School district · Oakland County, MI

Novi Community School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Novi Community School District took in $140 million and spent $163 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

State tax money51%School district taxes33%Fees for services (school tuition and transportation, school lunches)5.6%Fines and other5.2%County and local tax money4.7%Federal tax money0.2%

What stands out

5.6%

of Novi Community School District's money comes from fees for services such as water, sewer and parking.A typical school district with 5,000 to 25,000 students gets 1.5%.

School district taxes33%

Property tax

33%$46.3 million

Fees for services5.6%

Fees for services

5.6%$7.8 million

What's in fees for servicesOther school charges; school tuition and transportation and 1 more

Other school charges$6.8 million
School tuition and transportation$723 thousand
School lunches$310 thousand

Amounts are by Census type of charge.

Federal tax money0.2%

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

From the federal government

0.2%$292 thousand

State tax money51%

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

From the state

51%$72.0 million

County and local tax money4.7%

Money passed on by the county or other local governments.

From the county and other local governments

4.7%$6.6 million

Fines and other5.2%

Interest, rents and other

5.2%$7.2 million

Where it goes

Schools and colleges95%Interest on debt4.1%Sent to other local governments1.2%

Spending by category100%

Schools and colleges

95%$154 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$154 million

Interest on debt

4.1%$6.7 million

Sent to other local governments

1.2%$2.0 million

What's in sent to other local governmentsSent to school districts

Sent to school districts$2.0 million

Sources and moreWhere these numbers come from and what they cover

Novi Community 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 Novi Community 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.