School district · Marshall County, OK

Madill School District 2's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Madill School District 2 took in $22.2 million and spent $22.1 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

State tax money64%School district taxes26%Fees for services (school lunches)5.1%County and local tax money2.4%Fines and other1.6%Federal tax money0.7%

What stands out

5.1%

of Madill School District 2's money comes from fees for services such as water, sewer and parking.A typical school district with fewer than 5,000 students gets 1.8%.

School district taxes26%

Property tax

26%$5.8 million

Fees for services5.1%

Fees for services

5.1%$1.1 million

What's in fees for servicesOther school charges and school lunches

Other school charges$1.1 million
School lunches$60 thousand

Amounts are by Census type of charge.

Federal tax money0.7%

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

From the federal government

0.7%$166 thousand

State tax money64%

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

From the state

64%$14.2 million

County and local tax money2.4%

Money passed on by the county or other local governments.

From the county and other local governments

2.4%$533 thousand

Fines and other1.6%

Interest, rents and other

1.6%$356 thousand

Fines

<0.1%$3 thousand

Where it goes

Schools and colleges99%Interest on debt1.1%

Spending by category100%

Schools and colleges

99%$21.9 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$21.9 million

Interest on debt

1.1%$239 thousand

Sources and moreWhere these numbers come from and what they cover

Madill School District 2. 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 Madill School District 2 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.