School district · LaMoure County, ND

Kulm Public School District #7's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Kulm Public School District #7 took in $3.6 million and spent $3.5 million.

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

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Where it comes from

State tax money50%School district taxes43%Fees for services (school lunches)3.5%Fines and other2.9%County and local tax money0.3%Federal tax money0.2%

What stands out

43%

of Kulm Public School District #7's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes43%

Property tax
43%$1.5 million

Fees for services3.5%

Fees for services
3.5%$125 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$92 thousand
  • School lunches$33 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%$6 thousand

State tax money50%

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

From the state
50%$1.8 million

County and local tax money0.3%

Money passed on by the county or other local governments.

From the county and other local governments
0.3%$10 thousand

Fines and other2.9%

Interest, rents and other
2.9%$103 thousand

Where it goes

Schools and colleges87%Interest on debt10%Sent to other local governments3.4%

What stands out

10%

of Kulm Public School District #7'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
87%$3.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$3.0 million
Interest on debt
10%$353 thousand
Sent to other local governments
3.4%$121 thousand
What's in sent to other local governmentsSent to the state government and sent to school districts
  • Sent to the state government$88 thousand
  • Sent to school districts$33 thousand
Sources and moreWhere these numbers come from and what they cover

Kulm Public School District #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 Kulm Public School District #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.