School district · Todd County, MN
Sourcewell's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2024), Sourcewell took in $125 million and spent $96.7 million.
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Where it comes from
What stands out
of Sourcewell's money comes from interest, rents and other revenue.A typical vocational school or education service agency gets 3.2%.
State tax money1.1%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money0.4%
Money passed on by the county or other local governments.
Fines and other99%
Where it goes
What stands out
of Sourcewell's spending goes to local governments.Most vocational schools and education service agencies spend nothing on this.
Spending by category100%
What's in schools and collegesElementary and secondary schools
- Elementary and secondary schools$83.6 million
What's in sent to other local governmentsSent to school districts
- Sent to school districts$13.1 million
Sources and moreWhere these numbers come from and what they cover
Sourcewell. 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 Sourcewell 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.