School district · Delaware County, IN

Muncie Community Schools's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Muncie Community Schools took in $100 million and spent $108 million.

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

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Where it comes from

State tax money77%School district taxes12%Fines and other7.2%County and local tax money2.8%Fees for services (school lunches)0.7%

What stands out

12%

of Muncie Community Schools' money comes from property tax.A typical school district with 5,000 to 25,000 students gets 29%.

School district taxes12%

Property tax

12%$12.1 million

Fees for services0.7%

Fees for services

0.7%$709 thousand

What's in fees for servicesOther school charges and school lunches

Other school charges$536 thousand
School lunches$173 thousand

Amounts are by Census type of charge.

State tax money77%

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

From the state

77%$77.2 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%$2.8 million

Fines and other7.2%

Interest, rents and other

7.2%$7.2 million

Where it goes

Schools and colleges95%Sent to other local governments3.0%Interest on debt1.5%

Spending by category100%

Schools and colleges

95%$103 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$103 million

Sent to other local governments

3.0%$3.2 million

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

Sent to school districts$3.2 million

Interest on debt

1.5%$1.6 million

Sources and moreWhere these numbers come from and what they cover

Muncie Community Schools. 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 Muncie Community Schools 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.