School district · Essex County, MA

Greater Lawrence Regional Vocational Tech's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Greater Lawrence Regional Vocational Tech took in $57.4 million and spent $58.3 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

State tax money76%County and local tax money19%Fines and other5.1%Fees for services (school lunches)0.2%

What stands out

76%

of Greater Lawrence Regional Vocational Tech's money comes from state tax money.A typical vocational school or education service agency gets 41%.

Fees for services0.2%

Fees for services

0.2%$132 thousand

What's in fees for servicesSchool lunches and other school charges

School lunches$119 thousand
Other school charges$13 thousand

Amounts are by Census type of charge.

State tax money76%

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

From the state

76%$43.4 million

County and local tax money19%

Money passed on by the county or other local governments.

From the county and other local governments

19%$11.0 million

Fines and other5.1%

Interest, rents and other

5.1%$2.9 million

Where it goes

Schools and colleges100%Interest on debt<0.1%Sent to other local governments<0.1%

Spending by category100%

Schools and colleges

100%$58.2 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$58.2 million

Interest on debt

<0.1%$54 thousand

Sent to other local governments

<0.1%$35 thousand

What's in sent to other local governmentsSent to school districts

Sent to school districts$35 thousand

Sources and moreWhere these numbers come from and what they cover

Greater Lawrence Regional Vocational Tech. 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 Greater Lawrence Regional Vocational Tech 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.