School district · Monterey County, CA

Monterey Peninsula Community College District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Monterey Peninsula Community College District took in $80.2 million and spent $99.3 million.

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

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Where it comes from

State tax money44%School district taxes39%Federal tax money9.8%Fees for services (college tuition)4.9%Fines and other1.9%

What stands out

39%

of Monterey Peninsula Community College District's money comes from property tax.A typical community or technical college district gets 15%.

School district taxes39%

Property tax
39%$31.3 million

Fees for services4.9%

Fees for services
4.9%$4.0 million
What's in fees for servicesCollege tuition
  • College tuition$4.0 million

Amounts are by Census type of charge.

Federal tax money9.8%

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

From the federal government
9.8%$7.9 million

State tax money44%

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

From the state
44%$35.5 million

Fines and other1.9%

Interest, rents and other
1.9%$1.5 million

Where it goes

Schools and colleges95%Interest on debt5.2%

What stands out

5.2%

of Monterey Peninsula 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
95%$94.2 million
What's in schools and collegesColleges and universities and scholarships and other education subsidies
  • Colleges and universities$86.1 million
  • Scholarships and other education subsidies$8.1 million
Interest on debt
5.2%$5.1 million
Sources and moreWhere these numbers come from and what they cover

Monterey Peninsula 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 Monterey Peninsula 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.