School district · Santa Barbara County, CA

Allan Hancock Joint Community College District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Allan Hancock Joint Community College District took in $125 million and spent $121 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

State tax money62%School district taxes26%Fees for services (college tuition, university housing and dining)5.5%Federal tax money4.5%Fines and other1.3%County and local tax money0.5%

What stands out

62%

of Allan Hancock Joint Community College District's money comes from state tax money.A typical community or technical college district gets 33%.

School district taxes26%

Property tax
26%$33.0 million

Fees for services5.5%

Fees for services
5.5%$6.9 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$4.0 million
  • University housing and dining$3.0 million

Amounts are by Census type of charge.

Federal tax money4.5%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
4.5%$5.6 million

State tax money62%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
62%$77.2 million

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments
0.5%$627 thousand

Fines and other1.3%

Interest, rents and other
1.3%$1.6 million

Where it goes

Schools and colleges94%Interest on debt6.2%

What stands out

6.2%

of Allan Hancock Joint Community College District's spending goes to interest on debt.Most community and technical college districts spend nothing on this.

Spending by category100%

Schools and colleges
94%$114 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$98.0 million
  • Scholarships and other education subsidies$9.5 million
  • College housing, dining and bookstores$6.4 million
Interest on debt
6.2%$7.5 million
Sources and moreWhere these numbers come from and what they cover

Allan Hancock Joint Community College District. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Allan Hancock Joint Community College District itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.