School district · Daviess County, MO

Gallatin School District R 5's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Gallatin School District R 5 took in $7.5 million and spent $7.8 million.

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

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Where it comes from

State tax money55%School district taxes36%Fees for services (school lunches)5.3%Fines and other2.4%Federal tax money1.0%

What stands out

5.3%

of Gallatin School District R 5'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 taxes36%

Property tax
35%$2.7 million
Other taxes
0.5%$41 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$41 thousand

Amounts are by Census tax category.

Fees for services5.3%

Fees for services
5.3%$399 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$305 thousand
  • School lunches$94 thousand

Amounts are by Census type of charge.

Federal tax money1.0%

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

From the federal government
1.0%$75 thousand

State tax money55%

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

From the state
55%$4.2 million

Fines and other2.4%

Interest, rents and other
2.4%$183 thousand

Where it goes

Schools and colleges100%Sent to other local governments0.4%

Spending by category100%

Schools and colleges
100%$7.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$7.8 million
Sent to other local governments
0.4%$29 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$29 thousand
Sources and moreWhere these numbers come from and what they cover

Gallatin School District R 5. 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 Gallatin School District R 5 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.