School district · Charlevoix County, MI

Beaver Island Community School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Beaver Island Community School District took in $3.7 million and spent $3.0 million.

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

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Where it comes from

School district taxes51%State tax money32%County and local tax money13%Fines and other2.4%Federal tax money1.3%Fees for services (school lunches)0.8%

What stands out

13%

of Beaver Island Community School District's money comes from county and other local tax money.A typical school district with fewer than 5,000 students gets 1.1%.

School district taxes51%

Property tax
51%$1.9 million

Fees for services0.8%

Fees for services
0.8%$30 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$25 thousand
  • School lunches$5 thousand

Amounts are by Census type of charge.

Federal tax money1.3%

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

From the federal government
1.3%$50 thousand

State tax money32%

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

From the state
32%$1.2 million

County and local tax money13%

Money passed on by the county or other local governments.

From the county and other local governments
13%$482 thousand

Fines and other2.4%

Interest, rents and other
2.4%$91 thousand

Where it goes

Schools and colleges95%Sent to other local governments3.4%Interest on debt1.4%

Spending by category100%

Schools and colleges
95%$2.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$2.9 million
Sent to other local governments
3.4%$102 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$102 thousand
Interest on debt
1.4%$43 thousand
Sources and moreWhere these numbers come from and what they cover

Beaver Island Community 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 Beaver Island Community 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.