School district · Montcalm County, MI

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

In the latest recorded fiscal year (ended June 30, 2024), Montcalm Community College took in $21.9 million and spent $13.3 million.

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

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Where it comes from

School district taxes38%State tax money24%Fees for services (college tuition, university housing and dining)22%Fines and other16%

What stands out

16%

of Montcalm Community College's money comes from interest, rents and other revenue.A typical community or technical college district gets 3%.

School district taxes38%

Property tax
38%$8.3 million

Fees for services22%

Fees for services
22%$4.8 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$4.8 million
  • University housing and dining$81 thousand

Amounts are by Census type of charge.

State tax money24%

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

From the state
24%$5.2 million

Fines and other16%

Interest, rents and other
16%$3.5 million

Where it goes

Schools and colleges99%Interest on debt1.4%

Spending by category100%

Schools and colleges
99%$13.2 million
What's in schools and collegesColleges and universities and scholarships and other education subsidies
  • Colleges and universities$11.5 million
  • Scholarships and other education subsidies$1.6 million
Interest on debt
1.4%$183 thousand
Sources and moreWhere these numbers come from and what they cover

Montcalm 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 Montcalm 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.