School district · Montcalm County, MI

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

In the latest recorded fiscal year (ended June 30, 2024), Montcalm Area Intermediate School District took in $43.5 million and spent $38.8 million.

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

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Where it comes from

State tax money57%School district taxes31%Fees for services5.0%County and local tax money4.0%Fines and other2.2%Federal tax money0.9%

What stands out

31%

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

School district taxes31%

Property tax
31%$13.5 million

Fees for services5.0%

Fees for services
5.0%$2.2 million
What's in fees for servicesOther school charges
  • Other school charges$2.2 million

Amounts are by Census type of charge.

Federal tax money0.9%

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

From the federal government
0.9%$374 thousand

State tax money57%

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

From the state
57%$24.7 million

County and local tax money4.0%

Money passed on by the county or other local governments.

From the county and other local governments
4.0%$1.8 million

Fines and other2.2%

Interest, rents and other
2.2%$944 thousand

Where it goes

Schools and colleges77%Sent to other local governments23%

What stands out

23%

of Montcalm Area 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
77%$29.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$29.8 million
Sent to other local governments
23%$9.0 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$9.0 million
Interest on debt
<0.1%$17 thousand
Sources and moreWhere these numbers come from and what they cover

Montcalm Area 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 Montcalm Area 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.