School district · El Paso County, CO

Hanover School District 28's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Hanover School District 28 took in $6.8 million and spent $6.6 million.

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

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Where it comes from

State tax money67%School district taxes26%Fines and other3.9%County and local tax money1.8%Fees for services (school lunches)0.6%Federal tax money0.4%

What stands out

67%

of Hanover School District 28's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes26%

Property tax
26%$1.8 million

Fees for services0.6%

Fees for services
0.6%$39 thousand
What's in fees for servicesSchool lunches and other school charges
  • School lunches$30 thousand
  • Other school charges$9 thousand

Amounts are by Census type of charge.

Federal tax money0.4%

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

From the federal government
0.4%$29 thousand

State tax money67%

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

From the state
67%$4.6 million

County and local tax money1.8%

Money passed on by the county or other local governments.

From the county and other local governments
1.8%$121 thousand

Fines and other3.9%

Interest, rents and other
3.9%$269 thousand

Where it goes

Schools and colleges94%Sent to other local governments4.1%Interest on debt1.7%

Spending by category100%

Schools and colleges
94%$6.2 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$6.2 million
Sent to other local governments
4.1%$272 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$246 thousand
  • Sent to the state government$26 thousand
Interest on debt
1.7%$114 thousand
Sources and moreWhere these numbers come from and what they cover

Hanover School District 28. 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 Hanover School District 28 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.