School district · Venango County, PA

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

In the latest recorded fiscal year (ended June 30, 2024), Titusville Area School District took in $46.5 million and spent $48.7 million.

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

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Where it comes from

State tax money75%School district taxes19%County and local tax money4.0%Fines and other2.0%Fees for services (school lunches)0.3%

What stands out

16%

of Titusville Area School District's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes19%

Property tax
16%$7.4 million
Individual income tax
2.6%$1.2 million
Other taxes
0.5%$240 thousand
What's in other taxesOther taxes not classified elsewhere and public utility taxes
  • Other taxes not classified elsewhere$232 thousand
  • Public utility taxes$8 thousand

Amounts are by Census tax category.

Fees for services0.3%

Fees for services
0.3%$142 thousand
What's in fees for servicesSchool lunches and other school charges
  • School lunches$85 thousand
  • Other school charges$57 thousand

Amounts are by Census type of charge.

State tax money75%

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

From the state
75%$34.7 million

County and local tax money4.0%

Money passed on by the county or other local governments.

From the county and other local governments
4.0%$1.9 million

Fines and other2.0%

Interest, rents and other
2.0%$939 thousand

Where it goes

Schools and colleges95%Sent to other local governments3.2%Interest on debt1.3%

Spending by category100%

Schools and colleges
95%$46.5 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$46.5 million
Sent to other local governments
3.2%$1.6 million
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$1.6 million
  • Sent to local governments: other and not broken out$13 thousand
Interest on debt
1.3%$626 thousand
Sources and moreWhere these numbers come from and what they cover

Titusville Area 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 Titusville Area 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.