School district · Hinds County, MS

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

In the latest recorded fiscal year (ended June 30, 2024), Hinds Community College took in $170 million and spent $165 million.

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

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Where it comes from

Federal tax money47%State tax money30%Fees for services (university housing and dining, college tuition)15%County and local tax money7.7%Fines and other0.3%

What stands out

47%

of Hinds Community College's money comes from federal tax money.A typical community or technical college district gets 4.1%.

Fees for services15%

Fees for services
15%$25.0 million
What's in fees for servicesUniversity housing and dining and college tuition
  • University housing and dining$13.3 million
  • College tuition$11.7 million

Amounts are by Census type of charge.

Federal tax money47%

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

From the federal government
47%$80.1 million

State tax money30%

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

From the state
30%$51.2 million

County and local tax money7.7%

Money passed on by the county or other local governments.

From the county and other local governments
7.7%$13.0 million

Fines and other0.3%

Interest, rents and other
0.3%$445 thousand

Where it goes

Schools and colleges99%Interest on debt1.1%

Spending by category100%

Schools and colleges
99%$163 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$98.4 million
  • Scholarships and other education subsidies$52.2 million
  • College housing, dining and bookstores$12.3 million
Interest on debt
1.1%$1.8 million
Sources and moreWhere these numbers come from and what they cover

Hinds 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 Hinds 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.