School district · Lake County, FL
Lake-Sumter State College's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2024), Lake-Sumter State College took in $57.3 million and spent $49.2 million.
See every government that serves your ZIP
Where it comes from
What stands out
of Lake-Sumter State College's money comes from state tax money.A typical community or technical college district gets 33%.
Fees for services16%
What's in fees for servicesCollege tuition and university housing and dining
- College tuition$8.6 million
- University housing and dining$295 thousand
Amounts are by Census type of charge.
Federal tax money0.5%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money77%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money3.0%
Money passed on by the county or other local governments.
Fines and other3.8%
Where it goes
Spending by category100%
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
- Colleges and universities$47.2 million
- Scholarships and other education subsidies$1.8 million
- College housing, dining and bookstores$188 thousand
Sources and moreWhere these numbers come from and what they cover
Lake-Sumter 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 Lake-Sumter 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.