School district · Wayne County, MI

Taylor Public School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Taylor Public School District took in $132 million and spent $113 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

State tax money71%School district taxes15%County and local tax money11%Fines and other3.0%Fees for services (school lunches)0.4%Federal tax money0.1%

What stands out

11%

of Taylor Public School District's money comes from county and other local tax money.A typical school district with 5,000 to 25,000 students gets 1%.

School district taxes15%

Property tax

15%$20.3 million

Fees for services0.4%

Fees for services

0.4%$508 thousand

What's in fees for servicesOther school charges and school lunches

Other school charges$444 thousand
School lunches$64 thousand

Amounts are by Census type of charge.

Federal tax money0.1%

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

From the federal government

0.1%$157 thousand

State tax money71%

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

From the state

71%$92.9 million

County and local tax money11%

Money passed on by the county or other local governments.

From the county and other local governments

11%$13.9 million

Fines and other3.0%

Interest, rents and other

3.0%$3.9 million

Where it goes

Schools and colleges98%Interest on debt1.2%Sent to other local governments0.5%

Spending by category100%

Schools and colleges

98%$111 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$111 million

Interest on debt

1.2%$1.4 million

Sent to other local governments

0.5%$538 thousand

What's in sent to other local governmentsSent to school districts

Sent to school districts$538 thousand

Sources and moreWhere these numbers come from and what they cover

Taylor Public 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 Taylor Public 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.