School district · Morgan County, CO

Wiggins School District 50 Joint's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Wiggins School District 50 Joint took in $24.4 million and spent $19.1 million.

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

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Where it comes from

School district taxes82%State tax money10%Fines and other4.5%Fees for services (school tuition and transportation, school lunches)2.7%County and local tax money0.7%

What stands out

82%

of Wiggins School District 50 Joint's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes82%

Property tax
82%$20.0 million

Fees for services2.7%

Fees for services
2.7%$663 thousand
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$582 thousand
  • School tuition and transportation$69 thousand
  • School lunches$12 thousand

Amounts are by Census type of charge.

State tax money10%

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

From the state
10%$2.5 million

County and local tax money0.7%

Money passed on by the county or other local governments.

From the county and other local governments
0.7%$161 thousand

Fines and other4.5%

Interest, rents and other
4.5%$1.1 million

Where it goes

Schools and colleges89%Interest on debt11%Sent to other local governments0.6%

What stands out

11%

of Wiggins School District 50 Joint'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
89%$16.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$16.9 million
Interest on debt
11%$2.1 million
Sent to other local governments
0.6%$109 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$109 thousand
Sources and moreWhere these numbers come from and what they cover

Wiggins School District 50 Joint. 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 Wiggins School District 50 Joint 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.