School district · Sibley County, MN

Sibley East School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Sibley East School District took in $19.7 million and spent $17.9 million.

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

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Where it comes from

State tax money75%School district taxes16%Fines and other4.7%Fees for services (school tuition and transportation, school lunches)3.9%County and local tax money0.2%

What stands out

16%

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

School district taxes16%

Property tax
16%$3.2 million

Fees for services3.9%

Fees for services
3.9%$759 thousand
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$598 thousand
  • School tuition and transportation$115 thousand
  • School lunches$46 thousand

Amounts are by Census type of charge.

State tax money75%

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

From the state
75%$14.8 million

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments
0.2%$47 thousand

Fines and other4.7%

Interest, rents and other
4.7%$916 thousand

Where it goes

Schools and colleges89%Interest on debt6.8%Sent to other local governments3.8%

What stands out

6.8%

of Sibley East School District'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
89%$16.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$16.0 million
Interest on debt
6.8%$1.2 million
Sent to other local governments
3.8%$685 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$482 thousand
  • Sent to the state government$203 thousand
Sources and moreWhere these numbers come from and what they cover

Sibley East School District. 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 Sibley East School District 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.