School district · Florence County, SC

Florence County School District 1's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Florence County School District 1 took in $276 million and spent $280 million.

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

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Where it comes from

State tax money63%School district taxes28%County and local tax money4.7%Fines and other2.7%Fees for services (school lunches, school tuition and transportation)0.8%

What stands out

4.7%

of Florence County School District 1's money comes from county and other local tax money.A typical school district with 5,000 to 25,000 students gets 1%.

School district taxes28%

Property tax

28%$78.6 million

Fees for services0.8%

Fees for services

0.8%$2.3 million

What's in fees for servicesOther school charges; school lunches and 1 more

Other school charges$2.1 million
School lunches$82 thousand
School tuition and transportation$82 thousand

Amounts are by Census type of charge.

State tax money63%

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

From the state

63%$175 million

County and local tax money4.7%

Money passed on by the county or other local governments.

From the county and other local governments

4.7%$12.9 million

Fines and other2.7%

Interest, rents and other

2.6%$7.2 million

Fines

0.1%$276 thousand

Where it goes

Schools and colleges99%Interest on debt0.6%Sent to other local governments<0.1%

Spending by category100%

Schools and colleges

99%$278 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$278 million

Interest on debt

0.6%$1.8 million

Sent to other local governments

<0.1%$208 thousand

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

Sent to the state government$208 thousand

Sources and moreWhere these numbers come from and what they cover

Florence County School District 1. 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 Florence County School District 1 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.