School district · Gratiot County, MI

Fulton Schools District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Fulton Schools District took in $10.4 million and spent $11.9 million.

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

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Where it comes from

State tax money69%School district taxes19%County and local tax money7.7%Fees for services (school tuition and transportation, school lunches)3.1%Fines and other1.6%Federal tax money0.3%

What stands out

7.7%

of Fulton Schools 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 taxes19%

Property tax
19%$1.9 million

Fees for services3.1%

Fees for services
3.1%$323 thousand
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$180 thousand
  • School tuition and transportation$106 thousand
  • School lunches$37 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%$33 thousand

State tax money69%

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

From the state
69%$7.2 million

County and local tax money7.7%

Money passed on by the county or other local governments.

From the county and other local governments
7.7%$803 thousand

Fines and other1.6%

Interest, rents and other
1.6%$164 thousand

Where it goes

Schools and colleges94%Interest on debt3.3%Sent to other local governments2.6%

Spending by category100%

Schools and colleges
94%$11.2 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$11.2 million
Interest on debt
3.3%$388 thousand
Sent to other local governments
2.6%$304 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$304 thousand
Sources and moreWhere these numbers come from and what they cover

Fulton Schools 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 Fulton Schools 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.