School district · Bingham County, ID

Blackfoot School District 55's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Blackfoot School District 55 took in $47.5 million and spent $52.7 million.

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

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Where it comes from

State tax money85%School district taxes5.0%Federal tax money3.7%Fees for services (school lunches)3.4%Fines and other2.4%

What stands out

5%

of Blackfoot School District 55's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes5.0%

Property tax
5.0%$2.4 million

Fees for services3.4%

Fees for services
3.4%$1.6 million
What's in fees for servicesOther school charges and school lunches
  • Other school charges$1.4 million
  • School lunches$230 thousand

Amounts are by Census type of charge.

Federal tax money3.7%

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

From the federal government
3.7%$1.8 million

State tax money85%

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

From the state
85%$40.6 million

Fines and other2.4%

Interest, rents and other
2.4%$1.1 million

Where it goes

Schools and colleges99%Interest on debt1.4%

Spending by category100%

Schools and colleges
99%$51.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$51.9 million
Interest on debt
1.4%$761 thousand
Sources and moreWhere these numbers come from and what they cover

Blackfoot School District 55. 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 Blackfoot School District 55 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.