School district · Lake County, SD

Madison Central School District 39-2's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Madison Central School District 39-2 took in $17.0 million and spent $14.4 million.

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

See every government that serves your ZIP

Where it comes from

School district taxes58%State tax money37%Fees for services (school lunches, school tuition and transportation)3.0%Fines and other1.8%County and local tax money0.3%Federal tax money<0.1%

What stands out

57%

of Madison Central School District 39-2's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes58%

Property tax
57%$9.6 million
Other taxes
1.1%$181 thousand
What's in other taxesPublic utility taxes and other taxes not classified elsewhere
  • Public utility taxes$163 thousand
  • Other taxes not classified elsewhere$18 thousand

Amounts are by Census tax category.

Fees for services3.0%

Fees for services
3.0%$510 thousand
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$333 thousand
  • Other school charges$161 thousand
  • School tuition and transportation$16 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%$11 thousand

State tax money37%

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

From the state
37%$6.3 million

County and local tax money0.3%

Money passed on by the county or other local governments.

From the county and other local governments
0.3%$48 thousand

Fines and other1.8%

Interest, rents and other
1.5%$248 thousand
Fines
0.4%$62 thousand

Where it goes

Schools and colleges99%Interest on debt0.6%

Spending by category100%

Schools and colleges
99%$14.3 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$14.3 million
Interest on debt
0.6%$93 thousand
Sources and moreWhere these numbers come from and what they cover

Madison Central School District 39-2. 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 Madison Central School District 39-2 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.