Lake Preston, SD town hall & government
Lake Preston spent $770,000 in the year to December 31, 2022, about $1,380 per resident.
Where the money goes, where it comes from, property taxes, and how to reach Lake Preston's government.
Where Lake Preston's money goes
Where the money comes from
- Property taxes 61%
- Interest, fines & other 32%
- Fees & charges 5%
- From the state 1%
- Utility sales 1%
Revenue here is well above spending. That usually means Lake Preston collects property taxes for the school district and county and passes them on, so only its own spending is counted above.
Lake Preston didn't report all of its 2022 figures to the Census Bureau, so most of these numbers are the Bureau's estimates.
Who works for Lake Preston
Staff on the town's payroll in March 2022. Pay is March payroll times twelve, so it's approximate.
Lake Preston School District 38-3
Lake Preston's K–12 school district, shared with Erwin, Baker, Hetland, Hartland, Whitewood and Denver. It is its own government, with a budget separate from the town's.
Where the district's money comes from South Dakota districts overall: 50% local, 31% state, 19% federal
- Local 68%
- State 24%
- Federal 8%
Of the $18,122 per pupil, $9,755 goes to classroom instruction (teachers, aides, supplies); the rest to support services such as buses, buildings, counselors and administration. Building projects and debt payments aren't in the per-pupil figure.
Which schools Lake Preston kids attend, test scores and graduation rate →
What homeowners in Lake Preston pay
The median yearly bill homeowners report, covering every local property tax on the home (town, schools, county). The effective rate is that bill divided by the median home value, so it's a rough guide, not the official tax rate. In a town this small the survey estimate has a wide margin.
Contact Lake Preston's government
Who represents Lake Preston
Lake Preston is represented in Congress by Senators John Thune and Mike Rounds and Representative Dusty Johnson. Larry Rhoden is governor.
Budget: U.S. Census Bureau, 2022 Census of Governments: Finance (every city and town government's revenue, spending and debt, grouped into plain categories). Property tax: Census American Community Survey, 5-year estimates.