School district · Keweenaw County, MI

Grant Township School District 2's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Grant Township School District 2 took in $287 thousand and spent $239 thousand.

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

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Where it comes from

School district taxes85%State tax money12%Fines and other2.8%

What stands out

85%

of Grant Township School District 2's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes85%

Property tax
85%$244 thousand

State tax money12%

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

From the state
12%$35 thousand

Fines and other2.8%

Interest, rents and other
2.8%$8 thousand

Where it goes

Schools and colleges100%Interest on debt0.4%

Spending by category100%

Schools and colleges
100%$238 thousand
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$238 thousand
Interest on debt
0.4%$1 thousand
Sources and moreWhere these numbers come from and what they cover

Grant Township School District 2. 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 Grant Township School District 2 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.