School district · Houghton County, MI

Elm River Township School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Elm River Township School District took in $442 thousand and spent $360 thousand.

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

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Where it comes from

School district taxes79%State tax money13%Federal tax money5.7%Fines and other2.0%

What stands out

79%

of Elm River Township School District's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes79%

Property tax
79%$349 thousand

Federal tax money5.7%

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

From the federal government
5.7%$25 thousand

State tax money13%

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

From the state
13%$59 thousand

Fines and other2.0%

Interest, rents and other
2.0%$9 thousand

Where it goes

Schools and colleges100%

What stands out

100%

of Elm River Township School District's spending goes to schools and colleges.A typical school district with fewer than 5,000 students spends 97%.

Spending by category100%

Schools and colleges
100%$360 thousand
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$360 thousand
Sources and moreWhere these numbers come from and what they cover

Elm River Township 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 Elm River Township 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.