School district · New Madrid County, MO

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

In the latest recorded fiscal year (ended June 30, 2024), New Madrid School District R-1 took in $22.4 million and spent $24.7 million.

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

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Where it comes from

School district taxes59%State tax money36%Fines and other2.5%Fees for services (school tuition and transportation, school lunches)1.5%Federal tax money0.9%County and local tax money0.2%

What stands out

56%

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

School district taxes59%

Property tax
56%$12.6 million
Other taxes
3.1%$696 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$696 thousand

Amounts are by Census tax category.

Fees for services1.5%

Fees for services
1.5%$329 thousand
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$237 thousand
  • School tuition and transportation$65 thousand
  • School lunches$27 thousand

Amounts are by Census type of charge.

Federal tax money0.9%

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

From the federal government
0.9%$199 thousand

State tax money36%

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

From the state
36%$8.0 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%$38 thousand

Fines and other2.5%

Interest, rents and other
1.8%$406 thousand
Fines
0.7%$156 thousand

Where it goes

Schools and colleges98%Interest on debt1.6%Sent to other local governments0.8%

Spending by category100%

Schools and colleges
98%$24.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$24.1 million
Interest on debt
1.6%$390 thousand
Sent to other local governments
0.8%$186 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$186 thousand
Sources and moreWhere these numbers come from and what they cover

New Madrid 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 New Madrid 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.