School district · Racine County, WI

Waterford Joint School District 1's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Waterford Joint School District 1 took in $27.2 million and spent $33.0 million.

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

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Where it comes from

State tax money60%School district taxes31%County and local tax money5.7%Fees for services (school lunches, school tuition and transportation)2.5%Fines and other1.1%Federal tax money0.5%

What stands out

5.7%

of Waterford Joint School District 1's money comes from county and other local tax money.A typical school district with fewer than 5,000 students gets 1.1%.

School district taxes31%

Property tax
31%$8.3 million

Fees for services2.5%

Fees for services
2.5%$687 thousand
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$351 thousand
  • Other school charges$325 thousand
  • School tuition and transportation$11 thousand

Amounts are by Census type of charge.

Federal tax money0.5%

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

From the federal government
0.5%$144 thousand

State tax money60%

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

From the state
60%$16.2 million

County and local tax money5.7%

Money passed on by the county or other local governments.

From the county and other local governments
5.7%$1.6 million

Fines and other1.1%

Interest, rents and other
1.1%$301 thousand

Where it goes

Schools and colleges89%Sent to other local governments9.4%Interest on debt1.7%

What stands out

9.4%

of Waterford Joint School District 1's spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.

Spending by category100%

Schools and colleges
89%$29.4 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$29.4 million
Sent to other local governments
9.4%$3.1 million
What's in sent to other local governmentsSent to school districts; sent to the state government and 1 more
  • Sent to school districts$2.8 million
  • Sent to the state government$193 thousand
  • Sent to local governments: other and not broken out$68 thousand
Interest on debt
1.7%$551 thousand
Sources and moreWhere these numbers come from and what they cover

Waterford Joint 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 Waterford Joint 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.