School district · Madison County, IN
Elwood Community School Corporation's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2024), Elwood Community School Corporation took in $23.5 million and spent $24.4 million.
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Where it comes from
What stands out
of Elwood Community School Corporation's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.
School district taxes13%
Fees for services1.9%
What's in fees for servicesOther school charges and school lunches
- Other school charges$297 thousand
- School lunches$161 thousand
Amounts are by Census type of charge.
State tax money74%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money3.6%
Money passed on by the county or other local governments.
Fines and other7.6%
Where it goes
What stands out
of Elwood Community School Corporation's spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.
Spending by category100%
What's in schools and collegesElementary and secondary schools
- Elementary and secondary schools$22.8 million
What's in sent to other local governmentsSent to school districts
- Sent to school districts$1.5 million
Sources and moreWhere these numbers come from and what they cover
Elwood 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 Elwood 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.