School district · Sandoval County, NM

Rio Rancho Public Schools's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Rio Rancho Public Schools took in $318 million and spent $284 million.

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

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Where it comes from

State tax money85%School district taxes11%Fees for services (school lunches)1.8%Federal tax money1.5%Fines and other0.7%

What stands out

85%

of Rio Rancho Public Schools' money comes from state tax money.A typical school district with 5,000 to 25,000 students gets 59%.

School district taxes11%

Property tax
11%$35.1 million

Fees for services1.8%

Fees for services
1.8%$5.8 million
What's in fees for servicesOther school charges and school lunches
  • Other school charges$5.5 million
  • School lunches$311 thousand

Amounts are by Census type of charge.

Federal tax money1.5%

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

From the federal government
1.5%$4.7 million

State tax money85%

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

From the state
85%$270 million

Fines and other0.7%

Interest, rents and other
0.7%$2.4 million

Where it goes

Schools and colleges99%Interest on debt1.3%

Spending by category100%

Schools and colleges
99%$281 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$281 million
Interest on debt
1.3%$3.7 million
Sources and moreWhere these numbers come from and what they cover

Rio Rancho Public Schools. 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 Rio Rancho Public Schools 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.