Graduation date: 2006Community colleges are experiencing a decline in state allocated funding. Traditionally, college administrators look for ways to cut expenditures and raise tuition and fees to make up for the shortfall. Using available land resources to generate a revenue stream may provide revenue for community colleges. The purpose of this study is to describe and analyze strategies whereby community colleges are using land resources as a way to enhance and diversify revenue. The significance of the study will be shown in three ways: (1) decline in funding of community colleges by state governments; (2) importance of diversification in funding sources; and (3) leveraging land resources can increase revenue generation. Due to inadequate funding from the state level, colleges may consider alternative funding sources. Land resources have not been significantly explored as a revenue stream. Additional research would help college leaders in the planning and possible implementation of these resources.