School district · Hendricks County, IN

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

In the latest recorded fiscal year (ended December 31, 2023), Avon Community School Corporation took in $174 million and spent $193 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

State tax money54%School district taxes37%County and local tax money3.7%Fines and other3.1%Fees for services (school lunches, school tuition and transportation)2.1%

What stands out

37%

of Avon Community School Corporation's money comes from property tax.A typical school district with 5,000 to 25,000 students gets 29%.

School district taxes37%

Property tax
37%$64.2 million

Fees for services2.1%

Fees for services
2.1%$3.7 million
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$2.5 million
  • Other school charges$1.2 million
  • School tuition and transportation$1 thousand

Amounts are by Census type of charge.

State tax money54%

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

From the state
54%$94.0 million

County and local tax money3.7%

Money passed on by the county or other local governments.

From the county and other local governments
3.7%$6.4 million

Fines and other3.1%

Interest, rents and other
3.1%$5.3 million

Where it goes

Schools and colleges91%Interest on debt8.0%Sent to other local governments0.7%

What stands out

8%

of Avon Community School Corporation's spending goes to interest on debt.A typical school district with 5,000 to 25,000 students spends 2.3%.

Spending by category100%

Schools and colleges
91%$176 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$176 million
Interest on debt
8.0%$15.6 million
Sent to other local governments
0.7%$1.4 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$1.4 million
Sources and moreWhere these numbers come from and what they cover

Avon Community School Corporation. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of Avon 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.