School district · Genesee County, MI

Charles S Mott Community College's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Charles S Mott Community College took in $90.9 million and spent $81.6 million.

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

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Where it comes from

School district taxes35%State tax money31%Fees for services (college tuition, university housing and dining)26%Fines and other5.8%Federal tax money2.6%

What stands out

35%

of Charles S Mott Community College's money comes from property tax.A typical community or technical college district gets 15%.

School district taxes35%

Property tax
35%$31.7 million

Fees for services26%

Fees for services
26%$23.6 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$23.1 million
  • University housing and dining$532 thousand

Amounts are by Census type of charge.

Federal tax money2.6%

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

From the federal government
2.6%$2.4 million

State tax money31%

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

From the state
31%$27.9 million

Fines and other5.8%

Interest, rents and other
5.8%$5.3 million

Where it goes

Schools and colleges98%Interest on debt2.5%

Spending by category100%

Schools and colleges
98%$79.6 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$72.0 million
  • Scholarships and other education subsidies$7.3 million
  • College housing, dining and bookstores$287 thousand
Interest on debt
2.5%$2.0 million
Sources and moreWhere these numbers come from and what they cover

Charles S Mott 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 Charles S Mott 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.