School district · Oxford County, ME

Regional Schoot Unit 56's money: where it comes from and where it goes

In the latest recorded fiscal year, Regional Schoot Unit 56 took in $14.9 million and spent $16.3 million.

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Where it comes from

State tax money58%School district taxes40%Fines and other1.1%Fees for services (school tuition and transportation, school lunches)0.5%County and local tax money0.2%

What stands out

40%

of Regional Schoot Unit 56's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes40%

Property tax

40%$6.0 million

Fees for services0.5%

Fees for services

0.5%$71 thousand

What's in fees for servicesSchool tuition and transportation; school lunches and 1 more

School tuition and transportation$47 thousand
School lunches$19 thousand
Other school charges$5 thousand

Amounts are by Census type of charge.

State tax money58%

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

From the state

58%$8.6 million

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments

0.2%$23 thousand

Fines and other1.1%

Interest, rents and other

1.1%$166 thousand

Where it goes

Schools and colleges97%Sent to other local governments2.0%Interest on debt0.6%

Spending by category100%

Schools and colleges

97%$15.9 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$15.9 million

Sent to other local governments

2.0%$327 thousand

What's in sent to other local governmentsSent to school districts

Sent to school districts$327 thousand

Interest on debt

0.6%$93 thousand

Sources and moreWhere these numbers come from and what they cover

Regional Schoot Unit 56. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file.

What this covers. The money of Regional Schoot Unit 56 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.