School district · Houghton County, MI

Houghton-Portage Township School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Houghton-Portage Township School District took in $23.3 million and spent $21.2 million.

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

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Where it comes from

State tax money75%School district taxes20%Fees for services (school lunches)3.6%Fines and other0.7%County and local tax money0.3%

What stands out

75%

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

School district taxes20%

Property tax
20%$4.7 million

Fees for services3.6%

Fees for services
3.6%$835 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$755 thousand
  • School lunches$80 thousand

Amounts are by Census type of charge.

State tax money75%

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

From the state
75%$17.6 million

County and local tax money0.3%

Money passed on by the county or other local governments.

From the county and other local governments
0.3%$69 thousand

Fines and other0.7%

Interest, rents and other
0.7%$152 thousand

Where it goes

Schools and colleges96%Interest on debt3.6%

Spending by category100%

Schools and colleges
96%$20.4 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$20.4 million
Interest on debt
3.6%$768 thousand
Sources and moreWhere these numbers come from and what they cover

Houghton-Portage Township 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 Houghton-Portage Township 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.