School district · Eaton County, MI
Olivet Community School District's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2024), Olivet Community School District took in $22.4 million and spent $19.9 million.
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Where it comes from
What stands out
of Olivet Community School District's money comes from county and other local tax money.A typical school district with fewer than 5,000 students gets 1.1%.
School district taxes16%
Fees for services2.5%
What's in fees for servicesOther school charges and school lunches
- Other school charges$539 thousand
- School lunches$24 thousand
Amounts are by Census type of charge.
State tax money75%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money4.9%
Money passed on by the county or other local governments.
Fines and other1.0%
Where it goes
What stands out
of Olivet Community School District's spending goes to interest on debt.A typical school district with fewer than 5,000 students spends 0.9%.
Spending by category100%
What's in schools and collegesElementary and secondary schools
- Elementary and secondary schools$19.0 million
What's in sent to other local governmentsSent to school districts
- Sent to school districts$5 thousand
Sources and moreWhere these numbers come from and what they cover
Olivet 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 Olivet 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.