Lone Star College System finished fiscal year 2024-25 with a net income of $163 million, after subtracting expenses from revenues, according to LSCS’ Annual Comprehensive Financial Report.
The gist
During the LSCS board of trustees’ regular March 5 meeting, Chief Financial Officer Kristy Vienne presented the college system’s Annual Comprehensive Financial Report for fiscal year 2024-25. The fiscal year ran from Sept. 1, 2024-Aug. 31, 2025.
According to LSCS’ financial report, posted on the college system’s website, actual totals for FY 2024-25 were:
- $604 million in nonoperating revenues, which include property taxes and state funding
- $563.64 million in operating expenses, which includes educational and auxiliary activities
- $122.68 million for operating revenues, which includes tuition and grants
The district’s FY 2024-25 net income—expenses subtracted from revenues—was $163 million, according to Vienne’s presentation. For FY 2023-24, LSCS’s net income was $103 million.
Remember this?
In August 2024, LSCS’s board of trustees approved the FY 2024-25 budget with $513.1 million each in total projected revenues and total projected expenditures, as previously reported by Community Impact.
In August 2025, LSCS trustees passed a balanced budget of $548 million for fiscal year 2025-26, as previously reported. The FY 2025-26 budget includes $34.95 million in total new revenue, which comes from state appropriations, property taxes and students, among other miscellaneous sources.