School district · Winnebago County, IL

Rock Valley College's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Rock Valley College took in $244 million and spent $74.6 million.

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

See every government that serves your ZIP

Where it comes from

State tax money76%School district taxes14%Fees for services (college tuition, university housing and dining)7.4%Fines and other2.0%

What stands out

76%

of Rock Valley College's money comes from state tax money.A typical community or technical college district gets 33%.

School district taxes14%

Property tax
14%$34.8 million

Fees for services7.4%

Fees for services
7.4%$18.0 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$18.0 million
  • University housing and dining$11 thousand

Amounts are by Census type of charge.

State tax money76%

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

From the state
76%$186 million

Fines and other2.0%

Interest, rents and other
2.0%$4.8 million

Where it goes

Schools and colleges98%Interest on debt1.8%

Spending by category100%

Schools and colleges
98%$73.3 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$66.1 million
  • Scholarships and other education subsidies$4.7 million
  • College housing, dining and bookstores$2.4 million
Interest on debt
1.8%$1.3 million
Sources and moreWhere these numbers come from and what they cover

Rock Valley 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 Rock Valley 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.