School district · Porter County, IN

Valparaiso Community Schools's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Valparaiso Community Schools took in $100 million and spent $105 million.

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

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Where it comes from

State tax money59%School district taxes31%County and local tax money3.4%Fees for services (school lunches)3.3%Fines and other3.2%

School district taxes31%

Property tax
31%$30.7 million

Fees for services3.3%

Fees for services
3.3%$3.3 million
What's in fees for servicesSchool lunches and other school charges
  • School lunches$1.8 million
  • Other school charges$1.5 million

Amounts are by Census type of charge.

Federal tax money<0.1%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
<0.1%$24 thousand

State tax money59%

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

From the state
59%$59.0 million

County and local tax money3.4%

Money passed on by the county or other local governments.

From the county and other local governments
3.4%$3.4 million

Fines and other3.2%

Interest, rents and other
3.2%$3.2 million

Where it goes

Schools and colleges91%Interest on debt5.9%Sent to other local governments3.2%

What stands out

5.9%

of Valparaiso Community Schools' spending goes to interest on debt.A typical school district with 5,000 to 25,000 students spends 2.3%.

Spending by category100%

Schools and colleges
91%$95.7 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$95.7 million
Interest on debt
5.9%$6.2 million
Sent to other local governments
3.2%$3.4 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$3.4 million
Sources and moreWhere these numbers come from and what they cover

Valparaiso Community 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 Valparaiso Community 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.