School district · Wright County, MN

Buffalo Hanover Montrose Independent School District 778's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Buffalo Hanover Montrose Independent School District 778 took in $100 million and spent $90.5 million.

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

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Where it comes from

State tax money69%School district taxes20%Fines and other4.7%Fees for services (school tuition and transportation, school lunches)4.6%County and local tax money1.3%

What stands out

4.6%

of Buffalo Hanover Montrose Independent School District 778's money comes from fees for services such as water, sewer and parking.A typical school district with 5,000 to 25,000 students gets 1.5%.

School district taxes20%

Property tax
20%$20.2 million

Fees for services4.6%

Fees for services
4.6%$4.6 million
What's in fees for servicesSchool tuition and transportation; other school charges and 1 more
  • School tuition and transportation$2.7 million
  • Other school charges$1.3 million
  • School lunches$535 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%$17 thousand

State tax money69%

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

From the state
69%$69.1 million

County and local tax money1.3%

Money passed on by the county or other local governments.

From the county and other local governments
1.3%$1.3 million

Fines and other4.7%

Interest, rents and other
4.7%$4.6 million

Where it goes

Schools and colleges96%Sent to other local governments2.5%Interest on debt1.3%

Spending by category100%

Schools and colleges
96%$87.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$87.0 million
Sent to other local governments
2.5%$2.3 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$1.5 million
  • Sent to the state government$799 thousand
Interest on debt
1.3%$1.2 million
Sources and moreWhere these numbers come from and what they cover

Buffalo Hanover Montrose Independent School District 778. 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 Buffalo Hanover Montrose Independent School District 778 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.