School district · Lake County, IN

Munster School Town's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Munster School Town took in $68.4 million and spent $72.5 million.

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

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Where it comes from

State tax money52%School district taxes39%Fines and other5.1%Fees for services (school lunches, school tuition and transportation)1.8%County and local tax money1.6%

What stands out

39%

of Munster School Town's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes39%

Property tax
39%$26.7 million
Other taxes
0.2%$129 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$129 thousand

Amounts are by Census tax category.

Fees for services1.8%

Fees for services
1.8%$1.3 million
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$1.0 million
  • Other school charges$150 thousand
  • School tuition and transportation$79 thousand

Amounts are by Census type of charge.

State tax money52%

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

From the state
52%$35.8 million

County and local tax money1.6%

Money passed on by the county or other local governments.

From the county and other local governments
1.6%$1.1 million

Fines and other5.1%

Interest, rents and other
5.1%$3.5 million

Where it goes

Schools and colleges96%Interest on debt3.7%Sent to other local governments0.1%

Spending by category100%

Schools and colleges
96%$69.7 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$69.7 million
Interest on debt
3.7%$2.7 million
Sent to other local governments
0.1%$82 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$82 thousand
Sources and moreWhere these numbers come from and what they cover

Munster School Town. 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 Munster School Town 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.