School district · Marion County, IN

Speedway City Schools's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Speedway City Schools took in $28.3 million and spent $28.0 million.

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

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Where it comes from

State tax money62%School district taxes30%Fines and other3.6%Fees for services (school lunches)2.9%County and local tax money1.0%

School district taxes30%

Property tax

30%$8.6 million

Other taxes

<0.1%$1 thousand

What's in other taxesOther taxes not classified elsewhere

Other taxes not classified elsewhere$1 thousand

Amounts are by Census tax category.

Fees for services2.9%

Fees for services

2.9%$811 thousand

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

School lunches$786 thousand
Other school charges$25 thousand

Amounts are by Census type of charge.

State tax money62%

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

From the state

62%$17.6 million

County and local tax money1.0%

Money passed on by the county or other local governments.

From the county and other local governments

1.0%$290 thousand

Fines and other3.6%

Interest, rents and other

3.6%$1.0 million

Where it goes

Schools and colleges99%Sent to other local governments1.0%Interest on debt<0.1%

Spending by category100%

Schools and colleges

99%$27.7 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$27.7 million

Sent to other local governments

1.0%$272 thousand

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

Sent to school districts$272 thousand

Interest on debt

<0.1%$14 thousand

Sources and moreWhere these numbers come from and what they cover

Speedway City Schools. 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 Speedway City Schools 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.