School district · Knox County, IN

South Knox School Corporation's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), South Knox School Corporation took in $17.1 million and spent $18.5 million.

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

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Where it comes from

State tax money64%School district taxes28%Fees for services (school lunches)3.1%Fines and other2.7%County and local tax money2.2%

What stands out

64%

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

School district taxes28%

Property tax

28%$4.8 million

Fees for services3.1%

Fees for services

3.1%$536 thousand

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

School lunches$390 thousand
Other school charges$146 thousand

Amounts are by Census type of charge.

State tax money64%

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

From the state

64%$11.0 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%$373 thousand

Fines and other2.7%

Interest, rents and other

2.7%$461 thousand

Where it goes

Schools and colleges95%Sent to other local governments2.7%Interest on debt2.1%

Spending by category100%

Schools and colleges

95%$17.6 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$17.6 million

Sent to other local governments

2.7%$507 thousand

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

Sent to school districts$507 thousand

Interest on debt

2.1%$383 thousand

Sources and moreWhere these numbers come from and what they cover

South Knox 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 South Knox 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.