School district · El Paso County, CO

Academy School District 20's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Academy School District 20 took in $392 million and spent $362 million.

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

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Where it comes from

State tax money54%School district taxes37%Fees for services (school tuition and transportation, school lunches)3.7%Fines and other3.3%Federal tax money1.4%County and local tax money<0.1%

What stands out

37%

of Academy School District 20's money comes from property tax.A typical school district with 25,000+ students gets 33%.

School district taxes37%

Property tax
37%$145 million
Other taxes
<0.1%$134 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$134 thousand

Amounts are by Census tax category.

Fees for services3.7%

Fees for services
3.7%$14.5 million
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$13.2 million
  • School tuition and transportation$643 thousand
  • School lunches$631 thousand

Amounts are by Census type of charge.

Federal tax money1.4%

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

From the federal government
1.4%$5.4 million

State tax money54%

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

From the state
54%$213 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%$240 thousand

Fines and other3.3%

Interest, rents and other
3.3%$12.9 million

Where it goes

Schools and colleges96%Interest on debt3.6%Sent to other local governments0.7%

Spending by category100%

Schools and colleges
96%$347 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$347 million
Interest on debt
3.6%$12.9 million
Sent to other local governments
0.7%$2.5 million
What's in sent to other local governmentsSent to the state government and sent to school districts
  • Sent to the state government$2.2 million
  • Sent to school districts$304 thousand
Sources and moreWhere these numbers come from and what they cover

Academy School District 20. 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 Academy School District 20 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.