School district · Benton County, IN

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

In the latest recorded fiscal year (ended June 30, 2024), Benton Community School Corporation took in $31.5 million and spent $31.1 million.

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

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Where it comes from

State tax money49%School district taxes42%Fines and other4.5%County and local tax money3.2%Fees for services (school lunches)1.0%

What stands out

42%

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

School district taxes42%

Property tax
42%$13.2 million

Fees for services1.0%

Fees for services
1.0%$311 thousand
What's in fees for servicesSchool lunches and other school charges
  • School lunches$301 thousand
  • Other school charges$10 thousand

Amounts are by Census type of charge.

State tax money49%

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

From the state
49%$15.5 million

County and local tax money3.2%

Money passed on by the county or other local governments.

From the county and other local governments
3.2%$1.0 million

Fines and other4.5%

Interest, rents and other
4.5%$1.4 million

Where it goes

Schools and colleges98%Interest on debt1.2%Sent to other local governments0.7%

Spending by category100%

Schools and colleges
98%$30.5 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$30.5 million
Interest on debt
1.2%$388 thousand
Sent to other local governments
0.7%$216 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$216 thousand
Sources and moreWhere these numbers come from and what they cover

Benton 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 Benton 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.