School district · Monroe County, IN

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

In the latest recorded fiscal year (ended June 30, 2024), Monroe County Community School Corporation took in $185 million and spent $204 million.

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

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Where it comes from

State tax money56%School district taxes34%Fines and other4.6%County and local tax money2.8%Fees for services (school lunches, school tuition and transportation)2.7%

What stands out

34%

of Monroe County Community School Corporation's money comes from property tax.A typical school district with 5,000 to 25,000 students gets 29%.

School district taxes34%

Property tax

34%$62.9 million

Fees for services2.7%

Fees for services

2.7%$5.1 million

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

Other school charges$3.0 million
School lunches$2.0 million
School tuition and transportation$81 thousand

Amounts are by Census type of charge.

State tax money56%

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

From the state

56%$103 million

County and local tax money2.8%

Money passed on by the county or other local governments.

From the county and other local governments

2.8%$5.2 million

Fines and other4.6%

Interest, rents and other

4.6%$8.5 million

Where it goes

Schools and colleges98%Sent to other local governments1.4%Interest on debt0.9%

Spending by category100%

Schools and colleges

98%$199 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$199 million

Sent to other local governments

1.4%$2.9 million

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

Sent to school districts$2.9 million

Interest on debt

0.9%$1.8 million

Sources and moreWhere these numbers come from and what they cover

Monroe 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 Monroe 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.