School district · Hennepin County, MN

St. Louis Park Independent School District 283's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), St. Louis Park Independent School District 283 took in $116 million and spent $153 million.

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

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Where it comes from

State tax money50%School district taxes34%Fines and other7.6%Fees for services (school tuition and transportation)4.7%County and local tax money3.0%

What stands out

7.6%

of St. Louis Park Independent School District 283's money comes from interest, rents and other revenue.A typical school district with fewer than 5,000 students gets 3.2%.

School district taxes34%

Property tax

34%$39.9 million

Fees for services4.7%

Fees for services

4.7%$5.5 million

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

School tuition and transportation$4.8 million
Other school charges$648 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%$36 thousand

State tax money50%

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

From the state

50%$58.2 million

County and local tax money3.0%

Money passed on by the county or other local governments.

From the county and other local governments

3.0%$3.5 million

Fines and other7.6%

Interest, rents and other

7.6%$8.8 million

Where it goes

Schools and colleges91%Interest on debt7.9%Sent to other local governments0.7%

What stands out

7.9%

of St. Louis Park Independent School District 283'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

91%$140 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$140 million

Interest on debt

7.9%$12.2 million

Sent to other local governments

0.7%$1.1 million

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

Sent to school districts$739 thousand
Sent to the state government$371 thousand

Sources and moreWhere these numbers come from and what they cover

St. Louis Park Independent School District 283. 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. Louis Park Independent School District 283 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.