School district · Saginaw County, MI

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

In the latest recorded fiscal year (ended June 30, 2024), Saginaw Township Community Schools took in $76.3 million and spent $72.8 million.

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

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Where it comes from

State tax money73%School district taxes20%Fees for services (school lunches, school tuition and transportation)3.3%County and local tax money3.3%Fines and other0.4%Federal tax money0.3%

What stands out

73%

of Saginaw Township Community Schools' money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes20%

Property tax
20%$15.1 million

Fees for services3.3%

Fees for services
3.3%$2.6 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$2.3 million
  • School lunches$222 thousand
  • School tuition and transportation$41 thousand

Amounts are by Census type of charge.

Federal tax money0.3%

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

From the federal government
0.3%$221 thousand

State tax money73%

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

From the state
73%$55.6 million

County and local tax money3.3%

Money passed on by the county or other local governments.

From the county and other local governments
3.3%$2.5 million

Fines and other0.4%

Interest, rents and other
0.4%$287 thousand

Where it goes

Schools and colleges95%Sent to other local governments4.0%Interest on debt0.9%

Spending by category100%

Schools and colleges
95%$69.3 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$69.3 million
Sent to other local governments
4.0%$2.9 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$2.9 million
Interest on debt
0.9%$623 thousand
Sources and moreWhere these numbers come from and what they cover

Saginaw Township Community 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 Saginaw Township Community 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.