School district · Sibley County, MN

G.f.w. Independent School District 2365's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2023), G.f.w. Independent School District 2365 took in $17.1 million and spent $22.4 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

State tax money69%School district taxes19%Fines and other10%Fees for services (school tuition and transportation, school lunches)1.9%County and local tax money0.3%

What stands out

10%

of G.f.w. Independent School District 2365's money comes from interest, rents and other revenue.A typical school district with fewer than 5,000 students gets 3.2%.

School district taxes19%

Property tax
19%$3.2 million

Fees for services1.9%

Fees for services
1.9%$319 thousand
What's in fees for servicesSchool tuition and transportation; other school charges and 1 more
  • School tuition and transportation$175 thousand
  • Other school charges$121 thousand
  • School lunches$23 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.

From the state
69%$11.8 million

County and local tax money0.3%

Money passed on by the county or other local governments.

From the county and other local governments
0.3%$43 thousand

Fines and other10%

Interest, rents and other
10%$1.7 million

Where it goes

Schools and colleges89%Interest on debt8.6%Sent to other local governments2.6%

What stands out

8.6%

of G.f.w. Independent School District 2365'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
89%$19.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$19.9 million
Interest on debt
8.6%$1.9 million
Sent to other local governments
2.6%$574 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$436 thousand
  • Sent to the state government$138 thousand
Sources and moreWhere these numbers come from and what they cover

G.f.w. Independent School District 2365. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of G.f.w. Independent School District 2365 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.