School district · Utah County, UT

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

In the latest recorded fiscal year (ended June 30, 2024), Nebo School District took in $549 million and spent $591 million.

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

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Where it comes from

State tax money65%School district taxes27%Fines and other6.3%Fees for services (school lunches, school tuition and transportation)1.9%Federal tax money0.6%

What stands out

65%

of Nebo School District's money comes from state tax money.A typical school district with 25,000+ students gets 55%.

School district taxes27%

Property tax
27%$145 million

Fees for services1.9%

Fees for services
1.9%$10.3 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$4.6 million
  • School lunches$3.9 million
  • School tuition and transportation$1.8 million

Amounts are by Census type of charge.

Federal tax money0.6%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
0.6%$3.3 million

State tax money65%

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

From the state
65%$355 million

Fines and other6.3%

Interest, rents and other
6.3%$34.8 million

Where it goes

Schools and colleges97%Interest on debt3.0%

Spending by category100%

Schools and colleges
97%$573 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$573 million
Interest on debt
3.0%$17.6 million
Sent to other local governments
<0.1%$274 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$258 thousand
  • Sent to the state government$16 thousand
Sources and moreWhere these numbers come from and what they cover

Nebo 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 Nebo 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.