School district · Codington County, SD
Lake Area Technical Institute's money: where it comes from and where it goes
In the latest recorded fiscal year, Lake Area Technical Institute took in $16.6 million and spent $43.0 million.
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Where it comes from
What stands out
of Lake Area Technical Institute's money comes from fees for services such as water, sewer and parking.A typical community or technical college district gets 21%.
Fees for services81%
What's in fees for servicesCollege tuition; university housing and dining and 1 more
- College tuition$13.1 million
- University housing and dining$257 thousand
- Parks, land and natural resources$73 thousand
Amounts are by Census type of charge.
Federal tax money19%
Grants from Washington, paid for by the federal taxes residents also pay.
Fines and other<0.1%
Where it goes
Spending by category100%
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
- Colleges and universities$36.2 million
- Scholarships and other education subsidies$5.5 million
- College housing, dining and bookstores$355 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
- Natural resources, farming and conservation$888 thousand
Sources and moreWhere these numbers come from and what they cover
Lake Area Technical Institute. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file. The Census record for this government is from the 2022 survey, the newest on file.
What this covers. The money of Lake Area Technical Institute 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.