School district · San Juan County, NM

Farmington School District 5's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Farmington School District 5 took in $192 million and spent $171 million.

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

See every government that serves your ZIP

Where it comes from

State tax money86%School district taxes8.7%Federal tax money3.3%Fees for services (school lunches)1.5%Fines and other0.6%

What stands out

8.7%

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

School district taxes8.7%

Property tax
8.7%$16.8 million

Fees for services1.5%

Fees for services
1.5%$2.9 million
What's in fees for servicesOther school charges and school lunches
  • Other school charges$2.6 million
  • School lunches$295 thousand

Amounts are by Census type of charge.

Federal tax money3.3%

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

From the federal government
3.3%$6.3 million

State tax money86%

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

From the state
86%$165 million

Fines and other0.6%

Interest, rents and other
0.6%$1.1 million

Where it goes

Schools and colleges99%Interest on debt1.2%

Spending by category100%

Schools and colleges
99%$169 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$169 million
Interest on debt
1.2%$2.0 million
Sources and moreWhere these numbers come from and what they cover

Farmington School District 5. 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 Farmington School District 5 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.