School district · Hancock County, ME

Regional School Unit 24's money: where it comes from and where it goes

In the latest recorded fiscal year, Regional School Unit 24 took in $25.3 million and spent $24.5 million.

Latest recorded yearComes fromGoes to

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Where it comes from

School district taxes58%State tax money39%Fines and other1.7%County and local tax money0.9%Fees for services (school tuition and transportation, school lunches)0.4%

What stands out

58%

of Regional School Unit 24's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes58%

Property tax
58%$14.6 million

Fees for services0.4%

Fees for services
0.4%$105 thousand
What's in fees for servicesSchool tuition and transportation; school lunches and 1 more
  • School tuition and transportation$65 thousand
  • School lunches$29 thousand
  • Other school charges$11 thousand

Amounts are by Census type of charge.

State tax money39%

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

From the state
39%$10.0 million

County and local tax money0.9%

Money passed on by the county or other local governments.

From the county and other local governments
0.9%$238 thousand

Fines and other1.7%

Interest, rents and other
1.7%$423 thousand

Where it goes

Schools and colleges93%Interest on debt3.9%Sent to other local governments3.4%

What stands out

93%

of Regional School Unit 24's spending goes to schools and colleges.A typical school district with fewer than 5,000 students spends 97%.

Spending by category100%

Schools and colleges
93%$22.7 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$22.7 million
Interest on debt
3.9%$959 thousand
Sent to other local governments
3.4%$838 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$838 thousand
Sources and moreWhere these numbers come from and what they cover

Regional School Unit 24. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file.

What this covers. The money of Regional School Unit 24 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.