School district · Somerset County, ME

School Administrative District 74's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), School Administrative District 74 took in $13.5 million and spent $12.8 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

School district taxes49%State tax money47%County and local tax money3.0%Fines and other1.3%

What stands out

49%

of School Administrative District 74's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes49%

Property tax

49%$6.6 million

Fees for services<0.1%

Fees for services

<0.1%$2 thousand

What's in fees for servicesSchool lunches

School lunches$2 thousand

Amounts are by Census type of charge.

State tax money47%

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

From the state

47%$6.3 million

County and local tax money3.0%

Money passed on by the county or other local governments.

From the county and other local governments

3.0%$407 thousand

Fines and other1.3%

Interest, rents and other

1.3%$175 thousand

Where it goes

Schools and colleges99%Interest on debt0.7%Sent to other local governments<0.1%

Spending by category100%

Schools and colleges

99%$12.7 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$12.7 million

Interest on debt

0.7%$84 thousand

Sent to other local governments

<0.1%$12 thousand

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

Sent to school districts$12 thousand

Sources and moreWhere these numbers come from and what they cover

School Administrative District 74. 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 School Administrative District 74 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.