School district · Richardson County, NE

Falls City School District 56's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Falls City School District 56 took in $15.5 million and spent $16.0 million.

Latest recorded year: ended August 31, 2023Comes fromGoes to

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Where it comes from

School district taxes55%State tax money37%Fees for services (school lunches, school tuition and transportation)3.5%Fines and other3.2%County and local tax money1.0%Federal tax money0.3%

What stands out

51%

of Falls City School District 56's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes55%

Property tax
51%$8.0 million
Other taxes
3.7%$576 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$576 thousand

Amounts are by Census tax category.

Fees for services3.5%

Fees for services
3.5%$538 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$262 thousand
  • School lunches$180 thousand
  • School tuition and transportation$96 thousand

Amounts are by Census type of charge.

Federal tax money0.3%

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

From the federal government
0.3%$40 thousand

State tax money37%

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

From the state
37%$5.7 million

County and local tax money1.0%

Money passed on by the county or other local governments.

From the county and other local governments
1.0%$152 thousand

Fines and other3.2%

Interest, rents and other
3.2%$499 thousand

Where it goes

Schools and colleges98%Sent to other local governments1.5%

Spending by category100%

Schools and colleges
98%$15.7 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$15.7 million
Sent to other local governments
1.5%$246 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$246 thousand
Sources and moreWhere these numbers come from and what they cover

Falls City School District 56. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended August 31, 2023.

What this covers. The money of Falls City School District 56 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.