School district · McClain County, OK

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

In the latest recorded fiscal year (ended June 30, 2024), Washington School District 5 took in $14.5 million and spent $15.4 million.

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

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Where it comes from

State tax money55%School district taxes28%Fines and other8.5%Fees for services (school lunches)5.5%County and local tax money2.3%Federal tax money0.2%

What stands out

8.5%

of Washington School District 5's money comes from interest, rents and other revenue.A typical school district with fewer than 5,000 students gets 3.2%.

School district taxes28%

Property tax
28%$4.1 million

Fees for services5.5%

Fees for services
5.5%$796 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$584 thousand
  • School lunches$212 thousand

Amounts are by Census type of charge.

Federal tax money0.2%

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

From the federal government
0.2%$26 thousand

State tax money55%

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

From the state
55%$8.0 million

County and local tax money2.3%

Money passed on by the county or other local governments.

From the county and other local governments
2.3%$331 thousand

Fines and other8.5%

Interest, rents and other
8.5%$1.2 million

Where it goes

Schools and colleges90%Interest on debt9.6%

What stands out

10%

of Washington School District 5's spending goes to interest on debt.A typical school district with fewer than 5,000 students spends 0.9%.

Spending by category100%

Schools and colleges
90%$13.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$13.9 million
Interest on debt
9.6%$1.5 million
Sources and moreWhere these numbers come from and what they cover

Washington 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 Washington 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.