School district · Morrison County, MN

Upsala Area Schools 487's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Upsala Area Schools 487 took in $5.9 million and spent $8.3 million.

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

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Where it comes from

State tax money75%School district taxes15%Fines and other5.1%Fees for services (school lunches, school tuition and transportation)2.2%County and local tax money1.8%Federal tax money0.7%

What stands out

15%

of Upsala Area Schools 487's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes15%

Property tax
15%$901 thousand

Fees for services2.2%

Fees for services
2.2%$132 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$100 thousand
  • School lunches$16 thousand
  • School tuition and transportation$16 thousand

Amounts are by Census type of charge.

Federal tax money0.7%

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

From the federal government
0.7%$42 thousand

State tax money75%

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

From the state
75%$4.4 million

County and local tax money1.8%

Money passed on by the county or other local governments.

From the county and other local governments
1.8%$105 thousand

Fines and other5.1%

Interest, rents and other
5.1%$304 thousand

Where it goes

Schools and colleges92%Sent to other local governments4.5%Interest on debt3.1%

What stands out

4.5%

of Upsala Area Schools 487's spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.

Spending by category100%

Schools and colleges
92%$7.6 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$7.6 million
Sent to other local governments
4.5%$373 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$372 thousand
  • Sent to the state government$1 thousand
Interest on debt
3.1%$255 thousand
Sources and moreWhere these numbers come from and what they cover

Upsala Area Schools 487. 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 Upsala Area Schools 487 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.