School district · Lincoln County, SD

Canton School District 41-1's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Canton School District 41-1 took in $12.8 million and spent $11.3 million.

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

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Where it comes from

School district taxes57%State tax money38%Fees for services (school lunches)3.1%Fines and other2.0%

What stands out

55%

of Canton School District 41-1's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes57%

Property tax
55%$7.0 million
Other taxes
2.4%$307 thousand
What's in other taxesPublic utility taxes and other taxes not classified elsewhere
  • Public utility taxes$296 thousand
  • Other taxes not classified elsewhere$11 thousand

Amounts are by Census tax category.

Fees for services3.1%

Fees for services
3.1%$399 thousand
What's in fees for servicesSchool lunches and other school charges
  • School lunches$236 thousand
  • Other school charges$163 thousand

Amounts are by Census type of charge.

State tax money38%

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

From the state
38%$4.8 million

Fines and other2.0%

Interest, rents and other
1.7%$222 thousand
Fines
0.2%$27 thousand

Where it goes

Schools and colleges98%Interest on debt2.1%

Spending by category100%

Schools and colleges
98%$11.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$11.1 million
Interest on debt
2.1%$239 thousand
Sources and moreWhere these numbers come from and what they cover

Canton School District 41-1. 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 Canton School District 41-1 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.