School district · Stearns County, MN

Melrose Independent School District 740's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Melrose Independent School District 740 took in $22.2 million and spent $21.0 million.

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

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Where it comes from

State tax money80%School district taxes11%Fees for services (school tuition and transportation, school lunches)4.7%Fines and other3.6%County and local tax money0.4%

What stands out

11%

of Melrose Independent School District 740's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes11%

Property tax
11%$2.5 million

Fees for services4.7%

Fees for services
4.7%$1.0 million
What's in fees for servicesSchool tuition and transportation; other school charges and 1 more
  • School tuition and transportation$454 thousand
  • Other school charges$413 thousand
  • School lunches$176 thousand

Amounts are by Census type of charge.

State tax money80%

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

From the state
80%$17.7 million

County and local tax money0.4%

Money passed on by the county or other local governments.

From the county and other local governments
0.4%$97 thousand

Fines and other3.6%

Interest, rents and other
3.6%$791 thousand

Where it goes

Schools and colleges96%Sent to other local governments3.7%Interest on debt0.4%

Spending by category100%

Schools and colleges
96%$20.2 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$20.2 million
Sent to other local governments
3.7%$777 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$643 thousand
  • Sent to the state government$134 thousand
Interest on debt
0.4%$84 thousand
Sources and moreWhere these numbers come from and what they cover

Melrose Independent School District 740. 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 Melrose Independent School District 740 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.