School district · Jefferson County, AL

Homewood City School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended September 30, 2023), Homewood City School District took in $88.1 million and spent $76.4 million.

Latest recorded year: ended September 30, 2023Comes fromGoes to

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Where it comes from

State tax money42%School district taxes35%County and local tax money13%Fines and other5.2%Fees for services (school lunches, school tuition and transportation)4.0%Federal tax money<0.1%

What stands out

13%

of Homewood City School District's money comes from county and other local tax money.A typical school district with fewer than 5,000 students gets 1.1%.

School district taxes35%

Property tax
35%$31.1 million
Other taxes
<0.1%$24 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$24 thousand

Amounts are by Census tax category.

Fees for services4.0%

Fees for services
4.0%$3.6 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$1.9 million
  • School lunches$1.6 million
  • School tuition and transportation$83 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
<0.1%$61 thousand

State tax money42%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
42%$37.2 million

County and local tax money13%

Money passed on by the county or other local governments.

From the county and other local governments
13%$11.6 million

Fines and other5.2%

Interest, rents and other
5.2%$4.6 million
Fines
<0.1%$4 thousand

Where it goes

Schools and colleges100%Interest on debt0.3%Sent to other local governments0.2%

Spending by category100%

Schools and colleges
100%$76.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$76.0 million
Interest on debt
0.3%$243 thousand
Sent to other local governments
0.2%$116 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$116 thousand
Sources and moreWhere these numbers come from and what they cover

Homewood City School District. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended September 30, 2023.

What this covers. The money of Homewood City School District itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.