School district · Cook County, IL

William Rainey Harper College's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), William Rainey Harper College took in $207 million and spent $192 million.

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

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Where it comes from

School district taxes47%State tax money21%Fees for services (college tuition, university housing and dining)21%Fines and other8.2%Federal tax money2.5%County and local tax money0.9%

What stands out

47%

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

School district taxes47%

Property tax
47%$97.6 million

Fees for services21%

Fees for services
21%$42.5 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$40.9 million
  • University housing and dining$1.7 million

Amounts are by Census type of charge.

Federal tax money2.5%

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

From the federal government
2.5%$5.2 million

State tax money21%

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

From the state
21%$42.8 million

County and local tax money0.9%

Money passed on by the county or other local governments.

From the county and other local governments
0.9%$1.9 million

Fines and other8.2%

Interest, rents and other
8.2%$17.0 million

Where it goes

Schools and colleges97%Interest on debt3.3%

What stands out

3.3%

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

Spending by category100%

Schools and colleges
97%$186 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$176 million
  • Scholarships and other education subsidies$8.4 million
  • College housing, dining and bookstores$2.1 million
Interest on debt
3.3%$6.4 million
Sources and moreWhere these numbers come from and what they cover

William Rainey Harper 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 William Rainey Harper 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.