School district · Stearns County, MN

St. Cloud Independent School District 742's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), St. Cloud Independent School District 742 took in $210 million and spent $209 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

State tax money80%School district taxes16%Fines and other3.1%Fees for services (school tuition and transportation, school lunches)0.7%County and local tax money0.5%

What stands out

80%

of St. Cloud Independent School District 742's money comes from state tax money.A typical school district with 5,000 to 25,000 students gets 59%.

School district taxes16%

Property tax

16%$32.7 million

Fees for services0.7%

Fees for services

0.7%$1.5 million

What's in fees for servicesSchool tuition and transportation; other school charges and 1 more

School tuition and transportation$666 thousand
Other school charges$648 thousand
School lunches$214 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government

<0.1%$64 thousand

State tax money80%

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

From the state

80%$168 million

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments

0.5%$1.1 million

Fines and other3.1%

Interest, rents and other

3.1%$6.6 million

Where it goes

Schools and colleges94%Interest on debt4.4%Sent to other local governments1.4%

Spending by category100%

Schools and colleges

94%$197 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$197 million

Interest on debt

4.4%$9.1 million

Sent to other local governments

1.4%$3.0 million

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

Sent to school districts$1.7 million
Sent to the state government$1.3 million

Sources and moreWhere these numbers come from and what they cover

St. Cloud Independent School District 742. 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 St. Cloud Independent School District 742 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.