School district · Texas County, MO

Plato School District R 5's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Plato School District R 5 took in $7.4 million and spent $7.0 million.

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

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Where it comes from

State tax money70%School district taxes18%Fees for services (school lunches)4.2%County and local tax money3.1%Federal tax money2.7%Fines and other2.4%

What stands out

18%

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

School district taxes18%

Property tax
18%$1.3 million
Other taxes
<0.1%$2 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$2 thousand

Amounts are by Census tax category.

Fees for services4.2%

Fees for services
4.2%$312 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$225 thousand
  • School lunches$87 thousand

Amounts are by Census type of charge.

Federal tax money2.7%

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

From the federal government
2.7%$199 thousand

State tax money70%

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

From the state
70%$5.1 million

County and local tax money3.1%

Money passed on by the county or other local governments.

From the county and other local governments
3.1%$227 thousand

Fines and other2.4%

Interest, rents and other
1.9%$139 thousand
Fines
0.5%$36 thousand

Where it goes

Schools and colleges98%Sent to other local governments1.8%

Spending by category100%

Schools and colleges
98%$6.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$6.9 million
Sent to other local governments
1.8%$126 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$126 thousand
Sources and moreWhere these numbers come from and what they cover

Plato School District R 5. 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 Plato School District R 5 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.