School district · Olmsted County, MN

Zumbro Education District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2023), Zumbro Education District took in $10.9 million and spent $10.9 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

State tax money69%County and local tax money29%Fines and other1.3%Fees for services (school tuition and transportation)0.2%

What stands out

69%

of Zumbro Education District's money comes from state tax money.A typical vocational school or education service agency gets 41%.

Fees for services0.2%

Fees for services
0.2%$18 thousand
What's in fees for servicesSchool tuition and transportation and other school charges
  • School tuition and transportation$13 thousand
  • Other school charges$5 thousand

Amounts are by Census type of charge.

State tax money69%

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

From the state
69%$7.6 million

County and local tax money29%

Money passed on by the county or other local governments.

From the county and other local governments
29%$3.2 million

Fines and other1.3%

Interest, rents and other
1.3%$142 thousand

Where it goes

Schools and colleges95%Interest on debt4.6%Sent to other local governments0.3%

What stands out

4.6%

of Zumbro Education District's spending goes to interest on debt.Most vocational schools and education service agencies spend nothing on this.

Spending by category100%

Schools and colleges
95%$10.3 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$10.3 million
Interest on debt
4.6%$503 thousand
Sent to other local governments
0.3%$35 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$28 thousand
  • Sent to the state government$7 thousand
Sources and moreWhere these numbers come from and what they cover

Zumbro Education District. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of Zumbro Education District 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.