School district · Larimer County, CO

Thompson School District R-2J's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Thompson School District R-2J took in $264 million and spent $254 million.

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

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Where it comes from

School district taxes56%State tax money37%Fines and other3.7%Fees for services (school tuition and transportation, school lunches)1.3%Federal tax money0.6%County and local tax money0.5%

What stands out

56%

of Thompson School District R-2J's money comes from property tax.A typical school district with 5,000 to 25,000 students gets 29%.

School district taxes56%

Property tax
56%$149 million

Fees for services1.3%

Fees for services
1.3%$3.4 million
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$3.1 million
  • School tuition and transportation$209 thousand
  • School lunches$107 thousand

Amounts are by Census type of charge.

Federal tax money0.6%

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

From the federal government
0.6%$1.6 million

State tax money37%

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

From the state
37%$98.9 million

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments
0.5%$1.3 million

Fines and other3.7%

Interest, rents and other
3.7%$9.6 million

Where it goes

Schools and colleges95%Interest on debt4.6%Sent to other local governments0.6%

Spending by category100%

Schools and colleges
95%$240 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$240 million
Interest on debt
4.6%$11.7 million
Sent to other local governments
0.6%$1.5 million
What's in sent to other local governmentsSent to the state government and sent to school districts
  • Sent to the state government$1.3 million
  • Sent to school districts$165 thousand
Sources and moreWhere these numbers come from and what they cover

Thompson School District R-2J. 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 Thompson School District R-2J 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.