School district · Hennepin County, MN

Minnetonka School District 276's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Minnetonka School District 276 took in $217 million and spent $238 million.

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

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Where it comes from

State tax money58%School district taxes29%Fees for services (school tuition and transportation, school lunches)8.3%Fines and other3.8%County and local tax money0.3%Federal tax money0.2%

What stands out

8.3%

of Minnetonka School District 276's money comes from fees for services such as water, sewer and parking.A typical school district with 5,000 to 25,000 students gets 1.5%.

School district taxes29%

Property tax
29%$62.8 million

Fees for services8.3%

Fees for services
8.3%$18.0 million
What's in fees for servicesSchool tuition and transportation; other school charges and 1 more
  • School tuition and transportation$12.7 million
  • Other school charges$3.5 million
  • School lunches$1.8 million

Amounts are by Census type of charge.

Federal tax money0.2%

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

From the federal government
0.2%$345 thousand

State tax money58%

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

From the state
58%$127 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%$691 thousand

Fines and other3.8%

Interest, rents and other
3.8%$8.3 million

Where it goes

Schools and colleges97%Interest on debt2.3%Sent to other local governments0.6%

Spending by category100%

Schools and colleges
97%$231 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$231 million
Interest on debt
2.3%$5.4 million
Sent to other local governments
0.6%$1.4 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$761 thousand
  • Sent to the state government$628 thousand
Sources and moreWhere these numbers come from and what they cover

Minnetonka School District 276. 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 Minnetonka School District 276 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.