School district · Tippecanoe County, IN

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

In the latest recorded fiscal year (ended June 30, 2024), Tippecanoe School Corporation took in $198 million and spent $237 million.

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

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Where it comes from

State tax money63%School district taxes27%Fines and other4.7%County and local tax money3.3%Fees for services (school lunches, school tuition and transportation)1.7%

What stands out

63%

of Tippecanoe School Corporation's money comes from state tax money.A typical school district with 5,000 to 25,000 students gets 59%.

School district taxes27%

Property tax
27%$53.4 million

Fees for services1.7%

Fees for services
1.7%$3.4 million
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$2.7 million
  • Other school charges$405 thousand
  • School tuition and transportation$294 thousand

Amounts are by Census type of charge.

State tax money63%

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

From the state
63%$125 million

County and local tax money3.3%

Money passed on by the county or other local governments.

From the county and other local governments
3.3%$6.5 million

Fines and other4.7%

Interest, rents and other
4.7%$9.3 million

Where it goes

Schools and colleges96%Sent to other local governments4.1%Interest on debt0.1%

What stands out

4.1%

of Tippecanoe School Corporation's spending goes to local governments.Most school districts with 5,000 to 25,000 students spend nothing on this.

Spending by category100%

Schools and colleges
96%$227 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$227 million
Sent to other local governments
4.1%$9.9 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$9.9 million
Interest on debt
0.1%$353 thousand
Sources and moreWhere these numbers come from and what they cover

Tippecanoe 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 Tippecanoe 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.