School district · Aitkin County, MN

McGregor Independent School District 4's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), McGregor Independent School District 4 took in $10.6 million and spent $9.6 million.

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

See every government that serves your ZIP

Where it comes from

State tax money74%School district taxes13%Fines and other6.4%County and local tax money3.4%Federal tax money1.9%Fees for services (school lunches, school tuition and transportation)1.2%

What stands out

13%

of McGregor Independent School District 4's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes13%

Property tax
13%$1.4 million

Fees for services1.2%

Fees for services
1.2%$125 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$50 thousand
  • School lunches$47 thousand
  • School tuition and transportation$28 thousand

Amounts are by Census type of charge.

Federal tax money1.9%

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

From the federal government
1.9%$202 thousand

State tax money74%

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

From the state
74%$7.9 million

County and local tax money3.4%

Money passed on by the county or other local governments.

From the county and other local governments
3.4%$364 thousand

Fines and other6.4%

Interest, rents and other
6.4%$679 thousand

Where it goes

Schools and colleges94%Sent to other local governments3.2%Interest on debt2.6%

Spending by category100%

Schools and colleges
94%$9.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$9.1 million
Sent to other local governments
3.2%$308 thousand
What's in sent to other local governmentsSent to the state government and sent to school districts
  • Sent to the state government$222 thousand
  • Sent to school districts$86 thousand
Interest on debt
2.6%$245 thousand
Sources and moreWhere these numbers come from and what they cover

McGregor Independent School District 4. 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 McGregor Independent School District 4 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.