School district · Montgomery County, PA

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

In the latest recorded fiscal year (ended June 30, 2024), Colonial School District took in $161 million and spent $161 million.

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

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Where it comes from

School district taxes74%State tax money19%Fines and other3.9%County and local tax money2.2%Fees for services (school lunches, school tuition and transportation)1.4%Federal tax money<0.1%

What stands out

65%

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

School district taxes74%

Property tax
65%$104 million
Individual income tax
7.6%$12.3 million
Other taxes
1.3%$2.1 million
What's in other taxesOther taxes not classified elsewhere and public utility taxes
  • Other taxes not classified elsewhere$2.0 million
  • Public utility taxes$104 thousand

Amounts are by Census tax category.

Sales tax
0.3%$535 thousand

Fees for services1.4%

Fees for services
1.4%$2.3 million
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$1.7 million
  • Other school charges$536 thousand
  • School tuition and transportation$48 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$87 thousand

State tax money19%

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

From the state
19%$29.9 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%$3.6 million

Fines and other3.9%

Interest, rents and other
3.9%$6.2 million

Where it goes

Schools and colleges92%Interest on debt3.8%Sent to other local governments3.7%

What stands out

3.7%

of Colonial 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
92%$149 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$149 million
Interest on debt
3.8%$6.1 million
Sent to other local governments
3.7%$6.0 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$6.0 million
Sources and moreWhere these numbers come from and what they cover

Colonial 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 Colonial 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.