ENROLLMENT DOWN, BUDGET UP
June 12, 2017 By Dave Wilson
Chancellor Cesar Maldonado rolled out his $348,254,943.00 Houston Community College (HCC) proposed unrestricted expenditure budget for 2017-2018. Our 2011-2012 budget was $263,297,571.00. The 2017 budget represent an increase of $84,957,372.00, which figures to be a 32.3 % increase.
This budget might be acceptable if enrollment increase by 32.3 %. But it did not.
Actually the enrollment declined according to the 2017 Texas Public Higher Education Almanac which is published by the Texas Higher Education Coordinating Board. Our Full-time Student Equivalent (FTSE) for 2011 was 57,615 and for 2016 (the latest data available) was 47,197. We have had a decline of 10,418 FTSE which figures to be 18.1% decline.
FTSE analysis – Budget up 32.3%. Enrollment down 18.1%.
If one uses contact hours for enrollment figures, our Comprehensive Annual Financial Report 2015-2016 (latest report available) reports 25,890,022 contact hours for 2012-13 and from TACC we reported 22,928,216 contact hours for 2016-17. We have a decline of 2,961,806 contact hours which figures to be a 11.4% decline.
Contact Hour analysis – Budget up 32.3%. Enrollment down 11.4%.
How did we educate 57,615 students in 2011-12 for $263M?
Why does it cost $348M to educate 47,197 students in 2017-18?
At the current pace, by the year 2043, we will have ZERO students and our budget will be $733M. We need a change in our CULTURE at HCC!