School district · Miami-Dade County, FL

Miami Dade College's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Miami Dade College took in $485 million and spent $556 million.

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

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Where it comes from

State tax money52%Federal tax money17%Fees for services (college tuition, university housing and dining)16%Fines and other15%County and local tax money0.4%

What stands out

15%

of Miami Dade College's money comes from interest, rents and other revenue.A typical community or technical college district gets 3%.

Fees for services16%

Fees for services
16%$77.6 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$69.9 million
  • University housing and dining$7.7 million

Amounts are by Census type of charge.

Federal tax money17%

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

From the federal government
17%$80.5 million

State tax money52%

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

From the state
52%$253 million

County and local tax money0.4%

Money passed on by the county or other local governments.

From the county and other local governments
0.4%$2.0 million

Fines and other15%

Interest, rents and other
15%$72.1 million

Where it goes

Schools and colleges100%

Spending by category100%

Schools and colleges
100%$556 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$470 million
  • Scholarships and other education subsidies$73.3 million
  • College housing, dining and bookstores$13.1 million
Sources and moreWhere these numbers come from and what they cover

Miami Dade 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 Miami Dade 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.