School district · McLennan County, TX

McLennan Cmty College's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), McLennan Cmty College took in $81.4 million and spent $87.7 million.

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

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Where it comes from

School district taxes44%State tax money26%Fees for services (college tuition, university housing and dining)16%Federal tax money7.3%Fines and other6.3%

What stands out

44%

of McLennan Cmty College's money comes from property tax.A typical community or technical college district gets 15%.

School district taxes44%

Property tax
44%$36.0 million

Fees for services16%

Fees for services
16%$13.1 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$12.4 million
  • University housing and dining$714 thousand

Amounts are by Census type of charge.

Federal tax money7.3%

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

From the federal government
7.3%$5.9 million

State tax money26%

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

From the state
26%$21.3 million

Fines and other6.3%

Interest, rents and other
6.3%$5.1 million

Where it goes

Schools and colleges98%Interest on debt1.9%

Spending by category100%

Schools and colleges
98%$86.0 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$74.9 million
  • Scholarships and other education subsidies$7.5 million
  • College housing, dining and bookstores$3.5 million
Interest on debt
1.9%$1.7 million
Sources and moreWhere these numbers come from and what they cover

McLennan Cmty 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 McLennan Cmty 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.