School district · Fayette County, KY

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

In the latest recorded fiscal year (ended June 30, 2024), Fayette County School District took in $677 million and spent $888 million.

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

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Where it comes from

School district taxes60%State tax money33%Fines and other4.3%Fees for services (school lunches, school tuition and transportation)2.4%Federal tax money0.1%

What stands out

7.8%

of Fayette County School District's money comes from a personal income tax.Most school districts with 25,000+ students get none.

School district taxes60%

Property tax
49%$331 million
Individual income tax
7.8%$52.8 million
Other taxes
3.6%$24.7 million
What's in other taxesPublic utility taxes
  • Public utility taxes$24.7 million

Amounts are by Census tax category.

Fees for services2.4%

Fees for services
2.4%$16.2 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$13.4 million
  • School lunches$2.8 million
  • School tuition and transportation$92 thousand

Amounts are by Census type of charge.

Federal tax money0.1%

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

From the federal government
0.1%$998 thousand

State tax money33%

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

From the state
33%$223 million

Fines and other4.3%

Interest, rents and other
4.3%$29.0 million

Where it goes

Schools and colleges98%Interest on debt2.2%Sent to other local governments0.2%

Spending by category100%

Schools and colleges
98%$866 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$866 million
Interest on debt
2.2%$19.9 million
Sent to other local governments
0.2%$1.6 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$1.1 million
  • Sent to the state government$543 thousand
Sources and moreWhere these numbers come from and what they cover

Fayette 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 Fayette 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.