The data provided in this report were providing by Michigan's 29 community colleges and focus on the areas of instruction, personnel, revenues, expenditures, and the state funding formula. Section 1 includes tables providing historical data on state appropriations, unduplicated headcount, tuition charges, state equalized valuation, general fund revenues, job training/retraining investment funds, and at-risk student grants. Section II includes instructional data, including fiscal-year equated student (equalling 31 semester credit hours) by instrumental sub-activity and element; credit hours in prisoner education; student contact hours (SCH); and unduplicated student headcounts. Section III provides information on personnel ratios and percentages for the 29 colleges and 1 correctional institution. Section IV focuses on college revenues, including general fund revenue sources; tuition and fees; property taxes; and state aid. Section V offers expenditures information for general fund activity, average compensation, SCH cost by sub-activities, state average cost per SCH, salaries and fringe benefits, student services, physical plant expenditures, and energy costs per cubic foot. The final section offers Michigan's Community College funding formula. Highlights of the report include: (1) fiscal year equated students (FYES) decreased 5.4%; (2) unduplicated headcount per FYES ratio declined from 3.46 to 3.43; (3) general academic instruction showed a slight enrollment increase; (4) total faculty decreased by 4.8%; (5) part-time faculty decreased by 8.11%; (6) tuition and fee revenue increased by 45% over the decade; (7) local tax support showed a 51% increase since 1985; and (8) state aid increased 38% over the last 10 years. (A companion report provides course enrollment data.) Appendixes provide abbreviations used in tables and definitions, activities classification structure diagram, instruction activity diagram, activity definitions, and a map of Michigan public junior and community colleges. (KP)