School district · Iron County, MO

South Iron School District R 1's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), South Iron School District R 1 took in $5.1 million and spent $5.0 million.

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

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Where it comes from

State tax money50%School district taxes43%Fees for services (school lunches)3.2%Fines and other2.7%County and local tax money1.3%Federal tax money0.3%

What stands out

40%

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

School district taxes43%

Property tax
40%$2.1 million
Other taxes
2.4%$121 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$121 thousand

Amounts are by Census tax category.

Fees for services3.2%

Fees for services
3.2%$162 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$152 thousand
  • School lunches$10 thousand

Amounts are by Census type of charge.

Federal tax money0.3%

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

From the federal government
0.3%$14 thousand

State tax money50%

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

From the state
50%$2.6 million

County and local tax money1.3%

Money passed on by the county or other local governments.

From the county and other local governments
1.3%$65 thousand

Fines and other2.7%

Interest, rents and other
2.6%$132 thousand
Fines
0.1%$7 thousand

Where it goes

Schools and colleges98%Sent to other local governments1.7%

Spending by category100%

Schools and colleges
98%$4.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$4.9 million
Sent to other local governments
1.7%$82 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$82 thousand
Sources and moreWhere these numbers come from and what they cover

South Iron 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 South Iron 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.