School district · Gratiot County, MI

Gratiot-Isabella Regional Education Service District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Gratiot-Isabella Regional Education Service District took in $53.8 million and spent $42.0 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

State tax money49%School district taxes37%County and local tax money5.6%Fees for services4.5%Fines and other3.6%Federal tax money0.5%

What stands out

37%

of Gratiot-Isabella Regional Education Service District's money comes from property tax.Most vocational schools and education service agencies get none.

School district taxes37%

Property tax

37%$19.9 million

Fees for services4.5%

Fees for services

4.5%$2.4 million

What's in fees for servicesOther school charges

Other school charges$2.4 million

Amounts are by Census type of charge.

Federal tax money0.5%

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

From the federal government

0.5%$260 thousand

State tax money49%

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

From the state

49%$26.3 million

County and local tax money5.6%

Money passed on by the county or other local governments.

From the county and other local governments

5.6%$3.0 million

Fines and other3.6%

Interest, rents and other

3.6%$1.9 million

Where it goes

Schools and colleges98%Sent to other local governments2.0%

Spending by category100%

Schools and colleges

98%$41.1 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$41.1 million

Sent to other local governments

2.0%$837 thousand

What's in sent to other local governmentsSent to school districts

Sent to school districts$837 thousand

Sources and moreWhere these numbers come from and what they cover

Gratiot-Isabella Regional Education Service 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 Gratiot-Isabella Regional Education Service 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.