School district · Faribault County, MN

United South Central School Dt's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), United South Central School Dt took in $15.8 million and spent $13.3 million.

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

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Where it comes from

State tax money77%School district taxes17%Fines and other4.0%Fees for services (school lunches, school tuition and transportation)1.6%County and local tax money0.5%

What stands out

77%

of United South Central School Dt's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes17%

Property tax

17%$2.7 million

Fees for services1.6%

Fees for services

1.6%$260 thousand

What's in fees for servicesOther school charges; school lunches and 1 more

Other school charges$151 thousand
School lunches$93 thousand
School tuition and transportation$16 thousand

Amounts are by Census type of charge.

State tax money77%

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

From the state

77%$12.1 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%$72 thousand

Fines and other4.0%

Interest, rents and other

4.0%$636 thousand

Where it goes

Schools and colleges95%Sent to other local governments3.2%Interest on debt1.5%

Spending by category100%

Schools and colleges

95%$12.7 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$12.7 million

Sent to other local governments

3.2%$429 thousand

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

Sent to school districts$416 thousand
Sent to the state government$13 thousand

Interest on debt

1.5%$206 thousand

Sources and moreWhere these numbers come from and what they cover

United South Central School Dt. 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 United South Central School Dt 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.