School district · Campbell County, KY

Newport Indep School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Newport Indep School District took in $29.9 million and spent $35.1 million.

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

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Where it comes from

State tax money53%School district taxes39%Fines and other3.7%County and local tax money2.3%Federal tax money1.4%Fees for services (school lunches)0.9%

What stands out

39%

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

School district taxes39%

Property tax
39%$11.5 million

Fees for services0.9%

Fees for services
0.9%$278 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$220 thousand
  • School lunches$58 thousand

Amounts are by Census type of charge.

Federal tax money1.4%

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

From the federal government
1.4%$409 thousand

State tax money53%

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

From the state
53%$15.9 million

County and local tax money2.3%

Money passed on by the county or other local governments.

From the county and other local governments
2.3%$684 thousand

Fines and other3.7%

Interest, rents and other
3.7%$1.1 million

Where it goes

Schools and colleges97%Interest on debt2.0%Sent to other local governments0.8%

Spending by category100%

Schools and colleges
97%$34.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$34.1 million
Interest on debt
2.0%$717 thousand
Sent to other local governments
0.8%$296 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$260 thousand
  • Sent to the state government$36 thousand
Sources and moreWhere these numbers come from and what they cover

Newport Indep 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 Newport Indep 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.