School district · Racine County, WI

Racine Unified School District 1's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Racine Unified School District 1 took in $403 million and spent $496 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

State tax money72%School district taxes21%Fines and other6.3%Fees for services (school lunches)0.6%County and local tax money0.1%

What stands out

72%

of Racine Unified School District 1's money comes from state tax money.A typical school district with 5,000 to 25,000 students gets 59%.

School district taxes21%

Property tax
21%$84.4 million

Fees for services0.6%

Fees for services
0.6%$2.3 million
What's in fees for servicesOther school charges and school lunches
  • Other school charges$2.1 million
  • School lunches$220 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%$63 thousand

State tax money72%

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

From the state
72%$291 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%$493 thousand

Fines and other6.3%

Interest, rents and other
6.3%$25.2 million
Fines
<0.1%$108 thousand

Where it goes

Schools and colleges87%Sent to other local governments11%Interest on debt1.7%

What stands out

11%

of Racine Unified School District 1's spending goes to local governments.Most school districts with 5,000 to 25,000 students spend nothing on this.

Spending by category100%

Schools and colleges
87%$431 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$431 million
Sent to other local governments
11%$56.7 million
What's in sent to other local governmentsSent to the state government; sent to school districts and 1 more
  • Sent to the state government$39.0 million
  • Sent to school districts$16.9 million
  • Sent to local governments: other and not broken out$809 thousand
Interest on debt
1.7%$8.5 million
Sources and moreWhere these numbers come from and what they cover

Racine Unified School District 1. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Racine Unified School District 1 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.