School district · Bucks County, PA

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

In the latest recorded fiscal year (ended June 30, 2024), Centennial School District took in $150 million and spent $142 million.

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

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Where it comes from

School district taxes65%State tax money30%Fines and other2.9%County and local tax money0.9%Fees for services (school lunches)0.8%

What stands out

58%

of Centennial School District's money comes from property tax.A typical school district with 5,000 to 25,000 students gets 29%.

School district taxes65%

Property tax
58%$86.4 million
Individual income tax
5.1%$7.7 million
Other taxes
1.9%$2.9 million
What's in other taxesOther taxes not classified elsewhere and public utility taxes
  • Other taxes not classified elsewhere$2.8 million
  • Public utility taxes$84 thousand

Amounts are by Census tax category.

Sales tax
0.8%$1.3 million

Fees for services0.8%

Fees for services
0.8%$1.3 million
What's in fees for servicesSchool lunches and other school charges
  • School lunches$994 thousand
  • Other school charges$275 thousand

Amounts are by Census type of charge.

State tax money30%

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

From the state
30%$44.9 million

County and local tax money0.9%

Money passed on by the county or other local governments.

From the county and other local governments
0.9%$1.3 million

Fines and other2.9%

Interest, rents and other
2.9%$4.4 million

Where it goes

Schools and colleges89%Sent to other local governments7.4%Interest on debt3.8%

What stands out

7.4%

of Centennial School District's spending goes to local governments.Most school districts with 5,000 to 25,000 students spend nothing on this.

Spending by category100%

Schools and colleges
89%$126 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$126 million
Sent to other local governments
7.4%$10.4 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$10.4 million
Interest on debt
3.8%$5.4 million
Sources and moreWhere these numbers come from and what they cover

Centennial School District. 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 Centennial School District 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.