School district · Love County, OK

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

In the latest recorded fiscal year (ended June 30, 2024), Turner School District 5 took in $4.9 million and spent $5.8 million.

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

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Where it comes from

State tax money61%School district taxes29%Fees for services (school lunches)5.0%County and local tax money2.2%Fines and other2.2%Federal tax money0.9%

What stands out

5%

of Turner School District 5'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 taxes29%

Property tax
29%$1.4 million

Fees for services5.0%

Fees for services
5.0%$244 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$233 thousand
  • School lunches$11 thousand

Amounts are by Census type of charge.

Federal tax money0.9%

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

From the federal government
0.9%$42 thousand

State tax money61%

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

From the state
61%$3.0 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%$108 thousand

Fines and other2.2%

Interest, rents and other
2.2%$106 thousand

Where it goes

Schools and colleges92%Sent to other local governments8.0%Interest on debt<0.1%

What stands out

8%

of Turner School District 5's spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.

Spending by category100%

Schools and colleges
92%$5.4 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$5.4 million
Sent to other local governments
8.0%$465 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$465 thousand
Interest on debt
<0.1%$5 thousand
Sources and moreWhere these numbers come from and what they cover

Turner 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 Turner 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.