School district · Pontotoc County, OK

Byng School District 16's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Byng School District 16 took in $21.2 million and spent $19.7 million.

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

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Where it comes from

State tax money68%School district taxes17%Federal tax money5.4%Fees for services (school lunches, school tuition and transportation)4.0%Fines and other3.1%County and local tax money2.2%

What stands out

5.4%

of Byng School District 16's money comes from federal tax money.Most school districts with fewer than 5,000 students get none.

School district taxes17%

Property tax
17%$3.6 million
Other taxes
0.2%$39 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$39 thousand

Amounts are by Census tax category.

Fees for services4.0%

Fees for services
4.0%$850 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$493 thousand
  • School lunches$220 thousand
  • School tuition and transportation$137 thousand

Amounts are by Census type of charge.

Federal tax money5.4%

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

From the federal government
5.4%$1.2 million

State tax money68%

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

From the state
68%$14.4 million

County and local tax money2.2%

Money passed on by the county or other local governments.

From the county and other local governments
2.2%$475 thousand

Fines and other3.1%

Interest, rents and other
3.1%$653 thousand

Where it goes

Schools and colleges100%Sent to other local governments0.2%Interest on debt<0.1%

What stands out

100%

of Byng School District 16'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%$19.7 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$19.7 million
Sent to other local governments
0.2%$39 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$39 thousand
Interest on debt
<0.1%$19 thousand
Sources and moreWhere these numbers come from and what they cover

Byng School District 16. 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 Byng School District 16 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.