School district · Worcester County, MA

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

In the latest recorded fiscal year (ended June 30, 2024), Montachusett Regional Vocational Tech took in $40.2 million and spent $36.1 million.

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

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Where it comes from

State tax money62%County and local tax money31%Fees for services (school tuition and transportation, school lunches)3.6%Fines and other2.9%Federal tax money0.2%

What stands out

62%

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

Fees for services3.6%

Fees for services
3.6%$1.4 million
What's in fees for servicesSchool tuition and transportation; school lunches and 1 more
  • School tuition and transportation$1.3 million
  • School lunches$111 thousand
  • Other school charges$12 thousand

Amounts are by Census type of charge.

Federal tax money0.2%

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

From the federal government
0.2%$92 thousand

State tax money62%

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

From the state
62%$25.0 million

County and local tax money31%

Money passed on by the county or other local governments.

From the county and other local governments
31%$12.5 million

Fines and other2.9%

Interest, rents and other
2.9%$1.2 million

Where it goes

Schools and colleges99%Sent to other local governments0.7%

Spending by category100%

Schools and colleges
99%$35.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$35.8 million
Sent to other local governments
0.7%$253 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$253 thousand
Sources and moreWhere these numbers come from and what they cover

Montachusett 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 Montachusett 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.