School district · Galveston County, TX
College of the Mainland's money: where it comes from and where it goes
In the latest recorded fiscal year (ended August 31, 2023), College of the Mainland took in $77.0 million and spent $63.5 million.
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Where it comes from
What stands out
of College of the Mainland's money comes from property tax.A typical community or technical college district gets 15%.
School district taxes62%
Fees for services11%
What's in fees for servicesCollege tuition and university housing and dining
- College tuition$7.9 million
- University housing and dining$337 thousand
Amounts are by Census type of charge.
Federal tax money4.6%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money17%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other5.8%
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$61.4 million
- Scholarships and other education subsidies$1.9 million
- College housing, dining and bookstores$257 thousand
Sources and moreWhere these numbers come from and what they cover
College of the Mainland. 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 College of the Mainland 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.