School district · Alcona County, MI

Alcona Community Schools's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Alcona Community Schools took in $13.8 million and spent $13.5 million.

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

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Where it comes from

School district taxes46%State tax money32%County and local tax money8.2%Federal tax money6.6%Fines and other4.8%Fees for services (school lunches, school tuition and transportation)2.6%

What stands out

6.6%

of Alcona Community Schools' money comes from federal tax money.Most school districts with fewer than 5,000 students get none.

School district taxes46%

Property tax
46%$6.3 million

Fees for services2.6%

Fees for services
2.6%$362 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$336 thousand
  • School lunches$20 thousand
  • School tuition and transportation$6 thousand

Amounts are by Census type of charge.

Federal tax money6.6%

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

From the federal government
6.6%$911 thousand

State tax money32%

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

From the state
32%$4.4 million

County and local tax money8.2%

Money passed on by the county or other local governments.

From the county and other local governments
8.2%$1.1 million

Fines and other4.8%

Interest, rents and other
4.8%$665 thousand

Where it goes

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

Spending by category100%

Schools and colleges
99%$13.4 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$13.4 million
Sent to other local governments
0.7%$101 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$101 thousand
Interest on debt
<0.1%$2 thousand
Sources and moreWhere these numbers come from and what they cover

Alcona Community Schools. 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 Alcona Community Schools 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.