School district · Schenectady County, NY

Schenectady City District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Schenectady City District took in $355 million and spent $345 million.

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

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Where it comes from

State tax money73%School district taxes14%Fines and other13%County and local tax money<0.1%Fees for services (school lunches, school tuition and transportation)<0.1%

What stands out

13%

of Schenectady City District's money comes from interest, rents and other revenue.A typical school district with 5,000 to 25,000 students gets 3.7%.

School district taxes14%

Property tax
13%$47.2 million
Other taxes
0.8%$2.8 million
What's in other taxesPublic utility taxes
  • Public utility taxes$2.8 million

Amounts are by Census tax category.

Fees for services<0.1%

Fees for services
<0.1%$247 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$150 thousand
  • School lunches$88 thousand
  • School tuition and transportation$9 thousand

Amounts are by Census type of charge.

State tax money73%

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

From the state
73%$258 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%$274 thousand

Fines and other13%

Interest, rents and other
13%$46.0 million

Where it goes

Schools and colleges96%Sent to other local governments3.1%Interest on debt1.4%

Spending by category100%

Schools and colleges
96%$329 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$329 million
Sent to other local governments
3.1%$10.5 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$9.7 million
  • Sent to school districts$839 thousand
Interest on debt
1.4%$4.9 million
Sources and moreWhere these numbers come from and what they cover

Schenectady City 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 Schenectady City 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.