School district · Texas County, OK

Goodwell School District 60's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Goodwell School District 60 took in $4.6 million and spent $4.3 million.

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

See every government that serves your ZIP

Where it comes from

School district taxes68%State tax money27%Fees for services (school lunches)3.4%County and local tax money1.6%Fines and other0.2%

What stands out

68%

of Goodwell School District 60's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes68%

Property tax
68%$3.1 million

Fees for services3.4%

Fees for services
3.4%$158 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$136 thousand
  • School lunches$22 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$1 thousand

State tax money27%

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

From the state
27%$1.2 million

County and local tax money1.6%

Money passed on by the county or other local governments.

From the county and other local governments
1.6%$73 thousand

Fines and other0.2%

Interest, rents and other
0.2%$11 thousand

Where it goes

Schools and colleges74%Interest on debt26%

What stands out

26%

of Goodwell School District 60'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
74%$3.2 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$3.2 million
Interest on debt
26%$1.1 million
Sources and moreWhere these numbers come from and what they cover

Goodwell School District 60. 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 Goodwell School District 60 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.