School district · Hennepin County, MN
Intermediate District 287's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2024), Intermediate District 287 took in $102 million and spent $95.7 million.
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Where it comes from
What stands out
of Intermediate District 287's money comes from interest, rents and other revenue.A typical vocational school or education service agency gets 3.2%.
Fees for services1.8%
What's in fees for servicesSchool tuition and transportation; other school charges and 1 more
- School tuition and transportation$1.6 million
- Other school charges$244 thousand
- School lunches$9 thousand
Amounts are by Census type of charge.
Federal tax money1.4%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money65%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money19%
Money passed on by the county or other local governments.
Fines and other13%
Where it goes
What stands out
of Intermediate District 287's spending goes to interest on debt.Most vocational schools and education service agencies spend nothing on this.
Spending by category100%
What's in schools and collegesElementary and secondary schools
- Elementary and secondary schools$91.6 million
What's in sent to other local governmentsSent to the state government and sent to school districts
- Sent to the state government$462 thousand
- Sent to school districts$163 thousand
Sources and moreWhere these numbers come from and what they cover
Intermediate District 287. 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 Intermediate District 287 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.