School district · Codington County, SD

Florence School District 14-1's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Florence School District 14-1 took in $4.8 million and spent $5.5 million.

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

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Where it comes from

State tax money66%School district taxes28%Fines and other3.0%Fees for services (school lunches, school tuition and transportation)2.5%Federal tax money0.8%

What stands out

66%

of Florence School District 14-1's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes28%

Property tax
27%$1.3 million
Other taxes
0.9%$44 thousand
What's in other taxesPublic utility taxes and other taxes not classified elsewhere
  • Public utility taxes$40 thousand
  • Other taxes not classified elsewhere$4 thousand

Amounts are by Census tax category.

Fees for services2.5%

Fees for services
2.5%$120 thousand
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$90 thousand
  • Other school charges$23 thousand
  • School tuition and transportation$7 thousand

Amounts are by Census type of charge.

Federal tax money0.8%

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

From the federal government
0.8%$36 thousand

State tax money66%

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

From the state
66%$3.1 million

Fines and other3.0%

Interest, rents and other
2.7%$129 thousand
Fines
0.3%$15 thousand

Where it goes

Schools and colleges98%Interest on debt1.9%

Spending by category100%

Schools and colleges
98%$5.4 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$5.4 million
Interest on debt
1.9%$107 thousand
Sources and moreWhere these numbers come from and what they cover

Florence School District 14-1. 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 Florence School District 14-1 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.