School district · Ingham County, MI

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

In the latest recorded fiscal year (ended June 30, 2024), Lansing Community College took in $142 million and spent $95.0 million.

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

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Where it comes from

School district taxes36%State tax money32%Fees for services (college tuition, university housing and dining)21%Fines and other4.2%County and local tax money4.1%Federal tax money2.2%

What stands out

36%

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

School district taxes36%

Property tax
36%$51.6 million

Fees for services21%

Fees for services
21%$30.3 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$29.1 million
  • University housing and dining$1.2 million

Amounts are by Census type of charge.

Federal tax money2.2%

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

From the federal government
2.2%$3.2 million

State tax money32%

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

From the state
32%$44.8 million

County and local tax money4.1%

Money passed on by the county or other local governments.

From the county and other local governments
4.1%$5.7 million

Fines and other4.2%

Interest, rents and other
4.2%$6.0 million

Where it goes

Schools and colleges97%Interest on debt3.3%

What stands out

3.3%

of Lansing Community College's spending goes to interest on debt.Most community and technical college districts spend nothing on this.

Spending by category100%

Schools and colleges
97%$91.8 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$83.6 million
  • Scholarships and other education subsidies$7.4 million
  • College housing, dining and bookstores$853 thousand
Interest on debt
3.3%$3.2 million
Sources and moreWhere these numbers come from and what they cover

Lansing 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 Lansing 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.