School district · Santa Fe County, NM

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

In the latest recorded fiscal year (ended June 30, 2024), Santa Fe Community College took in $70.7 million and spent $37.2 million.

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

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Where it comes from

School district taxes45%State tax money37%Fees for services (college tuition, university housing and dining)7.5%Federal tax money7.3%Fines and other3.5%County and local tax money0.5%

What stands out

45%

of Santa Fe Community College's money comes from property tax.A typical community or technical college district gets 15%.

School district taxes45%

Property tax
45%$31.6 million

Fees for services7.5%

Fees for services
7.5%$5.3 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$5.0 million
  • University housing and dining$269 thousand

Amounts are by Census type of charge.

Federal tax money7.3%

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

From the federal government
7.3%$5.2 million

State tax money37%

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

From the state
37%$25.8 million

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments
0.5%$358 thousand

Fines and other3.5%

Interest, rents and other
3.5%$2.5 million

Where it goes

Schools and colleges99%Interest on debt1.2%

Spending by category100%

Schools and colleges
99%$36.8 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$34.5 million
  • Scholarships and other education subsidies$1.5 million
  • College housing, dining and bookstores$741 thousand
Interest on debt
1.2%$456 thousand
Sources and moreWhere these numbers come from and what they cover

Santa Fe 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 Santa Fe 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.