School district · Torrance County, NM

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

In the latest recorded fiscal year (ended June 30, 2024), Mountainair School District took in $7.6 million and spent $7.0 million.

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

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Where it comes from

State tax money84%School district taxes7.7%Federal tax money5.1%Fees for services (school lunches)2.4%Fines and other0.9%

What stands out

7.7%

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

School district taxes7.7%

Property tax
7.7%$585 thousand

Fees for services2.4%

Fees for services
2.4%$182 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$173 thousand
  • School lunches$9 thousand

Amounts are by Census type of charge.

Federal tax money5.1%

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

From the federal government
5.1%$387 thousand

State tax money84%

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

From the state
84%$6.4 million

Fines and other0.9%

Interest, rents and other
0.9%$72 thousand

Where it goes

Schools and colleges100%Interest on debt0.5%

Spending by category100%

Schools and colleges
100%$7.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$7.0 million
Interest on debt
0.5%$33 thousand
Sources and moreWhere these numbers come from and what they cover

Mountainair 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 Mountainair 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.