School district · Valencia County, NM

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

In the latest recorded fiscal year (ended June 30, 2024), Belen School District took in $78.4 million and spent $66.8 million.

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

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Where it comes from

State tax money85%School district taxes11%Fines and other1.5%Federal tax money1.2%Fees for services (school lunches)0.8%

What stands out

85%

of Belen School District's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes11%

Property tax
11%$8.8 million

Fees for services0.8%

Fees for services
0.8%$647 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$525 thousand
  • School lunches$122 thousand

Amounts are by Census type of charge.

Federal tax money1.2%

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

From the federal government
1.2%$952 thousand

State tax money85%

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

From the state
85%$66.8 million

Fines and other1.5%

Interest, rents and other
1.5%$1.2 million

Where it goes

Schools and colleges99%Interest on debt0.8%

Spending by category100%

Schools and colleges
99%$66.2 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$66.2 million
Interest on debt
0.8%$536 thousand
Sent to other local governments
<0.1%$10 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$10 thousand
Sources and moreWhere these numbers come from and what they cover

Belen 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 Belen 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.