School district · Otter Tail County, MN

Pelican Rapids Independent School 548's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Pelican Rapids Independent School 548 took in $16.3 million and spent $15.8 million.

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

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Where it comes from

State tax money68%School district taxes24%Fines and other4.6%Fees for services (school tuition and transportation, school lunches)2.1%County and local tax money1.3%

What stands out

68%

of Pelican Rapids Independent School 548's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes24%

Property tax
24%$3.9 million

Fees for services2.1%

Fees for services
2.1%$345 thousand
What's in fees for servicesSchool tuition and transportation; other school charges and 1 more
  • School tuition and transportation$183 thousand
  • Other school charges$105 thousand
  • School lunches$57 thousand

Amounts are by Census type of charge.

State tax money68%

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

From the state
68%$11.1 million

County and local tax money1.3%

Money passed on by the county or other local governments.

From the county and other local governments
1.3%$214 thousand

Fines and other4.6%

Interest, rents and other
4.6%$755 thousand

Where it goes

Schools and colleges95%Sent to other local governments2.7%Interest on debt2.2%

Spending by category100%

Schools and colleges
95%$15.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$15.1 million
Sent to other local governments
2.7%$430 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$347 thousand
  • Sent to the state government$83 thousand
Interest on debt
2.2%$347 thousand
Sources and moreWhere these numbers come from and what they cover

Pelican Rapids Independent School 548. 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 Pelican Rapids Independent School 548 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.