School district · Mahoning County, OH

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

In the latest recorded fiscal year (ended June 30, 2024), Springfield Local School District took in $16.0 million and spent $16.9 million.

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

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Where it comes from

School district taxes53%State tax money40%Fees for services (school lunches)3.5%Fines and other2.9%County and local tax money0.5%

What stands out

17%

of Springfield Local School District's money comes from a personal income tax.Most school districts with fewer than 5,000 students get none.

School district taxes53%

Property tax
36%$5.7 million
Individual income tax
17%$2.8 million

Fees for services3.5%

Fees for services
3.5%$553 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$332 thousand
  • School lunches$221 thousand

Amounts are by Census type of charge.

State tax money40%

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

From the state
40%$6.4 million

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments
0.5%$72 thousand

Fines and other2.9%

Interest, rents and other
2.9%$469 thousand

Where it goes

Schools and colleges94%Sent to other local governments5.0%Interest on debt1.4%

What stands out

5%

of Springfield Local 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
94%$15.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$15.8 million
Sent to other local governments
5.0%$846 thousand
What's in sent to other local governmentsSent to the state government and sent to school districts
  • Sent to the state government$781 thousand
  • Sent to school districts$65 thousand
Interest on debt
1.4%$237 thousand
Sources and moreWhere these numbers come from and what they cover

Springfield 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 Springfield 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.