School district · Wayne County, MI

Schoolcraft Community College District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Schoolcraft Community College District took in $127 million and spent $91.6 million.

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

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Where it comes from

Fees for services (college tuition, university housing and dining)33%School district taxes32%State tax money30%Fines and other2.6%Federal tax money2.2%

What stands out

32%

of Schoolcraft Community College District's money comes from property tax.A typical community or technical college district gets 15%.

School district taxes32%

Property tax
32%$40.3 million

Fees for services33%

Fees for services
33%$42.4 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$37.2 million
  • University housing and dining$5.2 million

Amounts are by Census type of charge.

Federal tax money2.2%

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

From the federal government
2.2%$2.8 million

State tax money30%

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

From the state
30%$38.4 million

Fines and other2.6%

Interest, rents and other
2.6%$3.2 million

Where it goes

Schools and colleges96%Interest on debt3.6%

What stands out

3.6%

of Schoolcraft Community College District's spending goes to interest on debt.Most community and technical college districts spend nothing on this.

Spending by category100%

Schools and colleges
96%$88.4 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$74.7 million
  • Scholarships and other education subsidies$9.1 million
  • College housing, dining and bookstores$4.5 million
Interest on debt
3.6%$3.3 million
Sources and moreWhere these numbers come from and what they cover

Schoolcraft Community College 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 Schoolcraft Community College 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.