School district · Union County, SD

Elk Point-Jefferson School District 61-7's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Elk Point-Jefferson School District 61-7 took in $8.8 million and spent $8.9 million.

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

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Where it comes from

School district taxes50%State tax money42%Fees for services (school lunches, school tuition and transportation)4.5%Fines and other3.3%County and local tax money0.2%

What stands out

49%

of Elk Point-Jefferson School District 61-7's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes50%

Property tax
49%$4.3 million
Other taxes
1.3%$116 thousand
What's in other taxesPublic utility taxes and other taxes not classified elsewhere
  • Public utility taxes$110 thousand
  • Other taxes not classified elsewhere$6 thousand

Amounts are by Census tax category.

Fees for services4.5%

Fees for services
4.5%$393 thousand
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$313 thousand
  • Other school charges$71 thousand
  • School tuition and transportation$9 thousand

Amounts are by Census type of charge.

State tax money42%

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

From the state
42%$3.7 million

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments
0.2%$21 thousand

Fines and other3.3%

Interest, rents and other
2.2%$194 thousand
Fines
1.1%$96 thousand

Where it goes

Schools and colleges100%

What stands out

100%

of Elk Point-Jefferson School District 61-7'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%$8.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$8.9 million
Sent to other local governments
<0.1%$2 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$2 thousand
Sources and moreWhere these numbers come from and what they cover

Elk Point-Jefferson School District 61-7. 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 Elk Point-Jefferson School District 61-7 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.