School district · Kalamazoo County, MI

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

In the latest recorded fiscal year (ended June 30, 2024), Kalamazoo Valley Community College took in $82.7 million and spent $82.1 million.

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

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Where it comes from

School district taxes36%State tax money30%Fees for services (college tuition, university housing and dining)29%Fines and other3.2%Federal tax money2.9%

What stands out

36%

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

School district taxes36%

Property tax
36%$29.5 million

Fees for services29%

Fees for services
29%$23.7 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$19.9 million
  • University housing and dining$3.8 million

Amounts are by Census type of charge.

Federal tax money2.9%

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

From the federal government
2.9%$2.4 million

State tax money30%

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

From the state
30%$24.6 million

Fines and other3.2%

Interest, rents and other
3.2%$2.6 million

Where it goes

Schools and colleges100%Interest on debt0.2%

Spending by category100%

Schools and colleges
100%$82.0 million
What's in schools and collegesColleges and universities; college housing, dining and bookstores and 1 more
  • Colleges and universities$74.1 million
  • College housing, dining and bookstores$6.4 million
  • Scholarships and other education subsidies$1.5 million
Interest on debt
0.2%$143 thousand
Sources and moreWhere these numbers come from and what they cover

Kalamazoo Valley 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 Kalamazoo Valley 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.