2015-2016 Community Report-PROOF3

SIC Budget Summary
Southeastern Illinois College District 533
Current Operating Funds Legal Budget
for the Year ending June 30, 2016
Budgeted Revenues By Sources
Local Taxes and Chargebacks
State Government
Tuition and Fees
Other Sources & Transfers IN
Total Budgeted Revenues & Transfers
#’s in Millions
2.15
4.70
4.06
0.51
11.8
Budgeted Revenues by Sources
Budgeted Revenues by Sources
% of Total
18%
44%
34%
4%
100%
34%
34%
18%
18%
4%
44%
4%
44%
State
Other
Local Tax
Students
State
Other
Local Tax
Students
SIC will end 2016 being
owed $2 million from the
State. The college will then
begin 2017 with only 33
% of its expected revenue
from the State, leaving over
$2 million in question –
again! Revenues helped
mitigate this unprecedented
State impasse, but Springfield
must fix their problems
soon for all of Illinois
higher education.
Budgeted Program Expenses
Instruction and Academic Support
Student Services
Institutional Support
Building and Grounds
0.76
Budgeted Program Expenses
Transfers Out
Total Budgeted Expenses & Transfers
Budgeted Program Expenses
37%
21% 21%
6%
23%
23%
13%
13%
6%
#’s in Millions
4.31
2.50
2.75
1.48
11.8
Student Services Student Services
Building and Building Groundsand Grounds
Transfers Out
Transfers Out
Institutional
Institutional
Instruction
Instruction
% of Total
37%
21%
23%
13%
6%
100%
14