School district · Freeborn County, MN

Alden-Conger Independent School District 242's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Alden-Conger Independent School District 242 took in $7.8 million and spent $7.8 million.

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

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Where it comes from

State tax money77%School district taxes11%Fines and other7.2%Fees for services (school tuition and transportation, school lunches)2.2%County and local tax money1.7%

What stands out

11%

of Alden-Conger Independent School District 242's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes11%

Property tax
11%$888 thousand

Fees for services2.2%

Fees for services
2.2%$174 thousand
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$107 thousand
  • School tuition and transportation$46 thousand
  • School lunches$21 thousand

Amounts are by Census type of charge.

State tax money77%

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

From the state
77%$6.0 million

County and local tax money1.7%

Money passed on by the county or other local governments.

From the county and other local governments
1.7%$131 thousand

Fines and other7.2%

Interest, rents and other
7.2%$562 thousand

Where it goes

Schools and colleges91%Interest on debt4.5%Sent to other local governments4.3%

What stands out

4.5%

of Alden-Conger Independent School District 242's spending goes to interest on debt.A typical school district with fewer than 5,000 students spends 0.9%.

Spending by category100%

Schools and colleges
91%$7.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$7.1 million
Interest on debt
4.5%$353 thousand
Sent to other local governments
4.3%$340 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$336 thousand
  • Sent to the state government$4 thousand
Sources and moreWhere these numbers come from and what they cover

Alden-Conger Independent School District 242. 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 Alden-Conger Independent School District 242 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.