School district · Chenango County, NY

Otselic Valley Central School District at Georgetown-South Otselic's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Otselic Valley Central School District at Georgetown-South Otselic took in $15.1 million and spent $13.3 million.

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

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Where it comes from

State tax money75%School district taxes21%Fines and other3.5%Fees for services (school tuition and transportation, school lunches)0.6%

What stands out

75%

of Otselic Valley Central School District at Georgetown-South Otselic's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes21%

Property tax
21%$3.1 million

Fees for services0.6%

Fees for services
0.6%$85 thousand
What's in fees for servicesSchool tuition and transportation and school lunches
  • School tuition and transportation$64 thousand
  • School lunches$21 thousand

Amounts are by Census type of charge.

State tax money75%

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

From the state
75%$11.4 million

Fines and other3.5%

Interest, rents and other
3.5%$524 thousand

Where it goes

Schools and colleges94%Interest on debt4.9%Sent to other local governments0.8%

What stands out

4.9%

of Otselic Valley Central School District at Georgetown-South Otselic's spending goes to interest on debt.A typical school district with fewer than 5,000 students spends 0.9%.

Spending by category100%

Schools and colleges
94%$12.5 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$12.5 million
Interest on debt
4.9%$653 thousand
Sent to other local governments
0.8%$108 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$108 thousand
Sources and moreWhere these numbers come from and what they cover

Otselic Valley Central School District at Georgetown-South Otselic. 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 Otselic Valley Central School District at Georgetown-South Otselic 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.