School district · Union County, SD

Beresford School District 61-2's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Beresford School District 61-2 took in $9.9 million and spent $9.4 million.

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

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Where it comes from

School district taxes51%State tax money41%Fees for services (school lunches, school tuition and transportation)5.3%Fines and other2.6%

What stands out

50%

of Beresford School District 61-2's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes51%

Property tax
50%$4.9 million
Other taxes
1.1%$106 thousand
What's in other taxesPublic utility taxes and other taxes not classified elsewhere
  • Public utility taxes$90 thousand
  • Other taxes not classified elsewhere$16 thousand

Amounts are by Census tax category.

Fees for services5.3%

Fees for services
5.3%$522 thousand
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$286 thousand
  • Other school charges$224 thousand
  • School tuition and transportation$12 thousand

Amounts are by Census type of charge.

State tax money41%

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

From the state
41%$4.1 million

Fines and other2.6%

Interest, rents and other
1.9%$188 thousand
Fines
0.7%$66 thousand

Where it goes

Schools and colleges100%Interest on debt0.1%

What stands out

100%

of Beresford School District 61-2'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
100%$9.4 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$9.4 million
Interest on debt
0.1%$12 thousand
Sources and moreWhere these numbers come from and what they cover

Beresford School District 61-2. 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 Beresford School District 61-2 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.