School district · Okaloosa County, FL

Northwest Florida State College's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Northwest Florida State College took in $69.9 million and spent $78.8 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

State tax money60%Fees for services (college tuition, university housing and dining)15%County and local tax money9.2%Fines and other9.1%Federal tax money5.6%School district taxes0.5%

What stands out

9.2%

of Northwest Florida State College's money comes from county and other local tax money.Most community and technical college districts get none.

School district taxes0.5%

Property tax

0.5%$357 thousand

Fees for services15%

Fees for services

15%$10.6 million

What's in fees for servicesCollege tuition and university housing and dining

College tuition$8.7 million
University housing and dining$1.9 million

Amounts are by Census type of charge.

Federal tax money5.6%

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

From the federal government

5.6%$3.9 million

State tax money60%

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

From the state

60%$42.3 million

County and local tax money9.2%

Money passed on by the county or other local governments.

From the county and other local governments

9.2%$6.5 million

Fines and other9.1%

Interest, rents and other

9.1%$6.4 million

Where it goes

Schools and colleges99%Interest on debt1.0%

Spending by category100%

Schools and colleges

99%$78.0 million

What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more

Colleges and universities$72.6 million
Scholarships and other education subsidies$2.8 million
College housing, dining and bookstores$2.6 million

Interest on debt

1.0%$795 thousand

Sources and moreWhere these numbers come from and what they cover

Northwest Florida 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 Northwest Florida 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.