Transparency Reporting

Mid Michigan Community College Board of Trustees Resolution -
Local Strategic Value

Local Strategic Value 2017 - Supporting Document


Audit Reports

2017 Financial Audit | 2017 A-133 Single Audit

2016 Financial Audit | 2016 A-133 Single Audit

2015 Financial Audit | 2015 A-133 Single Audit


General Fund Budget

2018 General Fund Budget

FY 2018-2019 Projection

Total estimated general fund revenue: $29,400,000

Total estimated general fund expenditures: $29,400,000


Estimated Cost Resulting From the
Affordable Care Act

The College estimated that it will cost $9,300 in FY 2017-2018 to pay for the required expenses resulting from the Public Law 111-148, as amended by the health care and education reconciliation act of 2010, Public Law 111-152. This estimate excludes any additional administrative cost of compliance and assumes that no additional participants will be required to be covered under our employee health insurance plan.

Uniform Guidance

Mid Michigan Community College has decided that it will implement the new federal regulations for procurement on July 1, 2018, the start of fiscal year 2019. The regulations—known as Uniform Guidance— were issued by the U.S. Office of Management and Budget (OMB). For this fiscal year, 2018, we will continue to follow our current procurement practices and also continue to follow the guidance outlined in the former OMB procurement regulations.


Activities Classification Structure Manual for Michigan Community College

Activities Classification Structure Report

  • Categorizing all institutional general fund expenditures made by the community college within a fiscal year (ACS Table 27)
  • Institutional general fund expenditure amounts categorized both by each academic unit (ACS Table 39), administrative unit (ACS Table 27), or external initiative within the community college
  • Major expenditures category, including faculty and staff salaries and fringes (ACS Table 36), facility related costs (ACS Tables 27, 37, 38), supplies and equipment (audited financial statements supplemental information), contracts, and transfer to and from other community college funds (audited financial statements supplemental information)
 
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