School district · Corson County, SD

McLaughlin School District 15-2's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), McLaughlin School District 15-2 took in $13.5 million and spent $11.7 million.

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

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Where it comes from

State tax money54%Federal tax money34%School district taxes11%Fines and other0.9%Fees for services (school lunches)0.5%

What stands out

34%

of McLaughlin School District 15-2's money comes from federal tax money.Most school districts with fewer than 5,000 students get none.

School district taxes11%

Property tax
11%$1.4 million
Other taxes
0.5%$74 thousand
What's in other taxesPublic utility taxes and other taxes not classified elsewhere
  • Public utility taxes$66 thousand
  • Other taxes not classified elsewhere$8 thousand

Amounts are by Census tax category.

Fees for services0.5%

Fees for services
0.5%$65 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$58 thousand
  • School lunches$7 thousand

Amounts are by Census type of charge.

Federal tax money34%

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

From the federal government
34%$4.5 million

State tax money54%

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

From the state
54%$7.2 million

Fines and other0.9%

Interest, rents and other
0.7%$97 thousand
Fines
0.2%$23 thousand

Where it goes

Schools and colleges100%Interest on debt0.3%

What stands out

100%

of McLaughlin School District 15-2'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%$11.7 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$11.7 million
Interest on debt
0.3%$36 thousand
Sources and moreWhere these numbers come from and what they cover

McLaughlin School District 15-2. 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 McLaughlin School District 15-2 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.