School district · Multnomah County, OR

Mt. Hood Community College's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Mt. Hood Community College took in $102 million and spent $92.3 million.

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

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Where it comes from

State tax money59%School district taxes15%Federal tax money12%Fees for services (college tuition, university housing and dining)9.6%Fines and other3.4%County and local tax money0.5%

What stands out

59%

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

School district taxes15%

Property tax
15%$15.4 million

Fees for services9.6%

Fees for services
9.6%$9.8 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$9.1 million
  • University housing and dining$665 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%$12.5 million

State tax money59%

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

From the state
59%$60.3 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%$515 thousand

Fines and other3.4%

Interest, rents and other
3.4%$3.5 million

Where it goes

Schools and colleges96%Interest on debt3.7%

What stands out

3.7%

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

Spending by category100%

Schools and colleges
96%$88.8 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$80.1 million
  • Scholarships and other education subsidies$7.8 million
  • College housing, dining and bookstores$860 thousand
Interest on debt
3.7%$3.4 million
Sources and moreWhere these numbers come from and what they cover

Mt. Hood 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 Mt. Hood 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.