School district · Lapeer County, MI

Lapeer Intermediate School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Lapeer Intermediate School District took in $27.4 million and spent $24.9 million.

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

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Where it comes from

State tax money50%School district taxes35%County and local tax money8.0%Fees for services4.6%Fines and other2.2%Federal tax money0.2%

What stands out

35%

of Lapeer Intermediate School District's money comes from property tax.Most vocational schools and education service agencies get none.

School district taxes35%

Property tax
35%$9.5 million

Fees for services4.6%

Fees for services
4.6%$1.3 million
What's in fees for servicesOther school charges
  • Other school charges$1.3 million

Amounts are by Census type of charge.

Federal tax money0.2%

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

From the federal government
0.2%$52 thousand

State tax money50%

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

From the state
50%$13.8 million

County and local tax money8.0%

Money passed on by the county or other local governments.

From the county and other local governments
8.0%$2.2 million

Fines and other2.2%

Interest, rents and other
2.2%$602 thousand

Where it goes

Schools and colleges83%Sent to other local governments16%Interest on debt0.7%

What stands out

16%

of Lapeer Intermediate School District's spending goes to local governments.Most vocational schools and education service agencies spend nothing on this.

Spending by category100%

Schools and colleges
83%$20.6 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$20.6 million
Sent to other local governments
16%$4.1 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$4.1 million
Interest on debt
0.7%$169 thousand
Sources and moreWhere these numbers come from and what they cover

Lapeer Intermediate 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 Lapeer Intermediate 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.