School district · Kent County, MI
Lowell Area Schools's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2024), Lowell Area Schools took in $64.8 million and spent $61.5 million.
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Where it comes from
What stands out
of Lowell Area Schools' money comes from county and other local tax money.A typical school district with fewer than 5,000 students gets 1.1%.
School district taxes21%
Fees for services3.2%
What's in fees for servicesOther school charges and school lunches
- Other school charges$1.9 million
- School lunches$223 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.
County and local tax money7.8%
Money passed on by the county or other local governments.
Fines and other1.4%
Where it goes
What stands out
of Lowell Area Schools' spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.
Spending by category100%
What's in schools and collegesElementary and secondary schools
- Elementary and secondary schools$54.7 million
What's in sent to other local governmentsSent to school districts
- Sent to school districts$3.9 million
Sources and moreWhere these numbers come from and what they cover
Lowell Area 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 Lowell Area 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.