School district · Grand Traverse County, MI

Traverse Bay Area Independent School District (resa)'s money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Traverse Bay Area Independent School District (resa) took in $107 million and spent $94.9 million.

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

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Where it comes from

State tax money47%School district taxes41%Fines and other6.6%County and local tax money4.9%Fees for services (school tuition and transportation)0.5%Federal tax money<0.1%

What stands out

41%

of Traverse Bay Area Independent School District (resa)'s money comes from property tax.Most vocational schools and education service agencies get none.

School district taxes41%

Property tax
41%$43.5 million

Fees for services0.5%

Fees for services
0.5%$499 thousand
What's in fees for servicesOther school charges and school tuition and transportation
  • Other school charges$304 thousand
  • School tuition and transportation$195 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$54 thousand

State tax money47%

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

From the state
47%$50.7 million

County and local tax money4.9%

Money passed on by the county or other local governments.

From the county and other local governments
4.9%$5.3 million

Fines and other6.6%

Interest, rents and other
6.6%$7.0 million

Where it goes

Schools and colleges87%Sent to other local governments13%

What stands out

13%

of Traverse Bay Area Independent School District (resa)'s spending goes to local governments.Most vocational schools and education service agencies spend nothing on this.

Spending by category100%

Schools and colleges
87%$82.4 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$82.4 million
Sent to other local governments
13%$12.5 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$12.5 million
Sources and moreWhere these numbers come from and what they cover

Traverse Bay Area Independent School District (resa). 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 Traverse Bay Area Independent School District (resa) 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.