School district · Woodford County, KY

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

In the latest recorded fiscal year (ended June 30, 2024), Woodford County School District took in $51.6 million and spent $105 million.

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

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Where it comes from

School district taxes52%State tax money35%Fines and other7.6%Fees for services (school lunches, school tuition and transportation)4.1%County and local tax money0.5%Federal tax money0.3%

What stands out

48%

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

School district taxes52%

Property tax
48%$24.8 million
Other taxes
4.0%$2.1 million
What's in other taxesPublic utility taxes
  • Public utility taxes$2.1 million

Amounts are by Census tax category.

Fees for services4.1%

Fees for services
4.1%$2.1 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$1.8 million
  • School lunches$214 thousand
  • School tuition and transportation$94 thousand

Amounts are by Census type of charge.

Federal tax money0.3%

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

From the federal government
0.3%$132 thousand

State tax money35%

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

From the state
35%$18.3 million

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments
0.5%$235 thousand

Fines and other7.6%

Interest, rents and other
7.6%$3.9 million

Where it goes

Schools and colleges97%Interest on debt3.5%

Spending by category100%

Schools and colleges
97%$102 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$102 million
Interest on debt
3.5%$3.6 million
Sent to other local governments
<0.1%$25 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$25 thousand
Sources and moreWhere these numbers come from and what they cover

Woodford 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 Woodford 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.