School district · Otsego County, NY

Richfield Sprgs Central School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Richfield Sprgs Central School District took in $14.1 million and spent $13.6 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

State tax money71%School district taxes25%Fines and other3.6%County and local tax money0.3%Fees for services (school tuition and transportation)0.1%

What stands out

71%

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

School district taxes25%

Property tax

25%$3.5 million

Fees for services0.1%

Fees for services

0.1%$16 thousand

What's in fees for servicesSchool tuition and transportation and other school charges

School tuition and transportation$8 thousand
Other school charges$8 thousand

Amounts are by Census type of charge.

State tax money71%

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

From the state

71%$10.0 million

County and local tax money0.3%

Money passed on by the county or other local governments.

From the county and other local governments

0.3%$40 thousand

Fines and other3.6%

Interest, rents and other

3.6%$513 thousand

Where it goes

Schools and colleges97%Sent to other local governments1.4%Interest on debt1.3%

Spending by category100%

Schools and colleges

97%$13.3 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$13.3 million

Sent to other local governments

1.4%$195 thousand

What's in sent to other local governmentsSent to school districts

Sent to school districts$195 thousand

Interest on debt

1.3%$172 thousand

Sources and moreWhere these numbers come from and what they cover

Richfield Sprgs 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 Richfield Sprgs 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.