School district · Kent County, DE

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

In the latest recorded fiscal year (ended June 30, 2024), Capital School District took in $155 million and spent $163 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

State tax money76%School district taxes22%Fines and other1.6%County and local tax money0.1%

What stands out

76%

of Capital School District's money comes from state tax money.A typical school district with 5,000 to 25,000 students gets 59%.

School district taxes22%

Property tax

22%$33.8 million

State tax money76%

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

From the state

76%$118 million

County and local tax money0.1%

Money passed on by the county or other local governments.

From the county and other local governments

0.1%$226 thousand

Fines and other1.6%

Interest, rents and other

1.6%$2.5 million

Where it goes

Schools and colleges97%Sent to other local governments2.2%Interest on debt1.1%

Spending by category100%

Schools and colleges

97%$158 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$158 million

Sent to other local governments

2.2%$3.6 million

What's in sent to other local governmentsSent to school districts

Sent to school districts$3.6 million

Interest on debt

1.1%$1.9 million

Sources and moreWhere these numbers come from and what they cover

Capital School District. 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 Capital School District 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.