School district · Newton County, IN
South Newton School Corporation's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2024), South Newton School Corporation took in $13.5 million and spent $14.2 million.
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Where it comes from
What stands out
of South Newton School Corporation's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.
School district taxes29%
Fees for services0.8%
What's in fees for servicesSchool lunches and other school charges
- School lunches$98 thousand
- Other school charges$10 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.
County and local tax money2.5%
Money passed on by the county or other local governments.
Fines and other2.4%
Where it goes
Spending by category100%
What's in schools and collegesElementary and secondary schools
- Elementary and secondary schools$14.1 million
What's in sent to other local governmentsSent to school districts
- Sent to school districts$78 thousand
Sources and moreWhere these numbers come from and what they cover
South Newton 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 Newton 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.