School district · Howard County, MO

Fayette School District R 3's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Fayette School District R 3 took in $8.9 million and spent $11.6 million.

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

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Where it comes from

State tax money49%School district taxes43%Fines and other3.9%Fees for services (school lunches)3.0%Federal tax money1.0%

What stands out

42%

of Fayette School District R 3's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes43%

Property tax
42%$3.7 million
Other taxes
1.0%$86 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$86 thousand

Amounts are by Census tax category.

Fees for services3.0%

Fees for services
3.0%$271 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$168 thousand
  • School lunches$103 thousand

Amounts are by Census type of charge.

Federal tax money1.0%

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

From the federal government
1.0%$85 thousand

State tax money49%

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

From the state
49%$4.4 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$3 thousand

Fines and other3.9%

Interest, rents and other
3.7%$329 thousand
Fines
0.2%$17 thousand

Where it goes

Schools and colleges98%Interest on debt1.2%Sent to other local governments0.9%

Spending by category100%

Schools and colleges
98%$11.3 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$11.3 million
Interest on debt
1.2%$143 thousand
Sent to other local governments
0.9%$100 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$100 thousand
Sources and moreWhere these numbers come from and what they cover

Fayette School District R 3. 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 Fayette School District R 3 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.