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Fact Sheet - Fort Scott Community College

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<strong>Fort</strong> <strong>Scott</strong> <strong>Community</strong> <strong>College</strong> <strong>Fact</strong> <strong>Sheet</strong><br />

April 2013<br />

<strong>Fort</strong> <strong>Scott</strong> <strong>Community</strong> <strong>College</strong> has kept its mill levy stable:<br />

FSCC’s current mill levy of 25.36 mills is nearly the same as it was in 1999-2000 (22.4<br />

mills in 1999-2000—only a 13.3% increase since then.)<br />

<strong>Fort</strong> <strong>Scott</strong> <strong>Community</strong> <strong>College</strong> compares quite well to other community colleges:<br />

<br />

<br />

<br />

Of the 18 other community colleges in Kansas, eight community colleges have a smaller<br />

mill levy than FSCC. However, only three of those eight community colleges generate<br />

less revenue from property tax than FSCC does. Currently, FSCC’s mill levy generates<br />

$2.518 million in property tax revenue for the college.<br />

Two of the other eighteen community colleges receive a smaller percentage of property<br />

tax revenue than FSCC. Currently, local property tax revenue accounts for 21% of FSCC’s<br />

revenue.<br />

One of the other eighteen community colleges has less average spending per full-time<br />

equivalent student than FSCC.<br />

<strong>Fort</strong> <strong>Scott</strong> <strong>Community</strong> <strong>College</strong> provides an excellent return on investment to<br />

Bourbon County:<br />

<br />

<br />

<br />

Bourbon County is receiving a $7.98 to $1.00 return on investment ($18.448 million/<br />

2.311 million) for its local property tax dollars. When looking solely at the general fund<br />

budget, Bourbon County receives a return of $4.75 for each local dollar spent at FSCC<br />

($10.978 million /$2.311 million). The $4.75 return on investment is stronger than<br />

fourteen of the other eighteen community colleges in the state.<br />

Only four of the eighteen other community colleges have a better return on investment<br />

ratio.<br />

FSCC has grown student enrollment by 24% since 2000-2001 (from 40,925 credit hours<br />

in 2000-2001 to 50,573 credit hours in 2011-2012)<br />

Tuition and fee charges have increased at an annual rate of less than 6% since 2000-<br />

2001 (from $45 in 2000-2001 to $81 in 2011-2012). This rate is well below the tuition<br />

increases seen over those years at state universities.<br />

<br />

FSCC generates $6.295 million in annual payroll. If circulated four times (conservatively)<br />

in the local community and region, FSCC has an economic impact of 25.18 million.


Comparative Revenue Analysis<br />

<strong>Fort</strong> <strong>Scott</strong> <strong>Community</strong> <strong>College</strong><br />

2013<br />

<strong>Fort</strong> <strong>Scott</strong> <strong>Community</strong> <strong>College</strong> generated 50,573 credit hours in 2011-2012 and served 3,430<br />

full-time and part-time students during that same time.<br />

Bourbon County is receiving a $7.98 to $1.00 return on investment ($18.448 million/$2.311<br />

million) for its local property tax dollars. When looking solely at the general fund budget,<br />

Bourbon County receives a return of $4.75 for each local dollar spent at FSCC ($10.978 million /<br />

$2.311million). The $4.75 return on investment is stronger than fourteen of the other eighteen<br />

community colleges in the state.<br />

Out of the 19 community colleges in Kansas, FSCC ranks 10 th in credit hours, ahead of<br />

Coffeyville <strong>Community</strong> <strong>College</strong> (CCC), Independence <strong>Community</strong> <strong>College</strong> (ICC), Labette County<br />

<strong>Community</strong> <strong>College</strong> (LCCC), and Neosho County <strong>Community</strong> <strong>College</strong> (NCCC).<br />

FSCC’s mill levy of 25.36 mills is lower than four of the other five community colleges in<br />

Southeast Kansas, and FSCC generates less revenue from property taxes than these same<br />

colleges. FSCC’s credit hour production is higher than these same community colleges, and<br />

Bourbon County receives a stronger return on its local property tax dollars as well.<br />

Bourbon County is receiving a $7.98 to $1.00 return on investment ($18.448 million/$2.311<br />

million) for its local property tax dollars. When looking solely at the general fund budget,<br />

Bourbon County receives a return of $4.75 for each local dollar spent at FSCC ($10.978 million /<br />

$2.311million). The $4.75 return on investment is stronger than fourteen of the other eighteen<br />

community colleges in the state.<br />

<strong>Community</strong> <strong>College</strong> Mill Levy Property Tax Revenue Return on Investment<br />

Allen County 16.793 $1.546 million $6.76<br />

Coffeyville 36.727 $8.822 million $2.16<br />

<strong>Fort</strong> <strong>Scott</strong> 25.357 $2.311 million $4.75<br />

Independence 33.867 $4.649 million $1.92<br />

Labette County 35.577 $4.205 million $3.50<br />

Neosho County 33.782 $4.172 million $3.00

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