School district · Olmsted County, MN
Byron Independent School District 531's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2024), Byron Independent School District 531 took in $37.9 million and spent $54.2 million.
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Where it comes from
What stands out
of Byron Independent School District 531's money comes from fees for services such as water, sewer and parking.A typical school district with fewer than 5,000 students gets 1.8%.
School district taxes21%
Fees for services6.6%
What's in fees for servicesSchool tuition and transportation; school lunches and 1 more
- School tuition and transportation$1.4 million
- School lunches$596 thousand
- Other school charges$468 thousand
Amounts are by Census type of charge.
State tax money69%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money0.1%
Money passed on by the county or other local governments.
Fines and other2.9%
Where it goes
What stands out
of Byron Independent School District 531's spending goes to interest on debt.A typical school district with fewer than 5,000 students spends 0.9%.
Spending by category100%
What's in schools and collegesElementary and secondary schools
- Elementary and secondary schools$49.9 million
What's in sent to other local governmentsSent to school districts and sent to the state government
- Sent to school districts$759 thousand
- Sent to the state government$196 thousand
Sources and moreWhere these numbers come from and what they cover
Byron Independent School District 531. 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 Byron Independent School District 531 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.