School district · Colfax County, NM
Maxwell School District's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2024), Maxwell School District took in $4.3 million and spent $3.6 million.
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Where it comes from
What stands out
of Maxwell School District's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.
School district taxes4.2%
Fees for services3.0%
What's in fees for servicesOther school charges and school lunches
- Other school charges$126 thousand
- School lunches$3 thousand
Amounts are by Census type of charge.
Federal tax money1.9%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money89%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other2.3%
Where it goes
What stands out
of Maxwell School District's spending goes to schools and colleges.A typical school district with fewer than 5,000 students spends 97%.
Spending by category100%
What's in schools and collegesElementary and secondary schools
- Elementary and secondary schools$3.6 million
Sources and moreWhere these numbers come from and what they cover
Maxwell 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 Maxwell 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.