School district · Barry County, MI

Hastings Area School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Hastings Area School District took in $44.7 million and spent $44.6 million.

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

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Where it comes from

State tax money69%School district taxes20%County and local tax money4.8%Fees for services (school tuition and transportation, school lunches)3.2%Fines and other2.6%Federal tax money0.1%

What stands out

4.8%

of Hastings Area School 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 taxes20%

Property tax
20%$9.0 million

Fees for services3.2%

Fees for services
3.2%$1.4 million
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$1.3 million
  • School tuition and transportation$99 thousand
  • School lunches$92 thousand

Amounts are by Census type of charge.

Federal tax money0.1%

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

From the federal government
0.1%$55 thousand

State tax money69%

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

From the state
69%$30.9 million

County and local tax money4.8%

Money passed on by the county or other local governments.

From the county and other local governments
4.8%$2.2 million

Fines and other2.6%

Interest, rents and other
2.6%$1.1 million

Where it goes

Schools and colleges93%Interest on debt4.7%Sent to other local governments2.1%

What stands out

4.7%

of Hastings Area School District's 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%$41.6 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$41.6 million
Interest on debt
4.7%$2.1 million
Sent to other local governments
2.1%$955 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$955 thousand
Sources and moreWhere these numbers come from and what they cover

Hastings Area School 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 Hastings Area School 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.