School district · Allegan County, MI

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

In the latest recorded fiscal year (ended June 30, 2024), Martin Public Schools took in $11.2 million and spent $9.9 million.

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

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Where it comes from

State tax money71%School district taxes19%Fines and other3.6%County and local tax money3.4%Fees for services (school tuition and transportation, school lunches)2.8%Federal tax money0.5%

What stands out

19%

of Martin Public Schools' money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes19%

Property tax
19%$2.1 million

Fees for services2.8%

Fees for services
2.8%$309 thousand
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$228 thousand
  • School tuition and transportation$45 thousand
  • School lunches$36 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%$59 thousand

State tax money71%

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

From the state
71%$7.9 million

County and local tax money3.4%

Money passed on by the county or other local governments.

From the county and other local governments
3.4%$383 thousand

Fines and other3.6%

Interest, rents and other
3.6%$404 thousand

Where it goes

Schools and colleges89%Interest on debt6.5%Sent to other local governments4.0%

What stands out

6.5%

of Martin Public Schools' spending goes to interest on debt.A typical school district with fewer than 5,000 students spends 0.9%.

Spending by category100%

Schools and colleges
89%$8.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$8.9 million
Interest on debt
6.5%$648 thousand
Sent to other local governments
4.0%$395 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$395 thousand
Sources and moreWhere these numbers come from and what they cover

Martin 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 Martin 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.