School district · Iosco County, MI

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

In the latest recorded fiscal year (ended June 30, 2024), Oscoda Area School District took in $21.7 million and spent $19.4 million.

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

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Where it comes from

State tax money53%School district taxes42%Fees for services (school tuition and transportation, school lunches)1.8%Fines and other1.8%County and local tax money1.0%Federal tax money0.4%

What stands out

42%

of Oscoda Area School District's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes42%

Property tax
42%$9.0 million

Fees for services1.8%

Fees for services
1.8%$393 thousand
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$308 thousand
  • School tuition and transportation$50 thousand
  • School lunches$35 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%$91 thousand

State tax money53%

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

From the state
53%$11.6 million

County and local tax money1.0%

Money passed on by the county or other local governments.

From the county and other local governments
1.0%$215 thousand

Fines and other1.8%

Interest, rents and other
1.8%$392 thousand

Where it goes

Schools and colleges98%Sent to other local governments1.9%Interest on debt0.3%

Spending by category100%

Schools and colleges
98%$19.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$19.0 million
Sent to other local governments
1.9%$362 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$362 thousand
Interest on debt
0.3%$62 thousand
Sources and moreWhere these numbers come from and what they cover

Oscoda 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 Oscoda 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.