School district · Wabasha County, MN

Lake City School District 813's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Lake City School District 813 took in $21.7 million and spent $20.6 million.

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

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Where it comes from

State tax money70%School district taxes23%Fees for services (school lunches, school tuition and transportation)4.1%Fines and other2.5%County and local tax money0.3%

What stands out

70%

of Lake City School District 813's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes23%

Property tax
23%$5.0 million

Fees for services4.1%

Fees for services
4.1%$890 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$692 thousand
  • School lunches$188 thousand
  • School tuition and transportation$10 thousand

Amounts are by Census type of charge.

State tax money70%

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

From the state
70%$15.2 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%$66 thousand

Fines and other2.5%

Interest, rents and other
2.5%$543 thousand

Where it goes

Schools and colleges91%Sent to other local governments5.5%Interest on debt3.8%

What stands out

5.5%

of Lake City School District 813'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
91%$18.7 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$18.7 million
Sent to other local governments
5.5%$1.1 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$977 thousand
  • Sent to the state government$158 thousand
Interest on debt
3.8%$785 thousand
Sources and moreWhere these numbers come from and what they cover

Lake City School District 813. 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 Lake City School District 813 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.