Each year, the Board of Trustees of Prince George's Community College (PGCC), in Maryland, must submit a report evaluating the effectiveness of PGCC's financial plan to the state's Higher Education Committee and General Assembly. This document provides the report for fiscal year (FY) 1996 divided into four sections. The first section reviews the cost containment measures taken from FY 1992 through FY 1996 to maintain low tuition in spite of cuts in state funding in both direct aid and contribution programs. This section indicates that measures have included an employee furlough; a 17 percent reduction of administrative staff; and tuition increases in FY's 1995 and 1996, raising tuition to $69 per credit hour. The second section analyzes the total cost per full-time equivalent (FTE) student by instructional discipline for FY 1996, indicating that per-FTE costs ranged from a low of $3,617 for Paralegal Studies to a high of $8,458 in Nursing. This section also indicates that the average cost per FTE student was $4,672, lower than the FY 1995 average cost of $4,684. The final section provides data on support provided by Prince George's County to PGCC, as well as an analysis of the level of county support received by four peer institutions. This section indicates that for FY 1997 County contributions represented 25 percent of the PGCC's budget, a decrease of 7.9 percent from FY 1996. Data tables are included. (BCY)