School district · Grant County, MN

Ashby School District 261's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Ashby School District 261 took in $6.2 million and spent $6.4 million.

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

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Where it comes from

State tax money75%School district taxes15%Fines and other7.1%Fees for services (school tuition and transportation, school lunches)2.3%County and local tax money0.6%

What stands out

15%

of Ashby School District 261's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes15%

Property tax
15%$923 thousand

Fees for services2.3%

Fees for services
2.3%$143 thousand
What's in fees for servicesSchool tuition and transportation; school lunches and 1 more
  • School tuition and transportation$60 thousand
  • School lunches$43 thousand
  • Other school charges$40 thousand

Amounts are by Census type of charge.

State tax money75%

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

From the state
75%$4.6 million

County and local tax money0.6%

Money passed on by the county or other local governments.

From the county and other local governments
0.6%$36 thousand

Fines and other7.1%

Interest, rents and other
7.1%$440 thousand

Where it goes

Schools and colleges96%Interest on debt2.1%Sent to other local governments1.8%

Spending by category100%

Schools and colleges
96%$6.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$6.1 million
Interest on debt
2.1%$132 thousand
Sent to other local governments
1.8%$113 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$99 thousand
  • Sent to the state government$14 thousand
Sources and moreWhere these numbers come from and what they cover

Ashby School District 261. 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 Ashby School District 261 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.