School district · Martin County, MN

Fairmount Area Independent School District 2752's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Fairmount Area Independent School District 2752 took in $33.0 million and spent $31.2 million.

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

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Where it comes from

State tax money77%School district taxes17%Fines and other3.5%Fees for services (school tuition and transportation, school lunches)1.5%County and local tax money0.4%

What stands out

77%

of Fairmount Area Independent School District 2752's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes17%

Property tax
17%$5.7 million

Fees for services1.5%

Fees for services
1.5%$494 thousand
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$205 thousand
  • School tuition and transportation$149 thousand
  • School lunches$140 thousand

Amounts are by Census type of charge.

State tax money77%

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

From the state
77%$25.5 million

County and local tax money0.4%

Money passed on by the county or other local governments.

From the county and other local governments
0.4%$124 thousand

Fines and other3.5%

Interest, rents and other
3.5%$1.1 million

Where it goes

Schools and colleges92%Sent to other local governments5.1%Interest on debt3.1%

What stands out

5.1%

of Fairmount Area Independent School District 2752's spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.

Spending by category100%

Schools and colleges
92%$28.6 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$28.6 million
Sent to other local governments
5.1%$1.6 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$1.2 million
  • Sent to the state government$407 thousand
Interest on debt
3.1%$951 thousand
Sources and moreWhere these numbers come from and what they cover

Fairmount Area Independent School District 2752. 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 Fairmount Area Independent School District 2752 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.