School district · Bay County, FL

Gulf Coast State College's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Gulf Coast State College took in $55.1 million and spent $77.7 million.

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

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Where it comes from

State tax money80%Fees for services (college tuition, university housing and dining)13%Federal tax money4.7%Fines and other1.6%

What stands out

80%

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

Fees for services13%

Fees for services
13%$7.3 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$5.8 million
  • University housing and dining$1.5 million

Amounts are by Census type of charge.

Federal tax money4.7%

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

From the federal government
4.7%$2.6 million

State tax money80%

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

From the state
80%$44.3 million

Fines and other1.6%

Interest, rents and other
1.6%$872 thousand

Where it goes

Schools and colleges100%Interest on debt0.1%

Spending by category100%

Schools and colleges
100%$77.6 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$69.0 million
  • Scholarships and other education subsidies$5.6 million
  • College housing, dining and bookstores$3.0 million
Interest on debt
0.1%$102 thousand
Sources and moreWhere these numbers come from and what they cover

Gulf Coast State 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 Gulf Coast State 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.