School district · Eddy County, NM

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

In the latest recorded fiscal year (ended June 30, 2024), Carlsbad School District took in $265 million and spent $235 million.

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

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Where it comes from

School district taxes57%State tax money40%Fines and other1.8%Fees for services (school lunches)0.6%Federal tax money0.6%

What stands out

57%

of Carlsbad School District's money comes from property tax.A typical school district with 5,000 to 25,000 students gets 29%.

School district taxes57%

Property tax
57%$151 million

Fees for services0.6%

Fees for services
0.6%$1.5 million
What's in fees for servicesOther school charges and school lunches
  • Other school charges$1.2 million
  • School lunches$354 thousand

Amounts are by Census type of charge.

Federal tax money0.6%

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

From the federal government
0.6%$1.5 million

State tax money40%

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

From the state
40%$106 million

Fines and other1.8%

Interest, rents and other
1.8%$4.8 million

Where it goes

Schools and colleges100%Interest on debt0.4%

What stands out

100%

of Carlsbad School District's spending goes to schools and colleges.A typical school district with 5,000 to 25,000 students spends 96%.

Spending by category100%

Schools and colleges
100%$234 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$234 million
Interest on debt
0.4%$998 thousand
Sent to other local governments
<0.1%$17 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$17 thousand
Sources and moreWhere these numbers come from and what they cover

Carlsbad 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 Carlsbad 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.