School district · Sequoyah County, OK

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

In the latest recorded fiscal year (ended June 30, 2024), Liberty School District 1 took in $4.7 million and spent $4.2 million.

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

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Where it comes from

State tax money81%School district taxes10%Fines and other4.9%County and local tax money1.6%Federal tax money1.5%Fees for services (school lunches)1.1%

What stands out

10%

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

School district taxes10%

Property tax
10%$484 thousand

Fees for services1.1%

Fees for services
1.1%$54 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$48 thousand
  • School lunches$6 thousand

Amounts are by Census type of charge.

Federal tax money1.5%

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

From the federal government
1.5%$73 thousand

State tax money81%

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

From the state
81%$3.8 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%$76 thousand

Fines and other4.9%

Interest, rents and other
4.9%$229 thousand

Where it goes

Schools and colleges100%

What stands out

100%

of Liberty School District 1'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%$4.2 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$4.2 million
Sources and moreWhere these numbers come from and what they cover

Liberty 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 Liberty 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.