School district · Spokane County, WA

Riverside School District 416's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Riverside School District 416 took in $26.5 million and spent $26.1 million.

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

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Where it comes from

State tax money84%School district taxes13%Fines and other1.3%Fees for services (school tuition and transportation, school lunches)1.0%County and local tax money<0.1%

What stands out

84%

of Riverside School District 416's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes13%

Property tax
13%$3.5 million

Fees for services1.0%

Fees for services
1.0%$265 thousand
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$212 thousand
  • School tuition and transportation$47 thousand
  • School lunches$6 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%$7 thousand

State tax money84%

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

From the state
84%$22.4 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%$14 thousand

Fines and other1.3%

Interest, rents and other
1.3%$346 thousand
Fines
<0.1%$3 thousand

Where it goes

Schools and colleges99%Sent to other local governments1.0%Interest on debt0.2%

Spending by category100%

Schools and colleges
99%$25.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$25.8 million
Sent to other local governments
1.0%$249 thousand
What's in sent to other local governmentsSent to the state government
  • Sent to the state government$249 thousand
Interest on debt
0.2%$53 thousand
Sources and moreWhere these numbers come from and what they cover

Riverside School District 416. 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 Riverside School District 416 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.