School district · Ector County, TX
Odessa College's money: where it comes from and where it goes
In the latest recorded fiscal year (ended August 31, 2023), Odessa College took in $80.3 million and spent $88.5 million.
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Where it comes from
What stands out
of Odessa College's money comes from property tax.A typical community or technical college district gets 15%.
School district taxes45%
Fees for services22%
What's in fees for servicesCollege tuition and university housing and dining
- College tuition$15.5 million
- University housing and dining$1.9 million
Amounts are by Census type of charge.
Federal tax money2.4%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money25%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money0.7%
Money passed on by the county or other local governments.
Fines and other5.7%
Where it goes
What stands out
of Odessa College's spending goes to interest on debt.Most community and technical college districts spend nothing on this.
Spending by category100%
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
- Colleges and universities$72.2 million
- Scholarships and other education subsidies$9.1 million
- College housing, dining and bookstores$4.1 million
Sources and moreWhere these numbers come from and what they cover
Odessa 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 Odessa 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.