School district · Lake County, CO

Colorado Mountain College's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Colorado Mountain College took in $118 million and spent $123 million.

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

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Where it comes from

School district taxes56%Fees for services (college tuition, university housing and dining)24%State tax money13%Fines and other4.1%Federal tax money3.2%

What stands out

56%

of Colorado Mountain College's money comes from property tax.A typical community or technical college district gets 15%.

School district taxes56%

Property tax
56%$66.2 million

Fees for services24%

Fees for services
24%$28.6 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$15.8 million
  • University housing and dining$12.8 million

Amounts are by Census type of charge.

Federal tax money3.2%

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

From the federal government
3.2%$3.7 million

State tax money13%

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

From the state
13%$15.0 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$25 thousand

Fines and other4.1%

Interest, rents and other
4.1%$4.8 million

Where it goes

Schools and colleges100%

Spending by category100%

Schools and colleges
100%$123 million
What's in schools and collegesColleges and universities; college housing, dining and bookstores and 1 more
  • Colleges and universities$101 million
  • College housing, dining and bookstores$13.9 million
  • Scholarships and other education subsidies$8.2 million
Sources and moreWhere these numbers come from and what they cover

Colorado Mountain College. 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 Colorado Mountain College 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.