School district · Stephens County, OK

Velma-Alma School District #15's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Velma-Alma School District #15 took in $6.5 million and spent $6.7 million.

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

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Where it comes from

State tax money44%School district taxes43%Fees for services (school lunches)8.1%County and local tax money2.0%Fines and other1.6%Federal tax money0.9%

What stands out

8.1%

of Velma-Alma School District #15'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 taxes43%

Property tax
43%$2.8 million

Fees for services8.1%

Fees for services
8.1%$526 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$505 thousand
  • School lunches$21 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%$58 thousand

State tax money44%

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

From the state
44%$2.8 million

County and local tax money2.0%

Money passed on by the county or other local governments.

From the county and other local governments
2.0%$132 thousand

Fines and other1.6%

Interest, rents and other
1.6%$102 thousand

Where it goes

Schools and colleges100%Interest on debt0.4%

Spending by category100%

Schools and colleges
100%$6.7 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$6.7 million
Interest on debt
0.4%$29 thousand
Sources and moreWhere these numbers come from and what they cover

Velma-Alma School District #15. 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 Velma-Alma School District #15 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.