School district · Lake County, IN

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

In the latest recorded fiscal year (ended June 30, 2024), Tri Creek School Corporation took in $51.2 million and spent $50.1 million.

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

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Where it comes from

State tax money56%School district taxes36%County and local tax money3.0%Fines and other2.7%Fees for services (school lunches)1.9%

What stands out

36%

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

School district taxes36%

Property tax
36%$18.6 million

Fees for services1.9%

Fees for services
1.9%$959 thousand
What's in fees for servicesSchool lunches and other school charges
  • School lunches$820 thousand
  • Other school charges$139 thousand

Amounts are by Census type of charge.

State tax money56%

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

From the state
56%$28.7 million

County and local tax money3.0%

Money passed on by the county or other local governments.

From the county and other local governments
3.0%$1.5 million

Fines and other2.7%

Interest, rents and other
2.7%$1.4 million

Where it goes

Schools and colleges83%Interest on debt12%Sent to other local governments5.1%

What stands out

12%

of Tri Creek 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
83%$41.4 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$41.4 million
Interest on debt
12%$6.2 million
Sent to other local governments
5.1%$2.6 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$2.6 million
Sources and moreWhere these numbers come from and what they cover

Tri Creek 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 Tri Creek 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.