School district · Caddo County, OK

Gracemont School District 86's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Gracemont School District 86 took in $2.3 million and spent $2.2 million.

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

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Where it comes from

State tax money58%Federal tax money22%School district taxes13%Fees for services (school lunches)4.1%County and local tax money1.3%Fines and other1.1%

What stands out

22%

of Gracemont School District 86's money comes from federal tax money.Most school districts with fewer than 5,000 students get none.

School district taxes13%

Property tax
13%$313 thousand

Fees for services4.1%

Fees for services
4.1%$95 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$91 thousand
  • School lunches$4 thousand

Amounts are by Census type of charge.

Federal tax money22%

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

From the federal government
22%$523 thousand

State tax money58%

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

From the state
58%$1.3 million

County and local tax money1.3%

Money passed on by the county or other local governments.

From the county and other local governments
1.3%$31 thousand

Fines and other1.1%

Interest, rents and other
1.1%$26 thousand

Where it goes

Schools and colleges100%Interest on debt0.5%

Spending by category100%

Schools and colleges
100%$2.2 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$2.2 million
Interest on debt
0.5%$11 thousand
Sources and moreWhere these numbers come from and what they cover

Gracemont School District 86. 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 Gracemont School District 86 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.