School district · Lincoln County, MT

McCormick Elementary District 15's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), McCormick Elementary District 15 took in $507 thousand and spent $492 thousand.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

State tax money76%School district taxes16%County and local tax money5.7%Fines and other2.2%Federal tax money0.4%

What stands out

5.7%

of McCormick Elementary District 15's money comes from county and other local tax money.A typical school district with fewer than 5,000 students gets 1.1%.

School district taxes16%

Property tax

16%$82 thousand

Federal tax money0.4%

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

From the federal government

0.4%$2 thousand

State tax money76%

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

From the state

76%$383 thousand

County and local tax money5.7%

Money passed on by the county or other local governments.

From the county and other local governments

5.7%$29 thousand

Fines and other2.2%

Interest, rents and other

2.2%$11 thousand

Where it goes

Schools and colleges99%Sent to other local governments0.8%

Spending by category100%

Schools and colleges

99%$488 thousand

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$488 thousand

Sent to other local governments

0.8%$4 thousand

What's in sent to other local governmentsSent to school districts

Sent to school districts$4 thousand

Sources and moreWhere these numbers come from and what they cover

McCormick Elementary District 15. 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 McCormick Elementary District 15 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.