School district · Broome County, NY

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

In the latest recorded fiscal year (ended June 30, 2024), Vestal Central School District took in $95.1 million and spent $92.4 million.

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

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Where it comes from

School district taxes50%State tax money45%Fines and other5.0%Fees for services (school lunches, school tuition and transportation)0.5%County and local tax money0.2%

What stands out

50%

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

School district taxes50%

Property tax
50%$47.1 million

Fees for services0.5%

Fees for services
0.5%$512 thousand
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$234 thousand
  • Other school charges$174 thousand
  • School tuition and transportation$104 thousand

Amounts are by Census type of charge.

State tax money45%

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

From the state
45%$42.5 million

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments
0.2%$214 thousand

Fines and other5.0%

Interest, rents and other
5.0%$4.8 million

Where it goes

Schools and colleges97%Interest on debt1.5%Sent to other local governments1.1%

Spending by category100%

Schools and colleges
97%$90.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$90.0 million
Interest on debt
1.5%$1.4 million
Sent to other local governments
1.1%$1.0 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$1.0 million
  • Sent to school districts$34 thousand
Sources and moreWhere these numbers come from and what they cover

Vestal 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 Vestal 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.