ࡱ> EGD`  )bjbjss 8. %```````txxx8<$t"h">>>>>>"""""""$$h&,"E`X>>XX,"``>>q"nnnX|`>`>"nX"nnr``2 > 0]jx ""0"z'h'2 2 '`F >"`nx>>>,"," d>>>"XXXXttt xtttxttt`````` 2004-2005 ACCREDITATION ANNUAL FISCAL REPORT Accrediting Commission for Community and Junior Colleges College Name DUE BY APRIL 15, 2006 Prepared by____Marcy Drummond_______Telephone___213-763-7036___E-mail____drummomj@lattc.edu Please submit a copy of your institutions 2004-05 independent audit report and audited financial statements.* Also, submit the institutions response(s) to any audit exceptions. Enlist the assistance of appropriate officers in your institution to ensure the accuracy of information submitted. *(See Note on Page 2.) What was your total institutional net unrestricted surplus or shortfall for 2004-2005 (last fiscal year)? Report the difference between the unrestricted revenues and expenditures. Do not include the prior year fund balance in this figure, nor any contribution from categorical, capital projects, or other funds. $_____1,574,419______ If your answer above indicates a deficit, what is the institutions plan to address it? What is your institutions unrestricted reserve as a percentage of your 2004-2005 unrestricted expenditures? ______3.78______________% If your institution had to issue debt for cash flow purposes, please indicate the amount and the purpose. $_____________________ Purpose: When compared to 2003-2004, indicate whether your enrollments or full-time equivalent students for 2004-2005: Declined____X__ Remained Level________ Increased________ 5. Does the institution participate in federal financial aid? __X___Yes _____No 5a. If so, which programs? (Check all that apply.) j Pell (Federal Pell Grant) - X j FSEOG (Federal Supplement Educational Opportunity Grant) - X j FWS (Federal Work Study) - X j LEAP SEE REVERSE SIDE j FFELP subsidized (Stafford Loan Program) j FFELP unsubsidized (Stafford Loan Program) j Direct (Federal Direct Student Loan Program) j PLUS (Parent Loans for Undergraduate Students) j Perkins Loans - X j Federal Direct Loans j Other Please List_______________________________________________________ _______________________________________________________________________ 5b. What is the colleges 2003-04 student loan default rate? ___0%_______ 5c. What is the number of participants in repayment for 2003-04? ___149____ *Note:  &efstu|    »ﴭӕvnin_hoho5>* h5h8uEh8uE5h Uh8uECJaJh U hXT>* h Uh UhZdh UhM5\ hu 5\ h|O5\ hM5\ hDO}5\ hOj5\h Uh 5\ h 5\ hkS5\ h,U5\ hR5\ hk15\h UhkS5\ hK5\%-fstu) * b c ~ T V  hgd & F 8hh^hgd h0`0gds & F 8hh^hgd[ hgdDO}gd U$a$( )     ) 5 W X Z ^ k v   ' ( ) * > K L ] y z ~  ½¸|qiqiqihB*phhshMB*phh[hMhu hohOOhohOO>* h Uh(h,Uh h Uhv h UhkSh|O hDO}5 h5 heu5h h 5hh 5 h5>* h 5>*h8uEh8uE5>* hu 5>*hoh8uE5>*) a b c d f g l u { } 2 3 7 8 9 F U V Y _ c g q r s  % 6 x վ’hhbh}hIrS h Uhhu hhh|O5 h5hh5hhh|O hXT>* h Uhv h,Uh"ghsh(h:(hsh:(B*phhB*phhshMB*ph4V t u v   w x "J gdK hgd,U h^gd hgdhb hgd & F h`gd h0`0gd  "$TV@FHJLNPV½͔͔ͨͨͨyhMh[qZhXThJ5hxFe5CJ\aJhMhJZhXThXT5hXT hMh[qhxFehxFe5CJ\aJ hxFeZ hMh[h( hMhJ hMh,Uh,Uh[ hm>* h UhkSh hXT>*hhbh}/Jr6bwx  @gd|O @gd[ $ a$gdgdK $ a$gd} gdK$&prtvx2468:<>LX^`bdüîÓÌ܃΃wohXThJ5hXThXT5hXT hxFeZhU hMhU hMh khMh kZhF:6hMhF:6Z hMhF:6 hMhM hMhJhxFe5CJ\aJhxFehxFe5CJ\aJhMhJZhhbh}5 h}5h}h[q hMh[q+dfh6wxyz~   (((((((¾ž¯¯hAXnjhAXnUhhbhhb5U hhb5hRh)Fh[hxl hXT>*h[_ h UhkSh,UhhbhMho h|O\ h=?\hxFehxFe\hxFe hMhMhxFe5CJ\aJhxFehxFe5CJ\aJ2ACCJC requires an independent audit of each ACCJC accredited college, or when a college part of a multi-college district or system in which all the colleges are ACCJC accredited, an independent audit of the district or system.     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