School district · Jefferson County, AR

Arkansas River Education Service Cooperative's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Arkansas River Education Service Cooperative took in $10.6 million and spent $11.6 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

State tax money48%County and local tax money40%Fines and other9.3%Federal tax money2.5%

What stands out

9.3%

of Arkansas River Education Service Cooperative's money comes from interest, rents and other revenue.A typical vocational school or education service agency gets 3.2%.

Federal tax money2.5%

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

From the federal government

2.5%$268 thousand

State tax money48%

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

From the state

48%$5.1 million

County and local tax money40%

Money passed on by the county or other local governments.

From the county and other local governments

40%$4.2 million

Fines and other9.3%

Interest, rents and other

9.3%$985 thousand

Where it goes

Schools and colleges100%

Spending by category100%

Schools and colleges

100%$11.6 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$11.6 million

Sent to other local governments

<0.1%$4 thousand

What's in sent to other local governmentsSent to school districts

Sent to school districts$4 thousand

Sources and moreWhere these numbers come from and what they cover

Arkansas River Education Service Cooperative. 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 Arkansas River Education Service Cooperative 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.