School district · Pine County, MN

East Central Independent School District 2580's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), East Central Independent School District 2580 took in $16.7 million and spent $16.2 million.

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

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Where it comes from

State tax money74%School district taxes17%Fines and other4.8%County and local tax money1.8%Federal tax money1.4%Fees for services (school tuition and transportation, school lunches)1.4%

What stands out

17%

of East Central Independent School District 2580's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes17%

Property tax
17%$2.8 million

Fees for services1.4%

Fees for services
1.4%$226 thousand
What's in fees for servicesSchool tuition and transportation; other school charges and 1 more
  • School tuition and transportation$84 thousand
  • Other school charges$75 thousand
  • School lunches$67 thousand

Amounts are by Census type of charge.

Federal tax money1.4%

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

From the federal government
1.4%$233 thousand

State tax money74%

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

From the state
74%$12.3 million

County and local tax money1.8%

Money passed on by the county or other local governments.

From the county and other local governments
1.8%$304 thousand

Fines and other4.8%

Interest, rents and other
4.8%$797 thousand

Where it goes

Schools and colleges91%Interest on debt5.4%Sent to other local governments3.4%

What stands out

5.4%

of East Central Independent School District 2580'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%$14.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$14.8 million
Interest on debt
5.4%$873 thousand
Sent to other local governments
3.4%$549 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$461 thousand
  • Sent to the state government$88 thousand
Sources and moreWhere these numbers come from and what they cover

East Central Independent School District 2580. 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 East Central Independent School District 2580 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.