School district · Hempstead County, AR

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

In the latest recorded fiscal year (ended June 30, 2024), Hope School District took in $34.5 million and spent $33.9 million.

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

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Where it comes from

State tax money77%Federal tax money9.3%School district taxes6.1%Fines and other6.0%Fees for services (school lunches)1.1%County and local tax money1.0%

What stands out

9.3%

of Hope School District's money comes from federal tax money.Most school districts with fewer than 5,000 students get none.

School district taxes6.1%

Property tax
6.0%$2.1 million
Other taxes
0.1%$46 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$46 thousand

Amounts are by Census tax category.

Fees for services1.1%

Fees for services
1.1%$364 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$293 thousand
  • School lunches$71 thousand

Amounts are by Census type of charge.

Federal tax money9.3%

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

From the federal government
9.3%$3.2 million

State tax money77%

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

From the state
77%$26.4 million

County and local tax money1.0%

Money passed on by the county or other local governments.

From the county and other local governments
1.0%$356 thousand

Fines and other6.0%

Interest, rents and other
6.0%$2.1 million

Where it goes

Schools and colleges96%Sent to other local governments2.6%Interest on debt1.3%

Spending by category100%

Schools and colleges
96%$32.5 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$32.5 million
Sent to other local governments
2.6%$890 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$700 thousand
  • Sent to the state government$190 thousand
Interest on debt
1.3%$436 thousand
Sources and moreWhere these numbers come from and what they cover

Hope School District. 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 Hope 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.