School district · Lake County, IN
Merrillville Community School Corporation's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2024), Merrillville Community School Corporation took in $108 million and spent $104 million.
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Where it comes from
What stands out
of Merrillville Community School Corporation's money comes from interest, rents and other revenue.A typical school district with 5,000 to 25,000 students gets 3.7%.
School district taxes29%
Fees for services0.5%
What's in fees for servicesSchool lunches; other school charges and 1 more
- School lunches$250 thousand
- Other school charges$152 thousand
- School tuition and transportation$130 thousand
Amounts are by Census type of charge.
State tax money60%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money1.8%
Money passed on by the county or other local governments.
Fines and other9.0%
Where it goes
What stands out
of Merrillville Community School Corporation's spending goes to interest on debt.A typical school district with 5,000 to 25,000 students spends 2.3%.
Spending by category100%
What's in schools and collegesElementary and secondary schools
- Elementary and secondary schools$89.3 million
What's in sent to other local governmentsSent to school districts
- Sent to school districts$5.5 million
Sources and moreWhere these numbers come from and what they cover
Merrillville 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 Merrillville 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.