School district · Dewey County, SD

Timber Lake School District 20-3's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Timber Lake School District 20-3 took in $9.7 million and spent $9.5 million.

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

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Where it comes from

State tax money47%Federal tax money38%School district taxes11%Fines and other2.5%Fees for services (school lunches)1.5%

What stands out

38%

of Timber Lake School District 20-3's money comes from federal tax money.Most school districts with fewer than 5,000 students get none.

School district taxes11%

Property tax
11%$1.0 million
Other taxes
0.5%$45 thousand
What's in other taxesPublic utility taxes and other taxes not classified elsewhere
  • Public utility taxes$42 thousand
  • Other taxes not classified elsewhere$3 thousand

Amounts are by Census tax category.

Fees for services1.5%

Fees for services
1.5%$142 thousand
What's in fees for servicesSchool lunches and other school charges
  • School lunches$104 thousand
  • Other school charges$38 thousand

Amounts are by Census type of charge.

Federal tax money38%

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

From the federal government
38%$3.7 million

State tax money47%

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

From the state
47%$4.6 million

Fines and other2.5%

Interest, rents and other
2.5%$242 thousand
Fines
<0.1%$3 thousand

Where it goes

Schools and colleges100%

What stands out

100%

of Timber Lake School District 20-3'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%$9.5 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$9.5 million
Sources and moreWhere these numbers come from and what they cover

Timber Lake School District 20-3. 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 Timber Lake School District 20-3 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.