School district · Aitkin County, MN

Hill City Independent School District 2's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Hill City Independent School District 2 took in $5.7 million and spent $6.9 million.

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

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Where it comes from

State tax money77%School district taxes10%Fines and other6.7%County and local tax money4.6%Fees for services (school tuition and transportation, school lunches)0.8%Federal tax money0.7%

What stands out

10%

of Hill City Independent School District 2's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes10%

Property tax
10%$575 thousand

Fees for services0.8%

Fees for services
0.8%$45 thousand
What's in fees for servicesSchool tuition and transportation; other school charges and 1 more
  • School tuition and transportation$28 thousand
  • Other school charges$16 thousand
  • School lunches$1 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%$37 thousand

State tax money77%

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

From the state
77%$4.4 million

County and local tax money4.6%

Money passed on by the county or other local governments.

From the county and other local governments
4.6%$261 thousand

Fines and other6.7%

Interest, rents and other
6.7%$381 thousand

Where it goes

Schools and colleges94%Sent to other local governments4.4%Interest on debt1.5%

What stands out

4.4%

of Hill City Independent School District 2'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%$6.5 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$6.5 million
Sent to other local governments
4.4%$301 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$207 thousand
  • Sent to the state government$94 thousand
Interest on debt
1.5%$100 thousand
Sources and moreWhere these numbers come from and what they cover

Hill City Independent School District 2. 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 Hill City Independent School District 2 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.