School district · Morrison County, MN

Little Falls School District 482's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Little Falls School District 482 took in $40.5 million and spent $40.5 million.

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

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Where it comes from

State tax money82%School district taxes13%Fees for services (school tuition and transportation, school lunches)2.6%Fines and other2.3%County and local tax money0.1%

What stands out

82%

of Little Falls School District 482's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes13%

Property tax
13%$5.2 million

Fees for services2.6%

Fees for services
2.6%$1.1 million
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$972 thousand
  • School tuition and transportation$54 thousand
  • School lunches$37 thousand

Amounts are by Census type of charge.

State tax money82%

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

From the state
82%$33.2 million

County and local tax money0.1%

Money passed on by the county or other local governments.

From the county and other local governments
0.1%$42 thousand

Fines and other2.3%

Interest, rents and other
2.3%$944 thousand

Where it goes

Schools and colleges98%Interest on debt1.6%Sent to other local governments0.8%

Spending by category100%

Schools and colleges
98%$39.5 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$39.5 million
Interest on debt
1.6%$664 thousand
Sent to other local governments
0.8%$307 thousand
What's in sent to other local governmentsSent to the state government and sent to school districts
  • Sent to the state government$279 thousand
  • Sent to school districts$28 thousand
Sources and moreWhere these numbers come from and what they cover

Little Falls School District 482. 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 Little Falls School District 482 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.