School district · Minnehaha County, SD

Sioux Falls School District 49-5's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Sioux Falls School District 49-5 took in $376 million and spent $353 million.

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

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Where it comes from

State tax money45%School district taxes43%Fines and other6.1%Fees for services (school lunches, school tuition and transportation)4.4%Federal tax money1.1%County and local tax money0.1%

What stands out

43%

of Sioux Falls School District 49-5's money comes from property tax.A typical school district with 25,000+ students gets 33%.

School district taxes43%

Property tax
43%$161 million
Other taxes
0.6%$2.1 million
What's in other taxesPublic utility taxes and other taxes not classified elsewhere
  • Public utility taxes$1.3 million
  • Other taxes not classified elsewhere$799 thousand

Amounts are by Census tax category.

Fees for services4.4%

Fees for services
4.4%$16.7 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$6.3 million
  • School lunches$5.6 million
  • School tuition and transportation$4.9 million

Amounts are by Census type of charge.

Federal tax money1.1%

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

From the federal government
1.1%$4.0 million

State tax money45%

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

From the state
45%$169 million

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%$454 thousand

Fines and other6.1%

Interest, rents and other
5.9%$22.2 million
Fines
0.2%$837 thousand

Where it goes

Schools and colleges98%Interest on debt2.0%

Spending by category100%

Schools and colleges
98%$346 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$346 million
Interest on debt
2.0%$7.1 million
Sources and moreWhere these numbers come from and what they cover

Sioux Falls School District 49-5. 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 Sioux Falls School District 49-5 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.