School district · Panola County, TX

Panola Co Jr College's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Panola Co Jr College took in $33.9 million and spent $38.2 million.

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

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Where it comes from

School district taxes42%State tax money26%Fees for services (college tuition, university housing and dining)16%Fines and other14%Federal tax money1.9%

What stands out

42%

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

School district taxes42%

Property tax
42%$14.3 million

Fees for services16%

Fees for services
16%$5.3 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$3.9 million
  • University housing and dining$1.4 million

Amounts are by Census type of charge.

Federal tax money1.9%

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

From the federal government
1.9%$633 thousand

State tax money26%

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

From the state
26%$8.9 million

Fines and other14%

Interest, rents and other
14%$4.7 million

Where it goes

Schools and colleges98%Interest on debt2.1%

Spending by category100%

Schools and colleges
98%$37.4 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$31.2 million
  • Scholarships and other education subsidies$3.7 million
  • College housing, dining and bookstores$2.5 million
Interest on debt
2.1%$798 thousand
Sources and moreWhere these numbers come from and what they cover

Panola Co Jr 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 Panola Co Jr 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.