School district · Whatcom County, WA

Meridian School District 505's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Meridian School District 505 took in $33.8 million and spent $33.2 million.

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

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Where it comes from

State tax money77%School district taxes20%Fines and other1.4%Fees for services (school lunches, school tuition and transportation)1.4%County and local tax money0.2%

What stands out

77%

of Meridian School District 505's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes20%

Property tax
20%$6.7 million

Fees for services1.4%

Fees for services
1.4%$468 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$345 thousand
  • School lunches$122 thousand
  • School tuition and transportation$1 thousand

Amounts are by Census type of charge.

State tax money77%

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

From the state
77%$26.1 million

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments
0.2%$52 thousand

Fines and other1.4%

Interest, rents and other
1.4%$479 thousand

Where it goes

Schools and colleges97%Sent to other local governments2.0%Interest on debt1.1%

Spending by category100%

Schools and colleges
97%$32.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$32.1 million
Sent to other local governments
2.0%$656 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$656 thousand
Interest on debt
1.1%$380 thousand
Sources and moreWhere these numbers come from and what they cover

Meridian School District 505. 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 Meridian School District 505 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.