School district · Kalkaska County, MI

Excelsior Township School District #1's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Excelsior Township School District #1 took in $661 thousand and spent $618 thousand.

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

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Where it comes from

State tax money71%School district taxes21%Federal tax money4.5%Fines and other2.9%Fees for services0.5%

What stands out

4.5%

of Excelsior Township School District #1's money comes from federal tax money.Most school districts with fewer than 5,000 students get none.

School district taxes21%

Property tax
21%$140 thousand

Fees for services0.5%

Fees for services
0.5%$3 thousand
What's in fees for servicesOther school charges
  • Other school charges$3 thousand

Amounts are by Census type of charge.

Federal tax money4.5%

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

From the federal government
4.5%$30 thousand

State tax money71%

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

From the state
71%$469 thousand

Fines and other2.9%

Interest, rents and other
2.9%$19 thousand

Where it goes

Schools and colleges100%

What stands out

100%

of Excelsior Township School District #1'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%$618 thousand
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$618 thousand
Sources and moreWhere these numbers come from and what they cover

Excelsior Township School District #1. 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 Excelsior Township School District #1 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.