School district · Essex County, NY

Lake Placid Central School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Lake Placid Central School District took in $22.8 million and spent $21.8 million.

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

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Where it comes from

School district taxes75%State tax money21%Fines and other4.2%Fees for services (school lunches, school tuition and transportation)0.4%

What stands out

75%

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

School district taxes75%

Property tax
75%$17.0 million

Fees for services0.4%

Fees for services
0.4%$85 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$35 thousand
  • School lunches$33 thousand
  • School tuition and transportation$17 thousand

Amounts are by Census type of charge.

State tax money21%

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

From the state
21%$4.7 million

Fines and other4.2%

Interest, rents and other
4.2%$964 thousand

Where it goes

Schools and colleges97%Interest on debt2.4%Sent to other local governments0.3%

Spending by category100%

Schools and colleges
97%$21.2 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$21.2 million
Interest on debt
2.4%$526 thousand
Sent to other local governments
0.3%$73 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$73 thousand
Sources and moreWhere these numbers come from and what they cover

Lake Placid Central 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 Lake Placid Central 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.