Budget and Performance Transparency Reporting
ACC is committed to ensuring long-term stability and financial health of the college, including providing timely, accurate financial reporting to our staff, students, and community.
Annual Operating Budget
Michigan Public Act 103 of 2023 Section 217a(4) — Link to MCCDI
General Fund Projections
Michigan Public Act 103 of 2023 Section 217a(4) — Listing of Debt Obligations
- ACC has two debt service obligations:
- Chemical Bank – 10-year, 2013 Facility and Refunding Bond. Balance as of June 30, 2021: $425,000. Annual payment FY22 $225,000 principle, $9,763 interest
- First Federal of Northern Michigan — 20-year, installment purchase agreement for a residential apartment complex. Balance as of June 30, 2021: $544,000. Annual payment of $34,000 on principle and $15,912 on interest.
Michigan Public Act 103 of 2023 Section 217a(4) — Health Care Benefits Plans
- ACC Employee Health Insurance Plan
- ACC Administrator Vision and Dental Insurance Plan
- ACC Faculty Dental Insurance Plan
- ACC Faculty Vision Insurance Plan
- ACC ESP I & II Dental Insurance Plan
- ACC ESP I & II Vision Insurance Plan
- ACC Fiscal Year 2023 Approved Audit
- ACC Fiscal Year 2022 Approved Audit
- ACC Fiscal Year 2021 Approved Audit
- ACC Fiscal Year 2020 Approved Audit
- Agenda of the October 19, 2023, ACC Board of Trustees Meeting
- Proposed Minutes of the October 19, 2023, ACC Board of Trustees Meeting
- Agenda of the September 15, 2022, ACC Board of Trustees Meeting
- Approved Minutes of the September 15, 2022, ACC Board of Trustees Meeting
Budgeted Revenues and Expenses
Michigan Public Act 103 of 2023, Section 260 — Michigan Department of Treasury Financial Aid Website
Michigan Public Act 144 of 2022 Section 209(5) — Cumulative Report
Michigan Public Act 144 of 2022, Section 209a Fiscal Year 2023 Reporting
Michigan Public Act 144 of 2022 Section 209a(1) — Campus Safety Information and Resources
Michigan Public Act 144 of 2022 Section 226(b) — Federal COVID-19 Relief Funds
- ACC September 30, 2022, COVID-19 Section 226b Report
- Higher Education Emergency Relief Fund (HEERF) Reporting
- ACC HEERF Quarterly Budget and Expenditure Reporting as of September 30, 2020
- ACC HEERF Quarterly Budget and Expenditure Reporting as of December 31, 2020
- ACC HEERF Quarterly Budget and Expenditure Reporting as of March 31, 2021
- ACC HEERF Quarterly Budget and Expenditure Reporting as of June 30, 2021
- ACC HEERF Quarterly Budget and Expenditure Reporting as of September 30, 2021
- ACC HEERF Quarterly Budget and Expenditure Reporting as of December 31, 2021
- ACC HEERF Quarterly Budget and Expenditure Reporting as of March 31, 2022
Michigan Use and Finance Bi-Annual Reporting Form
- ACC January 1, 2022, to June 30, 2022, Use and Finance Bi-Annual Report
- ACC July 1, 2022, to December 31, 2022, Use and Finance Bi-Annual Report
- ACC January 1, 2023, to June 30, 2023, Use and Finance Bi-Annual Report
- ACC July 1, 2023, to December 31, 2023, Use and Finance Bi-Annual Report
- 2025-29 ACC Five-Year Campus Master Plan for Capital Outlay
- 2025-29 ACC Campus Master Plan Attachment B Only
- 2024-28 ACC Five-Year Campus Master Plan for Capital Outlay
- 2023-27 ACC Five Year Master Plan for Capital Outlay
- 2022-26 ACC Five Year Master Plan for Capital Outlay
CARES Act
- Higher Education Emergency Relief Fund Reporting
- ACC HEERF Quarterly Budget and Expenditure Reporting as of September 30, 2020
- ACC HEERF Quarterly Budget and Expenditure Reporting as of December 31, 2020
- ACC HEERF Quarterly Budget and Expenditure Reporting as of March 31, 2021
- ACC HEERF Quarterly Budget and Expenditure Reporting as of June 30, 2021
- ACC HEERF Quarterly Budget and Expenditure Reporting as of September 30, 2021
- ACC HEERF Quarterly Budget and Expenditure Reporting as of December 31, 2021
- ACC HEERF Quarterly Budget and Expenditure Reporting as of March 31, 2022
For more information please contact:
Nicholas Brege
Vice President for Administration & Finance
989.358.7368
bregen@alpenacc.edu