School district · Macon County, IL

Richland Community College's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Richland Community College took in $32.6 million and spent $36.9 million.

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

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Where it comes from

School district taxes46%Fees for services (university housing and dining, college tuition)25%Federal tax money13%County and local tax money12%Fines and other4.2%

What stands out

12%

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

School district taxes46%

Property tax
46%$14.9 million

Fees for services25%

Fees for services
25%$8.2 million
What's in fees for servicesUniversity housing and dining and college tuition
  • University housing and dining$5.6 million
  • College tuition$2.6 million

Amounts are by Census type of charge.

Federal tax money13%

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

From the federal government
13%$4.4 million

County and local tax money12%

Money passed on by the county or other local governments.

From the county and other local governments
12%$3.8 million

Fines and other4.2%

Interest, rents and other
4.2%$1.4 million

Where it goes

Schools and colleges97%Interest on debt2.8%

Spending by category100%

Schools and colleges
97%$35.9 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$32.7 million
  • Scholarships and other education subsidies$2.5 million
  • College housing, dining and bookstores$748 thousand
Interest on debt
2.8%$1.0 million
Sources and moreWhere these numbers come from and what they cover

Richland Community 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 Richland Community 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.