School district · Jones County, IA

Olin Consolidated School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Olin Consolidated School District took in $3.8 million and spent $3.3 million.

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

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Where it comes from

State tax money58%School district taxes38%Fines and other2.2%Fees for services (school lunches, school tuition and transportation)1.1%County and local tax money0.3%

What stands out

37%

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

School district taxes38%

Property tax
37%$1.4 million
Other taxes
0.6%$24 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$24 thousand

Amounts are by Census tax category.

Individual income tax
0.3%$13 thousand

Fees for services1.1%

Fees for services
1.1%$40 thousand
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$27 thousand
  • Other school charges$12 thousand
  • School tuition and transportation$1 thousand

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%$1 thousand

State tax money58%

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

From the state
58%$2.2 million

County and local tax money0.3%

Money passed on by the county or other local governments.

From the county and other local governments
0.3%$10 thousand

Fines and other2.2%

Interest, rents and other
2.2%$82 thousand

Where it goes

Schools and colleges65%Sent to other local governments35%

What stands out

35%

of Olin Consolidated School District's spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.

Spending by category100%

Schools and colleges
65%$2.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$2.1 million
Sent to other local governments
35%$1.1 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$1.1 million
Sources and moreWhere these numbers come from and what they cover

Olin Consolidated School District. 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 Olin Consolidated School District 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.