School district · Union County, IA

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

In the latest recorded fiscal year (ended June 30, 2024), Southwestern Community College took in $22.4 million and spent $22.8 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

Fees for services (college tuition, university housing and dining)41%State tax money35%School district taxes16%Federal tax money5.5%County and local tax money1.7%Fines and other0.8%

What stands out

41%

of Southwestern 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 taxes16%

Property tax

16%$3.6 million

Fees for services41%

Fees for services

41%$9.1 million

What's in fees for servicesCollege tuition and university housing and dining

College tuition$7.3 million
University housing and dining$1.8 million

Amounts are by Census type of charge.

Federal tax money5.5%

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

From the federal government

5.5%$1.2 million

State tax money35%

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

From the state

35%$7.9 million

County and local tax money1.7%

Money passed on by the county or other local governments.

From the county and other local governments

1.7%$384 thousand

Fines and other0.8%

Interest, rents and other

0.8%$172 thousand

Where it goes

Schools and colleges99%Interest on debt1.0%

Spending by category100%

Schools and colleges

99%$22.6 million

What's in schools and collegesColleges and universities; college housing, dining and bookstores and 1 more

Colleges and universities$17.7 million
College housing, dining and bookstores$3.8 million
Scholarships and other education subsidies$1.2 million

Interest on debt

1.0%$234 thousand

Sources and moreWhere these numbers come from and what they cover

Southwestern 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 Southwestern 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.