School district · Mower County, MN

Grand Meadow School District 495's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Grand Meadow School District 495 took in $7.3 million and spent $7.9 million.

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

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Where it comes from

State tax money74%School district taxes14%Fines and other6.5%Fees for services (school lunches, school tuition and transportation)3.5%County and local tax money1.5%Federal tax money0.7%

What stands out

14%

of Grand Meadow School District 495's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes14%

Property tax
14%$1.0 million

Fees for services3.5%

Fees for services
3.5%$257 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$161 thousand
  • School lunches$54 thousand
  • School tuition and transportation$42 thousand

Amounts are by Census type of charge.

Federal tax money0.7%

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

From the federal government
0.7%$49 thousand

State tax money74%

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

From the state
74%$5.4 million

County and local tax money1.5%

Money passed on by the county or other local governments.

From the county and other local governments
1.5%$110 thousand

Fines and other6.5%

Interest, rents and other
6.5%$475 thousand

Where it goes

Schools and colleges94%Sent to other local governments5.0%Interest on debt1.3%

What stands out

5%

of Grand Meadow School District 495'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
94%$7.4 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$7.4 million
Sent to other local governments
5.0%$393 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$374 thousand
  • Sent to the state government$19 thousand
Interest on debt
1.3%$100 thousand
Sources and moreWhere these numbers come from and what they cover

Grand Meadow School District 495. 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 Grand Meadow School District 495 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.