School district · Rock Island County, IL

Black Hawk College's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Black Hawk College took in $52.8 million and spent $87.6 million.

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

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Where it comes from

School district taxes55%Fees for services (college tuition, university housing and dining)15%State tax money12%Fines and other10%Federal tax money7.3%

What stands out

55%

of Black Hawk College's money comes from property tax.A typical community or technical college district gets 15%.

School district taxes55%

Property tax
55%$29.1 million

Fees for services15%

Fees for services
15%$8.1 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$7.3 million
  • University housing and dining$775 thousand

Amounts are by Census type of charge.

Federal tax money7.3%

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

From the federal government
7.3%$3.9 million

State tax money12%

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

From the state
12%$6.2 million

Fines and other10%

Interest, rents and other
10%$5.5 million

Where it goes

Schools and colleges95%Interest on debt4.5%

What stands out

4.5%

of Black Hawk College's spending goes to interest on debt.Most community and technical college districts spend nothing on this.

Spending by category100%

Schools and colleges
95%$83.7 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$73.0 million
  • Scholarships and other education subsidies$7.7 million
  • College housing, dining and bookstores$3.0 million
Interest on debt
4.5%$4.0 million
Sources and moreWhere these numbers come from and what they cover

Black Hawk 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 Black Hawk 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.