Reporting Requirements
for Public Act 201 of 2012

In order to comply with the reporting requirements imposed on community colleges by Public Act No. 201 of 2012, Glen Oaks Community College has provided the following information and links:


Budgeted Income Statement

FYE 6/30/22
Tuition and Fees 3,918,493
State Appropriations 3,099,046
Property Taxes 5,978,904
Other Sources 581,711
Student Housing income 574,480
Total Revenue 14,152,634
Salaries and Benefits 9,456,459
Contracted Services 1,227,377
Materials & Supplies 551,560
Rent, Utilities & Insurance 477,195
Travel, Communication & Misc 583,420
Scholarships 269,697
Depreciation 1,496,959
Small Capital 89,910
Total Revenue 14,152,576
Gain/(Loss) 59

Community Colleges
Local Strategic Value 2021

State Budget Office
Office of Education

Michigan Public Act 165 of 2020, approved by Governor Whitmer on October 1, 2020. The law requires Glen Oaks Community College Board of Trustees to pass a resolution certifying that the college meets at least four out of five of the best practice standards under each of the three categories. Among the components of the appropriations for all Michigan community colleges is performance funding based on “local strategic value,” which is defined in terms of three categories as shown below. Each category covers five standards of local strategic value, called “best practices.”

Glen Oaks Community College not only meets, but also exceeds the best practices standards required by the appropriations law for fiscal year 2022, as the following table demonstrates:

Therefore, the following resolution is proposed:

Motion by: Higgins, second by: Haas, that Glen Oaks Community College Board of Trustees certifies that the College does meet the best practice standards required for State Appropriations under Michigan Public Act 165 of 2020.

ROLL CALL VOTE: Bontrager, Lopez, Higgins, Percival, Haas, and Gosling
Attending via ZOOM: Datkovic – her vote was not taken/counted
ABSENT: None Motion: Approved/Carried

Bruce S. Gosling

GOCC Board Chairperson

September 9, 2021


Long-Term Obligations
(Subsequent Event)

Long-term obligation activity for the year ended June 30, 2021, was as follows:

July 1, 2020
Additions Reductions Balance
June 30, 2021
Current Portion
Direct borrowings
USDA Loan – Student Housing 6,036,000 (162,000) 5,874,000 166,000
USDA Loan – Concourse 2,118,500 (43,000) 2,075,000 45,000
Total Direct Borrowings
(equals to total debt)
8,154,000 (205,000) 7,949,000 211,000
July 1, 2018
Additions Reductions Balance
June 30, 2019
Current Portion
Bonds Payable Information icon 355,000 (355,000)
Direct borrowings
USDA Loan – Student Housing 6,194,000 (158,000) 6,036,000 162,000
USDA Loan – Concourse 2,027,500 132,500 (42,000) 2,118,000 43,000
Total Direct Borrowings $ 8,221,500 132,500 (200,000) 8,154,000 205,000
Total Debt $ 8,576,500 132,500 (555,000) 8,154,000 205,000

USDA Loans
In September 2016, the College obtained a Community College Facilities Loan from the United States Department of Agriculture in an amount not to exceed $6.5 million, which was used to fund the construction costs of the student housing, which was completed during fiscal 2018. The loan matures serially through 2046, with principal payments ranging from $155,000 to $297,000 due each December 1. Interest is charged at 2.375% and is payable semi-annually.

In August 2018, the College obtained a Community College Facilities Loan from the United States Department of Agriculture in an amount not to exceed $2.2 million, which was used to fund the construction costs of the concourse, which was completed in fiscal 2021. The loan matures serially through 2048, with principal payments ranging from $40,000 and $121,000 due each June 17. Interest is charged at 3.875% and is payable semi-annually.

Community College Facilities Bonds, 2010
Bonds were issued in 2010 in the amount of $2,955,000. Interest on the bonds ranged from 2.00 percent to 3.50 percent and was payable semiannually in May and November. The proceeds from the bonds were used for capital projects. The bonds were unsecured. The bond obligation was paid in full in fiscal 2020.

Total principal and interest maturities on the direct borrowing obligations as of June 30, 2021 are as follows:

Year Ending
June 30
Debt Borrowing Obligations
Principal Interest Total
2022 211,000 219,914 430,914
2023 217,000 214,228 431,228
2024 222,000 208,369 430,369
2025 228,000 202,376 430,376
2026 234,000 196,212 430,212
2027-2031 1,272,000 882,119 2,154,119
2032-2036 1,455,000 698,776 2,153,776
2037-2041 1,665,000 487,643 2,152,643
2042-2046 1,911,000 243,840 2,154,840
2047-2048 534,000 20,927 554,927
Totals $7,949,000 $3,374,404 $11,323,404

General Fund Revenue
and Expenditure Projections

2021-2022 2022-2023
Tuition 3,915,107 4,032,560
Property Tax 6,025,881 6,206,658
State Aid 3,296,000 3,394,880
Other 566,500 583,495
Total Revenue $13,803,488 $14,217,593
Salaries & Benefits
9,394,128 9,675,951
Utilities 406,268 418,456
Insurance 115,254 118,711
Maintenance and repairs 134,569 138,606
Maintenance contracts 541,198 557,434
Scholarships 196,557 202,454
Promotion and publications 297,087 306,000
Materials and supplies 308,043 317,285
Professional services 552,806 569,390
Travel and professional development 293,658 302,468
Other operating expenses 347,434 357,857
Equipment 63,343 65,243
Total Expense $12,650,344 $13,029,854
Depreciation $1,120,045 $1,153,647
Excess (deficiency) of revenue over expenditures $33,099 $34,092

Note:This document is presented for required State reporting purposes only and subject to change.

Section 209(5)
Community College Survey

Due November 1, 2021

Use and Finance
Bi-Annual Reporting Form

Classification Structure

Additional Information

91.9% of respondents to our most recent Glen Oaks Graduate Survey report being employed

Glen Oaks Community College District Boundaries

Nondiscrimination Statement

In accordance with federal civil rights law and U.S. Department of Agriculture (USDA) civil rights regulations and policies, the USDA, its agencies, offices, and employees, and institutions participating in or administering USDA programs are prohibited from discriminating based on race, color, national origin, religion, sex, gender identity (including gender expression), sexual orientation, disability, age, marital status, family/parental status, income derived from a public assistance program, political beliefs, or reprisal or retaliation for prior civil rights activity, in any program or activity conducted or funded by USDA (not all bases apply to all programs).  Remedies and complaint filing deadlines vary by program or incident.

Persons with disabilities who require alternative means of communication for program information (e.g., braille, large print, audiotape, American Sign Language, etc.) should contact the responsible agency or USDA’s TARGET Center at (202) 720-2600 (voice and TTY) or contact USDA through the Federal Relay Service at (800) 877-8339.  Additionally, program information may be made available in languages other than English.

To file a program discrimination complaint, complete the USDA Program Discrimination Complaint Form, AD-3027, found online at and at any USDA office or write a letter addressed to USDA and provide in the letter all of the information requested in the form.  To request a copy of the complaint form, call (866) 632-9992.  Submit your completed form or letter to USDA by:

  1. Mail: U.S. Department of Agriculture
    Office of the Assistant Secretary for Civil Rights
    1400 Independence Avenue, SW
    Washington, D.C. 20250-9410; or
  2. Fax: (202) 690-7442; or
  3. Email:

This institution is an equal opportunity provider.

Any person believing that Glen Oaks Community College or any part of the organization has engaged in a discriminatory practice should contact the Glen Oaks Title IX Coordinator, Tonya Howden, at 62249 Shimmel Rd., Centreville, MI 49032, office A53.

Phone number: (269) 294-4230
Contact Form