School district · Otsego County, MI

Vanderbilt Area School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Vanderbilt Area School District took in $2.4 million and spent $2.2 million.

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

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Where it comes from

State tax money48%School district taxes47%County and local tax money2.6%Fines and other1.8%Federal tax money0.6%Fees for services (school lunches)0.2%

What stands out

47%

of Vanderbilt Area School District's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes47%

Property tax
47%$1.1 million

Fees for services0.2%

Fees for services
0.2%$4 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$3 thousand
  • School lunches$1 thousand

Amounts are by Census type of charge.

Federal tax money0.6%

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

From the federal government
0.6%$14 thousand

State tax money48%

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

From the state
48%$1.1 million

County and local tax money2.6%

Money passed on by the county or other local governments.

From the county and other local governments
2.6%$62 thousand

Fines and other1.8%

Interest, rents and other
1.8%$44 thousand

Where it goes

Schools and colleges100%Interest on debt0.2%

What stands out

100%

of Vanderbilt Area School District's spending goes to schools and colleges.A typical school district with fewer than 5,000 students spends 97%.

Spending by category100%

Schools and colleges
100%$2.2 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$2.2 million
Interest on debt
0.2%$4 thousand
Sources and moreWhere these numbers come from and what they cover

Vanderbilt Area 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 Vanderbilt Area 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.