School district · Luce County, MI

Tahquamenon Area Schools's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Tahquamenon Area Schools took in $10.5 million and spent $14.2 million.

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

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Where it comes from

State tax money43%School district taxes42%County and local tax money11%Fines and other2.1%Fees for services (school lunches, school tuition and transportation)1.7%

What stands out

11%

of Tahquamenon Area Schools' money comes from county and other local tax money.A typical school district with fewer than 5,000 students gets 1.1%.

School district taxes42%

Property tax
42%$4.4 million

Fees for services1.7%

Fees for services
1.7%$174 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$164 thousand
  • School lunches$6 thousand
  • School tuition and transportation$4 thousand

Amounts are by Census type of charge.

State tax money43%

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

From the state
43%$4.5 million

County and local tax money11%

Money passed on by the county or other local governments.

From the county and other local governments
11%$1.2 million

Fines and other2.1%

Interest, rents and other
2.1%$219 thousand

Where it goes

Schools and colleges86%Sent to other local governments12%Interest on debt1.9%

What stands out

12%

of Tahquamenon Area Schools' spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.

Spending by category100%

Schools and colleges
86%$12.3 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$12.3 million
Sent to other local governments
12%$1.7 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$1.7 million
Interest on debt
1.9%$271 thousand
Sources and moreWhere these numbers come from and what they cover

Tahquamenon Area 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 Tahquamenon Area 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.