University Spending
Most of UC Santa Barbara's revenue comes from outside Santa Barbara County from sources such as state and federal funding, education loans, research grants, and sales from educational services to residents outside the area. In the 2002-2003 school year, $426 million came from outside the county, comprising over 80% of total current fund revenues. The University averaged over $100 million every year (for the last six years) on various construction projects, $20 million of which stays within the county. Over $363 million of the total annual direct monetary contribution to the region stays local, within the county.