School district · Lee County, MS

Tupelo Public School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Tupelo Public School District took in $110 million and spent $105 million.

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

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Where it comes from

State tax money56%School district taxes36%Fines and other4.7%Fees for services (school lunches, school tuition and transportation)1.8%Federal tax money1.1%

What stands out

36%

of Tupelo Public School District's money comes from property tax.A typical school district with 5,000 to 25,000 students gets 29%.

School district taxes36%

Property tax
36%$39.0 million
Other taxes
0.4%$391 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$391 thousand

Amounts are by Census tax category.

Fees for services1.8%

Fees for services
1.8%$2.0 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$962 thousand
  • School lunches$819 thousand
  • School tuition and transportation$247 thousand

Amounts are by Census type of charge.

Federal tax money1.1%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
1.1%$1.2 million

State tax money56%

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

From the state
56%$61.9 million

Fines and other4.7%

Interest, rents and other
4.7%$5.2 million

Where it goes

Schools and colleges99%Interest on debt0.9%

Spending by category100%

Schools and colleges
99%$104 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$104 million
Interest on debt
0.9%$987 thousand
Sources and moreWhere these numbers come from and what they cover

Tupelo Public 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 Tupelo Public 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.