School district · King County, WA

Vashon Island School District 402's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Vashon Island School District 402 took in $33.9 million and spent $29.1 million.

Latest recorded year: ended August 31, 2023Comes from Goes to

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Where it comes from

State tax money61%School district taxes29%Fines and other4.6%Federal tax money2.6%Fees for services (school lunches, school tuition and transportation)2.5%

School district taxes29%

Property tax

29%$10.0 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 services2.5%

Fees for services

2.5%$848 thousand

What's in fees for servicesSchool lunches; other school charges and 1 more

School lunches$500 thousand
Other school charges$208 thousand
School tuition and transportation$140 thousand

Amounts are by Census type of charge.

Federal tax money2.6%

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

From the federal government

2.6%$876 thousand

State tax money61%

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

From the state

61%$20.6 million

Fines and other4.6%

Interest, rents and other

4.6%$1.6 million

Fines

<0.1%$6 thousand

Where it goes

Schools and colleges93%Interest on debt6.6%Sent to other local governments0.7%

What stands out

6.6%

of Vashon Island School District 402'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

93%$27.0 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$27.0 million

Interest on debt

6.6%$1.9 million

Sent to other local governments

0.7%$208 thousand

What's in sent to other local governmentsSent to the state government

Sent to the state government$208 thousand

Sources and moreWhere these numbers come from and what they cover

Vashon Island School District 402. 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 Vashon Island School District 402 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.