School district · Martin County, IN

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

In the latest recorded fiscal year (ended June 30, 2024), Loogootee Community School Corporation took in $11.3 million and spent $11.0 million.

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

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Where it comes from

State tax money65%School district taxes22%Fines and other9.2%Fees for services (school lunches)2.4%County and local tax money2.0%

What stands out

9.2%

of Loogootee Community School Corporation's money comes from interest, rents and other revenue.A typical school district with fewer than 5,000 students gets 3.2%.

School district taxes22%

Property tax

22%$2.4 million

Fees for services2.4%

Fees for services

2.4%$274 thousand

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

School lunches$166 thousand
Other school charges$108 thousand

Amounts are by Census type of charge.

State tax money65%

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

From the state

65%$7.3 million

County and local tax money2.0%

Money passed on by the county or other local governments.

From the county and other local governments

2.0%$220 thousand

Fines and other9.2%

Interest, rents and other

9.2%$1.0 million

Where it goes

Schools and colleges92%Sent to other local governments7.5%Interest on debt0.1%

What stands out

7.5%

of Loogootee 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%

Schools and colleges

92%$10.2 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$10.2 million

Sent to other local governments

7.5%$825 thousand

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

Sent to school districts$825 thousand

Interest on debt

0.1%$12 thousand

Sources and moreWhere these numbers come from and what they cover

Loogootee 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 Loogootee 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.