School district · St Croix County, WI

New Richmond School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), New Richmond School District took in $71.3 million and spent $56.5 million.

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

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Where it comes from

State tax money59%School district taxes25%Fines and other8.7%County and local tax money3.6%Fees for services (school lunches, school tuition and transportation)3.6%

What stands out

8.7%

of New Richmond School District's money comes from interest, rents and other revenue.A typical school district with fewer than 5,000 students gets 3.2%.

School district taxes25%

Property tax
25%$17.8 million

Fees for services3.6%

Fees for services
3.6%$2.5 million
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$1.3 million
  • Other school charges$1.2 million
  • School tuition and transportation$60 thousand

Amounts are by Census type of charge.

State tax money59%

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

From the state
59%$42.2 million

County and local tax money3.6%

Money passed on by the county or other local governments.

From the county and other local governments
3.6%$2.6 million

Fines and other8.7%

Interest, rents and other
8.7%$6.2 million

Where it goes

Schools and colleges91%Sent to other local governments5.9%Interest on debt3.5%

What stands out

5.9%

of New Richmond 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
91%$51.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$51.1 million
Sent to other local governments
5.9%$3.4 million
What's in sent to other local governmentsSent to school districts; sent to the state government and 1 more
  • Sent to school districts$3.0 million
  • Sent to the state government$190 thousand
  • Sent to local governments: other and not broken out$156 thousand
Interest on debt
3.5%$2.0 million
Sources and moreWhere these numbers come from and what they cover

New Richmond 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 New Richmond 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.