School district · Bay County, MI

Bay Arenac Intermediate District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Bay Arenac Intermediate District took in $65.0 million and spent $55.4 million.

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

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Where it comes from

State tax money56%School district taxes30%County and local tax money7.3%Fees for services (school tuition and transportation)4.0%Fines and other2.8%

What stands out

30%

of Bay Arenac Intermediate District's money comes from property tax.Most vocational schools and education service agencies get none.

School district taxes30%

Property tax
30%$19.2 million

Fees for services4.0%

Fees for services
4.0%$2.6 million
What's in fees for servicesOther school charges and school tuition and transportation
  • Other school charges$2.6 million
  • School tuition and transportation$14 thousand

Amounts are by Census type of charge.

State tax money56%

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

From the state
56%$36.5 million

County and local tax money7.3%

Money passed on by the county or other local governments.

From the county and other local governments
7.3%$4.8 million

Fines and other2.8%

Interest, rents and other
2.8%$1.8 million

Where it goes

Schools and colleges89%Sent to other local governments11%

What stands out

11%

of Bay Arenac Intermediate District's spending goes to local governments.Most vocational schools and education service agencies spend nothing on this.

Spending by category100%

Schools and colleges
89%$49.5 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$49.5 million
Sent to other local governments
11%$5.9 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$5.9 million
Interest on debt
<0.1%$20 thousand
Sources and moreWhere these numbers come from and what they cover

Bay Arenac Intermediate 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 Bay Arenac Intermediate 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.