School district · Holmes County, MS

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

In the latest recorded fiscal year (ended June 30, 2024), Holmes Community College took in $51.1 million and spent $64.0 million.

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

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Where it comes from

State tax money53%Fees for services (college tuition, university housing and dining)21%County and local tax money16%Federal tax money7.4%Fines and other2.4%

What stands out

16%

of Holmes Community College's money comes from county and other local tax money.Most community and technical college districts get none.

Fees for services21%

Fees for services
21%$10.7 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$7.3 million
  • University housing and dining$3.4 million

Amounts are by Census type of charge.

Federal tax money7.4%

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

From the federal government
7.4%$3.8 million

State tax money53%

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

From the state
53%$27.3 million

County and local tax money16%

Money passed on by the county or other local governments.

From the county and other local governments
16%$8.1 million

Fines and other2.4%

Interest, rents and other
2.4%$1.2 million

Where it goes

Schools and colleges100%Interest on debt0.2%

Spending by category100%

Schools and colleges
100%$63.9 million
What's in schools and collegesColleges and universities; college housing, dining and bookstores and 1 more
  • Colleges and universities$56.4 million
  • College housing, dining and bookstores$4.2 million
  • Scholarships and other education subsidies$3.3 million
Interest on debt
0.2%$113 thousand
Sources and moreWhere these numbers come from and what they cover

Holmes 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 Holmes 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.