School district · Jackson County, OK

Altus School District 18's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Altus School District 18 took in $45.6 million and spent $41.7 million.

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

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Where it comes from

State tax money76%School district taxes14%Federal tax money3.7%Fees for services (school tuition and transportation, school lunches)2.9%Fines and other2.3%County and local tax money1.4%

What stands out

3.7%

of Altus School District 18's money comes from federal tax money.Most school districts with fewer than 5,000 students get none.

School district taxes14%

Property tax

14%$6.4 million

Other taxes

<0.1%$7 thousand

What's in other taxesOther taxes not classified elsewhere

Other taxes not classified elsewhere$7 thousand

Amounts are by Census tax category.

Fees for services2.9%

Fees for services

2.9%$1.3 million

What's in fees for servicesOther school charges; school tuition and transportation and 1 more

Other school charges$1.1 million
School tuition and transportation$147 thousand
School lunches$123 thousand

Amounts are by Census type of charge.

Federal tax money3.7%

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

From the federal government

3.7%$1.7 million

State tax money76%

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

From the state

76%$34.4 million

County and local tax money1.4%

Money passed on by the county or other local governments.

From the county and other local governments

1.4%$654 thousand

Fines and other2.3%

Interest, rents and other

1.8%$833 thousand

Fines

0.5%$230 thousand

Where it goes

Schools and colleges100%Interest on debt<0.1%

What stands out

100%

of Altus School District 18's spending goes to schools and colleges.A typical school district with fewer than 5,000 students spends 97%.

Spending by category100%

Schools and colleges

100%$41.7 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$41.7 million

Interest on debt

<0.1%$30 thousand

Sources and moreWhere these numbers come from and what they cover

Altus School District 18. 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 Altus School District 18 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.