School district · Berks County, PA

Reading Area Cmty College's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Reading Area Cmty College took in $38.7 million and spent $55.0 million.

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

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Where it comes from

State tax money50%Fees for services (college tuition)21%County and local tax money17%Federal tax money9.9%Fines and other2.9%

What stands out

17%

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

Fees for services21%

Fees for services
21%$8.1 million
What's in fees for servicesCollege tuition
  • College tuition$8.1 million

Amounts are by Census type of charge.

Federal tax money9.9%

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

From the federal government
9.9%$3.8 million

State tax money50%

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

From the state
50%$19.1 million

County and local tax money17%

Money passed on by the county or other local governments.

From the county and other local governments
17%$6.4 million

Fines and other2.9%

Interest, rents and other
2.9%$1.1 million

Where it goes

Schools and colleges99%Interest on debt1.3%

Spending by category100%

Schools and colleges
99%$54.3 million
What's in schools and collegesColleges and universities and scholarships and other education subsidies
  • Colleges and universities$51.9 million
  • Scholarships and other education subsidies$2.5 million
Interest on debt
1.3%$714 thousand
Sources and moreWhere these numbers come from and what they cover

Reading Area Cmty 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 Reading Area Cmty 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.