School district · Chaves County, NM

Roswell Independent Schools's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Roswell Independent Schools took in $207 million and spent $185 million.

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

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Where it comes from

State tax money91%School district taxes4.7%Federal tax money1.7%Fines and other1.6%Fees for services (school lunches)0.8%

What stands out

4.7%

of Roswell Independent Schools' money comes from property tax.A typical school district with 5,000 to 25,000 students gets 29%.

School district taxes4.7%

Property tax
4.7%$9.8 million

Fees for services0.8%

Fees for services
0.8%$1.6 million
What's in fees for servicesOther school charges and school lunches
  • Other school charges$1.4 million
  • School lunches$254 thousand

Amounts are by Census type of charge.

Federal tax money1.7%

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

From the federal government
1.7%$3.4 million

State tax money91%

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

From the state
91%$189 million

Fines and other1.6%

Interest, rents and other
1.6%$3.3 million

Where it goes

Schools and colleges99%Interest on debt0.5%

What stands out

99%

of Roswell Independent Schools' spending goes to schools and colleges.A typical school district with 5,000 to 25,000 students spends 96%.

Spending by category100%

Schools and colleges
99%$184 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$184 million
Interest on debt
0.5%$1.0 million
Sources and moreWhere these numbers come from and what they cover

Roswell Independent 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 Roswell Independent 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.