School district · Faulk County, SD

Faulkton School District 24-4's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Faulkton School District 24-4 took in $6.3 million and spent $5.4 million.

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

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Where it comes from

School district taxes65%State tax money31%Fees for services (school lunches, school tuition and transportation)3.1%Fines and other0.7%Federal tax money<0.1%

What stands out

63%

of Faulkton School District 24-4's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes65%

Property tax
63%$4.0 million
Other taxes
2.0%$125 thousand
What's in other taxesPublic utility taxes and other taxes not classified elsewhere
  • Public utility taxes$119 thousand
  • Other taxes not classified elsewhere$6 thousand

Amounts are by Census tax category.

Fees for services3.1%

Fees for services
3.1%$197 thousand
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$146 thousand
  • Other school charges$41 thousand
  • School tuition and transportation$10 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$4 thousand

State tax money31%

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

From the state
31%$1.9 million

Fines and other0.7%

Interest, rents and other
0.4%$24 thousand
Fines
0.3%$20 thousand

Where it goes

Schools and colleges94%Interest on debt6.0%

What stands out

6%

of Faulkton School District 24-4'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
94%$5.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$5.1 million
Interest on debt
6.0%$328 thousand
Sources and moreWhere these numbers come from and what they cover

Faulkton School District 24-4. 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 Faulkton School District 24-4 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.