School district · Lake of the Woods County, MN

Lake of the Woods School District 390's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Lake of the Woods School District 390 took in $9.1 million and spent $8.5 million.

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

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Where it comes from

State tax money67%School district taxes22%County and local tax money5.6%Fines and other2.8%Fees for services (school tuition and transportation, school lunches)1.6%Federal tax money0.8%

What stands out

5.6%

of Lake of the Woods School District 390'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 taxes22%

Property tax
22%$2.0 million

Fees for services1.6%

Fees for services
1.6%$146 thousand
What's in fees for servicesSchool tuition and transportation; other school charges and 1 more
  • School tuition and transportation$73 thousand
  • Other school charges$53 thousand
  • School lunches$20 thousand

Amounts are by Census type of charge.

Federal tax money0.8%

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

From the federal government
0.8%$77 thousand

State tax money67%

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

From the state
67%$6.1 million

County and local tax money5.6%

Money passed on by the county or other local governments.

From the county and other local governments
5.6%$511 thousand

Fines and other2.8%

Interest, rents and other
2.8%$253 thousand

Where it goes

Schools and colleges93%Interest on debt4.0%Sent to other local governments2.7%

What stands out

4%

of Lake of the Woods School District 390'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
93%$8.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$8.0 million
Interest on debt
4.0%$339 thousand
Sent to other local governments
2.7%$232 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$172 thousand
  • Sent to the state government$60 thousand
Sources and moreWhere these numbers come from and what they cover

Lake of the Woods School District 390. 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 of the Woods School District 390 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.