School district · Sarasota County, FL

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

In the latest recorded fiscal year (ended June 30, 2024), Sarasota County School District took in $904 million and spent $949 million.

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

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Where it comes from

School district taxes74%State tax money17%Fines and other6.6%Fees for services (school lunches, school tuition and transportation)1.5%Federal tax money0.6%

What stands out

71%

of Sarasota County School District's money comes from property tax.A typical school district with 25,000+ students gets 33%.

School district taxes74%

Property tax

71%$638 million

Sales tax

3.6%$32.5 million

Fees for services1.5%

Fees for services

1.5%$13.5 million

What's in fees for servicesSchool lunches; school tuition and transportation and 1 more

School lunches$6.4 million
School tuition and transportation$4.1 million
Other school charges$3.0 million

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%$5.4 million

State tax money17%

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

From the state

17%$155 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments

<0.1%$331 thousand

Fines and other6.6%

Interest, rents and other

6.6%$59.6 million

Where it goes

Schools and colleges98%Interest on debt1.6%

Spending by category100%

Schools and colleges

98%$933 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$933 million

Interest on debt

1.6%$15.5 million

Sources and moreWhere these numbers come from and what they cover

Sarasota 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 Sarasota 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.