School district · Labette County, KS

Parsons Unified School District 503's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Parsons Unified School District 503 took in $20.7 million and spent $21.2 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

State tax money90%School district taxes7.1%County and local tax money0.9%Fines and other0.9%Fees for services (school lunches)0.7%

What stands out

90%

of Parsons Unified School District 503's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes7.1%

Property tax

7.1%$1.5 million

Fees for services0.7%

Fees for services

0.7%$148 thousand

What's in fees for servicesOther school charges and school lunches

Other school charges$111 thousand
School lunches$37 thousand

Amounts are by Census type of charge.

State tax money90%

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

From the state

90%$18.7 million

County and local tax money0.9%

Money passed on by the county or other local governments.

From the county and other local governments

0.9%$178 thousand

Fines and other0.9%

Interest, rents and other

0.9%$176 thousand

Where it goes

Schools and colleges100%Sent to other local governments0.1%

What stands out

100%

of Parsons Unified School District 503's spending goes to schools and colleges.A typical school district with fewer than 5,000 students spends 97%.

Spending by category100%

Schools and colleges

100%$21.2 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$21.2 million

Sent to other local governments

0.1%$29 thousand

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

Sent to school districts$29 thousand

Sources and moreWhere these numbers come from and what they cover

Parsons Unified School District 503. 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 Parsons Unified School District 503 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.