School district · Potter County, SD

Hoven School District 53-2's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Hoven School District 53-2 took in $2.9 million and spent $2.6 million.

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

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Where it comes from

School district taxes79%State tax money16%Fines and other3.3%Fees for services (school lunches)1.8%County and local tax money0.1%

What stands out

75%

of Hoven School District 53-2's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes79%

Property tax
75%$2.2 million
Other taxes
3.5%$101 thousand
What's in other taxesPublic utility taxes and other taxes not classified elsewhere
  • Public utility taxes$95 thousand
  • Other taxes not classified elsewhere$6 thousand

Amounts are by Census tax category.

Fees for services1.8%

Fees for services
1.8%$51 thousand
What's in fees for servicesSchool lunches and other school charges
  • School lunches$43 thousand
  • Other school charges$8 thousand

Amounts are by Census type of charge.

State tax money16%

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

From the state
16%$450 thousand

County and local tax money0.1%

Money passed on by the county or other local governments.

From the county and other local governments
0.1%$4 thousand

Fines and other3.3%

Interest, rents and other
2.9%$84 thousand
Fines
0.3%$9 thousand

Where it goes

Schools and colleges100%

What stands out

100%

of Hoven School District 53-2'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%$2.6 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$2.6 million
Sources and moreWhere these numbers come from and what they cover

Hoven School District 53-2. 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 Hoven School District 53-2 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.