School district · Allegan County, MI

Hopkins Public Schools's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Hopkins Public Schools took in $26.4 million and spent $22.8 million.

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

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Where it comes from

State tax money72%School district taxes21%County and local tax money3.3%Fees for services (school lunches)2.2%Fines and other1.3%Federal tax money0.5%

What stands out

72%

of Hopkins Public Schools' money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes21%

Property tax
21%$5.5 million

Fees for services2.2%

Fees for services
2.2%$592 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$505 thousand
  • School lunches$87 thousand

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%$132 thousand

State tax money72%

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

From the state
72%$19.0 million

County and local tax money3.3%

Money passed on by the county or other local governments.

From the county and other local governments
3.3%$864 thousand

Fines and other1.3%

Interest, rents and other
1.3%$352 thousand

Where it goes

Schools and colleges97%Interest on debt2.9%

Spending by category100%

Schools and colleges
97%$22.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$22.1 million
Interest on debt
2.9%$657 thousand
Sources and moreWhere these numbers come from and what they cover

Hopkins Public 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 Hopkins Public 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.