School district · Bell County, TX

Central Texas College's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Central Texas College took in $69.4 million and spent $69.2 million.

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

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Where it comes from

Fees for services (college tuition, university housing and dining)42%State tax money32%School district taxes20%Federal tax money3.4%County and local tax money2.1%

What stands out

42%

of Central Texas College's money comes from fees for services such as water, sewer and parking.A typical community or technical college district gets 21%.

School district taxes20%

Property tax
20%$14.1 million

Fees for services42%

Fees for services
42%$29.3 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$26.9 million
  • University housing and dining$2.4 million

Amounts are by Census type of charge.

Federal tax money3.4%

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

From the federal government
3.4%$2.3 million

State tax money32%

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

From the state
32%$22.2 million

County and local tax money2.1%

Money passed on by the county or other local governments.

From the county and other local governments
2.1%$1.5 million

Fines and other<0.1%

Interest, rents and other
<0.1%$17 thousand

Where it goes

Schools and colleges100%

Spending by category100%

Schools and colleges
100%$69.2 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$61.8 million
  • Scholarships and other education subsidies$4.2 million
  • College housing, dining and bookstores$3.2 million
Sources and moreWhere these numbers come from and what they cover

Central Texas 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 Central Texas 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.