School district · Macomb County, MI

South Lake School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), South Lake School District took in $31.8 million and spent $33.4 million.

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

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Where it comes from

State tax money60%School district taxes30%County and local tax money5.9%Fines and other1.6%Fees for services (school lunches, school tuition and transportation)1.3%Federal tax money1.1%

What stands out

5.9%

of South Lake School District's money comes from county and other local tax money.A typical school district with fewer than 5,000 students gets 1.1%.

School district taxes30%

Property tax
30%$9.4 million

Fees for services1.3%

Fees for services
1.3%$419 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$322 thousand
  • School lunches$95 thousand
  • School tuition and transportation$2 thousand

Amounts are by Census type of charge.

Federal tax money1.1%

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

From the federal government
1.1%$352 thousand

State tax money60%

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

From the state
60%$19.2 million

County and local tax money5.9%

Money passed on by the county or other local governments.

From the county and other local governments
5.9%$1.9 million

Fines and other1.6%

Interest, rents and other
1.6%$506 thousand

Where it goes

Schools and colleges90%Interest on debt9.5%

What stands out

10%

of South Lake 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
90%$30.2 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$30.2 million
Interest on debt
9.5%$3.2 million
Sources and moreWhere these numbers come from and what they cover

South Lake 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 South Lake 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.