School district · McClain County, OK

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

In the latest recorded fiscal year (ended June 30, 2024), Newcastle School District 1 took in $32.5 million and spent $30.3 million.

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

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Where it comes from

State tax money47%School district taxes42%Fees for services (school lunches, school tuition and transportation)6.1%County and local tax money2.2%Fines and other2.0%Federal tax money0.4%

What stands out

42%

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

School district taxes42%

Property tax
42%$13.6 million
Other taxes
0.4%$125 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$125 thousand

Amounts are by Census tax category.

Fees for services6.1%

Fees for services
6.1%$2.0 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$1.3 million
  • School lunches$510 thousand
  • School tuition and transportation$173 thousand

Amounts are by Census type of charge.

Federal tax money0.4%

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

From the federal government
0.4%$124 thousand

State tax money47%

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

From the state
47%$15.4 million

County and local tax money2.2%

Money passed on by the county or other local governments.

From the county and other local governments
2.2%$713 thousand

Fines and other2.0%

Interest, rents and other
2.0%$644 thousand

Where it goes

Schools and colleges99%Interest on debt1.5%

Spending by category100%

Schools and colleges
99%$29.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$29.9 million
Interest on debt
1.5%$441 thousand
Sources and moreWhere these numbers come from and what they cover

Newcastle 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 Newcastle 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.