School district · Benzie County, MI

Benzie Co Central Schools's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Benzie Co Central Schools took in $24.0 million and spent $33.0 million.

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

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Where it comes from

School district taxes53%State tax money38%County and local tax money3.7%Fines and other2.8%Fees for services (school lunches, school tuition and transportation)2.4%Federal tax money0.3%

What stands out

53%

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

School district taxes53%

Property tax
53%$12.7 million

Fees for services2.4%

Fees for services
2.4%$572 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$557 thousand
  • School lunches$13 thousand
  • School tuition and transportation$2 thousand

Amounts are by Census type of charge.

Federal tax money0.3%

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

From the federal government
0.3%$70 thousand

State tax money38%

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

From the state
38%$9.0 million

County and local tax money3.7%

Money passed on by the county or other local governments.

From the county and other local governments
3.7%$885 thousand

Fines and other2.8%

Interest, rents and other
2.8%$675 thousand

Where it goes

Schools and colleges96%Interest on debt3.8%Sent to other local governments0.5%

Spending by category100%

Schools and colleges
96%$31.6 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$31.6 million
Interest on debt
3.8%$1.3 million
Sent to other local governments
0.5%$152 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$152 thousand
Sources and moreWhere these numbers come from and what they cover

Benzie Co Central 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 Benzie Co Central 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.