School district · Cheyenne County, CO

Kit Carson School District R 1's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Kit Carson School District R 1 took in $3.7 million and spent $3.3 million.

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

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Where it comes from

School district taxes48%State tax money41%Fees for services (school lunches)4.5%Fines and other3.5%County and local tax money2.5%Federal tax money0.1%

What stands out

48%

of Kit Carson School District R 1's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes48%

Property tax
48%$1.8 million

Fees for services4.5%

Fees for services
4.5%$166 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$161 thousand
  • School lunches$5 thousand

Amounts are by Census type of charge.

Federal tax money0.1%

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

From the federal government
0.1%$5 thousand

State tax money41%

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

From the state
41%$1.5 million

County and local tax money2.5%

Money passed on by the county or other local governments.

From the county and other local governments
2.5%$91 thousand

Fines and other3.5%

Interest, rents and other
3.5%$131 thousand

Where it goes

Schools and colleges90%Interest on debt7.9%Sent to other local governments2.4%

What stands out

7.9%

of Kit Carson School District R 1'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
90%$3.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$3.0 million
Interest on debt
7.9%$262 thousand
Sent to other local governments
2.4%$79 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$55 thousand
  • Sent to the state government$24 thousand
Sources and moreWhere these numbers come from and what they cover

Kit Carson School District R 1. 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 Kit Carson School District R 1 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.