School district · Grant County, KY

Williamstown Independent School D's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Williamstown Independent School D took in $13.7 million and spent $19.0 million.

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

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Where it comes from

State tax money54%School district taxes21%Fines and other14%Federal tax money8.3%Fees for services (school tuition and transportation, school lunches)3.1%

What stands out

8.3%

of Williamstown Independent School D's money comes from federal tax money.Most school districts with fewer than 5,000 students get none.

School district taxes21%

Property tax
19%$2.6 million
Other taxes
1.7%$239 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$239 thousand

Amounts are by Census tax category.

Fees for services3.1%

Fees for services
3.1%$429 thousand
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$298 thousand
  • School tuition and transportation$97 thousand
  • School lunches$34 thousand

Amounts are by Census type of charge.

Federal tax money8.3%

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

From the federal government
8.3%$1.1 million

State tax money54%

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

From the state
54%$7.4 million

Fines and other14%

Interest, rents and other
14%$1.9 million

Where it goes

Schools and colleges96%Interest on debt3.8%Sent to other local governments0.4%

Spending by category100%

Schools and colleges
96%$18.2 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$18.2 million
Interest on debt
3.8%$730 thousand
Sent to other local governments
0.4%$81 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$52 thousand
  • Sent to the state government$29 thousand
Sources and moreWhere these numbers come from and what they cover

Williamstown Independent School D. 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 Williamstown Independent School D 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.