School district · Eastland County, TX

Ranger College's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Ranger College took in $17.1 million and spent $20.0 million.

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

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Where it comes from

State tax money51%Fees for services (college tuition, university housing and dining)35%Federal tax money7.7%School district taxes3.5%Fines and other2.3%

What stands out

51%

of Ranger College's money comes from state tax money.A typical community or technical college district gets 33%.

School district taxes3.5%

Property tax
3.5%$601 thousand

Fees for services35%

Fees for services
35%$6.0 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$4.5 million
  • University housing and dining$1.5 million

Amounts are by Census type of charge.

Federal tax money7.7%

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

From the federal government
7.7%$1.3 million

State tax money51%

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

From the state
51%$8.8 million

Fines and other2.3%

Interest, rents and other
2.3%$397 thousand

Where it goes

Schools and colleges99%Interest on debt0.6%

Spending by category100%

Schools and colleges
99%$19.9 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$13.6 million
  • Scholarships and other education subsidies$3.4 million
  • College housing, dining and bookstores$2.8 million
Interest on debt
0.6%$113 thousand
Sources and moreWhere these numbers come from and what they cover

Ranger 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 Ranger 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.