School district · Cass County, MO

Midway School District R-1's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Midway School District R-1 took in $7.9 million and spent $6.7 million.

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

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Where it comes from

School district taxes50%State tax money43%Fines and other3.3%Fees for services (school lunches, school tuition and transportation)3.2%Federal tax money0.4%

What stands out

50%

of Midway School District R-1's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes50%

Property tax
50%$3.9 million
Other taxes
<0.1%$4 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$4 thousand

Amounts are by Census tax category.

Fees for services3.2%

Fees for services
3.2%$254 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$167 thousand
  • School lunches$84 thousand
  • School tuition and transportation$3 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%$34 thousand

State tax money43%

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

From the state
43%$3.4 million

Fines and other3.3%

Interest, rents and other
3.2%$250 thousand
Fines
<0.1%$7 thousand

Where it goes

Schools and colleges96%Interest on debt2.6%Sent to other local governments1.2%

Spending by category100%

Schools and colleges
96%$6.5 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$6.5 million
Interest on debt
2.6%$173 thousand
Sent to other local governments
1.2%$84 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$84 thousand
Sources and moreWhere these numbers come from and what they cover

Midway School District R-1. 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 Midway School District R-1 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.