School district · Lackawanna County, PA

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

In the latest recorded fiscal year (ended June 30, 2024), Riverside School District took in $31.6 million and spent $28.1 million.

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

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Where it comes from

School district taxes52%State tax money44%County and local tax money2.4%Federal tax money1.2%Fines and other0.6%

What stands out

5.9%

of Riverside School District's money comes from a personal income tax.Most school districts with fewer than 5,000 students get none.

School district taxes52%

Property tax
44%$14.0 million
Individual income tax
5.9%$1.9 million
Other taxes
1.7%$544 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$544 thousand

Amounts are by Census tax category.

Fees for services<0.1%

Fees for services
<0.1%$2 thousand
What's in fees for servicesOther school charges
  • Other school charges$2 thousand

Amounts are by Census type of charge.

Federal tax money1.2%

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

From the federal government
1.2%$389 thousand

State tax money44%

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

From the state
44%$13.9 million

County and local tax money2.4%

Money passed on by the county or other local governments.

From the county and other local governments
2.4%$752 thousand

Fines and other0.6%

Interest, rents and other
0.6%$177 thousand

Where it goes

Schools and colleges97%Sent to other local governments2.8%

Spending by category100%

Schools and colleges
97%$27.4 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$27.4 million
Sent to other local governments
2.8%$800 thousand
What's in sent to other local governmentsSent to school districts and sent to local governments: other and not broken out
  • Sent to school districts$790 thousand
  • Sent to local governments: other and not broken out$10 thousand
Sources and moreWhere these numbers come from and what they cover

Riverside 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 Riverside 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.