This report, from the National Association of College and University Business Officers' (NACUBO), is the nineteenth in a series of comparative data studies of public two-year colleges. A result of an intensive six-month study involving 252 community colleges, it contains financial and other statistics for fiscal year 1997-98. Report highlights include: (1) mean revenues per credit full-time-equivalent (FTE) student was $6,254 (tuition and fees, appropriations, gifts, grants, contracts, and other); (2) on average, students paid $1,783 in tuition and fees; (3) students spent approximately $6,208 per credit FTE student; (4) at the median college, 62% of all expenditures were directed to academic programs, and 50% of expenditures to instruction alone; (5) institutions averaged one credit instructional staff member for every 19 credit FTE students, one counseling and career guidance staff member for every 434 credit FTE students, and one institutional support staff member for every 81 credit FTE students; (6) on average, 41% of credit instructional faculty FTEs were part-time; and (7) institutions employed 113 staff members per 1,000 credit FTE students. The report contains a list of all 252 participating community colleges. (NB)