School district · Madison County, IA

Interstate 35 Community School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Interstate 35 Community School District took in $16.6 million and spent $15.4 million.

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

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Where it comes from

State tax money52%School district taxes34%County and local tax money5.1%Fees for services (school lunches)5.0%Fines and other3.9%

What stands out

5.1%

of Interstate 35 Community School District'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 taxes34%

Property tax
32%$5.3 million
Other taxes
2.1%$341 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$341 thousand

Amounts are by Census tax category.

Fees for services5.0%

Fees for services
5.0%$833 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$504 thousand
  • School lunches$329 thousand

Amounts are by Census type of charge.

State tax money52%

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

From the state
52%$8.6 million

County and local tax money5.1%

Money passed on by the county or other local governments.

From the county and other local governments
5.1%$856 thousand

Fines and other3.9%

Interest, rents and other
3.9%$641 thousand

Where it goes

Schools and colleges89%Sent to other local governments7.9%Interest on debt3.5%

What stands out

7.9%

of Interstate 35 Community School District'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%$13.7 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$13.7 million
Sent to other local governments
7.9%$1.2 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$1.2 million
Interest on debt
3.5%$541 thousand
Sources and moreWhere these numbers come from and what they cover

Interstate 35 Community School District. 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 Interstate 35 Community School District 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.