School district · Hennepin County, MN

Edina School District 273's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Edina School District 273 took in $192 million and spent $193 million.

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

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Where it comes from

State tax money54%School district taxes35%Fees for services (school tuition and transportation, school lunches)7.0%Fines and other2.8%County and local tax money1.4%

What stands out

7%

of Edina School District 273'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 taxes35%

Property tax
35%$66.4 million

Fees for services7.0%

Fees for services
7.0%$13.4 million
What's in fees for servicesSchool tuition and transportation; other school charges and 1 more
  • School tuition and transportation$10.2 million
  • Other school charges$2.5 million
  • School lunches$800 thousand

Amounts are by Census type of charge.

State tax money54%

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

From the state
54%$104 million

County and local tax money1.4%

Money passed on by the county or other local governments.

From the county and other local governments
1.4%$2.7 million

Fines and other2.8%

Interest, rents and other
2.8%$5.5 million

Where it goes

Schools and colleges95%Interest on debt4.3%Sent to other local governments1.1%

Spending by category100%

Schools and colleges
95%$182 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$182 million
Interest on debt
4.3%$8.2 million
Sent to other local governments
1.1%$2.1 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$1.3 million
  • Sent to the state government$856 thousand
Sources and moreWhere these numbers come from and what they cover

Edina School District 273. 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 Edina School District 273 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.