School district · Ingham County, MI

Holt Public School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Holt Public School District took in $93.1 million and spent $102 million.

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

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Where it comes from

State tax money67%School district taxes15%County and local tax money12%Fines and other3.0%Fees for services (school lunches, school tuition and transportation)2.8%

What stands out

12%

of Holt Public 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 taxes15%

Property tax
15%$14.3 million

Fees for services2.8%

Fees for services
2.8%$2.6 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$2.4 million
  • School lunches$198 thousand
  • School tuition and transportation$8 thousand

Amounts are by Census type of charge.

State tax money67%

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

From the state
67%$62.5 million

County and local tax money12%

Money passed on by the county or other local governments.

From the county and other local governments
12%$10.8 million

Fines and other3.0%

Interest, rents and other
3.0%$2.8 million

Where it goes

Schools and colleges91%Sent to other local governments5.6%Interest on debt2.9%

What stands out

5.6%

of Holt Public School District's spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.

Spending by category100%

Schools and colleges
91%$92.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$92.9 million
Sent to other local governments
5.6%$5.7 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$5.7 million
Interest on debt
2.9%$3.0 million
Sources and moreWhere these numbers come from and what they cover

Holt Public 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 Holt Public 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.