School district · Okaloosa County, FL

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

In the latest recorded fiscal year (ended June 30, 2024), Okaloosa County School District took in $437 million and spent $491 million.

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

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Where it comes from

State tax money45%School district taxes44%Fines and other6.8%Federal tax money2.3%Fees for services (school lunches, school tuition and transportation)1.7%

What stands out

7.4%

of Okaloosa County School District's money comes from sales tax.Most school districts with 25,000+ students get none.

School district taxes44%

Property tax

36%$159 million

Sales tax

7.4%$32.5 million

Other taxes

<0.1%$57 thousand

What's in other taxesOther taxes not classified elsewhere

Other taxes not classified elsewhere$57 thousand

Amounts are by Census tax category.

Fees for services1.7%

Fees for services

1.7%$7.5 million

What's in fees for servicesSchool lunches; other school charges and 1 more

School lunches$4.1 million
Other school charges$1.9 million
School tuition and transportation$1.5 million

Amounts are by Census type of charge.

Federal tax money2.3%

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

From the federal government

2.3%$10.2 million

State tax money45%

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

From the state

45%$198 million

Fines and other6.8%

Interest, rents and other

6.8%$29.9 million

Where it goes

Schools and colleges99%Interest on debt0.9%

Spending by category100%

Schools and colleges

99%$486 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$486 million

Interest on debt

0.9%$4.6 million

Sources and moreWhere these numbers come from and what they cover

Okaloosa County 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 Okaloosa County 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.