School district · Carver County, MN

Watertown Mayer School District 111's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Watertown Mayer School District 111 took in $29.1 million and spent $26.3 million.

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

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Where it comes from

State tax money63%School district taxes26%Fees for services (school tuition and transportation, school lunches)6.2%Fines and other5.0%County and local tax money0.4%

What stands out

6.2%

of Watertown Mayer School District 111's money comes from fees for services such as water, sewer and parking.A typical school district with fewer than 5,000 students gets 1.8%.

School district taxes26%

Property tax
26%$7.5 million

Fees for services6.2%

Fees for services
6.2%$1.8 million
What's in fees for servicesSchool tuition and transportation; other school charges and 1 more
  • School tuition and transportation$1.4 million
  • Other school charges$269 thousand
  • School lunches$133 thousand

Amounts are by Census type of charge.

State tax money63%

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

From the state
63%$18.2 million

County and local tax money0.4%

Money passed on by the county or other local governments.

From the county and other local governments
0.4%$105 thousand

Fines and other5.0%

Interest, rents and other
5.0%$1.5 million

Where it goes

Schools and colleges95%Interest on debt2.8%Sent to other local governments2.5%

Spending by category100%

Schools and colleges
95%$24.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$24.9 million
Interest on debt
2.8%$726 thousand
Sent to other local governments
2.5%$647 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$436 thousand
  • Sent to the state government$211 thousand
Sources and moreWhere these numbers come from and what they cover

Watertown Mayer School District 111. 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 Watertown Mayer School District 111 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.