Phoenix College Students

Phoenix College Financial Reports

Current Fiscal Year Information

College Budget Sessions (Presentation) - This document is the PowerPoint presentation that was delivered at various campus sessions during February 2019. It provides information on the college's budget including funding priorities, generation and usage of 'one-time' funds, budget allocations by category, and the impact on the college's base budget as a result of the current enrollment decline.

College Budget Sessions (Q&A) - This document is a comprehensive listing of questions and answers generated at the six budget sessions (note: repeated questions have been combined).

FY19-20 Adopted Budget to the Board - This document is a summary of the budget for MCCCD that was approved by the Board. It contains information on MCCCD's revenue, expenditures, full-time positions, combined tax rate, and statistical information.

FY19-20 Base Budget Allocations - This report lists the college’s annual budget allocations at the start of the fiscal year. The starting budget allocation is referred to as base budget. Note: to view the breakdown of allocations within a department, click the "plus sign" symbol located to the far left of each account. 

FY19-20 Budget Savings Summary (updated quarterly) (first quarter will be posted October 1st) This report is a summary of the budget savings related to changes with full-time personnel. There are three categories of budget savings. Please see the report for definitions and examples of each budget savings category.

FY19-20 One-Time Funding Requests Approved - This report lists the requests, or college priorities, that were approved for one-time funding. One-time funds must be spent by the end of the fiscal year in which the funds were allocated. A one-time allocation is temporary and different than a base budget allocation. 

FY19-20 One-Time Funding Requests Remaining - This report lists the requests that have been prioritized by the President's Executive Council, but have NOT been funded. If funds become available during the fiscal year, the top priority in one of the two categories will be funded. Note: the rankings may change as new requests are received and prioritized against this current listing. 

New Budget Model (Annual Process and Target Dates) - This document is a summary of the annual process, with target dates, for the college's new budget model. The annual process begins each year on February 1st. 

Request Form for One-Time Funding -  This form is used to submit a request for one-time funding. Submission of the form does not guarantee funding, but all submissions will be reviewed. If funded, allocated amounts must be spent by the end of the fiscal year in which the funds were allocated. 

FY18-19 Adopted Budget to the Board - This document is PC’s portion of the MCCCD budget document submitted to the Governing Board for budget adoption.

FY18-19 Base Budget Allocations - This report lists the college’s annual budget allocations at the start of the fiscal year. The starting budget allocation is referred to as base budget.

FY18-19 Budget Savings Summary - This report is a summary of the budget savings related to changes with full-time personnel. There are three categories of budget savings. Please see the report for definitions and examples of each budget savings category.

FY18-19 Fund 1 Snapshot - This report is a snapshot of the college’s annual budget (i.e. operational fund).  Operational fund activity is budgeted and accounts for various activities related to the day to day operations of the college. This report lists the base budget allocated to each object code at the start of the fiscal year, the ending budget level in each object code at the end of the fiscal year, the total expenses charged to each object code for the full fiscal year, and the ending balance.

FY18-19 Fund 2 Snapshot - This report is a snapshot of the college’s revenue fund (i.e. auxiliary fund). Auxiliary fund activity includes revenue generated from various activities such as course fees, rentals and events. This report lists the total revenue generated in each account for the full fiscal year, the total expenses charged to each account for the full fiscal year, and each account balance at the end of the fiscal year.

FY18-19 Fund 3 Snapshot (not available) - This report is a snapshot of the college’s restricted fund. Restricted fund activity includes revenue received from donors and government entities and is often given with certain restrictions and conditions. This fund does not include donations made to the Maricopa Foundation. This report lists the total revenue generated in each account for the full fiscal year, the total expenses charged to each account for the full fiscal year, and each account balance at the end of the fiscal year.

FY18-19 Fund 7 Snapshot (to be posted by October 1st) - This report is a snapshot of the college’s capital fund (i.e. plant fund). Plant fund activity is budgeted and accounts for the various activities related to the capital operations of the college. This report lists the fund balance available in the college capital fund. In addition, it lists historical data for the college’s 2004 bond initiative.

FY18-19 Fund 9 Snapshot - This report is a snapshot of the college’s additional revenue fund (i.e. agency fund). Agency fund activity includes revenue generated from various activities such as clubs, fundraising, and conferences. This report lists the total revenue generated in each account for the full fiscal year, the total expenses charged to each account for the full fiscal year, and each account balance at the end of the fiscal year.

New Budget Model (Presentation) -  This document is the PowerPoint presentation, created by the budget task force, that was delivered at various campus sessions. It describes the work of the budget task force and provides details on the college's new budget model, which becomes effective for budget allocations in FY20-21. 

FY18-19 One-Time Funding Requests Approved - This report lists the requests, or college priorities,that were approved for one-time funding.