School district · Hot Spring County, AR

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

In the latest recorded fiscal year (ended June 30, 2024), Malvern School District took in $31.8 million and spent $31.6 million.

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

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Where it comes from

State tax money73%Federal tax money13%School district taxes9.7%Fees for services (school lunches)2.0%Fines and other1.7%

What stands out

13%

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

School district taxes9.7%

Property tax

9.7%$3.1 million

Fees for services2.0%

Fees for services

2.0%$642 thousand

What's in fees for servicesOther school charges and school lunches

Other school charges$457 thousand
School lunches$185 thousand

Amounts are by Census type of charge.

Federal tax money13%

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

From the federal government

13%$4.3 million

State tax money73%

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

From the state

73%$23.2 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments

<0.1%$10 thousand

Fines and other1.7%

Interest, rents and other

1.7%$541 thousand

Where it goes

Schools and colleges96%Interest on debt2.5%Sent to other local governments1.4%

Spending by category100%

Schools and colleges

96%$30.3 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$30.3 million

Interest on debt

2.5%$790 thousand

Sent to other local governments

1.4%$436 thousand

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

Sent to school districts$436 thousand

Sources and moreWhere these numbers come from and what they cover

Malvern 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 Malvern 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.