School district · McLeod County, MN

Lester Prairie Independent School District 424's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Lester Prairie Independent School District 424 took in $8.8 million and spent $7.5 million.

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

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Where it comes from

State tax money69%School district taxes22%Fines and other6.4%Fees for services (school tuition and transportation, school lunches)2.3%County and local tax money0.3%

What stands out

6.4%

of Lester Prairie Independent School District 424's money comes from interest, rents and other revenue.A typical school district with fewer than 5,000 students gets 3.2%.

School district taxes22%

Property tax
22%$1.9 million

Fees for services2.3%

Fees for services
2.3%$202 thousand
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$86 thousand
  • School tuition and transportation$84 thousand
  • School lunches$32 thousand

Amounts are by Census type of charge.

State tax money69%

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

From the state
69%$6.1 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%$22 thousand

Fines and other6.4%

Interest, rents and other
6.4%$564 thousand

Where it goes

Schools and colleges90%Interest on debt6.4%Sent to other local governments3.6%

What stands out

6.4%

of Lester Prairie Independent School District 424'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
90%$6.7 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$6.7 million
Interest on debt
6.4%$481 thousand
Sent to other local governments
3.6%$271 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$99 thousand
Sources and moreWhere these numbers come from and what they cover

Lester Prairie Independent School District 424. 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 Lester Prairie Independent School District 424 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.