School district · San Miguel County, NM

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

In the latest recorded fiscal year (ended June 30, 2024), Luna Community College took in $13.5 million and spent $12.0 million.

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

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Where it comes from

State tax money63%County and local tax money22%Fees for services (college tuition, university housing and dining)12%Federal tax money2.1%Fines and other1.3%

What stands out

22%

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

Fees for services12%

Fees for services
12%$1.6 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$1.6 million
  • University housing and dining$17 thousand

Amounts are by Census type of charge.

Federal tax money2.1%

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

From the federal government
2.1%$285 thousand

State tax money63%

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

From the state
63%$8.5 million

County and local tax money22%

Money passed on by the county or other local governments.

From the county and other local governments
22%$2.9 million

Fines and other1.3%

Interest, rents and other
1.3%$176 thousand

Where it goes

Schools and colleges100%

Spending by category100%

Schools and colleges
100%$12.0 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$11.2 million
  • Scholarships and other education subsidies$570 thousand
  • College housing, dining and bookstores$162 thousand
Sources and moreWhere these numbers come from and what they cover

Luna 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 Luna 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.