School district · Sanborn County, SD

Woonsocket School District 55-4's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Woonsocket School District 55-4 took in $4.2 million and spent $4.7 million.

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

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Where it comes from

State tax money45%School district taxes43%Fees for services (school tuition and transportation, school lunches)6.3%Fines and other4.9%Federal tax money0.2%

What stands out

42%

of Woonsocket School District 55-4's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes43%

Property tax
42%$1.8 million
Other taxes
1.0%$44 thousand
What's in other taxesPublic utility taxes and other taxes not classified elsewhere
  • Public utility taxes$37 thousand
  • Other taxes not classified elsewhere$7 thousand

Amounts are by Census tax category.

Fees for services6.3%

Fees for services
6.3%$264 thousand
What's in fees for servicesSchool tuition and transportation; school lunches and 1 more
  • School tuition and transportation$131 thousand
  • School lunches$117 thousand
  • Other school charges$16 thousand

Amounts are by Census type of charge.

Federal tax money0.2%

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

From the federal government
0.2%$10 thousand

State tax money45%

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

From the state
45%$1.9 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$1 thousand

Fines and other4.9%

Interest, rents and other
4.6%$192 thousand
Fines
0.4%$15 thousand

Where it goes

Schools and colleges99%Interest on debt0.5%

Spending by category100%

Schools and colleges
99%$4.7 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$4.7 million
Interest on debt
0.5%$24 thousand
Sources and moreWhere these numbers come from and what they cover

Woonsocket School District 55-4. 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 Woonsocket School District 55-4 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.