School district · Union County, SD

Dakota Valley School District 61-8's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Dakota Valley School District 61-8 took in $19.9 million and spent $17.6 million.

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

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Where it comes from

School district taxes66%State tax money29%Fees for services (school lunches, school tuition and transportation)3.5%Fines and other1.3%

What stands out

66%

of Dakota Valley School District 61-8's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes66%

Property tax
66%$13.0 million
Other taxes
0.3%$67 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$67 thousand

Amounts are by Census tax category.

Fees for services3.5%

Fees for services
3.5%$694 thousand
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$576 thousand
  • Other school charges$94 thousand
  • School tuition and transportation$24 thousand

Amounts are by Census type of charge.

State tax money29%

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

From the state
29%$5.8 million

Fines and other1.3%

Fines
0.9%$181 thousand
Interest, rents and other
0.4%$77 thousand

Where it goes

Schools and colleges95%Interest on debt4.7%

What stands out

4.7%

of Dakota Valley School District 61-8'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
95%$16.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$16.8 million
Interest on debt
4.7%$830 thousand
Sent to other local governments
<0.1%$4 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$4 thousand
Sources and moreWhere these numbers come from and what they cover

Dakota Valley School District 61-8. 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 Dakota Valley School District 61-8 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.