School district · Lyman County, SD

Lyman School District 42-1's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Lyman School District 42-1 took in $7.9 million and spent $6.4 million.

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

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Where it comes from

State tax money38%School district taxes38%Federal tax money17%Fines and other4.3%Fees for services (school lunches, school tuition and transportation)2.0%

What stands out

17%

of Lyman School District 42-1's money comes from federal tax money.Most school districts with fewer than 5,000 students get none.

School district taxes38%

Property tax
35%$2.8 million
Other taxes
3.1%$247 thousand
What's in other taxesPublic utility taxes and other taxes not classified elsewhere
  • Public utility taxes$241 thousand
  • Other taxes not classified elsewhere$6 thousand

Amounts are by Census tax category.

Fees for services2.0%

Fees for services
2.0%$157 thousand
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$86 thousand
  • Other school charges$66 thousand
  • School tuition and transportation$5 thousand

Amounts are by Census type of charge.

Federal tax money17%

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

From the federal government
17%$1.3 million

State tax money38%

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

From the state
38%$3.0 million

Fines and other4.3%

Interest, rents and other
3.6%$284 thousand
Fines
0.7%$55 thousand

Where it goes

Schools and colleges99%Interest on debt0.9%

Spending by category100%

Schools and colleges
99%$6.4 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$6.4 million
Interest on debt
0.9%$57 thousand
Sources and moreWhere these numbers come from and what they cover

Lyman School District 42-1. 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 Lyman School District 42-1 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.