Page 34 - 2019-20 CAFR

Rogue Community College
Fiscal Year Ended June 30, 2020

increase in tuition, and the retirement of the distance education fee in spring term 2020. Auxiliary services
decreased $413,000 or 24.1% due to the reduction in student FTE and increase in the use of open educational
resources by faculty.

Non-operating revenues increased $4.9 million or 12.7% between 2019 and 2020. The largest non-operating
revenue source is property taxes. The College received $18.0 million from property taxes representing a 4.4%
increase from the prior year. This increase is directly related to the overall assessed value of property located
in Jackson and Josephine counties increasing approximately 3.73%. The second largest non-operating
revenue is State appropriations. The State appropriated $640.9 million for the Community College Support
Fund (CCSF) for the 2019-21 biennium. This is a $70.6 million increase over the prior biennium. The College
received an additional $4.4 million due to this increase. The remaining $2.3 million is due to the payment
structure. Oregon Community Colleges report five support payments in the first year of a biennium and three
payments in the second year. For the year ended June 30, 2020, the College reported five payments.

Expenses:

Operating and non-operating expenses totaling $70.3 million include salaries and benefits, materials and
supplies, utilities, operating leases, scholarships and depreciation. Instruction expenses represent a large
percentage of total expenses at $19.6 million or 27.9%. Support services, including auxiliary enterprises,
contracted programs, and depreciation, represent $19.8 million, or 28.2%, of total expenses. Scholarship and
grant expenses of $15.5 million represent 22.0% of total expenses. Administration expenses, including plant
services, represent $13.8 million, or 19.7%, of total expenses. Interest expense, the College’s most significant
non-operating expense, represents $1.5 million, or 2.2%, of total expense.