School district · King County, WA

Renton School District 403's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Renton School District 403 took in $404 million and spent $426 million.

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

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Where it comes from

State tax money62%School district taxes31%Fines and other5.3%Fees for services (school tuition and transportation, school lunches)0.7%County and local tax money0.1%Federal tax money<0.1%

What stands out

62%

of Renton School District 403's money comes from state tax money.A typical school district with 5,000 to 25,000 students gets 59%.

School district taxes31%

Property tax
31%$126 million
Other taxes
<0.1%$4 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$4 thousand

Amounts are by Census tax category.

Fees for services0.7%

Fees for services
0.7%$2.9 million
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$2.0 million
  • School tuition and transportation$645 thousand
  • School lunches$244 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$270 thousand

State tax money62%

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

From the state
62%$252 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%$604 thousand

Fines and other5.3%

Interest, rents and other
5.3%$21.3 million
Fines
<0.1%$337 thousand

Where it goes

Schools and colleges93%Interest on debt6.6%Sent to other local governments0.2%

What stands out

6.6%

of Renton School District 403's spending goes to interest on debt.A typical school district with 5,000 to 25,000 students spends 2.3%.

Spending by category100%

Schools and colleges
93%$397 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$397 million
Interest on debt
6.6%$28.1 million
Sent to other local governments
0.2%$916 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$916 thousand
Sources and moreWhere these numbers come from and what they cover

Renton School District 403. 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 Renton School District 403 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.