School district · Wilbarger County, TX

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

In the latest recorded fiscal year (ended August 31, 2023), Vernon College took in $17.7 million and spent $23.8 million.

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

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Where it comes from

State tax money57%School district taxes21%Fees for services (college tuition, university housing and dining)8.8%County and local tax money6.8%Fines and other4.4%Federal tax money1.8%

What stands out

6.8%

of Vernon College's money comes from county and other local tax money.Most community and technical college districts get none.

School district taxes21%

Property tax
21%$3.7 million

Fees for services8.8%

Fees for services
8.8%$1.6 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$885 thousand
  • University housing and dining$666 thousand

Amounts are by Census type of charge.

Federal tax money1.8%

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

From the federal government
1.8%$316 thousand

State tax money57%

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

From the state
57%$10.1 million

County and local tax money6.8%

Money passed on by the county or other local governments.

From the county and other local governments
6.8%$1.2 million

Fines and other4.4%

Interest, rents and other
4.4%$784 thousand

Where it goes

Schools and colleges99%Interest on debt0.7%

Spending by category100%

Schools and colleges
99%$23.6 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$19.8 million
  • Scholarships and other education subsidies$2.2 million
  • College housing, dining and bookstores$1.6 million
Interest on debt
0.7%$158 thousand
Sources and moreWhere these numbers come from and what they cover

Vernon 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 Vernon 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.