Data from audited financial statements of the individual New Jersey county colleges, the institutional Cost Reporting System, and the Office of Facilities Planning and Construction comprise this report for the fiscal year ending June 1977. The report provides financial information and analytical narrative on enrollments and educational cost per full-time equivalent (FTE) student, current revenue sources, educational and general expenditures, fixed assets and capital data, and cost reporting system outputs. The total revenue for the colleges in 1977 represented a 6.6% increase over 1976 figures. Major revenue sources included state aid (28%, down 1% from 1976), county appropriations (36%, up 1%), and tuition and fees (30%, up 1%). Educational costs per FTE student increased 12%, attributable to the 11% increase in general expenditures despite slightly reduced enrollments (67,013 in 1977 as opposed to 67,894 in 1976). However, percentage of total expenditures in instruction, general expenses and administration, student services, extension and public services, library, and plant operation maintenance remained the same from 1976 to 1977. Data on part-time faculty and teaching salaries, cost per teaching contact hour, and administrative positions and costs are included. Appended are 31 data tables and financial highlights for each college. (TR)