School district · Ionia County, MI

Saranac Community School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Saranac Community School District took in $14.8 million and spent $12.8 million.

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

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Where it comes from

State tax money70%School district taxes24%County and local tax money2.8%Fees for services (school lunches)2.0%Fines and other1.9%

What stands out

70%

of Saranac Community School District's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes24%

Property tax
24%$3.5 million

Fees for services2.0%

Fees for services
2.0%$302 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$278 thousand
  • School lunches$24 thousand

Amounts are by Census type of charge.

State tax money70%

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

From the state
70%$10.3 million

County and local tax money2.8%

Money passed on by the county or other local governments.

From the county and other local governments
2.8%$410 thousand

Fines and other1.9%

Interest, rents and other
1.9%$277 thousand

Where it goes

Schools and colleges88%Sent to other local governments7.2%Interest on debt5.2%

What stands out

7.2%

of Saranac Community School District's spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.

Spending by category100%

Schools and colleges
88%$11.2 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$11.2 million
Sent to other local governments
7.2%$919 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$919 thousand
Interest on debt
5.2%$671 thousand
Sources and moreWhere these numbers come from and what they cover

Saranac 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 Saranac 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.