School district · Porter County, IN

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

In the latest recorded fiscal year (ended June 30, 2024), Union Township School Corporation took in $23.2 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 money51%School district taxes38%County and local tax money4.2%Fines and other4.2%Fees for services (school lunches, school tuition and transportation)2.3%

What stands out

38%

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

School district taxes38%

Property tax

38%$8.8 million

Fees for services2.3%

Fees for services

2.3%$540 thousand

What's in fees for servicesSchool lunches; school tuition and transportation and 1 more

School lunches$340 thousand
School tuition and transportation$146 thousand
Other school charges$54 thousand

Amounts are by Census type of charge.

State tax money51%

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

From the state

51%$11.9 million

County and local tax money4.2%

Money passed on by the county or other local governments.

From the county and other local governments

4.2%$977 thousand

Fines and other4.2%

Interest, rents and other

4.2%$963 thousand

Where it goes

Schools and colleges98%Sent to other local governments1.5%Interest on debt0.5%

Spending by category100%

Schools and colleges

98%$27.4 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$27.4 million

Sent to other local governments

1.5%$429 thousand

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

Sent to school districts$429 thousand

Interest on debt

0.5%$137 thousand

Sources and moreWhere these numbers come from and what they cover

Union Township 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 Union Township 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.