School district · Whatcom County, WA

Bellingham School District 501's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Bellingham School District 501 took in $265 million and spent $268 million.

Latest recorded year: ended August 31, 2023Comes fromGoes to

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Where it comes from

State tax money64%School district taxes32%Fines and other3.7%Fees for services (school lunches, school tuition and transportation)0.8%Federal tax money0.2%

What stands out

64%

of Bellingham School District 501's money comes from state tax money.A typical school district with 5,000 to 25,000 students gets 59%.

School district taxes32%

Property tax
32%$83.8 million

Fees for services0.8%

Fees for services
0.8%$2.2 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$1.2 million
  • School lunches$666 thousand
  • School tuition and transportation$394 thousand

Amounts are by Census type of charge.

Federal tax money0.2%

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

From the federal government
0.2%$595 thousand

State tax money64%

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

From the state
64%$169 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$34 thousand

Fines and other3.7%

Interest, rents and other
3.7%$9.9 million
Fines
<0.1%$11 thousand

Where it goes

Schools and colleges93%Interest on debt5.7%Sent to other local governments1.2%

What stands out

5.7%

of Bellingham School District 501's spending goes to interest on debt.A typical school district with 5,000 to 25,000 students spends 2.3%.

Spending by category100%

Schools and colleges
93%$250 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$250 million
Interest on debt
5.7%$15.4 million
Sent to other local governments
1.2%$3.1 million
What's in sent to other local governmentsSent to the state government
  • Sent to the state government$3.1 million
Sources and moreWhere these numbers come from and what they cover

Bellingham School District 501. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended August 31, 2023.

What this covers. The money of Bellingham School District 501 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.