School district · Lincoln County, MT

Libby K-12 School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Libby K-12 School District took in $15.7 million and spent $15.0 million.

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

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Where it comes from

State tax money63%School district taxes19%County and local tax money10%Fines and other4.8%Fees for services (school lunches, school tuition and transportation)3.5%

What stands out

10%

of Libby K-12 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%.

School district taxes19%

Property tax
19%$3.0 million

Fees for services3.5%

Fees for services
3.5%$547 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$476 thousand
  • School lunches$58 thousand
  • School tuition and transportation$13 thousand

Amounts are by Census type of charge.

State tax money63%

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

From the state
63%$9.8 million

County and local tax money10%

Money passed on by the county or other local governments.

From the county and other local governments
10%$1.6 million

Fines and other4.8%

Interest, rents and other
4.8%$758 thousand

Where it goes

Schools and colleges100%Interest on debt0.1%Sent to other local governments0.1%

What stands out

100%

of Libby K-12 School District's spending goes to schools and colleges.A typical school district with fewer than 5,000 students spends 97%.

Spending by category100%

Schools and colleges
100%$14.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$14.9 million
Interest on debt
0.1%$20 thousand
Sent to other local governments
0.1%$18 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$18 thousand
Sources and moreWhere these numbers come from and what they cover

Libby K-12 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 Libby K-12 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.