School district · Kalamazoo County, MI

Gull Lake Community Schools's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Gull Lake Community Schools took in $64.6 million and spent $59.2 million.

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

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Where it comes from

State tax money70%School district taxes20%County and local tax money6.3%Fines and other1.5%Fees for services (school lunches, school tuition and transportation)1.4%

What stands out

6.3%

of Gull Lake Community Schools' money comes from county and other local tax money.A typical school district with fewer than 5,000 students gets 1.1%.

School district taxes20%

Property tax
20%$13.2 million

Fees for services1.4%

Fees for services
1.4%$884 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$731 thousand
  • School lunches$101 thousand
  • School tuition and transportation$52 thousand

Amounts are by Census type of charge.

State tax money70%

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

From the state
70%$45.5 million

County and local tax money6.3%

Money passed on by the county or other local governments.

From the county and other local governments
6.3%$4.1 million

Fines and other1.5%

Interest, rents and other
1.5%$938 thousand

Where it goes

Schools and colleges93%Interest on debt5.5%Sent to other local governments1.1%

What stands out

5.5%

of Gull Lake Community Schools' spending goes to interest on debt.A typical school district with fewer than 5,000 students spends 0.9%.

Spending by category100%

Schools and colleges
93%$55.4 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$55.4 million
Interest on debt
5.5%$3.2 million
Sent to other local governments
1.1%$638 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$638 thousand
Sources and moreWhere these numbers come from and what they cover

Gull Lake Community Schools. 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 Gull Lake Community Schools 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.