School district · Redwood County, MN

Milroy Public School District 635's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Milroy Public School District 635 took in $1.5 million and spent $1.4 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

State tax money62%School district taxes28%Fines and other7.5%Fees for services (school tuition and transportation, school lunches)1.2%Federal tax money0.9%County and local tax money0.5%

What stands out

7.5%

of Milroy Public School District 635's money comes from interest, rents and other revenue.A typical school district with fewer than 5,000 students gets 3.2%.

School district taxes28%

Property tax

28%$421 thousand

Fees for services1.2%

Fees for services

1.2%$18 thousand

What's in fees for servicesSchool tuition and transportation; other school charges and 1 more

School tuition and transportation$11 thousand
Other school charges$5 thousand
School lunches$2 thousand

Amounts are by Census type of charge.

Federal tax money0.9%

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

From the federal government

0.9%$14 thousand

State tax money62%

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

From the state

62%$928 thousand

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments

0.5%$8 thousand

Fines and other7.5%

Interest, rents and other

7.5%$112 thousand

Where it goes

Schools and colleges75%Sent to other local governments25%Interest on debt0.2%

What stands out

25%

of Milroy Public School District 635's spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.

Spending by category100%

Schools and colleges

75%$1.0 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$1.0 million

Sent to other local governments

25%$346 thousand

What's in sent to other local governmentsSent to school districts

Sent to school districts$346 thousand

Interest on debt

0.2%$3 thousand

Sources and moreWhere these numbers come from and what they cover

Milroy Public School District 635. 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 Milroy Public School District 635 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.