School district · Whatcom County, WA

Mount Baker School District 507's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Mount Baker School District 507 took in $35.7 million and spent $35.2 million.

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

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Where it comes from

State tax money77%School district taxes19%Fines and other2.6%Federal tax money1.2%Fees for services (school lunches, school tuition and transportation)0.5%County and local tax money0.4%

What stands out

77%

of Mount Baker School District 507's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes19%

Property tax
19%$6.6 million

Fees for services0.5%

Fees for services
0.5%$174 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$166 thousand
  • School lunches$4 thousand
  • School tuition and transportation$4 thousand

Amounts are by Census type of charge.

Federal tax money1.2%

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

From the federal government
1.2%$438 thousand

State tax money77%

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

From the state
77%$27.4 million

County and local tax money0.4%

Money passed on by the county or other local governments.

From the county and other local governments
0.4%$132 thousand

Fines and other2.6%

Interest, rents and other
2.6%$938 thousand
Fines
<0.1%$1 thousand

Where it goes

Schools and colleges98%Sent to other local governments2.2%Interest on debt<0.1%

Spending by category100%

Schools and colleges
98%$34.3 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$34.3 million
Sent to other local governments
2.2%$781 thousand
What's in sent to other local governmentsSent to the state government and sent to school districts
  • Sent to the state government$504 thousand
  • Sent to school districts$277 thousand
Interest on debt
<0.1%$31 thousand
Sources and moreWhere these numbers come from and what they cover

Mount Baker School District 507. 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 Mount Baker School District 507 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.