School district · Jackson County, MI

Jackson College's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Jackson College took in $43.5 million and spent $65.2 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)38%State tax money33%School district taxes15%Federal tax money11%Fines and other4.0%

What stands out

38%

of Jackson 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 taxes15%

Property tax
15%$6.3 million

Fees for services38%

Fees for services
38%$16.3 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$12.3 million
  • University housing and dining$4.0 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%$4.6 million

State tax money33%

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

From the state
33%$14.5 million

Fines and other4.0%

Interest, rents and other
4.0%$1.7 million

Where it goes

Schools and colleges99%Interest on debt1.0%

Spending by category100%

Schools and colleges
99%$64.5 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$50.0 million
  • Scholarships and other education subsidies$9.2 million
  • College housing, dining and bookstores$5.4 million
Interest on debt
1.0%$633 thousand
Sources and moreWhere these numbers come from and what they cover

Jackson 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 Jackson 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.