School district · Oakland County, MI

Pontiac City School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Pontiac City School District took in $105 million and spent $124 million.

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

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Where it comes from

School district taxes47%State tax money43%County and local tax money5.8%Fines and other4.2%Fees for services0.1%Federal tax money<0.1%

What stands out

47%

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

School district taxes47%

Property tax

47%$49.5 million

Fees for services0.1%

Fees for services

0.1%$118 thousand

What's in fees for servicesOther school charges

Other school charges$118 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%$61 thousand

State tax money43%

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

From the state

43%$45.1 million

County and local tax money5.8%

Money passed on by the county or other local governments.

From the county and other local governments

5.8%$6.1 million

Fines and other4.2%

Interest, rents and other

4.2%$4.5 million

Where it goes

Schools and colleges94%Interest on debt4.1%Sent to other local governments2.1%

What stands out

4.1%

of Pontiac City 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%

Schools and colleges

94%$117 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$117 million

Interest on debt

4.1%$5.1 million

Sent to other local governments

2.1%$2.6 million

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

Sent to school districts$2.6 million

Sources and moreWhere these numbers come from and what they cover

Pontiac City 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 Pontiac City 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.