School district · Tuscola County, MI

Akron-Fairgrove School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Akron-Fairgrove School District took in $7.5 million and spent $7.5 million.

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

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Where it comes from

State tax money57%School district taxes23%Federal tax money12%County and local tax money6.1%Fees for services1.2%Fines and other0.6%

What stands out

12%

of Akron-Fairgrove School District's money comes from federal tax money.Most school districts with fewer than 5,000 students get none.

School district taxes23%

Property tax

23%$1.7 million

Fees for services1.2%

Fees for services

1.2%$91 thousand

What's in fees for servicesOther school charges

Other school charges$91 thousand

Amounts are by Census type of charge.

Federal tax money12%

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

From the federal government

12%$889 thousand

State tax money57%

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

From the state

57%$4.3 million

County and local tax money6.1%

Money passed on by the county or other local governments.

From the county and other local governments

6.1%$458 thousand

Fines and other0.6%

Interest, rents and other

0.6%$45 thousand

Where it goes

Schools and colleges87%Sent to other local governments8.8%Interest on debt4.6%

What stands out

8.8%

of Akron-Fairgrove School District's spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.

Spending by category100%

Schools and colleges

87%$6.5 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$6.5 million

Sent to other local governments

8.8%$655 thousand

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

Sent to school districts$655 thousand

Interest on debt

4.6%$345 thousand

Sources and moreWhere these numbers come from and what they cover

Akron-Fairgrove School District. 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 Akron-Fairgrove School District 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.