School district · Woodbury County, IA

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

In the latest recorded fiscal year (ended June 30, 2024), Western Iowa Technical Community College took in $57.7 million and spent $74.4 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)37%State tax money36%School district taxes18%Federal tax money5.9%Fines and other3.6%

What stands out

37%

of Western Iowa Technical 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 taxes18%

Property tax
18%$10.4 million

Fees for services37%

Fees for services
37%$21.2 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$15.1 million
  • University housing and dining$6.1 million

Amounts are by Census type of charge.

Federal tax money5.9%

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

From the federal government
5.9%$3.4 million

State tax money36%

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

From the state
36%$20.6 million

Fines and other3.6%

Interest, rents and other
3.6%$2.1 million

Where it goes

Schools and colleges99%Interest on debt0.9%

Spending by category100%

Schools and colleges
99%$73.7 million
What's in schools and collegesColleges and universities; college housing, dining and bookstores and 1 more
  • Colleges and universities$63.9 million
  • College housing, dining and bookstores$7.9 million
  • Scholarships and other education subsidies$1.9 million
Interest on debt
0.9%$658 thousand
Sources and moreWhere these numbers come from and what they cover

Western Iowa Technical 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 Western Iowa Technical 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.