School district · Louisa County, IA

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

In the latest recorded fiscal year (ended June 30, 2024), Morning Sun Community School District took in $3.5 million and spent $3.1 million.

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

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Where it comes from

State tax money56%School district taxes28%County and local tax money7.8%Fines and other6.0%Fees for services (school lunches)0.9%Federal tax money0.4%

What stands out

7.8%

of Morning Sun 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 taxes28%

Property tax
24%$867 thousand
Individual income tax
2.9%$104 thousand
Other taxes
1.0%$37 thousand
What's in other taxesPublic utility taxes and other taxes not classified elsewhere
  • Public utility taxes$36 thousand
  • Other taxes not classified elsewhere$1 thousand

Amounts are by Census tax category.

Fees for services0.9%

Fees for services
0.9%$33 thousand
What's in fees for servicesSchool lunches and other school charges
  • School lunches$30 thousand
  • Other school charges$3 thousand

Amounts are by Census type of charge.

Federal tax money0.4%

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

From the federal government
0.4%$14 thousand

State tax money56%

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

From the state
56%$2.0 million

County and local tax money7.8%

Money passed on by the county or other local governments.

From the county and other local governments
7.8%$278 thousand

Fines and other6.0%

Interest, rents and other
6.0%$213 thousand

Where it goes

Schools and colleges72%Sent to other local governments28%

What stands out

28%

of Morning Sun 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
72%$2.2 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$2.2 million
Sent to other local governments
28%$879 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$879 thousand
Sources and moreWhere these numbers come from and what they cover

Morning Sun 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 Morning Sun 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.