School district · Montgomery County, NY

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

In the latest recorded fiscal year (ended June 30, 2024), Amsterdam School District took in $115 million and spent $101 million.

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

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Where it comes from

State tax money79%School district taxes17%Fines and other4.6%Fees for services (school lunches)<0.1%

What stands out

79%

of Amsterdam School District's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes17%

Property tax
17%$19.1 million

Fees for services<0.1%

Fees for services
<0.1%$81 thousand
What's in fees for servicesSchool lunches and other school charges
  • School lunches$69 thousand
  • Other school charges$12 thousand

Amounts are by Census type of charge.

State tax money79%

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

From the state
79%$90.6 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$15 thousand

Fines and other4.6%

Interest, rents and other
4.6%$5.3 million

Where it goes

Schools and colleges92%Sent to other local governments5.5%Interest on debt2.1%

What stands out

5.5%

of Amsterdam School District's spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.

Spending by category100%

Schools and colleges
92%$93.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$93.8 million
Sent to other local governments
5.5%$5.6 million
What's in sent to other local governmentsSent to local governments: other and not broken out and sent to school districts
  • Sent to local governments: other and not broken out$5.4 million
  • Sent to school districts$147 thousand
Interest on debt
2.1%$2.1 million
Sources and moreWhere these numbers come from and what they cover

Amsterdam 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 Amsterdam 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.