School district · Madison County, KY

Berea Independent School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Berea Independent School District took in $13.2 million and spent $20.8 million.

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

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Where it comes from

State tax money70%School district taxes26%Fees for services (school lunches, school tuition and transportation)1.9%Fines and other1.9%Federal tax money0.5%

What stands out

3.9%

of Berea Independent School District's money comes from taxes other than property, sales and income taxes.Most school districts with fewer than 5,000 students get none.

School district taxes26%

Property tax
22%$2.8 million
Other taxes
3.9%$518 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$518 thousand

Amounts are by Census tax category.

Fees for services1.9%

Fees for services
1.9%$250 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$224 thousand
  • School lunches$17 thousand
  • School tuition and transportation$9 thousand

Amounts are by Census type of charge.

Federal tax money0.5%

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

From the federal government
0.5%$62 thousand

State tax money70%

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

From the state
70%$9.2 million

Fines and other1.9%

Interest, rents and other
1.9%$245 thousand

Where it goes

Schools and colleges100%Sent to other local governments<0.1%

What stands out

100%

of Berea Independent School District'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%$20.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$20.8 million
Sent to other local governments
<0.1%$17 thousand
What's in sent to other local governmentsSent to the state government
  • Sent to the state government$17 thousand
Sources and moreWhere these numbers come from and what they cover

Berea Independent 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 Berea Independent 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.