School district · Gallatin County, MT

Three Forks Public Schools's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Three Forks Public Schools took in $11.7 million and spent $14.2 million.

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

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Where it comes from

State tax money53%School district taxes30%County and local tax money8.7%Fees for services (school lunches, school tuition and transportation)4.2%Fines and other3.9%Federal tax money0.2%

What stands out

8.7%

of Three Forks Public Schools' money comes from county and other local tax money.A typical school district with fewer than 5,000 students gets 1.1%.

School district taxes30%

Property tax
30%$3.5 million

Fees for services4.2%

Fees for services
4.2%$492 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$262 thousand
  • School lunches$143 thousand
  • School tuition and transportation$87 thousand

Amounts are by Census type of charge.

Federal tax money0.2%

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

From the federal government
0.2%$29 thousand

State tax money53%

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

From the state
53%$6.2 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%$1.0 million

Fines and other3.9%

Interest, rents and other
3.9%$454 thousand

Where it goes

Schools and colleges92%Interest on debt6.6%Sent to other local governments1.1%

What stands out

6.6%

of Three Forks Public Schools' 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%$13.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$13.1 million
Interest on debt
6.6%$934 thousand
Sent to other local governments
1.1%$157 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$157 thousand
Sources and moreWhere these numbers come from and what they cover

Three Forks Public Schools. 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 Three Forks Public Schools 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.