School district · Porter County, IN

Porter Township School Corp's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Porter Township School Corp took in $22.7 million and spent $24.0 million.

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

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Where it comes from

State tax money53%School district taxes34%County and local tax money6.6%Fees for services (school lunches, school tuition and transportation)4.6%Fines and other2.2%

What stands out

6.6%

of Porter Township School Corp's money comes from county and other local tax money.A typical school district with fewer than 5,000 students gets 1.1%.

School district taxes34%

Property tax

34%$7.6 million

Fees for services4.6%

Fees for services

4.6%$1.0 million

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

School lunches$405 thousand
Other school charges$337 thousand
School tuition and transportation$297 thousand

Amounts are by Census type of charge.

State tax money53%

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

From the state

53%$12.1 million

County and local tax money6.6%

Money passed on by the county or other local governments.

From the county and other local governments

6.6%$1.5 million

Fines and other2.2%

Interest, rents and other

2.2%$498 thousand

Where it goes

Schools and colleges89%Interest on debt6.9%Sent to other local governments3.8%

What stands out

6.9%

of Porter Township School Corp's spending goes to interest on debt.A typical school district with fewer than 5,000 students spends 0.9%.

Spending by category100%

Schools and colleges

89%$21.5 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$21.5 million

Interest on debt

6.9%$1.7 million

Sent to other local governments

3.8%$902 thousand

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

Sent to school districts$902 thousand

Sources and moreWhere these numbers come from and what they cover

Porter Township School Corp. 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 Porter Township School Corp 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.