School district · Huron County, OH
New London Local School District's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2024), New London Local School District took in $16.7 million and spent $17.9 million.
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Where it comes from
What stands out
of New London Local School District's money comes from a personal income tax.Most school districts with fewer than 5,000 students get none.
School district taxes25%
Fees for services2.6%
What's in fees for servicesOther school charges and school lunches
- Other school charges$304 thousand
- School lunches$134 thousand
Amounts are by Census type of charge.
State tax money62%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money5.0%
Money passed on by the county or other local governments.
Fines and other5.7%
Where it goes
Spending by category100%
What's in schools and collegesElementary and secondary schools
- Elementary and secondary schools$17.5 million
What's in sent to other local governmentsSent to the state government and sent to school districts
- Sent to the state government$225 thousand
- Sent to school districts$11 thousand
Sources and moreWhere these numbers come from and what they cover
New London Local 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 New London Local 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.