School district · Jones County, IA

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

In the latest recorded fiscal year (ended June 30, 2024), Monticello Community School District took in $17.9 million and spent $16.0 million.

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

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Where it comes from

State tax money53%School district taxes36%County and local tax money3.7%Fines and other3.5%Fees for services (school lunches, school tuition and transportation)3.4%Federal tax money<0.1%

What stands out

33%

of Monticello Community School District's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes36%

Property tax
33%$6.0 million
Individual income tax
2.0%$359 thousand
Other taxes
0.6%$103 thousand
What's in other taxesPublic utility taxes and other taxes not classified elsewhere
  • Public utility taxes$99 thousand
  • Other taxes not classified elsewhere$4 thousand

Amounts are by Census tax category.

Fees for services3.4%

Fees for services
3.4%$607 thousand
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$296 thousand
  • Other school charges$267 thousand
  • School tuition and transportation$44 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%$9 thousand

State tax money53%

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

From the state
53%$9.6 million

County and local tax money3.7%

Money passed on by the county or other local governments.

From the county and other local governments
3.7%$668 thousand

Fines and other3.5%

Interest, rents and other
3.5%$621 thousand

Where it goes

Schools and colleges93%Interest on debt3.6%Sent to other local governments3.4%

What stands out

93%

of Monticello Community School District's spending goes to schools and colleges.A typical school district with fewer than 5,000 students spends 97%.

Spending by category100%

Schools and colleges
93%$14.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$14.9 million
Interest on debt
3.6%$583 thousand
Sent to other local governments
3.4%$540 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$540 thousand
Sources and moreWhere these numbers come from and what they cover

Monticello 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 Monticello 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.