School district · Madison County, AR

Huntsville School District 1's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Huntsville School District 1 took in $28.6 million and spent $29.2 million.

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

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Where it comes from

State tax money87%School district taxes8.7%Fees for services (school lunches)2.1%Fines and other0.9%Federal tax money0.9%County and local tax money0.4%

What stands out

87%

of Huntsville School District 1's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes8.7%

Property tax
8.7%$2.5 million

Fees for services2.1%

Fees for services
2.1%$596 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$417 thousand
  • School lunches$179 thousand

Amounts are by Census type of charge.

Federal tax money0.9%

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

From the federal government
0.9%$247 thousand

State tax money87%

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

From the state
87%$24.9 million

County and local tax money0.4%

Money passed on by the county or other local governments.

From the county and other local governments
0.4%$128 thousand

Fines and other0.9%

Interest, rents and other
0.9%$259 thousand

Where it goes

Schools and colleges97%Interest on debt2.1%Sent to other local governments0.6%

Spending by category100%

Schools and colleges
97%$28.4 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$28.4 million
Interest on debt
2.1%$623 thousand
Sent to other local governments
0.6%$170 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$170 thousand
Sources and moreWhere these numbers come from and what they cover

Huntsville School District 1. 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 Huntsville School District 1 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.