Montgomery College FY22 Operating Budget and CIP Follow-Up PURPOSE: Review and Make Recommendations for Council Consideration Expected Participants: • Dr
E&C COMMITTEE #2 May 3, 2021 Worksession M E M O R A N D U M April 28, 2021 TO: Education and Culture Committee FROM: Nicole Rodríguez-Hernández, Legislative Analyst Craig Howard, Deputy Director SUBJECT: Worksession – Montgomery College FY22 Operating Budget and CIP Follow-up PURPOSE: Review and make recommendations for Council consideration Expected Participants: • Dr. DeRionne Pollard, President of Montgomery College • Linda Hickey, Budget Coordinator, MC • Liz Greaney, Chief Business/Financial Strategy Office, MC • Susan Madden, Chief Government Relations Officer, MC • Donna Schena, Senior Vice President for Administrative and Fiscal Services, MC • Kristina Schramm, Interim Director, Capital Planning, Design, and Engineering, MC • Rafael Murphy, Fiscal and Policy Analyst, Office of Management and Budget FY21 FY22 Change from Montgomery College Approved CE Recommended FY21 Approved Current Fund $268,165,660 $264,704,984 (1.3%) FTE 1,803.35 1,803.35 Grant Fund $18,782,000 $17,355,000 (7.6%) FTE 0.0 0.0 Emergency Repair Fund $350,000 $350,000 -- FTE 0.0 0.0 Auxiliary Fund $1,941,300 $1,880,000 (3.2%) FTE 2.0 2.0 Workforce Dev. & Continuing Ed. $20,712,172 $19,995,716 (3.5%) FTE 93.5 93.5 -- Cable Television Fund $1,796,800 $1,796,800 -- FTE 11.0 11.0 Major Facilities Reserve Fund $2,000,000 $2,000,000 -- FTE 0.0 0.0 MC Grants Tax Supported Fund $400,000 $400,000 -- FTE 0.0 0.0 Transportation Fund $4,200,000 $4,100,000 (2.4%) FTE 1.0 1.0 -- $318,347,932 $312,585,500 (1.8%) Total Expenditures (All Funds) 1,910.85 FTEs 1,910.85 FTEs -- Today’s worksession will focus on Montgomery College’s FY22 operating budget and amendments to the FY21-26 CIP.
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