School district · Wyoming County, NY

Letchworth Central School's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Letchworth Central School took in $30.5 million and spent $32.3 million.

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

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Where it comes from

State tax money72%School district taxes13%Fines and other10%County and local tax money3.5%Fees for services (school lunches, school tuition and transportation)0.6%

What stands out

10%

of Letchworth Central School's money comes from interest, rents and other revenue.A typical school district with fewer than 5,000 students gets 3.2%.

School district taxes13%

Property tax
13%$4.1 million

Fees for services0.6%

Fees for services
0.6%$192 thousand
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$118 thousand
  • Other school charges$69 thousand
  • School tuition and transportation$5 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$4 thousand

State tax money72%

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

From the state
72%$22.0 million

County and local tax money3.5%

Money passed on by the county or other local governments.

From the county and other local governments
3.5%$1.1 million

Fines and other10%

Interest, rents and other
10%$3.1 million

Where it goes

Schools and colleges99%Interest on debt0.9%Sent to other local governments0.2%

Spending by category100%

Schools and colleges
99%$32.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$32.0 million
Interest on debt
0.9%$295 thousand
Sent to other local governments
0.2%$51 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$51 thousand
Sources and moreWhere these numbers come from and what they cover

Letchworth Central School. 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 Letchworth Central School 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.