Each year, the Board of Trustees of Prince George's Community College (PGCC) in Largo, Maryland, must submit a report evaluating the effectiveness of PGCC's financial plan to the state's Higher Education Committee and General Assembly. This report, for fiscal year (FY) 1993, is divided into four sections. The first section reviews the cost containment measures taken in both FY 1992 and 1993 to maintain low tuition in spite of cuts in state funding in both direct aid and contribution programs. These measures included employee furloughs, reduction of the administrative staff by 17%, hiring freezes, elimination of conference travel and professional development budgets, a freeze on all equipment purchases, and an early retirement program. The second section analyzes the total cost per full time equivalent (FTE) student by instructional discipline, indicating that per student costs ranged from a low of $3,107 per FTE in remedial math to a high of $7,465 in education, resulting in an average cost of $3,984 to teach each FTE student. The third section provides an evaluation of enrollment, student outcomes, and cost analysis of the disciplines reporting the highest costs in FY 1992; namely, drafting, electronics, medical records, nuclear medicine, office technology, and respiratory therapy. The final section, a review of Prince George's County's contributions to PGCC as compared with the contributions of four other Maryland counties to parallel institutions in their jurisdictions, suggests that Prince George's County consistently provides less funding for PGCC than peer counties provide their community colleges. Tables and a complete list of costs per FTE student for each discipline are included. (MAB)