School district · Lexington County, SC

Lexington County School District 2's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Lexington County School District 2 took in $168 million and spent $163 million.

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

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Where it comes from

State tax money54%School district taxes37%Fines and other4.2%County and local tax money3.7%Fees for services (school lunches, school tuition and transportation)1.4%

What stands out

37%

of Lexington County School District 2's money comes from property tax.A typical school district with 5,000 to 25,000 students gets 29%.

School district taxes37%

Property tax
37%$61.8 million

Fees for services1.4%

Fees for services
1.4%$2.3 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$2.1 million
  • School lunches$134 thousand
  • School tuition and transportation$29 thousand

Amounts are by Census type of charge.

State tax money54%

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

From the state
54%$90.8 million

County and local tax money3.7%

Money passed on by the county or other local governments.

From the county and other local governments
3.7%$6.2 million

Fines and other4.2%

Interest, rents and other
4.2%$7.1 million

Where it goes

Schools and colleges95%Interest on debt5.1%Sent to other local governments<0.1%

Spending by category100%

Schools and colleges
95%$155 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$155 million
Interest on debt
5.1%$8.3 million
Sent to other local governments
<0.1%$118 thousand
What's in sent to other local governmentsSent to the state government and sent to school districts
  • Sent to the state government$108 thousand
  • Sent to school districts$10 thousand
Sources and moreWhere these numbers come from and what they cover

Lexington County School District 2. 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 2 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.