School district · Itasca County, MN

Grand Rapids Independent School District 318's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Grand Rapids Independent School District 318 took in $81.8 million and spent $77.3 million.

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

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Where it comes from

State tax money72%School district taxes16%County and local tax money5.8%Fines and other5.1%Fees for services (school lunches)1.4%Federal tax money0.4%

What stands out

5.8%

of Grand Rapids Independent School District 318's money comes from county and other local tax money.A typical school district with fewer than 5,000 students gets 1.1%.

School district taxes16%

Property tax
16%$13.0 million

Fees for services1.4%

Fees for services
1.4%$1.2 million
What's in fees for servicesOther school charges and school lunches
  • Other school charges$778 thousand
  • School lunches$378 thousand

Amounts are by Census type of charge.

Federal tax money0.4%

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

From the federal government
0.4%$301 thousand

State tax money72%

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

From the state
72%$58.5 million

County and local tax money5.8%

Money passed on by the county or other local governments.

From the county and other local governments
5.8%$4.7 million

Fines and other5.1%

Interest, rents and other
5.1%$4.2 million

Where it goes

Schools and colleges94%Interest on debt4.6%Sent to other local governments1.7%

What stands out

4.6%

of Grand Rapids Independent School District 318'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
94%$72.4 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$72.4 million
Interest on debt
4.6%$3.6 million
Sent to other local governments
1.7%$1.3 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$779 thousand
  • Sent to the state government$508 thousand
Sources and moreWhere these numbers come from and what they cover

Grand Rapids Independent School District 318. 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 Rapids Independent School District 318 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.