School district · Wood County, OH

Northwood Local School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Northwood Local School District took in $16.4 million and spent $15.8 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

State tax money49%School district taxes44%Fines and other3.6%Fees for services (school lunches)2.0%County and local tax money1.9%Federal tax money0.3%

What stands out

41%

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

School district taxes44%

Property tax

41%$6.7 million

Individual income tax

2.5%$408 thousand

Fees for services2.0%

Fees for services

2.0%$332 thousand

What's in fees for servicesOther school charges and school lunches

Other school charges$214 thousand
School lunches$118 thousand

Amounts are by Census type of charge.

Federal tax money0.3%

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

From the federal government

0.3%$49 thousand

State tax money49%

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

From the state

49%$8.0 million

County and local tax money1.9%

Money passed on by the county or other local governments.

From the county and other local governments

1.9%$315 thousand

Fines and other3.6%

Interest, rents and other

3.6%$595 thousand

Where it goes

Schools and colleges97%Interest on debt1.9%Sent to other local governments1.0%

Spending by category100%

Schools and colleges

97%$15.3 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$15.3 million

Interest on debt

1.9%$301 thousand

Sent to other local governments

1.0%$160 thousand

What's in sent to other local governmentsSent to the state government and sent to school districts

Sent to the state government$127 thousand
Sent to school districts$33 thousand

Sources and moreWhere these numbers come from and what they cover

Northwood 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 Northwood 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.