School district · Lexington County, SC

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

In the latest recorded fiscal year (ended June 30, 2024), Lexington County School District 1 took in $487 million and spent $476 million.

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

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Where it comes from

State tax money55%School district taxes37%Fines and other3.4%Fees for services (school lunches, school tuition and transportation)2.4%County and local tax money2.1%

What stands out

8.2%

of Lexington County School District 1's money comes from sales tax.Most school districts with 25,000+ students get none.

School district taxes37%

Property tax

29%$139 million

Sales tax

8.2%$39.7 million

Fees for services2.4%

Fees for services

2.4%$11.6 million

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

Other school charges$7.7 million
School lunches$3.8 million
School tuition and transportation$129 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%$270 million

County and local tax money2.1%

Money passed on by the county or other local governments.

From the county and other local governments

2.1%$10.3 million

Fines and other3.4%

Interest, rents and other

3.4%$16.3 million

Fines

<0.1%$394 thousand

Where it goes

Schools and colleges96%Interest on debt4.4%Sent to other local governments<0.1%

Spending by category100%

Schools and colleges

96%$454 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$454 million

Interest on debt

4.4%$20.8 million

Sent to other local governments

<0.1%$273 thousand

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

Sent to the state government$273 thousand

Sources and moreWhere these numbers come from and what they cover

Lexington 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 Lexington 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.