School district · Hamilton County, NY

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

In the latest recorded fiscal year (ended June 30, 2024), Wells Central School District took in $6.4 million and spent $6.6 million.

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

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Where it comes from

School district taxes68%State tax money25%Fines and other3.4%County and local tax money2.4%Fees for services (school lunches)0.2%

What stands out

68%

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

School district taxes68%

Property tax
68%$4.4 million

Fees for services0.2%

Fees for services
0.2%$16 thousand
What's in fees for servicesSchool lunches
  • School lunches$16 thousand

Amounts are by Census type of charge.

State tax money25%

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

From the state
25%$1.6 million

County and local tax money2.4%

Money passed on by the county or other local governments.

From the county and other local governments
2.4%$155 thousand

Fines and other3.4%

Interest, rents and other
3.4%$220 thousand

Where it goes

Schools and colleges92%Sent to other local governments7.7%

What stands out

7.7%

of Wells Central School District's spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.

Spending by category100%

Schools and colleges
92%$6.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$6.0 million
Sent to other local governments
7.7%$505 thousand
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$450 thousand
  • Sent to school districts$55 thousand
Sources and moreWhere these numbers come from and what they cover

Wells 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 Wells 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.