School district · McHenry County, ND

Tgu School District #60's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Tgu School District #60 took in $7.8 million and spent $7.6 million.

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

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Where it comes from

State tax money68%School district taxes24%Fees for services (school lunches, school tuition and transportation)5.4%County and local tax money1.4%Federal tax money1.0%Fines and other0.4%

What stands out

5.4%

of Tgu School District #60's money comes from fees for services such as water, sewer and parking.A typical school district with fewer than 5,000 students gets 1.8%.

School district taxes24%

Property tax
24%$1.9 million

Fees for services5.4%

Fees for services
5.4%$422 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$260 thousand
  • School lunches$159 thousand
  • School tuition and transportation$3 thousand

Amounts are by Census type of charge.

Federal tax money1.0%

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

From the federal government
1.0%$78 thousand

State tax money68%

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

From the state
68%$5.3 million

County and local tax money1.4%

Money passed on by the county or other local governments.

From the county and other local governments
1.4%$107 thousand

Fines and other0.4%

Interest, rents and other
0.4%$32 thousand

Where it goes

Schools and colleges93%Sent to other local governments3.6%Interest on debt3.3%

What stands out

93%

of Tgu School District #60's spending goes to schools and colleges.A typical school district with fewer than 5,000 students spends 97%.

Spending by category100%

Schools and colleges
93%$7.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$7.1 million
Sent to other local governments
3.6%$274 thousand
What's in sent to other local governmentsSent to the state government and sent to school districts
  • Sent to the state government$153 thousand
  • Sent to school districts$121 thousand
Interest on debt
3.3%$247 thousand
Sources and moreWhere these numbers come from and what they cover

Tgu School District #60. 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 Tgu School District #60 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.