School district · Lapeer County, MI

North Branch Area School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), North Branch Area School District took in $38.1 million and spent $31.6 million.

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

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Where it comes from

State tax money81%School district taxes13%Fees for services (school lunches, school tuition and transportation)2.8%Fines and other2.2%County and local tax money1.1%

What stands out

81%

of North Branch Area School District's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes13%

Property tax
13%$4.9 million

Fees for services2.8%

Fees for services
2.8%$1.1 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$959 thousand
  • School lunches$89 thousand
  • School tuition and transportation$36 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$3 thousand

State tax money81%

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

From the state
81%$30.8 million

County and local tax money1.1%

Money passed on by the county or other local governments.

From the county and other local governments
1.1%$407 thousand

Fines and other2.2%

Interest, rents and other
2.2%$836 thousand

Where it goes

Schools and colleges96%Interest on debt3.6%

Spending by category100%

Schools and colleges
96%$30.5 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$30.5 million
Interest on debt
3.6%$1.1 million
Sources and moreWhere these numbers come from and what they cover

North Branch Area 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 North Branch Area 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.