School district · Randolph County, IN

Randolph Central School Corporation's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Randolph Central School Corporation took in $20.5 million and spent $22.1 million.

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

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Where it comes from

State tax money70%School district taxes23%Fines and other3.5%County and local tax money2.4%Fees for services (school lunches)1.7%

What stands out

70%

of Randolph Central School Corporation's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes23%

Property tax

23%$4.6 million

Fees for services1.7%

Fees for services

1.7%$343 thousand

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

School lunches$288 thousand
Other school charges$55 thousand

Amounts are by Census type of charge.

State tax money70%

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

From the state

70%$14.3 million

County and local tax money2.4%

Money passed on by the county or other local governments.

From the county and other local governments

2.4%$485 thousand

Fines and other3.5%

Interest, rents and other

3.5%$719 thousand

Where it goes

Schools and colleges94%Sent to other local governments3.1%Interest on debt3.0%

Spending by category100%

Schools and colleges

94%$20.7 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$20.7 million

Sent to other local governments

3.1%$681 thousand

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

Sent to school districts$681 thousand

Interest on debt

3.0%$660 thousand

Sources and moreWhere these numbers come from and what they cover

Randolph Central 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 Randolph Central 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.