School district · Creek County, OK

Mounds School District 5's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Mounds School District 5 took in $7.3 million and spent $7.0 million.

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

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Where it comes from

State tax money67%School district taxes25%Fees for services (school lunches, school tuition and transportation)3.1%County and local tax money2.4%Fines and other1.3%Federal tax money1.3%

What stands out

67%

of Mounds School District 5's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes25%

Property tax
25%$1.8 million
Other taxes
<0.1%$1 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$1 thousand

Amounts are by Census tax category.

Fees for services3.1%

Fees for services
3.1%$224 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$217 thousand
  • School lunches$4 thousand
  • School tuition and transportation$3 thousand

Amounts are by Census type of charge.

Federal tax money1.3%

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

From the federal government
1.3%$92 thousand

State tax money67%

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

From the state
67%$4.9 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%$179 thousand

Fines and other1.3%

Interest, rents and other
0.9%$67 thousand
Fines
0.4%$31 thousand

Where it goes

Schools and colleges99%Interest on debt0.6%

Spending by category100%

Schools and colleges
99%$7.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$7.0 million
Interest on debt
0.6%$40 thousand
Sources and moreWhere these numbers come from and what they cover

Mounds School District 5. 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 Mounds School District 5 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.