School district · Lexington County, SC

Lexington & Richland County School District 5's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Lexington & Richland County School District 5 took in $331 million and spent $299 million.

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

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Where it comes from

State tax money55%School district taxes39%Fines and other3.3%Fees for services (school lunches, school tuition and transportation)2.0%County and local tax money0.5%

What stands out

6%

of Lexington & Richland County School District 5's money comes from sales tax.Most school districts with 5,000 to 25,000 students get none.

School district taxes39%

Property tax
33%$109 million
Sales tax
6.0%$20.0 million

Fees for services2.0%

Fees for services
2.0%$6.5 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$4.8 million
  • School lunches$1.7 million
  • School tuition and transportation$2 thousand

Amounts are by Census type of charge.

State tax money55%

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

From the state
55%$182 million

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments
0.5%$1.8 million

Fines and other3.3%

Interest, rents and other
3.3%$11.0 million

Where it goes

Schools and colleges98%Interest on debt2.2%Sent to other local governments<0.1%

Spending by category100%

Schools and colleges
98%$292 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$292 million
Interest on debt
2.2%$6.7 million
Sent to other local governments
<0.1%$154 thousand
What's in sent to other local governmentsSent to the state government and sent to school districts
  • Sent to the state government$111 thousand
  • Sent to school districts$43 thousand
Sources and moreWhere these numbers come from and what they cover

Lexington & Richland County School District 5. 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 Lexington & Richland County School District 5 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.