School district · Hancock County, ME

Mount Desert Community School District 7 (907)'s money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Mount Desert Community School District 7 (907) took in $13.8 million and spent $14.0 million.

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

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Where it comes from

School district taxes76%County and local tax money13%State tax money8.2%Fines and other1.2%Fees for services (school tuition and transportation, school lunches)0.5%Federal tax money0.3%

What stands out

76%

of Mount Desert Community School District 7 (907)'s money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes76%

Property tax
76%$10.5 million

Fees for services0.5%

Fees for services
0.5%$69 thousand
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$38 thousand
  • School tuition and transportation$28 thousand
  • School lunches$3 thousand

Amounts are by Census type of charge.

Federal tax money0.3%

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

From the federal government
0.3%$46 thousand

State tax money8.2%

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

From the state
8.2%$1.1 million

County and local tax money13%

Money passed on by the county or other local governments.

From the county and other local governments
13%$1.9 million

Fines and other1.2%

Interest, rents and other
1.2%$169 thousand

Where it goes

Schools and colleges99%Interest on debt0.7%Sent to other local governments0.4%

Spending by category100%

Schools and colleges
99%$13.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$13.8 million
Interest on debt
0.7%$100 thousand
Sent to other local governments
0.4%$57 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$57 thousand
Sources and moreWhere these numbers come from and what they cover

Mount Desert Community School District 7 (907). 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 Mount Desert Community School District 7 (907) 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.