School district · Logan County, AR

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

In the latest recorded fiscal year (ended June 30, 2024), Magazine School District took in $7.7 million and spent $7.8 million.

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

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Where it comes from

State tax money78%Federal tax money6.4%School district taxes5.0%Fines and other4.9%Fees for services (school tuition and transportation, school lunches)4.2%County and local tax money1.3%

What stands out

6.4%

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

School district taxes5.0%

Property tax
4.9%$378 thousand
Other taxes
<0.1%$2 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$2 thousand

Amounts are by Census tax category.

Fees for services4.2%

Fees for services
4.2%$325 thousand
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$175 thousand
  • School tuition and transportation$83 thousand
  • School lunches$67 thousand

Amounts are by Census type of charge.

Federal tax money6.4%

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

From the federal government
6.4%$488 thousand

State tax money78%

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

From the state
78%$6.0 million

County and local tax money1.3%

Money passed on by the county or other local governments.

From the county and other local governments
1.3%$101 thousand

Fines and other4.9%

Interest, rents and other
4.9%$372 thousand

Where it goes

Schools and colleges97%Sent to other local governments1.4%Interest on debt1.2%

Spending by category100%

Schools and colleges
97%$7.6 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$7.6 million
Sent to other local governments
1.4%$108 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$108 thousand
Interest on debt
1.2%$90 thousand
Sources and moreWhere these numbers come from and what they cover

Magazine 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 Magazine 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.