School district · Tuscola County, MI

Vassar Public Schools's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Vassar Public Schools took in $17.0 million and spent $15.7 million.

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

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Where it comes from

State tax money82%School district taxes12%County and local tax money2.6%Fees for services (school lunches)1.7%Fines and other0.9%Federal tax money0.5%

What stands out

82%

of Vassar Public Schools' money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes12%

Property tax
12%$2.1 million

Fees for services1.7%

Fees for services
1.7%$293 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$284 thousand
  • School lunches$9 thousand

Amounts are by Census type of charge.

Federal tax money0.5%

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

From the federal government
0.5%$80 thousand

State tax money82%

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

From the state
82%$13.9 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%$442 thousand

Fines and other0.9%

Interest, rents and other
0.9%$161 thousand

Where it goes

Schools and colleges93%Sent to other local governments5.0%Interest on debt2.4%

What stands out

5%

of Vassar Public 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
93%$14.5 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$14.5 million
Sent to other local governments
5.0%$780 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$780 thousand
Interest on debt
2.4%$381 thousand
Sources and moreWhere these numbers come from and what they cover

Vassar Public 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 Vassar Public 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.