School district · Mower County, MN

Southland School District 500's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Southland School District 500 took in $10.7 million and spent $9.8 million.

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

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Where it comes from

State tax money67%School district taxes23%Fines and other5.5%Fees for services (school lunches, school tuition and transportation)2.5%County and local tax money1.7%Federal tax money0.4%

What stands out

67%

of Southland School District 500's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes23%

Property tax
23%$2.5 million

Fees for services2.5%

Fees for services
2.5%$271 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$167 thousand
  • School lunches$89 thousand
  • School tuition and transportation$15 thousand

Amounts are by Census type of charge.

Federal tax money0.4%

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

From the federal government
0.4%$42 thousand

State tax money67%

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

From the state
67%$7.1 million

County and local tax money1.7%

Money passed on by the county or other local governments.

From the county and other local governments
1.7%$176 thousand

Fines and other5.5%

Interest, rents and other
5.5%$591 thousand

Where it goes

Schools and colleges87%Interest on debt6.9%Sent to other local governments6.3%

What stands out

6.9%

of Southland School District 500'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
87%$8.5 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$8.5 million
Interest on debt
6.9%$676 thousand
Sent to other local governments
6.3%$616 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$399 thousand
  • Sent to the state government$217 thousand
Sources and moreWhere these numbers come from and what they cover

Southland School District 500. 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 Southland School District 500 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.