School district · Alpena County, MI

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

In the latest recorded fiscal year (ended June 30, 2024), Alpena Community College District took in $22.7 million and spent $17.6 million.

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

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Where it comes from

State tax money34%Fees for services (college tuition, university housing and dining)30%Federal tax money15%School district taxes14%Fines and other7.0%

What stands out

15%

of Alpena Community College District's money comes from federal tax money.A typical community or technical college district gets 4.1%.

School district taxes14%

Property tax
14%$3.2 million

Fees for services30%

Fees for services
30%$6.8 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$6.0 million
  • University housing and dining$847 thousand

Amounts are by Census type of charge.

Federal tax money15%

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

From the federal government
15%$3.4 million

State tax money34%

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

From the state
34%$7.7 million

Fines and other7.0%

Interest, rents and other
7.0%$1.6 million

Where it goes

Schools and colleges100%Interest on debt0.5%

Spending by category100%

Schools and colleges
100%$17.5 million
What's in schools and collegesColleges and universities; college housing, dining and bookstores and 1 more
  • Colleges and universities$17.0 million
  • College housing, dining and bookstores$274 thousand
  • Scholarships and other education subsidies$238 thousand
Interest on debt
0.5%$83 thousand
Sources and moreWhere these numbers come from and what they cover

Alpena Community College District. 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 Alpena Community College District 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.