School district · Gibson County, TN

Milan Special School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Milan Special School District took in $29.3 million and spent $27.5 million.

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

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Where it comes from

State tax money71%School district taxes15%County and local tax money7.8%Fees for services (school lunches)4.9%Fines and other1.2%

What stands out

7.8%

of Milan Special School District's money comes from county and other local tax money.A typical school district with fewer than 5,000 students gets 1.1%.

School district taxes15%

Property tax

15%$4.4 million

Fees for services4.9%

Fees for services

4.9%$1.4 million

What's in fees for servicesOther school charges and school lunches

Other school charges$1.3 million
School lunches$127 thousand

Amounts are by Census type of charge.

State tax money71%

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

From the state

71%$20.8 million

County and local tax money7.8%

Money passed on by the county or other local governments.

From the county and other local governments

7.8%$2.3 million

Fines and other1.2%

Interest, rents and other

1.2%$346 thousand

Where it goes

Schools and colleges98%Interest on debt1.8%Sent to other local governments0.4%

Spending by category100%

Schools and colleges

98%$26.9 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$26.9 million

Interest on debt

1.8%$494 thousand

Sent to other local governments

0.4%$108 thousand

What's in sent to other local governmentsSent to school districts

Sent to school districts$108 thousand

Sources and moreWhere these numbers come from and what they cover

Milan Special 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 Milan Special 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.