School district · Pierce County, WA

Peninsula School District 401's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Peninsula School District 401 took in $183 million and spent $174 million.

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

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Where it comes from

State tax money73%School district taxes24%Fines and other2.0%Fees for services (school lunches, school tuition and transportation)1.9%County and local tax money<0.1%

What stands out

73%

of Peninsula School District 401's money comes from state tax money.A typical school district with 5,000 to 25,000 students gets 59%.

School district taxes24%

Property tax
24%$43.0 million

Fees for services1.9%

Fees for services
1.9%$3.4 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$1.7 million
  • School lunches$1.6 million
  • School tuition and transportation$33 thousand

Amounts are by Census type of charge.

State tax money73%

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

From the state
73%$133 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%$146 thousand

Fines and other2.0%

Interest, rents and other
2.0%$3.6 million
Fines
<0.1%$32 thousand

Where it goes

Schools and colleges94%Interest on debt4.0%Sent to other local governments2.2%

Spending by category100%

Schools and colleges
94%$163 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$163 million
Interest on debt
4.0%$6.9 million
Sent to other local governments
2.2%$3.8 million
What's in sent to other local governmentsSent to the state government and sent to school districts
  • Sent to the state government$3.7 million
  • Sent to school districts$66 thousand
Sources and moreWhere these numbers come from and what they cover

Peninsula School District 401. 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 Peninsula School District 401 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.