School district · Greenup County, KY

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

In the latest recorded fiscal year (ended June 30, 2024), Raceland Indep School District took in $13.7 million and spent $19.1 million.

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

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Where it comes from

State tax money74%School district taxes14%Fees for services (school tuition and transportation, school lunches)10%Fines and other1.5%

What stands out

10%

of Raceland Indep School District's money comes from fees for services such as water, sewer and parking.A typical school district with fewer than 5,000 students gets 1.8%.

School district taxes14%

Property tax
14%$2.0 million

Fees for services10%

Fees for services
10%$1.4 million
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$1.2 million
  • School tuition and transportation$155 thousand
  • School lunches$11 thousand

Amounts are by Census type of charge.

State tax money74%

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

From the state
74%$10.2 million

Fines and other1.5%

Interest, rents and other
1.5%$208 thousand

Where it goes

Schools and colleges93%Interest on debt6.7%

What stands out

6.7%

of Raceland Indep 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
93%$17.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$17.8 million
Interest on debt
6.7%$1.3 million
Sources and moreWhere these numbers come from and what they cover

Raceland 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 Raceland 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.