School district · McHenry County, ND

Drake School District 57's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Drake School District 57 took in $2.3 million and spent $2.2 million.

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

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Where it comes from

State tax money52%School district taxes25%County and local tax money9.2%Fees for services (school lunches)8.9%Federal tax money3.2%Fines and other0.9%

What stands out

9.2%

of Drake School District 57'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 taxes25%

Property tax

25%$580 thousand

Fees for services8.9%

Fees for services

8.9%$203 thousand

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

Other school charges$177 thousand
School lunches$26 thousand

Amounts are by Census type of charge.

Federal tax money3.2%

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

From the federal government

3.2%$72 thousand

State tax money52%

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

From the state

52%$1.2 million

County and local tax money9.2%

Money passed on by the county or other local governments.

From the county and other local governments

9.2%$210 thousand

Fines and other0.9%

Interest, rents and other

0.9%$20 thousand

Where it goes

Schools and colleges96%Sent to other local governments3.5%

Spending by category100%

Schools and colleges

96%$2.1 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$2.1 million

Sent to other local governments

3.5%$77 thousand

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

Sent to school districts$77 thousand

Sources and moreWhere these numbers come from and what they cover

Drake School District 57. 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 Drake School District 57 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.