School district · Kanabec County, MN

Mora Independent School District 332's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Mora Independent School District 332 took in $33.0 million and spent $33.8 million.

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

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Where it comes from

State tax money75%School district taxes18%Fines and other4.3%Fees for services (school tuition and transportation, school lunches)2.3%County and local tax money0.4%

What stands out

75%

of Mora Independent School District 332's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes18%

Property tax
18%$5.9 million

Fees for services2.3%

Fees for services
2.3%$749 thousand
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$497 thousand
  • School tuition and transportation$196 thousand
  • School lunches$56 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$16 thousand

State tax money75%

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

From the state
75%$24.8 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%$148 thousand

Fines and other4.3%

Interest, rents and other
4.3%$1.4 million

Where it goes

Schools and colleges91%Interest on debt6.3%Sent to other local governments2.7%

What stands out

6.3%

of Mora Independent School District 332's spending goes to interest on debt.A typical school district with fewer than 5,000 students spends 0.9%.

Spending by category100%

Schools and colleges
91%$30.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$30.8 million
Interest on debt
6.3%$2.1 million
Sent to other local governments
2.7%$898 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$595 thousand
  • Sent to the state government$303 thousand
Sources and moreWhere these numbers come from and what they cover

Mora Independent School District 332. 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 Mora Independent School District 332 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.