School district · Taos County, NM

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

In the latest recorded fiscal year (ended June 30, 2024), Penasco Independent School District took in $9.2 million and spent $9.2 million.

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

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Where it comes from

State tax money89%School district taxes5.3%Federal tax money2.1%Fees for services (school lunches)1.8%Fines and other1.5%

What stands out

5.3%

of Penasco Independent 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%$487 thousand

Fees for services1.8%

Fees for services
1.8%$164 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$155 thousand
  • School lunches$9 thousand

Amounts are by Census type of charge.

Federal tax money2.1%

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

From the federal government
2.1%$195 thousand

State tax money89%

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

From the state
89%$8.2 million

Fines and other1.5%

Interest, rents and other
1.5%$139 thousand

Where it goes

Schools and colleges100%Interest on debt0.2%

What stands out

100%

of Penasco Independent 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%$9.2 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$9.2 million
Interest on debt
0.2%$16 thousand
Sources and moreWhere these numbers come from and what they cover

Penasco Independent 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 Penasco Independent 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.