School district · Madison County, IN

Anderson Community School Corporation's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Anderson Community School Corporation took in $107 million and spent $119 million.

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

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Where it comes from

State tax money73%School district taxes22%Fees for services (school lunches)2.7%County and local tax money2.0%Fines and other0.2%

What stands out

73%

of Anderson Community School Corporation'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%$23.5 million

Fees for services2.7%

Fees for services
2.7%$2.9 million
What's in fees for servicesSchool lunches and other school charges
  • School lunches$2.6 million
  • Other school charges$381 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$44 thousand

State tax money73%

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

From the state
73%$78.5 million

County and local tax money2.0%

Money passed on by the county or other local governments.

From the county and other local governments
2.0%$2.2 million

Fines and other0.2%

Interest, rents and other
0.2%$239 thousand

Where it goes

Schools and colleges99%Interest on debt0.5%

What stands out

99%

of Anderson Community School Corporation's spending goes to schools and colleges.A typical school district with 5,000 to 25,000 students spends 96%.

Spending by category100%

Schools and colleges
99%$118 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$118 million
Interest on debt
0.5%$577 thousand
Sent to other local governments
<0.1%$51 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$51 thousand
Sources and moreWhere these numbers come from and what they cover

Anderson Community School Corporation. 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 Anderson Community School Corporation 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.