School district · Monroe County, IN

Richland Bean Blossom Community School Corporation's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Richland Bean Blossom Community School Corporation took in $43.1 million and spent $42.7 million.

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

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Where it comes from

State tax money60%School district taxes32%Fines and other4.1%County and local tax money2.2%Fees for services (school lunches)2.0%

What stands out

32%

of Richland Bean Blossom Community School Corporation's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes32%

Property tax
32%$13.8 million

Fees for services2.0%

Fees for services
2.0%$876 thousand
What's in fees for servicesSchool lunches and other school charges
  • School lunches$496 thousand
  • Other school charges$380 thousand

Amounts are by Census type of charge.

State tax money60%

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

From the state
60%$25.8 million

County and local tax money2.2%

Money passed on by the county or other local governments.

From the county and other local governments
2.2%$930 thousand

Fines and other4.1%

Interest, rents and other
4.1%$1.8 million

Where it goes

Schools and colleges94%Interest on debt5.7%Sent to other local governments0.5%

What stands out

5.7%

of Richland Bean Blossom Community School Corporation'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
94%$40.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$40.1 million
Interest on debt
5.7%$2.4 million
Sent to other local governments
0.5%$204 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$204 thousand
Sources and moreWhere these numbers come from and what they cover

Richland Bean Blossom Community 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 Richland Bean Blossom Community 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.