School district · Huron County, MI

Verona Township School District 1 Fr's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Verona Township School District 1 Fr took in $395 thousand and spent $344 thousand.

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

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Where it comes from

State tax money70%Federal tax money13%School district taxes9.9%County and local tax money6.1%Fines and other0.5%

What stands out

13%

of Verona Township School District 1 Fr's money comes from federal tax money.Most school districts with fewer than 5,000 students get none.

School district taxes9.9%

Property tax
9.9%$39 thousand

Federal tax money13%

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

From the federal government
13%$52 thousand

State tax money70%

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

From the state
70%$278 thousand

County and local tax money6.1%

Money passed on by the county or other local governments.

From the county and other local governments
6.1%$24 thousand

Fines and other0.5%

Interest, rents and other
0.5%$2 thousand

Where it goes

Schools and colleges90%Sent to other local governments9.9%

What stands out

10%

of Verona Township School District 1 Fr's spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.

Spending by category100%

Schools and colleges
90%$310 thousand
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$310 thousand
Sent to other local governments
9.9%$34 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$34 thousand
Sources and moreWhere these numbers come from and what they cover

Verona Township School District 1 Fr. 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 Verona Township School District 1 Fr 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.