School district · Davison County, SD
Mitchell Technical Institute's money: where it comes from and where it goes
In the latest recorded fiscal year, Mitchell Technical Institute took in $18.9 million and spent $25.8 million.
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Where it comes from
What stands out
of Mitchell Technical Institute's money comes from federal tax money.A typical community or technical college district gets 4.1%.
Fees for services42%
What's in fees for servicesCollege tuition and university housing and dining
- College tuition$5.8 million
- University housing and dining$2.1 million
Amounts are by Census type of charge.
Federal tax money19%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money36%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other3.9%
Where it goes
Spending by category100%
What's in schools and collegesColleges and universities; college housing, dining and bookstores and 1 more
- Colleges and universities$21.5 million
- College housing, dining and bookstores$2.1 million
- Scholarships and other education subsidies$2.0 million
Sources and moreWhere these numbers come from and what they cover
Mitchell 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 Mitchell 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.