up
Budget Year / Version:
anchor
anchor

Mission Statement

Montgomery College provides postsecondary educational programs from campuses located in Takoma Park/Silver Spring, Rockville, Germantown, and East County. It serves four broad groups of students:

  • those who want the first two years of a university education, either for an associate's degree or preparation for another program;
  • those who want to prepare for a career that does not require a bachelor's degree;
  • highly capable high school juniors and seniors who participate in special programs; and
  • adults who want to continue their education, either to improve job skills or for personal enrichment.

anchor

Budget Overview

The total approved FY25 Operating Budget for Montgomery College is $334,695,418, a decrease of $10,469,640 or 3.0 percent from the FY24 Approved Budget of $345,165,058. Personnel Costs comprise 0.00 percent of the budget for no full-time position(s) and no part-time position(s), and a total of 1,926.35 FTEs. Total FTEs may include seasonal or temporary positions and may also reflect workforce charged to or from other departments or funds. Operating Expenses account for the remaining 100.00 percent of the FY25 budget.


Montgomery College's approved budget is not detailed in this document. That budget may be found on the College's web site at www.montgomerycollege.edu/Departments/budget or obtained by contacting the Office of Management and Budget, Montgomery College, 9221 Corporate Boulevard, Rockville, Maryland 20850, phone 240.567.7292.

County Priority Outcomes

While this program area supports all eight of the County Result Areas, the following are emphasized:

  • Thriving Youth and Families
  • A Growing Economy

Budget Trends
anchor
Program Contacts

Contact Linda Hickey of the Montgomery College at 240.567.7292 or Julie Knight of the Office of Management and Budget at 240.777.2760 for more information regarding this agency's operating budget.

Related Links
Budget Summary
TitleActual
FY23
Budget
FY24
Estimate
FY24
Approved
FY25
%Chg
Bud/App
CURRENT FUND MC
EXPENDITURES
Salaries and Wages0.000.00 0.00 0.000.0
Employee Benefits0.000.00 0.00 0.000.0
Current Fund MC Personnel Costs0.000.00 0.00 0.000.0
Operating Expenses252902963.00280235062.00 262284570.00 283008780.001.0
Current Fund MC Expenditures252902963.00280235062.00 262284570.00 283008780.001.0
PERSONNEL
Full-Time0.000.00 0.00 0.000.0
Part-Time0.000.00 0.00 0.000.0
FTEs1813.851813.85 1813.85 1813.850.0
REVENUES
Other Student Fees: Current Fund2775717.002698136.00 2849605.00 2872459.006.5
Tuition and Fees: Current Fund58423960.0058997700.00 62309730.00 61053605.003.5
Fed. State & Priv. Gifts & Grants313524.00500000.00 400000.00 400000.00-20.0
State Aid55636831.0057514404.00 57514404.00 56114579.00-2.4
Current Fund: Other Revenue1480007.001256949.00 4720618.00 3258949.00159.3
Current Fund: Performing Arts Center111053.00115000.00 112000.00 115000.000.0
Current Fund: Interest1492099.001000000.00 1826554.00 1700000.0070.0
Current Fund MC Revenues120233191.00122082189.00 129732911.00 125514592.002.8
 
EMERGENCY REPAIR FUND
EXPENDITURES
Salaries and Wages0.000.00 0.00 0.000.0
Employee Benefits0.000.00 0.00 0.000.0
Emergency Repair Fund Personnel Costs0.000.00 0.00 0.000.0
Operating Expenses345512.00350000.00 198000.00 350000.000.0
Emergency Repair Fund Expenditures345512.00350000.00 198000.00 350000.000.0
PERSONNEL
Full-Time0.000.00 0.00 0.000.0
Part-Time0.000.00 0.00 0.000.0
FTEs0.000.00 0.00 0.000.0
REVENUES
EPMRF: Investment Income Non-Pooled21304.0010000.00 26000.00 18000.0080.0
Emergency Repair Fund Revenues21304.0010000.00 26000.00 18000.0080.0
 
GRANT FUND MC
EXPENDITURES
Salaries and Wages0.000.00 0.00 0.000.0
Employee Benefits0.000.00 0.00 0.000.0
Grant Fund MC Personnel Costs0.000.00 0.00 0.000.0
Operating Expenses23819972.0018995000.00 12200000.00 18133500.00-4.5
Grant Fund MC Expenditures23819972.0018995000.00 12200000.00 18133500.00-4.5
PERSONNEL
Full-Time0.000.00 0.00 0.000.0
Part-Time0.000.00 0.00 0.000.0
FTEs0.000.00 0.00 0.000.0
REVENUES
Federal/State/Private Grants23819972.0018995000.00 12200000.00 18133500.00-4.5
Grant Fund MC Revenues23819972.0018995000.00 12200000.00 18133500.00-4.5
 
AUXILIARY FUND
EXPENDITURES
Salaries and Wages0.000.00 0.00 0.000.0
Employee Benefits0.000.00 0.00 0.000.0
Auxiliary Fund Personnel Costs0.000.00 0.00 0.000.0
Operating Expenses1238635.001959598.00 1470985.00 1959598.000.0
Auxiliary Fund Expenditures1238635.001959598.00 1470985.00 1959598.000.0
PERSONNEL
Full-Time0.000.00 0.00 0.000.0
Part-Time0.000.00 0.00 0.000.0
FTEs2.003.00 3.00 3.000.0
REVENUES
Sales569263.00896000.00 625741.00 896000.000.0
Auxiliary Fund: Interest Income133436.0010500.00 116540.00 75000.00614.3
Other Revenues: Miscellaneous284736.00369050.00 403420.00 369050.000.0
Auxiliary Fund Revenues987435.001275550.00 1145701.00 1340050.005.1
 
WORKFORCE DEVELOPMENT & CONTINUING ED
EXPENDITURES
Salaries and Wages0.000.00 0.00 0.000.0
Employee Benefits0.000.00 0.00 0.000.0
Workforce Development & Continuing Ed Personnel Costs0.000.00 0.00 0.000.0
Operating Expenses14669415.0022748598.00 17469000.00 22748598.000.0
Workforce Development & Continuing Ed Expenditures14669415.0022748598.00 17469000.00 22748598.000.0
PERSONNEL
Full-Time0.000.00 0.00 0.000.0
Part-Time0.000.00 0.00 0.000.0
FTEs93.5093.50 93.50 97.504.3
REVENUES
Tuition and Fees: Continuing Education7139747.008724406.00 6215432.00 7000000.00-19.8
State Aid10422943.0013578568.00 13578568.00 13774560.001.4
Other Revenues: Interest206297.000.00 325000.00 320000.000.0
Other Revenues; Miscellaneous0.0075000.00 0.00 0.00-100.0
Workforce Development & Continuing Ed Revenues17768987.0022377974.00 20119000.00 21094560.00-5.7
 
CABLE TELEVISION FUND
EXPENDITURES
Salaries and Wages0.000.00 0.00 0.000.0
Employee Benefits0.000.00 0.00 0.000.0
Cable Television Fund Personnel Costs0.000.00 0.00 0.000.0
Operating Expenses1741148.001976800.00 1716704.00 1894942.00-4.1
Cable Television Fund Expenditures1741148.001976800.00 1716704.00 1894942.00-4.1
PERSONNEL
Full-Time0.000.00 0.00 0.000.0
Part-Time0.000.00 0.00 0.000.0
FTEs11.0011.00 11.00 11.000.0
REVENUES
Cable: Other Revenue12154.00269840.00 21000.00 15000.00-94.4
Cable Television Fund Revenues12154.00269840.00 21000.00 15000.00-94.4
 
ENDOWMENT FUND
EXPENDITURES
Salaries and Wages0.000.00 0.00 0.000.0
Employee Benefits0.000.00 0.00 0.000.0
Endowment Fund Personnel Costs0.000.00 0.00 0.000.0
Endowment Fund Expenditures0.000.00 0.00 0.000.0
PERSONNEL
Full-Time0.000.00 0.00 0.000.0
Part-Time0.000.00 0.00 0.000.0
FTEs0.000.00 0.00 0.000.0
REVENUES
Interest18206.001000.00 25000.00 20000.001900.0
Endowment Fund Revenues18206.001000.00 25000.00 20000.001900.0
 
MAJOR FACILITIES RESERVE FUND
EXPENDITURES
Salaries and Wages0.000.00 0.00 0.000.0
Employee Benefits0.000.00 0.00 0.000.0
Major Facilities Reserve Fund Personnel Costs0.000.00 0.00 0.000.0
Operating Expenses1947357.0014300000.00 11355643.00 2000000.00-86.0
Major Facilities Reserve Fund Expenditures1947357.0014300000.00 11355643.00 2000000.00-86.0
PERSONNEL
Full-Time0.000.00 0.00 0.000.0
Part-Time0.000.00 0.00 0.000.0
FTEs0.000.00 0.00 0.000.0
REVENUES
Student Fees2671700.003062329.00 3225356.00 3164540.003.3
Interest Income485673.0010000.00 350114.00 350000.003400.0
Major Facilities Reserve Fund Revenues3157373.003072329.00 3575470.00 3514540.0014.4
 
MC GRANTS TAX SUPPORTED FUND
EXPENDITURES
Salaries and Wages0.000.00 0.00 0.000.0
Employee Benefits0.000.00 0.00 0.000.0
MC Grants Tax Supported Fund Personnel Costs0.000.00 0.00 0.000.0
Operating Expenses400000.00400000.00 400000.00 400000.000.0
MC Grants Tax Supported Fund Expenditures400000.00400000.00 400000.00 400000.000.0
PERSONNEL
Full-Time0.000.00 0.00 0.000.0
Part-Time0.000.00 0.00 0.000.0
FTEs0.000.00 0.00 0.000.0
REVENUES
 
TRANSPORTATION FUND
EXPENDITURES
Salaries and Wages0.000.00 0.00 0.000.0
Employee Benefits0.000.00 0.00 0.000.0
Transportation Fund Personnel Costs0.000.00 0.00 0.000.0
Operating Expenses2380157.004200000.00 2500000.00 4200000.000.0
Transportation Fund Expenditures2380157.004200000.00 2500000.00 4200000.000.0
PERSONNEL
Full-Time0.000.00 0.00 0.000.0
Part-Time0.000.00 0.00 0.000.0
FTEs1.001.00 1.00 1.000.0
REVENUES
Miscellaneous Other0.0050000.00 255099.00 260000.00420.0
Student Fees2912139.003212329.00 3694901.00 3364540.004.7
Interest222672.0015000.00 0.00 0.00-100.0
Transportation Fund Revenues3134811.003277329.00 3950000.00 3624540.0010.6
 
DEPARTMENT TOTALS
Total Expenditures299445159.00345165058.00 309594902.00 334695418.00-3.0
Total Full-Time Positions0.000.00 0.00 0.000.0
Total Part-Time Positions0.000.00 0.00 0.000.0
Total FTEs1921.351922.35 1922.35 1926.350.2
Total Revenues169153433.00171361211.00 170795082.00 173274782.001.1
Additional Documentation

image

image

image

image

image

image

image