School district · Randolph County, IN

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

In the latest recorded fiscal year (ended June 30, 2024), Randolph Southern School Corporation took in $7.1 million and spent $8.0 million.

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

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Where it comes from

State tax money65%School district taxes26%Fines and other5.6%County and local tax money2.3%Fees for services (school lunches)1.1%

What stands out

65%

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

School district taxes26%

Property tax

26%$1.8 million

Fees for services1.1%

Fees for services

1.1%$80 thousand

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

School lunches$76 thousand
Other school charges$4 thousand

Amounts are by Census type of charge.

State tax money65%

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

From the state

65%$4.6 million

County and local tax money2.3%

Money passed on by the county or other local governments.

From the county and other local governments

2.3%$163 thousand

Fines and other5.6%

Interest, rents and other

5.6%$399 thousand

Where it goes

Schools and colleges97%Sent to other local governments2.1%Interest on debt0.6%

Spending by category100%

Schools and colleges

97%$7.8 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$7.8 million

Sent to other local governments

2.1%$167 thousand

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

Sent to school districts$167 thousand

Interest on debt

0.6%$48 thousand

Sources and moreWhere these numbers come from and what they cover

Randolph Southern 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 Southern 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.