School district · Menominee County, MI

North Central Area Schools's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), North Central Area Schools took in $5.3 million and spent $5.0 million.

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

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Where it comes from

State tax money68%School district taxes22%Fines and other6.7%County and local tax money2.5%Fees for services0.6%Federal tax money0.4%

What stands out

6.7%

of North Central Area Schools' money comes from interest, rents and other revenue.A typical school district with fewer than 5,000 students gets 3.2%.

School district taxes22%

Property tax
22%$1.2 million

Fees for services0.6%

Fees for services
0.6%$31 thousand
What's in fees for servicesOther school charges
  • Other school charges$31 thousand

Amounts are by Census type of charge.

Federal tax money0.4%

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

From the federal government
0.4%$23 thousand

State tax money68%

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

From the state
68%$3.6 million

County and local tax money2.5%

Money passed on by the county or other local governments.

From the county and other local governments
2.5%$132 thousand

Fines and other6.7%

Interest, rents and other
6.7%$353 thousand

Where it goes

Schools and colleges99%Interest on debt0.7%

Spending by category100%

Schools and colleges
99%$4.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$4.9 million
Interest on debt
0.7%$34 thousand
Sources and moreWhere these numbers come from and what they cover

North Central 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 North Central 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.