School district · Quay County, NM

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

In the latest recorded fiscal year (ended June 30, 2024), Mesalands Community College took in $8.0 million and spent $7.1 million.

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

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Where it comes from

State tax money80%Fees for services (college tuition, university housing and dining)11%School district taxes4.5%Federal tax money3.5%Fines and other1.8%

What stands out

80%

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

School district taxes4.5%

Property tax
4.5%$359 thousand

Fees for services11%

Fees for services
11%$842 thousand
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$643 thousand
  • University housing and dining$199 thousand

Amounts are by Census type of charge.

Federal tax money3.5%

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

From the federal government
3.5%$280 thousand

State tax money80%

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

From the state
80%$6.4 million

Fines and other1.8%

Interest, rents and other
1.8%$143 thousand

Where it goes

Schools and colleges100%

Spending by category100%

Schools and colleges
100%$7.1 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$6.3 million
  • Scholarships and other education subsidies$632 thousand
  • College housing, dining and bookstores$171 thousand
Sources and moreWhere these numbers come from and what they cover

Mesalands 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 Mesalands 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.