School district · Essex County, MA

Masconomet Regional School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Masconomet Regional School District took in $44.8 million and spent $46.5 million.

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

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Where it comes from

County and local tax money75%State tax money22%Fees for services (school lunches, school tuition and transportation)1.3%Fines and other1.0%

What stands out

75%

of Masconomet Regional School District's money comes from county and other local tax money.A typical school district with fewer than 5,000 students gets 1.1%.

Fees for services1.3%

Fees for services
1.3%$604 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$451 thousand
  • School lunches$86 thousand
  • School tuition and transportation$67 thousand

Amounts are by Census type of charge.

State tax money22%

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

From the state
22%$10.0 million

County and local tax money75%

Money passed on by the county or other local governments.

From the county and other local governments
75%$33.8 million

Fines and other1.0%

Interest, rents and other
1.0%$454 thousand

Where it goes

Schools and colleges97%Sent to other local governments2.8%

Spending by category100%

Schools and colleges
97%$45.2 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$45.2 million
Sent to other local governments
2.8%$1.3 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$1.3 million
Sources and moreWhere these numbers come from and what they cover

Masconomet Regional 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 Masconomet Regional 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.