Oakton Community College's (Illinois) Annual Report to the Community for fiscal year 1997 includes information about the college's operations and finances. Prepared to acquaint the community with the school, the report contains letters from the board chairman and president, and outlines the college's mission statement and student services and facilities, including the transfer center and baccalaureate program. Profiles of Oakton students highlight a section on programs that support diversity by exploring ethnic, cultural, gender, and intergenerational issues. Faculty, staff, alumni, and student bios further illustrate the distinct college community. A condensed balance sheet and history, descriptions on the growth of assets and financial activity since 1993, information on revenues, property taxes, net instructional cost per credit hour, and use of resources comprise the financial reporting section. Oakton's outreach activities, such as summer camps that teach high school students about careers and job training, are described. The report closes with a list of federal and state grants, members of the Board of Directors, and a balance sheet of assets and liabilities. (YKH)