School district · Hughes County, OK

Calvin School District 48's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Calvin School District 48 took in $3.8 million and spent $3.5 million.

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

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Where it comes from

School district taxes57%State tax money33%Fines and other3.8%Fees for services (school lunches)3.6%County and local tax money1.8%Federal tax money0.7%

What stands out

57%

of Calvin School District 48's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes57%

Property tax
57%$2.1 million

Fees for services3.6%

Fees for services
3.6%$135 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$104 thousand
  • School lunches$31 thousand

Amounts are by Census type of charge.

Federal tax money0.7%

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

From the federal government
0.7%$27 thousand

State tax money33%

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

From the state
33%$1.3 million

County and local tax money1.8%

Money passed on by the county or other local governments.

From the county and other local governments
1.8%$68 thousand

Fines and other3.8%

Interest, rents and other
3.8%$143 thousand

Where it goes

Schools and colleges99%Interest on debt1.4%

Spending by category100%

Schools and colleges
99%$3.4 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$3.4 million
Interest on debt
1.4%$48 thousand
Sources and moreWhere these numbers come from and what they cover

Calvin School District 48. 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 Calvin School District 48 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.