School district · St Francois County, MO

Mineral Area College's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Mineral Area College took in $36.2 million and spent $38.6 million.

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

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Where it comes from

State tax money50%Fees for services (college tuition, university housing and dining)26%School district taxes15%Federal tax money5.5%Fines and other3.8%

What stands out

50%

of Mineral Area College's money comes from state tax money.A typical community or technical college district gets 33%.

School district taxes15%

Property tax
15%$5.6 million

Fees for services26%

Fees for services
26%$9.2 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$6.7 million
  • University housing and dining$2.6 million

Amounts are by Census type of charge.

Federal tax money5.5%

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

From the federal government
5.5%$2.0 million

State tax money50%

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

From the state
50%$18.0 million

Fines and other3.8%

Interest, rents and other
3.8%$1.4 million

Where it goes

Schools and colleges98%Interest on debt1.7%

Spending by category100%

Schools and colleges
98%$38.0 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$28.7 million
  • Scholarships and other education subsidies$6.6 million
  • College housing, dining and bookstores$2.7 million
Interest on debt
1.7%$642 thousand
Sources and moreWhere these numbers come from and what they cover

Mineral Area 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 Mineral Area 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.