NICK GOSNELL
Hutch Post
HUTCHINSON, Kan. — According to a study done for all the community colleges in the state, Hutchinson Community College provides value for the investment Reno County makes in tax dollars.
"We get local property tax revenue, of course, from the Reno County taxpayers," said HutchCC President Carter File. "A portion of our budget comes from the state of Kansas. That's based on student credit hours, but also what classes they are taking. Technical education classes are reimbursed at a higher rate. It's a complicated formula. It's not as complicated as the K-12 formula, but it's pretty complicated. Finally, we get student tuition and fees. Those are about 32% of our budget. The state is about 30%, the local property tax part is about 38%."
Last year, the college received about $15.6 million in property taxes.
"The total amount of economic impact that Hutchinson Community College has on an annual basis on the Reno County region is $391.5 million," File said.
So, simple math would dictate a return of about $25 for every $1 of taxes invested.
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