School district · Skagit County, WA

Mt. Vernon School District 320's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Mt. Vernon School District 320 took in $156 million and spent $154 million.

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

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Where it comes from

State tax money76%School district taxes18%Fines and other4.8%Fees for services (school tuition and transportation, school lunches)0.6%Federal tax money0.5%County and local tax money0.1%

What stands out

76%

of Mt. Vernon School District 320's money comes from state tax money.A typical school district with 5,000 to 25,000 students gets 59%.

School district taxes18%

Property tax
18%$27.7 million

Fees for services0.6%

Fees for services
0.6%$924 thousand
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$726 thousand
  • School tuition and transportation$120 thousand
  • School lunches$78 thousand

Amounts are by Census type of charge.

Federal tax money0.5%

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

From the federal government
0.5%$719 thousand

State tax money76%

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

From the state
76%$119 million

County and local tax money0.1%

Money passed on by the county or other local governments.

From the county and other local governments
0.1%$161 thousand

Fines and other4.8%

Interest, rents and other
4.3%$6.7 million
Fines
0.4%$662 thousand

Where it goes

Schools and colleges98%Interest on debt2.1%

Spending by category100%

Schools and colleges
98%$151 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$151 million
Interest on debt
2.1%$3.3 million
Sources and moreWhere these numbers come from and what they cover

Mt. Vernon School District 320. 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 Mt. Vernon School District 320 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.