School district · Bay County, MI

Bangor Township Schools's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Bangor Township Schools took in $41.7 million and spent $40.7 million.

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

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Where it comes from

State tax money82%School district taxes10%Fines and other3.5%Fees for services (school tuition and transportation, school lunches)2.8%County and local tax money2.0%

What stands out

10%

of Bangor Township Schools' money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes10%

Property tax
10%$4.2 million

Fees for services2.8%

Fees for services
2.8%$1.2 million
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$743 thousand
  • School tuition and transportation$341 thousand
  • School lunches$73 thousand

Amounts are by Census type of charge.

State tax money82%

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

From the state
82%$34.1 million

County and local tax money2.0%

Money passed on by the county or other local governments.

From the county and other local governments
2.0%$855 thousand

Fines and other3.5%

Interest, rents and other
3.5%$1.4 million

Where it goes

Schools and colleges96%Sent to other local governments2.3%Interest on debt1.6%

Spending by category100%

Schools and colleges
96%$39.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$39.1 million
Sent to other local governments
2.3%$926 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$926 thousand
Interest on debt
1.6%$651 thousand
Sources and moreWhere these numbers come from and what they cover

Bangor Township 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 Bangor Township 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.