School district · Martin County, KY

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

In the latest recorded fiscal year (ended June 30, 2024), Martin County School District took in $30.7 million and spent $28.8 million.

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

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Where it comes from

State tax money77%School district taxes13%Fines and other6.5%Fees for services (school lunches, school tuition and transportation)3.0%Federal tax money<0.1%

What stands out

11%

of Martin County School District's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes13%

Property tax
11%$3.4 million
Other taxes
2.1%$643 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$643 thousand

Amounts are by Census tax category.

Fees for services3.0%

Fees for services
3.0%$924 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$824 thousand
  • School lunches$67 thousand
  • School tuition and transportation$33 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$27 thousand

State tax money77%

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

From the state
77%$23.7 million

Fines and other6.5%

Interest, rents and other
6.5%$2.0 million

Where it goes

Schools and colleges94%Interest on debt5.9%

What stands out

5.9%

of Martin County School District's spending goes to interest on debt.A typical school district with fewer than 5,000 students spends 0.9%.

Spending by category100%

Schools and colleges
94%$27.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$27.1 million
Interest on debt
5.9%$1.7 million
Sources and moreWhere these numbers come from and what they cover

Martin 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 Martin 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.