370
18,204,038
20,235,722
20,658,570
22,405,071
4,759,119
4,759,119
9,704,025
9,704,025
Tuition
Local Taxes
Carryover from Prior FY
Total Unrestricted Fund
Revenues
$
66,644,989
$
72,033,217
10
$
78,886,475
$
$
24,945,029
84,999,352
(Continued)
FY '06
Budget
(As Amended)
$
$
29,829,436
FY '06
Actual
FY '07
Actual *
FY '08
Budget
29,972,196 $
30,182,226 $
27,463,753 $
31,589,589
19,626,225
20,177,674
20,015,423
19,776,993
21,401,259
6,877,165
7,852,953
7,331,805
7,573,446
8,788,089
2,106,080
3,190,267
3,135,749
3,555,067
3,753,156
22,687,015
24,854,665
26,175,743
26,805,671
28,110,519
13,349,142
13,349,142
9,188,746
9,188,746
2,411,701
94,475,063
$
FY '07
Budget
(As Amended)
$
99,396,897 $
96,029,692 $
94,363,676 $
96,054,313
* Projected
The Unrestricted Fund includes those economic resources of the college which are expendable for the purpose of performing the primary missions of
the institution-instruction, research, and public service - and which are not restricted by external sources or designated by the governing board of other
than operating expenditures
Note: State Appropriations Revenues include state on-behalf benefits which are budgeted in the Unrestricted Fund and subsequently transferred to the
Restricted Fund for Annual Financial Report purposes.
11
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12
South Texas College
Unrestricted Fund
Expenditures by Function (Without Transfers & Contingencies)
Budget for Fiscal Year 2007 - 2008
$10,543,495
Operation &
Maintenance
11.59%
$18,766,352
Institutional Support
20.63%
$46,239,152
Instruction
50.83%
$7,619,522
Student Services
8.38%
$7,310,690
Academic Support
8.04%
$480,472
Public Service
0.53%
FY 2007-2008 Unrestricted Fund Expenditures By Function
Function
Instruction
FY '08 Budget
$
46,239,152
Public Service
Academic Support
Student Services
Institutional Support
Operation & Maintenance
Total Expenditures
(Without Transfers &
Contingencies)
$
Percentage
50.83%
480,472
0.53%
7,310,690
8.04%
7,619,522
8.38%
18,766,352
10,543,495
20.63%
11.59%
90,959,683
100.00%
13
South Texas College
Unrestricted Fund
Expenditures by Function (Without Transfers & Contingencies)
Comparison of Previous Fiscal Year with Fiscal Year Ending August 31, 2008
FY 2006 - 2007 Unrestricted Fund Expenditures by Function
$9,865,647
Operation &
Maintenance
11.60%
$43,171,832
Instruction
50.71%
$17,343,194
Institutional Support
20.37%
$6,973,810
Student Services
8.19%
$7,338,916
Academic Support
8.62%
$437,333
Public Service
0.51%
FY 2006-2007 Unrestricted Fund Expenditures by Function
Function
Instruction
FY '07 Budget
$
43,171,832
50.71%
437,333
0.51%
7,338,916
8.62%
Public Service
Academic Support
Student Services
Institutional Support
Operation & Maintenance
Total Expenditures
(Without Transfers &
Contingencies)
$
Percentage
6,973,810
8.19%
17,343,194
9,865,647
20.37%
11.60%
85,130,732
100.00%
14
(Continued)
FY 2007 - 2008 Unrestricted Fund Expenditures by Function
$10,543,495
Operation &
Maintenance
11.59%
$18,766,352
Institutional Support
20.63%
$46,239,152
Instruction
50.83%
$7,619,522
Student Services
8.38%
$7,310,690
Academic Support
8.04%
$480,472
Public Service
0.53%
FY 2007-2008 Unrestricted Fund Expenditures by Function
Function
Instruction
FY '08 Budget
$
Public Service
Academic Support
Student Services
Institutional Support
Operation & Maintenance
Total Expenditures
(Without Transfers &
Contingencies)
$
15
Percentage
46,239,152
50.83%
480,472
0.53%
7,310,690
8.04%
7,619,522
8.38%
18,766,352
10,543,495
20.63%
11.59%
90,959,683
100.00%
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16
South Texas College
Unrestricted Fund
Expenditures by Classification (Without Transfers & Contingencies)
Budget for Fiscal Year 2007 - 2008
$1,605,375
Capital
1.76%
$1,135,618
Travel
1.25%
$21,498,084
Operating
23.63%
$52,434,428
Salaries
57.65%
$14,286,178
Benefits
15.71%
FY 2007-2008 Unrestricted Fund Expenditures by Classification
Classification
Salaries
FY '08 Budget
$
Percentage
52,434,428
57.65%
Benefits
14,286,178
15.71%
Operating
21,498,084
23.63%
1,135,618
1,605,375
1.25%
1.76%
90,959,683
100.00%
Travel
Capital
Total Expenditures
(Without Transfers &
Contingencies)
$
17
South Texas College
Unrestricted Fund
Expenditures by Classification (Without Transfers & Contingencies)
Comparison of Previous Fiscal Year with Fiscal Year Ending August 31, 2008
FY 2006 - 2007 Unrestricted Fund Expenditures by Classification
$1,076,827
Travel
1.26%
$1,394,532
Capital
1.64%
$21,929,475
Operating
25.76%
$47,763,178
Salaries
56.11%
$12,966,719
Benefits
15.23%
FY 2006-2007 Unrestricted Fund Expenditures by Classification
Classification
Salaries
FY '07 Budget
$
Percentage
47,763,178
56.11%
Benefits
12,966,719
15.23%
Operating
21,929,475
25.76%
1,076,827
1,394,532
1.26%
1.64%
85,130,732
100.00%
Travel
Capital
Total Expenditures
(Without Transfers &
Contingencies)
$
18
(Continued)
FY 2007 - 2008 Unrestricted Fund Expenditures by Classification
$1,135,618
Travel
1.25%
$1,605,375
Capital
1.76%
$21,498,084
Operating
23.63%
$52,434,428
Salaries
57.65%
$14,286,178
Benefits
15.71%
FY 2007-2008 Unrestricted Fund Expenditures by Classification
Classification
Salaries
FY '08 Budget
$
Percentage
52,434,428
57.65%
Benefits
14,286,178
15.71%
Operating
21,498,084
23.63%
1,135,618
1,605,375
1.25%
1.76%
90,959,683
100.00%
Travel
Capital
Total Expenditures
(Without Transfers &
Contingencies)
$
19
South Texas College
Unrestricted Fund
Summary of Expenditures by Function and Classification
Budget for Fiscal Year 2007 - 2008
Classification
Percent
of Total
Instruction
$31,832,533
60.71%
$8,561,160
59.93%
$4,872,041
22.66%
255,012
0.49%
75,229
0.53%
132,885
0.62%
Academic Support
4,098,148
7.82%
1,123,133
7.86%
1,569,221
7.30%
Student Services
5,043,035
9.62%
1,345,109
9.42%
782,999
3.64%
Institutional Support
8,379,893
15.98%
2,371,724
16.60%
7,264,073
33.79%
Operation & Maint - Plant
2,825,807
5.39%
809,823
5.67%
6,876,865
31.99%
Total - Without
Transfers & Contingencies
Percent of Total Expenditures
without Transfers & Contingencies
Operating
Percent
of Total
Salaries
Public Service
Benefits
Percent
of Total
Function
$52,434,428
$14,286,178
$21,498,084
57.65%
15.71%
23.63%
20
(Continued)
Percent
of Total
Travel
$510,728
44.97%
17,346
1.53%
164,188
14.46%
148,379
Percent
of Total
Capital
$462,690
Percent
of Total
Budget
Total
28.82%
$46,239,152
50.83%
0.00%
480,472
0.53%
356,000
22.18%
7,310,690
8.04%
13.07%
300,000
18.69%
7,619,522
8.38%
263,977
23.25%
486,685
30.32%
18,766,352
20.63%
31,000
2.73%
0.00%
10,543,495
11.59%
100.0%
$1,135,618
$1,605,375
$90,959,683
1.25%
1.76%
100.00%
Transfers and Contingencies
Transfer-Construction Fund
Transfer-PPFCO Debt
Transfer-MTR Bond Series 2007
Contingency
Insurance Contingency
Total Transfers and Contingencies
2,500,000
266,030
128,600
1,000,000
1,200,000
$5,094,630
Total Unrestricted Budget Expenditures/Transfers/Contingencies
21
$96,054,313
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22
South Texas College
Unrestricted Fund
Summary of Capital Expenditures - By Function and Organization
Budget for Fiscal Year 2007 - 2008
Organization Name
Hidalgo Technology Center
Distance Education Instructional
Automotive Technology
CADD
English
Respiratory Therapy
Distance Education Technology
Organization
Total
100035
211001
221402
221404
223006
224025
520001
250,000
28,000
19,200
35,550
8,000
35,000
86,940
Total Instruction
Library Acquisition
BAT and Support Materials
Library Art Gallery
Instructional Technologies
462,690
530002
530008
530010
540001
Total Academic Support
Student Services Development
Admissions & Records
356,000
300003
320001
Total Student Services
Public Information
Business Office
Security
ITS Project Manager
Phones Central Office
Information Technology
Technology Support
226,000
80,000
10,000
40,000
50,000
250,000
300,000
120000
410013
450002
510005
520002
520004
520005
Total Institutional Support
9,000
198,000
70,000
35,000
20,000
139,646
15,039
486,685
Total Capital Expenditures
$1,605,375
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24
South Texas College
Summary of Revenues and Expenditures - Budget and Actual
Comparison of Previous Fiscal Years with Fiscal Year Ending August 31, 2008
Auxiliary Fund
Fiscal Year
Revenues / Expenditures
Budget
Actual*
1994-1995
Revenues
Expenditures and Transfers
1,303,686
997,604
612,895
518,341
1995-1996
Revenues
Expenditures and Transfers
266,000
148,500
609,814
466,720
1996-1997
Revenues
Expenditures and Transfers
149,000
149,000
217,692
148,506
1997-1998
Revenues
Expenditures and Transfers
174,000
174,000
298,784
186,011
1998-1999
Revenues
Expenditures and Transfers
197,000
197,000
336,059
214,603
1999-2000
Revenues
Expenditures and Transfers
389,238
389,238
501,662
270,043
2000-2001
Revenues
Expenditures and Transfers
488,749
488,749
473,025
351,262
2001-2002
Revenues
Expenditures and Transfers
765,291
765,291
563,045
254,762
2002-2003
Revenues
Expenditures and Transfers
840,344
840,344
666,476
380,737
2003-2004
Revenues
Expenditures and Transfers
848,165
848,165
743,075
346,671
2004-2005
Revenues
Expenditures and Transfers
914,608
914,608
845,373
411,684
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South Texas College
Summary of Revenues and Expenditures - Budget and Actual
Comparison of Previous Fiscal Years with Fiscal Year Ending August 31, 2008
Auxiliary Fund
Fiscal Year
Revenues / Expenditures
Budget
Actual*
2005-2006
Revenues
Expenditures and Transfers
1,093,059
1,093,059
917,550
438,747
2006-2007
Revenues
Expenditures and Transfers
1,126,357
1,126,357
1,126,357
1,126,357
2007-2008
Revenues
Expenditures and Transfers
1,437,282
1,437,282
* Projected for Fiscal Year 2007
26
South Texas College
Summary of Revenues and Expenditures - Budget and Actual
Comparison of Previous Fiscal Years with Fiscal Year Ending August 31, 2008
Restricted Fund
Fiscal Year
Revenues / Expenditures
Budget
Actual*
1994-1995
Revenues
Expenditures and Transfers
987,739
987,739
1,987,400
1,809,153
1995-1996
Revenues
Expenditures and Transfers
1,294,224
1,294,224
4,571,195
4,355,543
1996-1997
Revenues
Expenditures and Transfers
2,268,000
2,268,000
7,915,978
7,854,048
1997-1998
Revenues
Expenditures and Transfers
13,121,691
13,121,691
13,936,818
13,654,382
1998-1999
Revenues
Expenditures and Transfers
16,773,620
16,773,620
22,577,660
22,938,662
1999-2000
Revenues
Expenditures and Transfers
21,718,987
21,718,987
26,363,571
26,616,647
2000-2001
Revenues
Expenditures and Transfers
28,122,005
28,122,005
29,711,610
30,259,793
2001-2002
Revenues
Expenditures and Transfers
30,532,504
30,532,504
38,545,570
39,326,069
2002-2003
Revenues
Expenditures and Transfers
38,497,102
38,497,102
42,876,466
43,472,697
2003-2004
Revenues
Expenditures and Transfers
39,827,894
39,827,894
42,677,367
43,279,326
2004-2005
Revenues
Expenditures and Transfers
41,055,097
41,055,097
45,575,896
46,374,535
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South Texas College
Summary of Revenues and Expenditures - Budget and Actual
Comparison of Previous Fiscal Years with Fiscal Year Ending August 31, 2008
Restricted Fund
Fiscal Year
Revenues / Expenditures
Budget
Actual*
2005-2006
Revenues
Expenditures and Transfers
37,124,890
37,124,890
45,239,130
45,471,804
2006-2007
Revenues
Expenditures and Transfers
38,529,808
38,529,808
38,529,808
38,529,808
2007-2008
Revenues
Expenditures and Transfers
40,264,380
40,264,380
* Projected for Fiscal Year 2007
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South Texas College
Summary of Revenues and Expenditures
Fiscal Year Ending August 31, 2008
Plant Funds
Fund
Expenditures, Transfers and
Reserves
Revenues
Plant Fund - Unexpended - Construction
$37,528,449
$37,528,449
Plant Fund - Renewals & Replacements
$4,765,838
$4,765,838
Plant Fund - Retirement of Indebtedness
$14,547,274
$14,547,274
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30
A RESOLUTION ADOPTING THE BUDGET OF
SOUTH TEXAS COLLEGE FOR THE FISCAL YEAR
BEGINNING SEPTEMBER 1, 2007 AND ENDING
AUGUST 31, 2008 IN ACCORDANCE WITH THE
PROVISIONS OF THE TEXAS EDUCATION CODE
AND ORDERING OTHER PROVISIONS RELATED TO
THE SUBJECT MATTER HEREOF.
BE IT ORDERED BY THE BOARD OF TRUSTEES OF SOUTH TEXAS
COLLEGE, THAT:
SECTION I:
The Budget Estimate of revenues for South Texas College District
(the “College District”) and the expenses of conducting the affairs thereof for the ensuing fiscal
year beginning September 1, 2007, and ending August 31, 2008, as submitted by the President of
the College, be, and the same is in all things, adopted and approved as the budget of all of the
current revenues and expenses for the fiscal year beginning the 1st day of September, 2007, and
ending the 31st day of August, 2008.
SECTION II:
The amount of ad valorem taxes and revenue from other sources,
as estimated by the President, is hereby appropriated out of the various Funds for the payment of
operating expenses and capital outlay of the College District. A copy of the Budget Summary
indicating such revenues and appropriating their expenditures is attached hereto and made a part
hereof for all purposes as Exhibit “A” and shall remain on file in the Office of the President.
SECTION III:
The sums indicated in Exhibit “A” are hereby appropriated in the
Unrestricted Fund and College’s Debt Service Fund out of the current year ad valorem taxes as
collected for the purposes of maintenance and operation of the College District, as applicable,
and applying the interest due on the general obligation bonds, redeeming the bonds as they
mature, and creating sinking funds as required by such bonds.
31
SECTION IV:
All Resolutions or parts of Resolutions in conflict herewith are
hereby repealed.
SECTION V:
This Resolution shall be and remain in full force and effect as of
September 1, 2007.
SECTION VI:
If any part, or parts, of this Resolution are found to be invalid or
unconstitutional by a court having competent jurisdiction, then such invalidity or unconstitutionality
shall not affect the remaining parts hereof and such remaining parts shall remain in full force and
effect, and to the extent this Resolution is considered severable.
CONSIDERED, PASSED and APPROVED this _____ day of August, 2007 at a meeting of
the Board of Trustees of South Texas College District at which a quorum was present and
which was held in accordance with the Texas Government Code Chapter 551.
SIGNED this _____ day of August, 2007.
SOUTH TEXAS COLLEGE DISTRICT
BY: ________________________
Irene Garcia, Chair
ATTEST:
By: ___________________________
Mike Allen, Secretary
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