School district · Curry County, NM

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

In the latest recorded fiscal year (ended June 30, 2024), Clovis School District took in $141 million and spent $131 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

State tax money83%Fines and other8.3%School district taxes4.8%Federal tax money2.2%Fees for services (school lunches)1.2%

What stands out

4.8%

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

School district taxes4.8%

Property tax

4.8%$6.8 million

Fees for services1.2%

Fees for services

1.2%$1.7 million

What's in fees for servicesOther school charges and school lunches

Other school charges$1.6 million
School lunches$36 thousand

Amounts are by Census type of charge.

Federal tax money2.2%

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

From the federal government

2.2%$3.1 million

State tax money83%

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

From the state

83%$118 million

Fines and other8.3%

Interest, rents and other

8.3%$11.7 million

Where it goes

Schools and colleges99%Interest on debt0.9%

Spending by category100%

Schools and colleges

99%$130 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$130 million

Interest on debt

0.9%$1.1 million

Sources and moreWhere these numbers come from and what they cover

Clovis 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 Clovis 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.