School district · Gallatin County, MT

Monforton Elementary District 27's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Monforton Elementary District 27 took in $8.5 million and spent $7.4 million.

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

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Where it comes from

State tax money42%School district taxes38%County and local tax money8.7%Fines and other5.5%Fees for services (school lunches)4.8%Federal tax money1.1%

What stands out

8.7%

of Monforton Elementary District 27'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 taxes38%

Property tax

38%$3.2 million

Fees for services4.8%

Fees for services

4.8%$408 thousand

What's in fees for servicesOther school charges and school lunches

Other school charges$228 thousand
School lunches$180 thousand

Amounts are by Census type of charge.

Federal tax money1.1%

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

From the federal government

1.1%$92 thousand

State tax money42%

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

From the state

42%$3.5 million

County and local tax money8.7%

Money passed on by the county or other local governments.

From the county and other local governments

8.7%$740 thousand

Fines and other5.5%

Interest, rents and other

5.5%$466 thousand

Where it goes

Schools and colleges92%Interest on debt8.2%Sent to other local governments0.2%

What stands out

8.2%

of Monforton Elementary District 27's spending goes to interest on debt.A typical school district with fewer than 5,000 students spends 0.9%.

Spending by category100%

Schools and colleges

92%$6.8 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$6.8 million

Interest on debt

8.2%$612 thousand

Sent to other local governments

0.2%$12 thousand

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

Sent to school districts$12 thousand

Sources and moreWhere these numbers come from and what they cover

Monforton Elementary District 27. 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 Monforton Elementary District 27 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.