School district · Lake County, CO

Lake County School District R-1's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Lake County School District R-1 took in $21.1 million and spent $20.1 million.

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

See every government that serves your ZIP

Where it comes from

School district taxes59%State tax money27%Federal tax money3.8%Fines and other3.7%County and local tax money3.4%Fees for services (school tuition and transportation, school lunches)2.4%

What stands out

59%

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

School district taxes59%

Property tax
59%$12.5 million
Other taxes
0.4%$84 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$84 thousand

Amounts are by Census tax category.

Fees for services2.4%

Fees for services
2.4%$510 thousand
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$266 thousand
  • School tuition and transportation$202 thousand
  • School lunches$42 thousand

Amounts are by Census type of charge.

Federal tax money3.8%

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

From the federal government
3.8%$801 thousand

State tax money27%

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

From the state
27%$5.7 million

County and local tax money3.4%

Money passed on by the county or other local governments.

From the county and other local governments
3.4%$709 thousand

Fines and other3.7%

Interest, rents and other
3.7%$785 thousand

Where it goes

Schools and colleges95%Interest on debt2.7%Sent to other local governments2.2%

Spending by category100%

Schools and colleges
95%$19.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$19.1 million
Interest on debt
2.7%$542 thousand
Sent to other local governments
2.2%$437 thousand
What's in sent to other local governmentsSent to the state government and sent to school districts
  • Sent to the state government$225 thousand
  • Sent to school districts$212 thousand
Sources and moreWhere these numbers come from and what they cover

Lake County 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 Lake County 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.