School district · Boyd County, KY

Boyd County School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Boyd County School District took in $54.7 million and spent $71.8 million.

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

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Where it comes from

State tax money58%School district taxes29%Fines and other5.3%Federal tax money5.0%Fees for services (school lunches)2.3%

What stands out

5%

of Boyd County School District's money comes from federal tax money.Most school districts with fewer than 5,000 students get none.

School district taxes29%

Property tax
24%$13.2 million
Other taxes
4.8%$2.6 million
What's in other taxesPublic utility taxes
  • Public utility taxes$2.6 million

Amounts are by Census tax category.

Fees for services2.3%

Fees for services
2.3%$1.3 million
What's in fees for servicesOther school charges and school lunches
  • Other school charges$1.2 million
  • School lunches$92 thousand

Amounts are by Census type of charge.

Federal tax money5.0%

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

From the federal government
5.0%$2.8 million

State tax money58%

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

From the state
58%$31.9 million

Fines and other5.3%

Interest, rents and other
5.3%$2.9 million

Where it goes

Schools and colleges100%

What stands out

100%

of Boyd County 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%$71.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$71.8 million
Sources and moreWhere these numbers come from and what they cover

Boyd County 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 Boyd County 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.