School district · Chaves County, NM

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

In the latest recorded fiscal year (ended June 30, 2024), Hagerman School District took in $10.8 million and spent $9.8 million.

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

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Where it comes from

State tax money83%Fines and other10%School district taxes5.3%Federal tax money1.2%Fees for services (school lunches)0.4%

What stands out

5.3%

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

School district taxes5.3%

Property tax
5.3%$577 thousand

Fees for services0.4%

Fees for services
0.4%$42 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$33 thousand
  • School lunches$9 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%$134 thousand

State tax money83%

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

From the state
83%$9.0 million

Fines and other10%

Interest, rents and other
10%$1.1 million

Where it goes

Schools and colleges100%Interest on debt0.1%

What stands out

100%

of Hagerman School District's spending goes to schools and colleges.A typical school district with fewer than 5,000 students spends 97%.

Spending by category100%

Schools and colleges
100%$9.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$9.8 million
Interest on debt
0.1%$12 thousand
Sources and moreWhere these numbers come from and what they cover

Hagerman 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 Hagerman 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.