School district · St Louis County, MN

Nett Lake Public School District 707's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Nett Lake Public School District 707 took in $3.0 million and spent $2.6 million.

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

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Where it comes from

State tax money60%Federal tax money28%Fees for services (school lunches)5.9%Fines and other3.8%County and local tax money1.0%School district taxes0.9%

What stands out

28%

of Nett Lake Public School District 707's money comes from federal tax money.Most school districts with fewer than 5,000 students get none.

School district taxes0.9%

Property tax
0.9%$28 thousand

Fees for services5.9%

Fees for services
5.9%$178 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$160 thousand
  • School lunches$18 thousand

Amounts are by Census type of charge.

Federal tax money28%

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

From the federal government
28%$858 thousand

State tax money60%

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

From the state
60%$1.8 million

County and local tax money1.0%

Money passed on by the county or other local governments.

From the county and other local governments
1.0%$29 thousand

Fines and other3.8%

Interest, rents and other
3.8%$114 thousand

Where it goes

Schools and colleges96%Sent to other local governments3.8%Interest on debt0.2%

Spending by category100%

Schools and colleges
96%$2.5 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$2.5 million
Sent to other local governments
3.8%$98 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$95 thousand
  • Sent to the state government$3 thousand
Interest on debt
0.2%$5 thousand
Sources and moreWhere these numbers come from and what they cover

Nett Lake Public School District 707. 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 Nett Lake Public School District 707 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.