School district · Lake County, MN

Lake Superior Independent School District 381's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Lake Superior Independent School District 381 took in $28.3 million and spent $56.6 million.

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

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Where it comes from

State tax money65%School district taxes16%County and local tax money8.4%Fines and other7.6%Fees for services (school tuition and transportation, school lunches)3.0%

What stands out

8.4%

of Lake Superior Independent School District 381'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%$4.4 million

Fees for services3.0%

Fees for services
3.0%$850 thousand
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$474 thousand
  • School tuition and transportation$304 thousand
  • School lunches$72 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$12 thousand

State tax money65%

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

From the state
65%$18.5 million

County and local tax money8.4%

Money passed on by the county or other local governments.

From the county and other local governments
8.4%$2.4 million

Fines and other7.6%

Interest, rents and other
7.6%$2.1 million

Where it goes

Schools and colleges97%Interest on debt2.2%Sent to other local governments0.9%

Spending by category100%

Schools and colleges
97%$54.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$54.9 million
Interest on debt
2.2%$1.2 million
Sent to other local governments
0.9%$511 thousand
What's in sent to other local governmentsSent to the state government and sent to school districts
  • Sent to the state government$307 thousand
  • Sent to school districts$204 thousand
Sources and moreWhere these numbers come from and what they cover

Lake Superior Independent School District 381. 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 Superior Independent School District 381 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.