School district · Pottawattamie County, IA

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

In the latest recorded fiscal year (ended June 30, 2024), Iowa Western Community College took in $81.8 million and spent $72.4 million.

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

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Where it comes from

Fees for services (college tuition, university housing and dining)40%State tax money26%School district taxes21%Federal tax money11%Fines and other2.7%

What stands out

40%

of Iowa Western Community College's money comes from fees for services such as water, sewer and parking.A typical community or technical college district gets 21%.

School district taxes21%

Property tax
21%$17.1 million

Fees for services40%

Fees for services
40%$32.6 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$21.6 million
  • University housing and dining$11.0 million

Amounts are by Census type of charge.

Federal tax money11%

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

From the federal government
11%$8.8 million

State tax money26%

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

From the state
26%$21.1 million

Fines and other2.7%

Interest, rents and other
2.7%$2.2 million

Where it goes

Schools and colleges97%Interest on debt3.0%

Spending by category100%

Schools and colleges
97%$70.2 million
What's in schools and collegesColleges and universities; college housing, dining and bookstores and 1 more
  • Colleges and universities$57.1 million
  • College housing, dining and bookstores$11.8 million
  • Scholarships and other education subsidies$1.3 million
Interest on debt
3.0%$2.2 million
Sources and moreWhere these numbers come from and what they cover

Iowa Western 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 Iowa Western 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.