Notice of Budget Committee Meeting
Mt. Hood Community College District 2019-20 Approved Budget
The Tax Supervising and Conservation Commission will hold a public hearing on the budget approved by the Budget Committee for Mt. Hood Community College, Multnomah County, State of Oregon for the fiscal year July 1, 2019 to June 30, 2020. The hearing will be held at the Mt. Hood Community College Board Room, AC 2349, 26000 SE Stark St, Gresham Oregon, 97030 on the nineteenth day of June, 2019 at 6:30 pm. The purpose of the meeting is to discuss the budget with interested parties. A copy of the budget document may be inspected or obtained on or after June 19, 2019 at Mt. Hood Community College, Budget Office, 26000 SE Stark Street, Gresham, Oregon 97030, between the hours of 8:00 a.m. and 5:00 p.m. or online at www.mhcc.edu.
SUMMARY OF BUDGET REQUIREMENTS AS APPROVED| Fund Title | Fund # | 2019-20 Budget |
|---|
| General Fund | 1 | 77,895,461 |
| Pension Bond Debt Service Fund | 3 | 5,278,690 |
| Physical Plant Maintence Fund | 6 | 1,219,650 |
| Technology Projects Fund | 7 | 1,849,259 |
| Student Aid Fund | 10 | 36,408,990 |
| Federal, State & Special Projects Fund | 16 | 37,800,000 |
| Bookstore Fund | 40 | 1,987,000 |
| Aquatic Center Fund | 42 | 1,132,128 |
| Clubs Fund | 50 | 250,000 |
| Trusts Fund | 51 | 509,096 |
| Associated Student Government Fund | 52 | 1,136,746 |
| TOTAL BUDGET REQUIREMENTS | | $165,467,020 |
SUMMARY OF BUDGET REQUIREMENTS AS APPROVED| Fund | Type | Amount Subject to the Education Limitation |
|---|
| General | Permanent tax rate | $0.4917/$1,000 of assessed value |
Jennifer DeMent,
Budget Officer