School district · Chippewa County, MN

Montevideo School District 129's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Montevideo School District 129 took in $26.2 million and spent $24.6 million.

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

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Where it comes from

State tax money79%School district taxes10%Fines and other5.6%Fees for services (school tuition and transportation, school lunches)4.5%County and local tax money0.7%

What stands out

10%

of Montevideo School District 129's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes10%

Property tax
10%$2.7 million

Fees for services4.5%

Fees for services
4.5%$1.2 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$167 thousand
  • School lunches$35 thousand

Amounts are by Census type of charge.

State tax money79%

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

From the state
79%$20.7 million

County and local tax money0.7%

Money passed on by the county or other local governments.

From the county and other local governments
0.7%$185 thousand

Fines and other5.6%

Interest, rents and other
5.6%$1.5 million

Where it goes

Schools and colleges97%Sent to other local governments3.1%Interest on debt0.4%

Spending by category100%

Schools and colleges
97%$23.7 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$23.7 million
Sent to other local governments
3.1%$752 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$673 thousand
  • Sent to the state government$79 thousand
Interest on debt
0.4%$102 thousand
Sources and moreWhere these numbers come from and what they cover

Montevideo School District 129. 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 Montevideo School District 129 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.