School district · Marquette County, MI

Powell Township Schools's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Powell Township Schools took in $1.9 million and spent $1.8 million.

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

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Where it comes from

School district taxes65%State tax money20%Fines and other7.5%County and local tax money4.8%Federal tax money2.5%Fees for services (school lunches)0.4%

What stands out

65%

of Powell Township Schools' money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes65%

Property tax
65%$1.3 million

Fees for services0.4%

Fees for services
0.4%$7 thousand
What's in fees for servicesSchool lunches and other school charges
  • School lunches$4 thousand
  • Other school charges$3 thousand

Amounts are by Census type of charge.

Federal tax money2.5%

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

From the federal government
2.5%$48 thousand

State tax money20%

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

From the state
20%$390 thousand

County and local tax money4.8%

Money passed on by the county or other local governments.

From the county and other local governments
4.8%$94 thousand

Fines and other7.5%

Interest, rents and other
7.5%$145 thousand

Where it goes

Schools and colleges96%Sent to other local governments4.1%

Spending by category100%

Schools and colleges
96%$1.7 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$1.7 million
Sent to other local governments
4.1%$73 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$73 thousand
Sources and moreWhere these numbers come from and what they cover

Powell Township 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 Powell Township 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.