School district · Rock County, WI

Beloit-Turner School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Beloit-Turner School District took in $26.9 million and spent $25.6 million.

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

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Where it comes from

State tax money61%County and local tax money18%School district taxes16%Fines and other2.4%Fees for services (school lunches)2.2%

What stands out

18%

of Beloit-Turner School District's money comes from county and other local tax money.A typical school district with fewer than 5,000 students gets 1.1%.

School district taxes16%

Property tax
16%$4.4 million

Fees for services2.2%

Fees for services
2.2%$596 thousand
What's in fees for servicesSchool lunches and other school charges
  • School lunches$376 thousand
  • Other school charges$220 thousand

Amounts are by Census type of charge.

State tax money61%

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

From the state
61%$16.5 million

County and local tax money18%

Money passed on by the county or other local governments.

From the county and other local governments
18%$4.8 million

Fines and other2.4%

Interest, rents and other
2.4%$645 thousand
Fines
<0.1%$5 thousand

Where it goes

Schools and colleges89%Sent to other local governments7.9%Interest on debt3.0%

What stands out

7.9%

of Beloit-Turner School District's spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.

Spending by category100%

Schools and colleges
89%$22.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$22.8 million
Sent to other local governments
7.9%$2.0 million
What's in sent to other local governmentsSent to school districts; sent to the state government and 1 more
  • Sent to school districts$1.1 million
  • Sent to the state government$706 thousand
  • Sent to local governments: other and not broken out$230 thousand
Interest on debt
3.0%$767 thousand
Sources and moreWhere these numbers come from and what they cover

Beloit-Turner School District. 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 Beloit-Turner School District 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.