School district · Clay County, SD

Vermillion School District 13-1's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Vermillion School District 13-1 took in $21.9 million and spent $37.7 million.

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

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Where it comes from

School district taxes46%State tax money45%Fines and other4.9%Fees for services (school lunches, school tuition and transportation)3.1%Federal tax money0.8%County and local tax money0.2%

What stands out

45%

of Vermillion School District 13-1's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes46%

Property tax
45%$9.8 million
Other taxes
0.9%$195 thousand
What's in other taxesPublic utility taxes and other taxes not classified elsewhere
  • Public utility taxes$181 thousand
  • Other taxes not classified elsewhere$14 thousand

Amounts are by Census tax category.

Fees for services3.1%

Fees for services
3.1%$679 thousand
What's in fees for servicesSchool lunches; school tuition and transportation and 1 more
  • School lunches$455 thousand
  • School tuition and transportation$149 thousand
  • Other school charges$75 thousand

Amounts are by Census type of charge.

Federal tax money0.8%

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

From the federal government
0.8%$173 thousand

State tax money45%

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

From the state
45%$9.9 million

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments
0.2%$45 thousand

Fines and other4.9%

Interest, rents and other
4.3%$944 thousand
Fines
0.6%$133 thousand

Where it goes

Schools and colleges97%Interest on debt3.3%

Spending by category100%

Schools and colleges
97%$36.4 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$36.4 million
Interest on debt
3.3%$1.3 million
Sources and moreWhere these numbers come from and what they cover

Vermillion School District 13-1. 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 Vermillion School District 13-1 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.