School district · Spokane County, WA

Liberty School District 362's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Liberty School District 362 took in $12.3 million and spent $11.3 million.

Latest recorded year: ended August 31, 2023Comes from Goes to

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Where it comes from

State tax money72%School district taxes22%Fines and other4.4%Fees for services (school lunches)1.3%

What stands out

72%

of Liberty School District 362's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes22%

Property tax

22%$2.8 million

Fees for services1.3%

Fees for services

1.3%$160 thousand

What's in fees for servicesSchool lunches and other school charges

School lunches$112 thousand
Other school charges$48 thousand

Amounts are by Census type of charge.

State tax money72%

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

From the state

72%$8.9 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%$4 thousand

Fines and other4.4%

Interest, rents and other

4.4%$543 thousand

Fines

<0.1%$2 thousand

Where it goes

Schools and colleges96%Interest on debt2.5%Sent to other local governments1.9%

Spending by category100%

Schools and colleges

96%$10.8 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$10.8 million

Interest on debt

2.5%$287 thousand

Sent to other local governments

1.9%$217 thousand

What's in sent to other local governmentsSent to the state government

Sent to the state government$217 thousand

Sources and moreWhere these numbers come from and what they cover

Liberty School District 362. 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 Liberty School District 362 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.