School district · Pontotoc County, OK

Latta School District 24's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Latta School District 24 took in $12.7 million and spent $12.5 million.

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

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Where it comes from

State tax money55%School district taxes28%Federal tax money6.4%Fees for services (school lunches, school tuition and transportation)4.7%Fines and other4.0%County and local tax money1.8%

What stands out

6.4%

of Latta School District 24's money comes from federal tax money.Most school districts with fewer than 5,000 students get none.

School district taxes28%

Property tax
28%$3.5 million
Other taxes
0.2%$23 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$23 thousand

Amounts are by Census tax category.

Fees for services4.7%

Fees for services
4.7%$593 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$509 thousand
  • School lunches$81 thousand
  • School tuition and transportation$3 thousand

Amounts are by Census type of charge.

Federal tax money6.4%

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

From the federal government
6.4%$806 thousand

State tax money55%

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

From the state
55%$7.0 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%$232 thousand

Fines and other4.0%

Interest, rents and other
3.9%$498 thousand
Fines
<0.1%$9 thousand

Where it goes

Schools and colleges99%Interest on debt1.2%

Spending by category100%

Schools and colleges
99%$12.4 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$12.4 million
Interest on debt
1.2%$144 thousand
Sources and moreWhere these numbers come from and what they cover

Latta School District 24. 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 Latta School District 24 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.