School district · Lawrence County, MO

Verona School District R 7's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Verona School District R 7 took in $5.8 million and spent $5.9 million.

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

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Where it comes from

State tax money67%School district taxes25%Fines and other5.5%Fees for services (school lunches)2.2%Federal tax money0.4%

What stands out

67%

of Verona School District R 7's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes25%

Property tax
25%$1.4 million
Other taxes
0.4%$22 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$22 thousand

Amounts are by Census tax category.

Fees for services2.2%

Fees for services
2.2%$128 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$123 thousand
  • School lunches$5 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%$24 thousand

State tax money67%

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

From the state
67%$3.8 million

Fines and other5.5%

Interest, rents and other
5.3%$307 thousand
Fines
0.2%$12 thousand

Where it goes

Schools and colleges96%Interest on debt3.1%Sent to other local governments1.3%

Spending by category100%

Schools and colleges
96%$5.6 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$5.6 million
Interest on debt
3.1%$181 thousand
Sent to other local governments
1.3%$79 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$79 thousand
Sources and moreWhere these numbers come from and what they cover

Verona School District R 7. 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 Verona School District R 7 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.