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FINANCIAL TRANSPARENCY

Transparency Stars

The Texas Comptroller of Public Accounts has developed standards for local governments to provide online financial transparency. This section summarizes the most requested financial information about North Central Texas College.

For more information, visit Texas Comptroller Financial Transparency.

FINANCIAL AUDITS

Annual Financial and Compliance Reports

Fiscal Year 2025 Fiscal Year 2024 Fiscal Year 2023 Fiscal Year 2022 Fiscal Year 2021 Fiscal Year 2020

INVESTMENTS

North Central Texas Community College District (NCTC):

  1. Does not employ outside investment advisers or managers.

  2. Does not use soft dollar, directed brokerage, or directed commission, commission recapture, or similar arrangements.

  3. NCTC is associated with the North Central Texas College Foundation. The market value of the foundation’s investments at August 31, 2025 was $17,927,753.

Contact Information for the Foundation:

Debbie Sharp
1525 W California Street
Gainesville, TX 76240
(940) 668-3305

Investment Policies

 

NCTC Investment Reports

Fiscal Year 2021-2022

Summary of Investments August 2022

Fiscal Year 2020 - 2021

Summary of Investments August 2021

Fiscal Year 2019 - 2020

Summary of Investments August 2020

OTHER FINANCIAL INFORMATION

  • Traditional Finance Summary for the most recent fiscal year that ended on 8/31/2022.

    Total Expenditures — $68,538,261 (Per Student* $5,409)

    Total Revenues — $769,640,651 (Per Student $5,496)

    Total Revenues from Property Taxes — $4,500,945 (Per Student $355)

    Full Time Equivalency (All Personnel) — 522

    Full Time Equivalency (Students**) — 4,025

    *Per Student calculations based on 11,333 unduplicated students for 2021-2022 credit enrollment.
    **FTE Students is based on Fall 2021 credit enrollment.

  • MAINTENANCE/OPERATIONS

    2019 = 0.0808
    2020     = 0.0757
    2021     = 0.0728
    2022     = 0.0731
    2023 = 0.0642

    INTEREST/SINKING (DEBT)

    2019 = 0.0294
    2020     = 0.0256
    2021     = 0.0250
    2022     = 0.0218
    2023 = 0.0209

    COMBINED TAX RATE

    2019 = 0.1102
    2020     = 0.1013
    2021     = 0.0978
    2022     = 0.0949
    2023 = 0.0851

  • 2)+Trend+of+Rev-Exp+Per+Student

     

    REVENUES PER STUDENT*

    2017-2018 — $3,418
    2018-2019     — $3,399
    2019-2020     — $4,463
    2020-2021     — $5,913
    2021-2022 — $6,145

    EXPENDITURES PER STUDENT*

    2017-2018 — $3,383
    2018-2019     — $3,727
    2019-2020     — $4,508
    2020-2021     — $4,901
    2021-2022 — $6,048

    TOTAL REVENUES

    2017-2018 — $55,363,627
    2018-2019     — $55,463,729
    2019-2020     — $64,026,649
    2020-2021     — $74,922,161
    2021-2022 — $69,640,651

    TOTAL OPERATING EXPENSES

    2017-2018 — $54,795,727
    2018-2019     — $60,830,410
    2019-2020     — $64,675,228
    2020-2021     — $62,099,353
    2021-2022 — $68,538,261

    *UNDUPLICATED, 12 MOS, STUDENTS

    2017-2018 — 16,196
    2018-2019     — 16,320
    2019-2020     — 14,346
    2020-2021     — 12,671
    2021-2022 — 11,333

     

  • 3)+Trend+of+Tax+Rates+2018-2023

     

    MAINTENANCE/OPERATIONS

    2018-2019 — 8.08
    2019-2020     — 7.57
    2020-2021     — 7.28
    2021-2022 — 7.31
    2022-2023 — 6.42

    INTEREST/SINKING (DEBT)

    2018-2019 — 2.94
    2019-2020     — 2.56
    2020-2021     — 2.50
    2021-2022 — 2.18
    2022-2023 — 2.09

    COMBINED TAX RATE

    2018-2019 — 11.02
    2019-2020     — 10.13
    2020-2021     — 9.78
    2021-2022 — 9.49
    2022-2023 — 8.51

  • 4)+Rev+2022+-+chart

    STATE FUNDS

    2020-2021 — $17,232,611
    2021-2022 — $17,327,435
    Difference — $94,824
    2020-2021 % of Total — 23.00%
    2021-2022 % of Total — 24.88%
    % Increase or Decrease — 0.55%

    FEDERAL FUNDS

    2020-2021 — $23,992,240
    2021-2022 — $27,885,353
    Difference — $3,893,113
    2020-2021 % of Total — 32.02%
    2021-2022 % of Total - 40.04%
    % Increase or Decrease — 16.23%

    TUITION & FEES

    2020-2021 — $20,844,482
    2021-2022 — $18,119,617
    Difference — $(2,724,865)
    2020-2021 % of Total — 27.82%
    2021-2022 % of Total — 26.02%
    % Increase or Decrease — (13.07%)

    M&O, I &S TAXES

    2020-2021 — $4,211,464
    2021-2022 — $4,500,945
    Difference — $289,481
    2020-2021 % of Total — 5.62%
    2021-2022 % of Total — 6.46%
    % Increase or Decrease — 6.87%

    MAINTENANCE TAX DISTRICT

    2020-2021 — $427,475
    2021-2022 — $461,330
    Difference — $33,855
    2020-2021 % of Total — 0.57%
    2021-2022 % of Total — 0.66%
    % Increase or Decrease — 7.92%

    OTHER

    2020-2021 — $8,019,208
    2021-2022 — $1,094,535
    Difference — $(6,924,673)
    2020-2021 % of Total — 10.70%
    2021-2022 % of Total — 1.57%
    % Increase or Decrease — (86.35%)

    AUXILIARY

    2020-2021 — $194,681
    2021-2022 — $251,436
    Difference — $(56,755)
    2020-2021 % of Total — 0.26%
    2021-2022 % of Total — 0.36%
    % Increase or Decrease — 29.15%

    GRAND TOTAL

    2020-2021 — $74,922,161
    2021-2022 — $69,640,651
    Difference — $(5,281,510)
    2020-2021 % of Total — 100%
    2021-2022 % of Total — 100%
    % Increase or Decrease — 7.05%

  • 5)+Exp+2022+-+chart

     

    INSTRUCTION

    2020-2021 — $21,045,398
    2021-2022 — $21,096,877
    Difference — $(51,479)
    2020-2021 % of Total — 33.89%
    2021-2022 % of Total — 30.78%
    % Increase or Decrease — (0.24%)

    PUBLIC SERVICE

    2020-2021 — $1,442,750
    2021-2022 — $1,296,164
    Difference — $(146,586)
    2020-2021 % of Total — 2.32%
    2021-2022 % of Total — 1.89%
    % Increase or Decrease — (10.16%)

    ACADEMIC SUPPORT

    2020-2021 — $4,058,940
    2021-2022 — $3,946,512
    Difference — $(112,428)
    2020-2021 % of Total — 6.54%
    2021-2022 % of Total — 5.76%
    % Increase or Decrease — (2.77%)

    STUDENT SERVICES

    2020-2021 — $9,609,840
    2021-2022 — $10,779,742
    Difference — (1,169,902)
    2020-2021 % of Total — 15.47%
    2021-2022 % of Total — 15.73%
    % Increase or Decrease — (12.17%)

    INSTITUTIONAL SUPPORT

    2020-2021 — $10,750,005
    2021-2022 — $12,546,377
    Difference — $1,796,372
    2020-2021 % of Total — 17.31%
    2021-2022 % of Total — 18.31%
    % Increase or Decrease — 16.71%

    PLANT OPERATION/ MANAGEMENT

    2020-2021 — $4,950,995
    2021-2022 — $4,909,394
    Difference — $(41,601)
    2020-2021 % of Total — 7.97%
    2021-2022 % of Total — 7.16%
    % Increase or Decrease — (0.84%)

    SCHOLARSHIPS/ FELLOWSHIPS

    2020-2021 — $7,281,257
    2021-2022 — $9,379,133
    Difference — $2,097,876
    2020-2021 % of Total — 11.73%
    2021-2022 % of Total — 13.68%
    % Increase or Decrease — 28.81%

    AUXILIARY ENTERPRISES

    2020-2021 — $548,969
    2021-2022 — $794,221
    Difference — $245,252
    2020-2021 % of Total — 0.88%
    2021-2022 % of Total — 1.16%
    % Increase or Decrease — 44.68%

    DEPRECIATION

    2020-2021 — $2,411,199
    2021-2022 — $3,789,841
    Difference — $1,378,642
    2020-2021 % of Total — 3.88%
    2021-2022 % of Total — 5.53%
    % Increase or Decrease — 57.18%

    GRAND TOTAL

    2020-2021 — $62,099,353
    2021-2022 — $68,538,261
    Difference — $6,438,908
    2020-2021 % of Total — 100%
    2021-2022 % of Total — 100%
    % Increase or Decrease — 10.37%

Operating Budget 2023-2024 Instruction Budget 2023-2024 Local Debt Report LAR 2024-2025

DOWNLOADABLE ANNUAL BUDGETS

BUDGET 2023-2024. BUDGET 2022-2023. BUDGET 2021-2022. BUDGET 2020-2021. BUDGET 2019-2020. BUDGET 2018-2019. BUDGET 2017-2018.

OPEN RECORDS

FIND THE APPLICATION AND INSTRUCTIONS FOR AN OPEN RECORDS REQUEST.

 

Request Open Records

CONTACT US.

NCTC Financial Services
1525 W. California Street
Gainesville, TX 76240
(940) 668-7731
Fax: (940) 668-3320