• State and local governments allocated approximately $76.8 million in support of Lone Star College in FY 2008–09 and for every $1 appropriated, taxpayers will see a cumulative return of $2.30 in the form of higher tax revenues and avoided social costs.
• Higher earnings of Lone Star College students and associated increases in state income and business productivity expand the tax base in Texas by about $464.4 million each year.
• Because an educated workforce produces an improved lifestyle behavior, along with fewer welfare and unemployment claims, the 2008 – 09 student population of Lone Star College will generate $14.2 million a year in social savings to the Texas public.
View the full economic impact report (pdf)
BUDGET 2013 – 2014
FUNDING SOURCES 2013 – 2014
Property Tax - $109,570,000
State Funds - $72,510,000
Other - $6,380,000
Auxiliary - $14,700,000
Tuition and Fees - $104,970,000
PROPERTY TAX RATES
Maintenance and Operations - $0.0825
Interest and Sinking - $0.0335
Tax Rate Total - $0.1160
STANDARD & POOR'S AAA