School district · Franklin County, KY

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

In the latest recorded fiscal year (ended June 30, 2024), Franklin County School District took in $85.5 million and spent $104 million.

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

See every government that serves your ZIP

Where it comes from

State tax money47%School district taxes46%Fees for services (school lunches)3.5%Fines and other2.4%Federal tax money0.3%County and local tax money<0.1%

What stands out

4.6%

of Franklin County School District's money comes from taxes other than property, sales and income taxes.Most school districts with 5,000 to 25,000 students get none.

School district taxes46%

Property tax
42%$35.7 million
Other taxes
4.6%$3.9 million
What's in other taxesPublic utility taxes
  • Public utility taxes$3.9 million

Amounts are by Census tax category.

Fees for services3.5%

Fees for services
3.5%$3.0 million
What's in fees for servicesOther school charges and school lunches
  • Other school charges$2.7 million
  • School lunches$261 thousand

Amounts are by Census type of charge.

Federal tax money0.3%

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

From the federal government
0.3%$258 thousand

State tax money47%

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

From the state
47%$40.6 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$45 thousand

Fines and other2.4%

Interest, rents and other
2.4%$2.1 million

Where it goes

Schools and colleges98%Interest on debt1.6%

Spending by category100%

Schools and colleges
98%$102 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$102 million
Interest on debt
1.6%$1.7 million
Sent to other local governments
<0.1%$44 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$44 thousand
Sources and moreWhere these numbers come from and what they cover

Franklin 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 Franklin 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.