School district · Tippecanoe County, IN

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

In the latest recorded fiscal year (ended June 30, 2024), Lafayette School Corporation took in $138 million and spent $137 million.

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

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Where it comes from

State tax money71%School district taxes16%County and local tax money7.1%Fines and other5.0%Fees for services (school lunches, school tuition and transportation)0.8%

What stands out

7.1%

of Lafayette School Corporation's money comes from county and other local tax money.A typical school district with 5,000 to 25,000 students gets 1%.

School district taxes16%

Property tax
16%$22.3 million

Fees for services0.8%

Fees for services
0.8%$1.1 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$878 thousand
  • School lunches$175 thousand
  • School tuition and transportation$7 thousand

Amounts are by Census type of charge.

State tax money71%

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

From the state
71%$98.1 million

County and local tax money7.1%

Money passed on by the county or other local governments.

From the county and other local governments
7.1%$9.9 million

Fines and other5.0%

Interest, rents and other
5.0%$7.0 million

Where it goes

Schools and colleges100%Sent to other local governments<0.1%

What stands out

100%

of Lafayette 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
100%$137 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$137 million
Sent to other local governments
<0.1%$71 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$71 thousand
Interest on debt
<0.1%$53 thousand
Sources and moreWhere these numbers come from and what they cover

Lafayette 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 Lafayette 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.