School district · Manistee County, MI

Bear Lake Schools's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Bear Lake Schools took in $5.8 million and spent $5.4 million.

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

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Where it comes from

State tax money60%School district taxes26%County and local tax money6.0%Fines and other4.3%Fees for services (school lunches)3.1%Federal tax money0.4%

What stands out

6%

of Bear Lake Schools' money comes from county and other local tax money.A typical school district with fewer than 5,000 students gets 1.1%.

School district taxes26%

Property tax
26%$1.5 million

Fees for services3.1%

Fees for services
3.1%$177 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$175 thousand
  • School lunches$2 thousand

Amounts are by Census type of charge.

Federal tax money0.4%

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

From the federal government
0.4%$25 thousand

State tax money60%

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

From the state
60%$3.5 million

County and local tax money6.0%

Money passed on by the county or other local governments.

From the county and other local governments
6.0%$350 thousand

Fines and other4.3%

Interest, rents and other
4.3%$248 thousand

Where it goes

Schools and colleges98%Sent to other local governments1.2%Interest on debt0.5%

Spending by category100%

Schools and colleges
98%$5.3 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$5.3 million
Sent to other local governments
1.2%$65 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$65 thousand
Interest on debt
0.5%$29 thousand
Sources and moreWhere these numbers come from and what they cover

Bear Lake 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 Bear Lake 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.