School district · Haakon County, SD

Haakon School District 27-1's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Haakon School District 27-1 took in $5.5 million and spent $5.0 million.

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

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Where it comes from

School district taxes49%State tax money45%Fines and other3.8%Fees for services (school lunches)2.1%Federal tax money0.2%

What stands out

46%

of Haakon School District 27-1's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes49%

Property tax
46%$2.5 million
Other taxes
2.2%$119 thousand
What's in other taxesPublic utility taxes and other taxes not classified elsewhere
  • Public utility taxes$115 thousand
  • Other taxes not classified elsewhere$4 thousand

Amounts are by Census tax category.

Fees for services2.1%

Fees for services
2.1%$115 thousand
What's in fees for servicesSchool lunches and other school charges
  • School lunches$82 thousand
  • Other school charges$33 thousand

Amounts are by Census type of charge.

Federal tax money0.2%

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

From the federal government
0.2%$12 thousand

State tax money45%

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

From the state
45%$2.5 million

Fines and other3.8%

Interest, rents and other
3.5%$190 thousand
Fines
0.3%$17 thousand

Where it goes

Schools and colleges96%Interest on debt3.4%Sent to other local governments0.2%

Spending by category100%

Schools and colleges
96%$4.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$4.9 million
Interest on debt
3.4%$172 thousand
Sent to other local governments
0.2%$9 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$9 thousand
Sources and moreWhere these numbers come from and what they cover

Haakon School District 27-1. 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 Haakon School District 27-1 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.