School district · McHenry County, IL
McHenry County College's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2024), McHenry County College took in $68.6 million and spent $65.4 million.
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Where it comes from
What stands out
of McHenry County College's money comes from property tax.A typical community or technical college district gets 15%.
School district taxes42%
Fees for services24%
What's in fees for servicesCollege tuition and university housing and dining
- College tuition$13.4 million
- University housing and dining$3.3 million
Amounts are by Census type of charge.
State tax money30%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other3.8%
Where it goes
Spending by category100%
What's in schools and collegesColleges and universities; college housing, dining and bookstores and 1 more
- Colleges and universities$58.0 million
- College housing, dining and bookstores$5.4 million
- Scholarships and other education subsidies$1.5 million
Sources and moreWhere these numbers come from and what they cover
McHenry County 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 McHenry County 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.