School district · Middlesex County, MA

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

In the latest recorded fiscal year (ended June 30, 2024), Greater Lowell Vocational Tech Regional took in $69.3 million and spent $69.2 million.

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

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Where it comes from

State tax money66%County and local tax money29%Fines and other3.4%Fees for services (school tuition and transportation, school lunches)1.8%Federal tax money<0.1%

What stands out

66%

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

Fees for services1.8%

Fees for services

1.8%$1.3 million

What's in fees for servicesSchool tuition and transportation and school lunches

School tuition and transportation$1.1 million
School lunches$142 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government

<0.1%$42 thousand

State tax money66%

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

From the state

66%$45.9 million

County and local tax money29%

Money passed on by the county or other local governments.

From the county and other local governments

29%$19.8 million

Fines and other3.4%

Interest, rents and other

3.4%$2.3 million

Where it goes

Schools and colleges99%Interest on debt0.5%Sent to other local governments<0.1%

Spending by category100%

Schools and colleges

99%$68.8 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$68.8 million

Interest on debt

0.5%$357 thousand

Sent to other local governments

<0.1%$54 thousand

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

Sent to school districts$54 thousand

Sources and moreWhere these numbers come from and what they cover

Greater Lowell Vocational Tech Regional. 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 Lowell Vocational Tech Regional 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.