School district · Summit County, OH

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

In the latest recorded fiscal year (ended June 30, 2024), Tallmadge City School District took in $43.1 million and spent $42.9 million.

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

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Where it comes from

School district taxes55%State tax money39%Fees for services (school lunches)3.5%Fines and other2.2%County and local tax money0.5%

What stands out

55%

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

School district taxes55%

Property tax
55%$23.6 million
Other taxes
0.2%$91 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$91 thousand

Amounts are by Census tax category.

Fees for services3.5%

Fees for services
3.5%$1.5 million
What's in fees for servicesOther school charges and school lunches
  • Other school charges$824 thousand
  • School lunches$691 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$3 thousand

State tax money39%

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

From the state
39%$16.7 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%$230 thousand

Fines and other2.2%

Interest, rents and other
2.2%$959 thousand

Where it goes

Schools and colleges91%Interest on debt5.4%Sent to other local governments4.0%

What stands out

5.4%

of Tallmadge City School District's spending goes to interest on debt.A typical school district with fewer than 5,000 students spends 0.9%.

Spending by category100%

Schools and colleges
91%$38.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$38.9 million
Interest on debt
5.4%$2.3 million
Sent to other local governments
4.0%$1.7 million
What's in sent to other local governmentsSent to the state government and sent to school districts
  • Sent to the state government$982 thousand
  • Sent to school districts$735 thousand
Sources and moreWhere these numbers come from and what they cover

Tallmadge 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 Tallmadge 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.