School district · Coal County, OK

Coalgate School District 1's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Coalgate School District 1 took in $12.4 million and spent $11.5 million.

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

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Where it comes from

School district taxes49%State tax money43%County and local tax money3.8%Fees for services (school lunches)3.1%Federal tax money0.8%Fines and other0.8%

What stands out

49%

of Coalgate School District 1's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes49%

Property tax
49%$6.0 million

Fees for services3.1%

Fees for services
3.1%$388 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$337 thousand
  • School lunches$51 thousand

Amounts are by Census type of charge.

Federal tax money0.8%

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

From the federal government
0.8%$97 thousand

State tax money43%

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

From the state
43%$5.3 million

County and local tax money3.8%

Money passed on by the county or other local governments.

From the county and other local governments
3.8%$475 thousand

Fines and other0.8%

Interest, rents and other
0.8%$94 thousand

Where it goes

Schools and colleges94%Interest on debt6.3%

What stands out

6.3%

of Coalgate School District 1'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
94%$10.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$10.8 million
Interest on debt
6.3%$728 thousand
Sources and moreWhere these numbers come from and what they cover

Coalgate School District 1. 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 Coalgate School District 1 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.