School district · Licking County, OH

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

In the latest recorded fiscal year (ended June 30, 2024), Newark City School District took in $121 million and spent $115 million.

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

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Where it comes from

State tax money57%School district taxes37%Fines and other4.5%Fees for services (school lunches, school tuition and transportation)1.3%County and local tax money0.6%

What stands out

10%

of Newark City School District's money comes from a personal income tax.Most school districts with 5,000 to 25,000 students get none.

School district taxes37%

Property tax
26%$31.9 million
Individual income tax
10%$12.6 million

Fees for services1.3%

Fees for services
1.3%$1.6 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$1.3 million
  • School lunches$258 thousand
  • School tuition and transportation$10 thousand

Amounts are by Census type of charge.

State tax money57%

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

From the state
57%$69.2 million

County and local tax money0.6%

Money passed on by the county or other local governments.

From the county and other local governments
0.6%$768 thousand

Fines and other4.5%

Interest, rents and other
4.5%$5.5 million
Fines
<0.1%$1 thousand

Where it goes

Schools and colleges96%Sent to other local governments2.2%Interest on debt1.3%

Spending by category100%

Schools and colleges
96%$111 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$111 million
Sent to other local governments
2.2%$2.6 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$1.6 million
  • Sent to the state government$994 thousand
Interest on debt
1.3%$1.5 million
Sources and moreWhere these numbers come from and what they cover

Newark 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 Newark 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.