School district · Spartanburg County, SC

Spartanburg County School District 5's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Spartanburg County School District 5 took in $193 million and spent $257 million.

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

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Where it comes from

State tax money48%School district taxes30%County and local tax money16%Fines and other4.0%Fees for services (school lunches, school tuition and transportation)1.7%

What stands out

16%

of Spartanburg County School District 5'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 taxes30%

Property tax
28%$54.4 million
Sales tax
1.9%$3.6 million

Fees for services1.7%

Fees for services
1.7%$3.2 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$2.8 million
  • School lunches$396 thousand
  • 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%$93.0 million

County and local tax money16%

Money passed on by the county or other local governments.

From the county and other local governments
16%$31.4 million

Fines and other4.0%

Interest, rents and other
4.0%$7.7 million

Where it goes

Schools and colleges96%Interest on debt3.4%Sent to other local governments0.2%

Spending by category100%

Schools and colleges
96%$248 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$248 million
Interest on debt
3.4%$8.7 million
Sent to other local governments
0.2%$509 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$418 thousand
  • Sent to the state government$91 thousand
Sources and moreWhere these numbers come from and what they cover

Spartanburg 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 Spartanburg 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.