School district · Lorain County, OH

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

In the latest recorded fiscal year (ended June 30, 2024), Lorain City School District took in $180 million and spent $168 million.

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

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Where it comes from

State tax money72%School district taxes14%Fines and other13%Federal tax money0.6%Fees for services (school lunches)0.3%County and local tax money0.3%

What stands out

13%

of Lorain City School 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
14%$24.9 million

Fees for services0.3%

Fees for services
0.3%$578 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$392 thousand
  • School lunches$186 thousand

Amounts are by Census type of charge.

Federal tax money0.6%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
0.6%$1.1 million

State tax money72%

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

From the state
72%$130 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%$565 thousand

Fines and other13%

Interest, rents and other
13%$22.9 million

Where it goes

Schools and colleges97%Sent to other local governments2.8%Interest on debt0.1%

Spending by category100%

Schools and colleges
97%$163 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$163 million
Sent to other local governments
2.8%$4.6 million
What's in sent to other local governmentsSent to the state government and sent to school districts
  • Sent to the state government$4.1 million
  • Sent to school districts$539 thousand
Interest on debt
0.1%$233 thousand
Sources and moreWhere these numbers come from and what they cover

Lorain City 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 Lorain City 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.