School district · Curry County, NM

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

In the latest recorded fiscal year (ended June 30, 2024), Clovis Community College District took in $26.3 million and spent $19.7 million.

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

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Where it comes from

State tax money64%Fees for services (college tuition, university housing and dining)14%Federal tax money12%School district taxes7.4%Fines and other2.9%

What stands out

64%

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

School district taxes7.4%

Property tax
7.4%$2.0 million

Fees for services14%

Fees for services
14%$3.6 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$3.5 million
  • University housing and dining$116 thousand

Amounts are by Census type of charge.

Federal tax money12%

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

From the federal government
12%$3.2 million

State tax money64%

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

From the state
64%$16.8 million

Fines and other2.9%

Interest, rents and other
2.9%$758 thousand

Where it goes

Schools and colleges96%Interest on debt3.9%

What stands out

3.9%

of Clovis Community College District's spending goes to interest on debt.Most community and technical college districts spend nothing on this.

Spending by category100%

Schools and colleges
96%$18.9 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$17.4 million
  • Scholarships and other education subsidies$1.5 million
  • College housing, dining and bookstores$27 thousand
Interest on debt
3.9%$758 thousand
Sources and moreWhere these numbers come from and what they cover

Clovis Community College District. 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 Clovis Community College District 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.