School district · Martin County, MN

Southern Plains Education Cooperative 915's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2023), Southern Plains Education Cooperative 915 took in $8.4 million and spent $8.3 million.

Latest recorded year: ended December 31, 2023Comes from Goes to

See every government that serves your ZIP

Where it comes from

State tax money53%County and local tax money39%Fines and other7.5%

What stands out

7.5%

of Southern Plains Education Cooperative 915's money comes from interest, rents and other revenue.A typical vocational school or education service agency gets 3.2%.

State tax money53%

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

From the state

53%$4.5 million

County and local tax money39%

Money passed on by the county or other local governments.

From the county and other local governments

39%$3.3 million

Fines and other7.5%

Interest, rents and other

7.5%$637 thousand

Where it goes

Schools and colleges95%Interest on debt4.1%Sent to other local governments0.9%

What stands out

4.1%

of Southern Plains Education Cooperative 915's spending goes to interest on debt.Most vocational schools and education service agencies spend nothing on this.

Spending by category100%

Schools and colleges

95%$7.8 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$7.8 million

Interest on debt

4.1%$342 thousand

Sent to other local governments

0.9%$73 thousand

What's in sent to other local governmentsSent to the state government and sent to school districts

Sent to the state government$47 thousand
Sent to school districts$26 thousand

Sources and moreWhere these numbers come from and what they cover

Southern Plains Education Cooperative 915. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of Southern Plains Education Cooperative 915 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.