School district · Grand Isle County, VT

Folsom Education & Community Center's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Folsom Education & Community Center took in $4.5 million and spent $5.5 million.

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

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Where it comes from

State tax money95%County and local tax money2.4%Fees for services (school tuition and transportation, school lunches)1.6%Fines and other0.7%

What stands out

95%

of Folsom Education & Community Center's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

Fees for services1.6%

Fees for services
1.6%$70 thousand
What's in fees for servicesSchool tuition and transportation and school lunches
  • School tuition and transportation$63 thousand
  • School lunches$7 thousand

Amounts are by Census type of charge.

State tax money95%

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

From the state
95%$4.3 million

County and local tax money2.4%

Money passed on by the county or other local governments.

From the county and other local governments
2.4%$110 thousand

Fines and other0.7%

Interest, rents and other
0.7%$30 thousand

Where it goes

Schools and colleges71%Sent to other local governments29%

What stands out

29%

of Folsom Education & Community Center's spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.

Spending by category100%

Schools and colleges
71%$3.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$3.9 million
Sent to other local governments
29%$1.6 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$1.6 million
Sources and moreWhere these numbers come from and what they cover

Folsom Education & Community Center. 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 Folsom Education & Community Center 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.