School district · Knox County, IN

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

In the latest recorded fiscal year (ended June 30, 2024), Vincennes Community School Corporation took in $41.1 million and spent $43.8 million.

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

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Where it comes from

State tax money69%School district taxes17%County and local tax money5.9%Fees for services (school lunches)5.0%Fines and other3.1%

What stands out

5.9%

of Vincennes Community School Corporation's money comes from county and other local tax money.A typical school district with fewer than 5,000 students gets 1.1%.

School district taxes17%

Property tax
17%$6.8 million

Fees for services5.0%

Fees for services
5.0%$2.1 million
What's in fees for servicesSchool lunches and other school charges
  • School lunches$1.8 million
  • Other school charges$317 thousand

Amounts are by Census type of charge.

State tax money69%

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

From the state
69%$28.5 million

County and local tax money5.9%

Money passed on by the county or other local governments.

From the county and other local governments
5.9%$2.4 million

Fines and other3.1%

Interest, rents and other
3.1%$1.3 million

Where it goes

Schools and colleges94%Interest on debt3.4%Sent to other local governments2.2%

Spending by category100%

Schools and colleges
94%$41.4 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$41.4 million
Interest on debt
3.4%$1.5 million
Sent to other local governments
2.2%$979 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$979 thousand
Sources and moreWhere these numbers come from and what they cover

Vincennes Community 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 Vincennes Community 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.