School district · Horry County, SC

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

In the latest recorded fiscal year (ended June 30, 2024), Horry County School District took in $881 million and spent $823 million.

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

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Where it comes from

State tax money48%School district taxes45%Fines and other3.7%County and local tax money1.8%Fees for services (school lunches, school tuition and transportation)1.2%

What stands out

11%

of Horry County School District's money comes from sales tax.Most school districts with 25,000+ students get none.

School district taxes45%

Property tax

33%$295 million

Sales tax

11%$101 million

Fees for services1.2%

Fees for services

1.2%$10.9 million

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

Other school charges$9.2 million
School lunches$1.7 million
School tuition and transportation$41 thousand

Amounts are by Census type of charge.

State tax money48%

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

From the state

48%$425 million

County and local tax money1.8%

Money passed on by the county or other local governments.

From the county and other local governments

1.8%$16.3 million

Fines and other3.7%

Interest, rents and other

3.6%$31.6 million

Fines

0.1%$989 thousand

Where it goes

Schools and colleges99%Interest on debt1.1%Sent to other local governments0.1%

Spending by category100%

Schools and colleges

99%$814 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$814 million

Interest on debt

1.1%$8.8 million

Sent to other local governments

0.1%$948 thousand

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

Sent to the state government$787 thousand
Sent to school districts$161 thousand

Sources and moreWhere these numbers come from and what they cover

Horry County 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 Horry County 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.