School district · Murray County, MN
Fulda Independent School District 505's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2024), Fulda Independent School District 505 took in $7.4 million and spent $6.8 million.
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Where it comes from
What stands out
of Fulda Independent School District 505's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.
School district taxes17%
Fees for services1.7%
What's in fees for servicesOther school charges and school lunches
- Other school charges$104 thousand
- School lunches$22 thousand
Amounts are by Census type of charge.
State tax money75%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money2.7%
Money passed on by the county or other local governments.
Fines and other4.0%
Where it goes
What stands out
of Fulda Independent School District 505's spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.
Spending by category100%
What's in schools and collegesElementary and secondary schools
- Elementary and secondary schools$6.5 million
What's in sent to other local governmentsSent to school districts and sent to the state government
- Sent to school districts$213 thousand
- Sent to the state government$98 thousand
Sources and moreWhere these numbers come from and what they cover
Fulda Independent School District 505. 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 Fulda Independent School District 505 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.