School district · Newaygo County, MI

Hesperia Community School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Hesperia Community School District took in $14.3 million and spent $13.6 million.

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

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Where it comes from

State tax money77%School district taxes17%County and local tax money3.5%Fines and other2.3%Fees for services (school lunches)0.4%Federal tax money<0.1%

What stands out

77%

of Hesperia Community School District's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes17%

Property tax
17%$2.4 million

Fees for services0.4%

Fees for services
0.4%$59 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$48 thousand
  • School lunches$11 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$9 thousand

State tax money77%

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

From the state
77%$11.0 million

County and local tax money3.5%

Money passed on by the county or other local governments.

From the county and other local governments
3.5%$505 thousand

Fines and other2.3%

Interest, rents and other
2.3%$329 thousand

Where it goes

Schools and colleges96%Interest on debt4.1%

What stands out

4.1%

of Hesperia Community 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
96%$13.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$13.1 million
Interest on debt
4.1%$557 thousand
Sources and moreWhere these numbers come from and what they cover

Hesperia Community 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 Hesperia Community 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.