School district · Franklin County, MO

Meramec Valley School District R 3's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Meramec Valley School District R 3 took in $51.8 million and spent $43.7 million.

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

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Where it comes from

State tax money46%School district taxes44%Fines and other4.7%Fees for services (school lunches)4.4%Federal tax money0.4%County and local tax money0.2%

What stands out

44%

of Meramec Valley School District R 3's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes44%

Property tax
44%$22.9 million
Other taxes
0.2%$112 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$112 thousand

Amounts are by Census tax category.

Fees for services4.4%

Fees for services
4.4%$2.3 million
What's in fees for servicesOther school charges and school lunches
  • Other school charges$1.6 million
  • School lunches$693 thousand

Amounts are by Census type of charge.

Federal tax money0.4%

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

From the federal government
0.4%$184 thousand

State tax money46%

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

From the state
46%$23.8 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%$103 thousand

Fines and other4.7%

Interest, rents and other
4.5%$2.3 million
Fines
0.2%$105 thousand

Where it goes

Schools and colleges96%Interest on debt3.0%Sent to other local governments0.8%

Spending by category100%

Schools and colleges
96%$42.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$42.1 million
Interest on debt
3.0%$1.3 million
Sent to other local governments
0.8%$340 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$340 thousand
Sources and moreWhere these numbers come from and what they cover

Meramec Valley School District R 3. 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 Meramec Valley School District R 3 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.