School district · Charlevoix County, MI

Boyne City Schools's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Boyne City Schools took in $25.6 million and spent $30.0 million.

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

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Where it comes from

School district taxes42%State tax money39%County and local tax money13%Fees for services (school lunches, school tuition and transportation)3.4%Fines and other2.3%Federal tax money<0.1%

What stands out

13%

of Boyne City 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 taxes42%

Property tax
42%$10.8 million

Fees for services3.4%

Fees for services
3.4%$884 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$797 thousand
  • School lunches$58 thousand
  • School tuition and transportation$29 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$14 thousand

State tax money39%

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

From the state
39%$10.0 million

County and local tax money13%

Money passed on by the county or other local governments.

From the county and other local governments
13%$3.4 million

Fines and other2.3%

Interest, rents and other
2.3%$587 thousand

Where it goes

Schools and colleges97%Interest on debt3.4%

Spending by category100%

Schools and colleges
97%$29.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$29.0 million
Interest on debt
3.4%$1.0 million
Sources and moreWhere these numbers come from and what they cover

Boyne City 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 Boyne City 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.