School district · Franklin County, IN

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

In the latest recorded fiscal year (ended June 30, 2024), Franklin County Community School Corporation took in $31.0 million and spent $29.0 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

State tax money59%School district taxes31%Fines and other4.6%County and local tax money4.2%Fees for services (school lunches, school tuition and transportation)1.7%

What stands out

4.2%

of Franklin County Community School Corporation's money comes from county and other local tax money.A typical school district with fewer than 5,000 students gets 1.1%.

School district taxes31%

Property tax

31%$9.5 million

Fees for services1.7%

Fees for services

1.7%$539 thousand

What's in fees for servicesSchool lunches; other school charges and 1 more

School lunches$472 thousand
Other school charges$64 thousand
School tuition and transportation$3 thousand

Amounts are by Census type of charge.

State tax money59%

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

From the state

59%$18.2 million

County and local tax money4.2%

Money passed on by the county or other local governments.

From the county and other local governments

4.2%$1.3 million

Fines and other4.6%

Interest, rents and other

4.6%$1.4 million

Where it goes

Schools and colleges98%Sent to other local governments1.8%Interest on debt0.5%

Spending by category100%

Schools and colleges

98%$28.3 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$28.3 million

Sent to other local governments

1.8%$519 thousand

What's in sent to other local governmentsSent to school districts

Sent to school districts$519 thousand

Interest on debt

0.5%$155 thousand

Sources and moreWhere these numbers come from and what they cover

Franklin County 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 Franklin County 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.