School district · Stone County, MO

Galena School District R 2's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Galena School District R 2 took in $7.1 million and spent $6.7 million.

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

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Where it comes from

State tax money65%School district taxes27%Fines and other4.5%Fees for services (school lunches)2.3%Federal tax money0.8%County and local tax money0.2%

What stands out

65%

of Galena School District R 2's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes27%

Property tax
27%$1.9 million
Other taxes
0.3%$18 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$18 thousand

Amounts are by Census tax category.

Fees for services2.3%

Fees for services
2.3%$166 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$121 thousand
  • School lunches$45 thousand

Amounts are by Census type of charge.

Federal tax money0.8%

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

From the federal government
0.8%$58 thousand

State tax money65%

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

From the state
65%$4.6 million

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments
0.2%$11 thousand

Fines and other4.5%

Interest, rents and other
4.4%$310 thousand
Fines
<0.1%$7 thousand

Where it goes

Schools and colleges98%Sent to other local governments1.2%Interest on debt0.9%

Spending by category100%

Schools and colleges
98%$6.6 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$6.6 million
Sent to other local governments
1.2%$80 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$80 thousand
Interest on debt
0.9%$62 thousand
Sources and moreWhere these numbers come from and what they cover

Galena School District R 2. 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 Galena School District R 2 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.