School district · Madison County, ID

Madison School District 321's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Madison School District 321 took in $71.5 million and spent $57.7 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

State tax money80%School district taxes9.3%Fines and other6.0%Fees for services (school lunches)5.2%

What stands out

9.3%

of Madison School District 321's money comes from property tax.A typical school district with 5,000 to 25,000 students gets 29%.

School district taxes9.3%

Property tax

9.3%$6.6 million

Fees for services5.2%

Fees for services

5.2%$3.7 million

What's in fees for servicesOther school charges and school lunches

Other school charges$3.1 million
School lunches$616 thousand

Amounts are by Census type of charge.

State tax money80%

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

From the state

80%$56.9 million

Fines and other6.0%

Interest, rents and other

6.0%$4.3 million

Where it goes

Schools and colleges95%Interest on debt4.8%

Spending by category100%

Schools and colleges

95%$54.9 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$54.9 million

Interest on debt

4.8%$2.7 million

Sources and moreWhere these numbers come from and what they cover

Madison School District 321. 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 Madison School District 321 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.