Midlands Technical College Financials


For the 26th consecutive year, the Government Finance Officers Association (GFOA) has awarded MTC the Certificate of Achievement for Excellence in Financial Reporting (CAFR). The certificate is the highest form of national recognition in the areas of governmental accounting and financial reporting.


MTC Revenue by Source FY 2022


State Appropriations Local Appropriations


0.2% Other


0.7% Auxiliary 39.0%


13.6% 17.9% 28.6% Tuition and Fees


Grants and Contracts


MTC Operating Expenses by Function FY 2022


4.1% Depreciation Scholarships 1.2%


Auxiliary Enterprise


Institutional Support Instructional 24.1% 32.9% 12.0% 8.7% 10.8% Academic Support Plant Operations Student Support 43 6.2%


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