School district · Sagadahoc County, ME

Lower Kennebec Regional School Unit 01's money: where it comes from and where it goes

In the latest recorded fiscal year, Lower Kennebec Regional School Unit 01 took in $45.4 million and spent $43.9 million.

Latest recorded yearComes fromGoes to

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Where it comes from

State tax money48%School district taxes45%County and local tax money4.3%Fines and other2.0%Fees for services (school lunches, school tuition and transportation)0.1%

What stands out

45%

of Lower Kennebec Regional School Unit 01's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes45%

Property tax
45%$20.5 million

Fees for services0.1%

Fees for services
0.1%$58 thousand
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$27 thousand
  • Other school charges$26 thousand
  • School tuition and transportation$5 thousand

Amounts are by Census type of charge.

State tax money48%

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

From the state
48%$22.0 million

County and local tax money4.3%

Money passed on by the county or other local governments.

From the county and other local governments
4.3%$2.0 million

Fines and other2.0%

Interest, rents and other
2.0%$922 thousand

Where it goes

Schools and colleges94%Interest on debt6.1%

What stands out

6.1%

of Lower Kennebec Regional School Unit 01'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%$41.3 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$41.3 million
Interest on debt
6.1%$2.7 million
Sources and moreWhere these numbers come from and what they cover

Lower Kennebec Regional School Unit 01. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file.

What this covers. The money of Lower Kennebec Regional School Unit 01 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.