School district · Beaver County, OK

Forgan School District 123's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Forgan School District 123 took in $2.7 million and spent $2.4 million.

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

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Where it comes from

School district taxes53%State tax money27%Fines and other11%Fees for services (school lunches)4.9%County and local tax money3.8%Federal tax money0.4%

What stands out

10%

of Forgan School District 123's money comes from fines.Most school districts with fewer than 5,000 students get none.

School district taxes53%

Property tax
53%$1.5 million

Fees for services4.9%

Fees for services
4.9%$134 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$109 thousand
  • School lunches$25 thousand

Amounts are by Census type of charge.

Federal tax money0.4%

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

From the federal government
0.4%$11 thousand

State tax money27%

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

From the state
27%$741 thousand

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%$103 thousand

Fines and other11%

Fines
9.8%$267 thousand
Interest, rents and other
0.9%$25 thousand

Where it goes

Schools and colleges100%

What stands out

100%

of Forgan School District 123'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%$2.4 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$2.4 million
Sent to other local governments
<0.1%$1 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$1 thousand
Sources and moreWhere these numbers come from and what they cover

Forgan School District 123. 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 Forgan School District 123 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.