School district · Faulkner County, AR

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

In the latest recorded fiscal year (ended June 30, 2024), Mayflower School District took in $13.1 million and spent $12.5 million.

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

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Where it comes from

State tax money82%School district taxes9.4%Fines and other3.7%Fees for services (school lunches, school tuition and transportation)2.3%Federal tax money2.1%

What stands out

9.2%

of Mayflower School District's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes9.4%

Property tax
9.2%$1.2 million
Other taxes
0.2%$32 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$32 thousand

Amounts are by Census tax category.

Fees for services2.3%

Fees for services
2.3%$303 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$160 thousand
  • School lunches$88 thousand
  • School tuition and transportation$55 thousand

Amounts are by Census type of charge.

Federal tax money2.1%

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

From the federal government
2.1%$277 thousand

State tax money82%

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

From the state
82%$10.8 million

Fines and other3.7%

Interest, rents and other
3.7%$489 thousand

Where it goes

Schools and colleges93%Interest on debt4.4%Sent to other local governments2.8%

What stands out

4.4%

of Mayflower School District's spending goes to interest on debt.A typical school district with fewer than 5,000 students spends 0.9%.

Spending by category100%

Schools and colleges
93%$11.6 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$11.6 million
Interest on debt
4.4%$548 thousand
Sent to other local governments
2.8%$354 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$354 thousand
Sources and moreWhere these numbers come from and what they cover

Mayflower 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 Mayflower 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.