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' . !' I S ;) ;) j ) . : 2005-2006 ACCREDITATION ANNUAL FISCAL REPORT
Accrediting Commission for Community and Junior Colleges
College Name/College Names in Multi-College Districts
DUE BY APRIL 2, 2007
Prepared by___Marcy Drummond___________Telephone__213.763.7043___E-mail_drummondmj@lattc.edu
Please submit a copy of your institutions 2005-06 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 2005-2006 (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.
$___1,378,733________
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 2005-2006 unrestricted expenditures?
_____3.06___________%
If your institution had to issue debt for cash flow purposes, please indicate the amount and the purpose.
$_____________________
Purpose:
When compared to 2004-2005, indicate whether your enrollments or full-time equivalent students for 2005-2006:
Declined___X____ Remained Level________ Increased________
5. Does the institution parti c i p a t e i n f e d e r a l f i n a n c i a l a i d ? _ _ X _ _ Y e s _ _ _ _ _ N o
5 a . I f s o , w h i c h p r o g r a m s ? ( C h e c k a l l t h a t a p p l y . )
j P e l l ( F e d e r a l P e l l G r a n t ) - X
j F S E O G ( F e d e r a l S u p p l e m e n t E d u c a t i o n a l O p p o r t u n i t y G r a n t ) - X
j F W S ( F e d e r a l W o r k S t u d y ) - X
j L E A P
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j F F E L P u n s u b s i d i z e d ( S t a f f o r d L o a n P r o g r a m )
j D i r e c t ( F e d e r a l D i r e c t S t u d e n t L o a n P r o g r a m )
j P L U S ( P a r e n t L o a n s f o r U n d e r g r a d u a t e S t u d e n t s )
P e r k i n s L o a n s - X
F e d e r a l D i r e c t L o a n s O t h e r P l e a s e L i s t _ _ _ ____________________________________________________ _______________________________________________________________________
5b. What is the colleges 2004-05 student loan default rate? ____0%____
5c. What is the number of participants in repayment for 2004-05? ____2_____
*Note:
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If a multi-college district/system completes one annual fiscal report form for all of its colleges, each colleges name should appear at the top of the form, and questions 4, 5b., and 5c. should be answered for each college.
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