School district · Jackson County, FL

Chipola College's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Chipola College took in $22.7 million and spent $25.8 million.

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

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Where it comes from

State tax money76%Fees for services (college tuition, university housing and dining)11%Federal tax money8.6%Fines and other4.5%

What stands out

76%

of Chipola College's money comes from state tax money.A typical community or technical college district gets 33%.

Fees for services11%

Fees for services
11%$2.6 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$2.3 million
  • University housing and dining$260 thousand

Amounts are by Census type of charge.

Federal tax money8.6%

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

From the federal government
8.6%$1.9 million

State tax money76%

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

From the state
76%$17.2 million

Fines and other4.5%

Interest, rents and other
4.5%$1.0 million

Where it goes

Schools and colleges100%

Spending by category100%

Schools and colleges
100%$25.8 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$24.2 million
  • Scholarships and other education subsidies$1.5 million
  • College housing, dining and bookstores$148 thousand
Sources and moreWhere these numbers come from and what they cover

Chipola 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 Chipola 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.