MIDLANDS TECHNICAL COLLEGE																			0.003171167													Revenue Analysis 2005						Expense Analysis 2005
COST ANALYSIS PROJECT																																State Revenue	19,014,685	Credit State Revenue		$   18,225,309		Acad & Inst Costs	$ 31,234,284		Nonoperating Expenses:
(Based on 2004-2005 funding allocation data and fiscal year ended 6/30/2005 revenues and expenses)																																County Revenue	5,915,254	Credit County Revenue		$     5,440,770		CE  *	$   4,868,676		Interest on capital related debt		$      387,754
Copyright 2006.  This material may not be published, broadcast, rewritten or redistributed without the prior written consent of Midlands Technical College.																																Credit Student Revenue	17,884,015					Student Services	$   8,860,551	8,505,183
Please note the formula computation worksheet data used in the academic cost model was provided by the South Carolina State Technical College System.																																Auxiliary Revenue	5,909,485	CE State Revenue		789,376		Plant Operations	$   5,545,289		Total Other		$      387,754
																																Other Revenue	1,294,406	CE County Revenue		474,484		Admin Support	$   7,837,847
																																CE Student Revenue Actual	4,187,252					Aux Services	$   6,174,328
												0.0608																				Grants and Contracts	23,124,182					Depreciation	$   3,585,235
						86.78%	2001 Annualization																									Total Revenue	77,329,279					Scholarships	$   8,266,923		Total Expenses		$ 76,760,887
						85.67%	2002 Annualization																															Total Operating Expenses	$ 76,373,133		Income before other rev, exp, gains, or losses		$      568,392
						86.19%	2003 Annualization																																																			Earned	Earned		Net	Credits	Percent of
									CREDIT	CREDIT	Credit FTE As	Credit FTE As	Credit FTE As	Credit FTE As		FTE	FTE	State Funded	State Funded		State Funds	State Funds	County Funds	County Funds	Student	Student	Auxiliary	Auxiliary	Other	Other	CE Student/	Grants & Contracts	Grants & Contracts	Total		Total		Instructional	Instructional	Student	Student	Plant	Plant	Admin	Admin	Auxiliary	Auxiliary	Depreciation	Depreciation	Scholarship	Scholarship	Other	Other	Total		Total		Less	Less		Income/Loss	Earned	Faculty to
CIP		2001	2002	2003	2001	2002	2000	CREDITS	FTE	FTE	A % W/O CE	A % W/O CE	A % With CE	A % With CE	FACULTY	FACULTY	FACULTY	FACULTY  AS	FACULTY  AS		Earned	Earned	Earned	Earned	Funds Earned	Funds Earned	Funds Earned	Funds Earned	Funds Earned	Funds Earned	Other Funds	Funds Earned	Funds Earned	Funds Earned		Funds Earned		Costs	Costs	Costs	Costs	Costs	Costs	Costs	Costs	Costs	Costs	Costs	Costs	Costs	Costs	Cost	Cost	Cost		Cost		Cost	Cost	CIP	Per Credit	Per	Credit Hours
	DISCIPLINE	CREDITS	CREDITS	Credits	ANNUALIZED	ANNUALIZED	ANNUALIZED	FUNDED	Discipline	Program	Discipline	Program	Discipline	Program	RATIO	Discipline	Program	A % Discipline	A % Program		Discipline	Program	Discipline	Program	Discipline	Program	Discipline	Program	Discipline	Program	Earned	Discipline	Program	Discipline		Program		Discipline	Program	Discipline	Program	Discipline	Program	Discipline	Program	Discipline	Program	Discipline	Program	Discipline	Program	Discipline	Program	Discipline		Program		Discipline	Program		Hour	FTE Faculty	Funded		DISCIPLINE
1	Agri Bus & Prod	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-	12.00	-	-	-	-		-	-	-	-	-	-	-	-	-	-		-	-	-		-		-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-		-		-	-	1	$      -	-	0.00%		Agri Bus & Prod
2	Agri Sciences	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-	15.00	-	-	-	-		-	-	-	-	-	-	-	-	-	-		-	-	-		-		-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-		-		-	-	2	$      -	-	0.00%		Agri Sciences
3	Conser & Renew Nat Res	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-	15.00	-	-	-	-		-	-	-	-	-	-	-	-	-	-		-	-	-		-		-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-		-		-	-	3	$      -	-	0.00%		Conser & Renew Nat Res
8	Mrktg Oper/Distrib	978.00	984.00	1,080.00	1,126.99	1,148.58	1,253.07	1,176.21	78.41	78.41	0.0104	0.0104	0.0096	0.0096	19.00	4.13	4.13	0.0085	0.0085		189,552	189,552	56,587	56,587	186,003	186,003	56,532	56,532	12,383	12,383		240,503	240,503	741,559		741,559		266,275	266,275	88,458	88,458	53,048	53,048	74,979	74,979	59,065	59,065	34,297	34,297	85,980	85,980	3,709	3,709	665,812		665,812		75,747	75,747	8	$64.40	285.00	0.35%		Mrktg Oper/Distrib
9	Communications	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-	13.00	-	-	-	-		-	-	-	-	-	-	-	-	-	-		-	-	-		-		-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-		-		-	-	9	$      -	-	0.00%		Communications
10	Communications Tech	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-	13.00	-	-	-	-		-	-	-	-	-	-	-	-	-	-		-	-	-		-		-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-		-		-	-	10	$      -	-	0.00%		Communications Tech
11	Computer & Info Servs	7,926.00	7,233.00	6,705.00	9,133.44	8,442.76	7,779.51	8,451.90	563.46		0.0747	-	0.0687	-	18.00	31.30		0.0647	-		1,362,064		406,615	-	1,336,557		406,218	-	88,977	-		1,728,180	-	5,328,610		-		2,019,669	-	635,633		381,183		538,774		424,423	-	246,449	-	617,826	-	26,654	-	4,890,611		-		437,999	-	11	$      -	-	0.00%		Computer & Info Servs
	CPT	5,544.00	5,289.00	5,538.00	6,388.57	6,173.62	6,425.49	6,329.22		421.95	-	0.0560	-	0.0515	18.00	-	23.44	-	0.0484		-	1,019,984	-	304,494	-	1,000,884	-	304,197	-	66,631		-	1,294,151	-		3,990,341		-	1,512,433	-	475,995	-	285,450	-	403,462	-	317,830	-	184,554	-	462,660	-	19,960	-		3,662,344		-	327,997		$51.82	270.00	0.37%		CPT
	IST	2,382.00	1,944.00	1,167.00	2,744.87	2,269.15	1,354.02	2,122.68		141.51	-	0.0188	-	0.0173	18.00	-	7.86	-	0.0162		-	342,080	-	102,120	-	335,674	-	102,021	-	22,347		-	434,029	-		1,338,270		-	507,236	-	159,638	-	95,733	-	135,312	-	106,593	-	61,895	-	155,166	-	6,694	-		1,228,267		-	110,003		$51.82	270.00	0.37%		IST
12	Pers & Misc Servs	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-	15.00	-	-	-	-		-	-	-	-	-	-	-	-	-	-		-	-	-		-		-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-		-		-	-	12	$      -	-	0.00%		Pers & Misc Servs
13	Education	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-	17.00	-	-	-	-		-	-	-	-	-	-	-	-	-	-		-	-	-		-		-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-		-		-	-	13	$      -	-	0.00%		Education
14	Engineering	414.00	409.00	412.00	477.07	477.41	478.02	477.50	31.83	31.83	0.0042	0.0042	0.0039	0.0039	15.00	2.12	2.12	0.0044	0.0044		76,951	76,951	22,972	22,972	75,510	75,510	22,950	22,950	5,027	5,027		97,636	97,636	301,046		301,046		136,924	136,924	35,911	35,911	21,535	21,535	30,439	30,439	23,978	23,978	13,923	13,923	34,905	34,905	1,506	1,506	299,122		299,122		1,925	1,925	14	$