School district · Whatcom County, WA

Nooksack Valley School District 506's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Nooksack Valley School District 506 took in $41.1 million and spent $40.5 million.

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

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Where it comes from

State tax money81%School district taxes16%Fines and other1.7%Fees for services (school tuition and transportation)0.7%Federal tax money0.5%County and local tax money<0.1%

What stands out

81%

of Nooksack Valley School District 506's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes16%

Property tax
16%$6.5 million

Fees for services0.7%

Fees for services
0.7%$296 thousand
What's in fees for servicesOther school charges and school tuition and transportation
  • Other school charges$291 thousand
  • School tuition and transportation$5 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%$205 thousand

State tax money81%

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

From the state
81%$33.4 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%$23 thousand

Fines and other1.7%

Interest, rents and other
1.7%$699 thousand
Fines
<0.1%$1 thousand

Where it goes

Schools and colleges94%Interest on debt5.0%Sent to other local governments0.5%

What stands out

5%

of Nooksack Valley School District 506's spending goes to interest on debt.A typical school district with fewer than 5,000 students spends 0.9%.

Spending by category100%

Schools and colleges
94%$38.3 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$38.3 million
Interest on debt
5.0%$2.0 million
Sent to other local governments
0.5%$205 thousand
What's in sent to other local governmentsSent to the state government
  • Sent to the state government$205 thousand
Sources and moreWhere these numbers come from and what they cover

Nooksack Valley School District 506. 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 Nooksack Valley School District 506 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.