School district · Hancock County, KY

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

In the latest recorded fiscal year (ended June 30, 2024), Hancock County School District took in $22.0 million and spent $27.7 million.

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

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Where it comes from

State tax money47%School district taxes43%Fees for services (school lunches, school tuition and transportation)5.8%Fines and other3.2%County and local tax money0.6%Federal tax money0.4%

What stands out

8.8%

of Hancock County 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 taxes43%

Property tax
35%$7.6 million
Other taxes
8.8%$1.9 million
What's in other taxesPublic utility taxes
  • Public utility taxes$1.9 million

Amounts are by Census tax category.

Fees for services5.8%

Fees for services
5.8%$1.3 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$919 thousand
  • School lunches$346 thousand
  • School tuition and transportation$8 thousand

Amounts are by Census type of charge.

Federal tax money0.4%

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

From the federal government
0.4%$85 thousand

State tax money47%

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

From the state
47%$10.3 million

County and local tax money0.6%

Money passed on by the county or other local governments.

From the county and other local governments
0.6%$133 thousand

Fines and other3.2%

Interest, rents and other
3.2%$713 thousand

Where it goes

Schools and colleges98%Interest on debt1.8%Sent to other local governments<0.1%

Spending by category100%

Schools and colleges
98%$27.2 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$27.2 million
Interest on debt
1.8%$495 thousand
Sent to other local governments
<0.1%$17 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$17 thousand
Sources and moreWhere these numbers come from and what they cover

Hancock 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 Hancock 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.