School district · Maricopa County, AZ

Madison Elementary School District 38's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Madison Elementary School District 38 took in $94.0 million and spent $103 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

School district taxes48%State tax money38%Fees for services (school lunches)11%Fines and other3.3%County and local tax money0.2%

What stands out

11%

of Madison Elementary School District 38's money comes from fees for services such as water, sewer and parking.A typical school district with 5,000 to 25,000 students gets 1.5%.

School district taxes48%

Property tax
48%$44.9 million

Fees for services11%

Fees for services
11%$10.4 million
What's in fees for servicesOther school charges and school lunches
  • Other school charges$8.7 million
  • School lunches$1.7 million

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%$32 thousand

State tax money38%

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

From the state
38%$35.4 million

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments
0.2%$151 thousand

Fines and other3.3%

Interest, rents and other
3.3%$3.1 million
Fines
<0.1%$2 thousand

Where it goes

Schools and colleges95%Interest on debt5.4%

What stands out

5.4%

of Madison Elementary School District 38's spending goes to interest on debt.A typical school district with 5,000 to 25,000 students spends 2.3%.

Spending by category100%

Schools and colleges
95%$97.4 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$97.4 million
Interest on debt
5.4%$5.6 million
Sources and moreWhere these numbers come from and what they cover

Madison Elementary School District 38. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Madison Elementary School District 38 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.