School district · Linn County, OR

Sweet Home School District 55's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Sweet Home School District 55 took in $39.0 million and spent $37.0 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

State tax money73%School district taxes20%Fines and other5.9%County and local tax money0.3%Fees for services (school lunches)0.2%

What stands out

73%

of Sweet Home School District 55's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes20%

Property tax

20%$7.9 million

Fees for services0.2%

Fees for services

0.2%$97 thousand

What's in fees for servicesOther school charges and school lunches

Other school charges$77 thousand
School lunches$20 thousand

Amounts are by Census type of charge.

State tax money73%

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

From the state

73%$28.6 million

County and local tax money0.3%

Money passed on by the county or other local governments.

From the county and other local governments

0.3%$115 thousand

Fines and other5.9%

Interest, rents and other

5.9%$2.3 million

Where it goes

Schools and colleges98%Interest on debt2.2%

Spending by category100%

Schools and colleges

98%$36.1 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$36.1 million

Interest on debt

2.2%$820 thousand

Sent to other local governments

<0.1%$3 thousand

What's in sent to other local governmentsSent to the state government

Sent to the state government$3 thousand

Sources and moreWhere these numbers come from and what they cover

Sweet Home School District 55. 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 Sweet Home School District 55 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.