School district · Bernalillo County, NM

Central New Mexico Community College's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Central New Mexico Community College took in $339 million and spent $192 million.

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

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Where it comes from

State tax money33%County and local tax money28%School district taxes27%Fees for services (college tuition, university housing and dining)5.4%Fines and other3.7%Federal tax money2.6%

What stands out

28%

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

School district taxes27%

Property tax
27%$92.3 million

Fees for services5.4%

Fees for services
5.4%$18.5 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$17.3 million
  • University housing and dining$1.1 million

Amounts are by Census type of charge.

Federal tax money2.6%

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

From the federal government
2.6%$8.8 million

State tax money33%

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

From the state
33%$114 million

County and local tax money28%

Money passed on by the county or other local governments.

From the county and other local governments
28%$93.3 million

Fines and other3.7%

Interest, rents and other
3.7%$12.7 million

Where it goes

Schools and colleges100%

Spending by category100%

Schools and colleges
100%$192 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$179 million
  • Scholarships and other education subsidies$12.3 million
  • College housing, dining and bookstores$984 thousand
Sources and moreWhere these numbers come from and what they cover

Central New Mexico 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 Central New Mexico 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.