School district · Wright County, MN

Monticello School District 882's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Monticello School District 882 took in $81.3 million and spent $80.5 million.

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

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Where it comes from

State tax money62%School district taxes16%County and local tax money14%Fees for services (school lunches)4.6%Fines and other2.5%Federal tax money0.3%

What stands out

14%

of Monticello School District 882's money comes from county and other local tax money.A typical school district with fewer than 5,000 students gets 1.1%.

School district taxes16%

Property tax

16%$13.3 million

Fees for services4.6%

Fees for services

4.6%$3.8 million

What's in fees for servicesOther school charges and school lunches

Other school charges$3.3 million
School lunches$468 thousand

Amounts are by Census type of charge.

Federal tax money0.3%

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

From the federal government

0.3%$227 thousand

State tax money62%

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

From the state

62%$50.4 million

County and local tax money14%

Money passed on by the county or other local governments.

From the county and other local governments

14%$11.6 million

Fines and other2.5%

Interest, rents and other

2.5%$2.1 million

Where it goes

Schools and colleges96%Interest on debt3.0%Sent to other local governments1.4%

Spending by category100%

Schools and colleges

96%$77.0 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$77.0 million

Interest on debt

3.0%$2.4 million

Sent to other local governments

1.4%$1.1 million

What's in sent to other local governmentsSent to school districts and sent to the state government

Sent to school districts$964 thousand
Sent to the state government$171 thousand

Sources and moreWhere these numbers come from and what they cover

Monticello School District 882. 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 Monticello School District 882 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.