School district · Lucas County, OH

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

In the latest recorded fiscal year (ended June 30, 2024), Toledo City School District took in $489 million and spent $508 million.

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

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Where it comes from

State tax money67%School district taxes24%Federal tax money2.9%Fines and other2.7%Fees for services (school lunches, school tuition and transportation)2.6%County and local tax money0.2%

What stands out

67%

of Toledo City School District's money comes from state tax money.A typical school district with 5,000 to 25,000 students gets 59%.

School district taxes24%

Property tax
24%$117 million
Other taxes
0.3%$1.4 million
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$1.4 million

Amounts are by Census tax category.

Fees for services2.6%

Fees for services
2.6%$12.7 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$12.3 million
  • School lunches$434 thousand
  • School tuition and transportation$8 thousand

Amounts are by Census type of charge.

Federal tax money2.9%

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

From the federal government
2.9%$13.9 million

State tax money67%

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

From the state
67%$329 million

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments
0.2%$1.0 million

Fines and other2.7%

Interest, rents and other
2.7%$13.0 million
Fines
<0.1%$2 thousand

Where it goes

Schools and colleges98%Sent to other local governments0.9%Interest on debt0.7%

Spending by category100%

Schools and colleges
98%$500 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$500 million
Sent to other local governments
0.9%$4.4 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$2.2 million
  • Sent to the state government$2.2 million
Interest on debt
0.7%$3.6 million
Sources and moreWhere these numbers come from and what they cover

Toledo 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 Toledo 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.