School district · Hillsborough County, FL

Hillsborough Community College's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Hillsborough Community College took in $148 million and spent $210 million.

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

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Where it comes from

State tax money64%Fees for services (college tuition, university housing and dining)33%Fines and other2.0%Federal tax money0.6%

What stands out

64%

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

Fees for services33%

Fees for services
33%$49.0 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$47.9 million
  • University housing and dining$1.1 million

Amounts are by Census type of charge.

Federal tax money0.6%

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

From the federal government
0.6%$892 thousand

State tax money64%

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

From the state
64%$95.3 million

Fines and other2.0%

Interest, rents and other
2.0%$3.0 million

Where it goes

Schools and colleges100%Interest on debt<0.1%

Spending by category100%

Schools and colleges
100%$210 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$187 million
  • Scholarships and other education subsidies$21.8 million
  • College housing, dining and bookstores$841 thousand
Interest on debt
<0.1%$138 thousand
Sources and moreWhere these numbers come from and what they cover

Hillsborough Community 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 Hillsborough Community 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.