School district · Potter County, TX

Amarillo College's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Amarillo College took in $125 million and spent $158 million.

Latest recorded year: ended August 31, 2023Comes fromGoes to

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Where it comes from

School district taxes31%Federal tax money23%State tax money22%Fees for services (college tuition, university housing and dining)20%Fines and other3.1%County and local tax money2.0%

What stands out

23%

of Amarillo College's money comes from federal tax money.A typical community or technical college district gets 4.1%.

School district taxes31%

Property tax
31%$38.5 million

Fees for services20%

Fees for services
20%$24.7 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$17.1 million
  • University housing and dining$7.6 million

Amounts are by Census type of charge.

Federal tax money23%

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

From the federal government
23%$28.3 million

State tax money22%

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

From the state
22%$27.2 million

County and local tax money2.0%

Money passed on by the county or other local governments.

From the county and other local governments
2.0%$2.4 million

Fines and other3.1%

Interest, rents and other
3.1%$3.9 million

Where it goes

Schools and colleges98%Interest on debt2.1%

Spending by category100%

Schools and colleges
98%$155 million
What's in schools and collegesColleges and universities; college housing, dining and bookstores and 1 more
  • Colleges and universities$134 million
  • College housing, dining and bookstores$13.4 million
  • Scholarships and other education subsidies$7.3 million
Interest on debt
2.1%$3.3 million
Sources and moreWhere these numbers come from and what they cover

Amarillo College. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended August 31, 2023.

What this covers. The money of Amarillo 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.