School district · Montcalm County, MI

Vestaburg Community Schools's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Vestaburg Community Schools took in $14.9 million and spent $13.7 million.

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

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Where it comes from

State tax money77%School district taxes13%County and local tax money7.7%Fees for services (school lunches)1.7%Fines and other1.0%

What stands out

7.7%

of Vestaburg Community Schools' money comes from county and other local tax money.A typical school district with fewer than 5,000 students gets 1.1%.

School district taxes13%

Property tax
13%$1.9 million

Fees for services1.7%

Fees for services
1.7%$246 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$227 thousand
  • School lunches$19 thousand

Amounts are by Census type of charge.

State tax money77%

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

From the state
77%$11.5 million

County and local tax money7.7%

Money passed on by the county or other local governments.

From the county and other local governments
7.7%$1.2 million

Fines and other1.0%

Interest, rents and other
1.0%$147 thousand

Where it goes

Schools and colleges93%Sent to other local governments3.4%Interest on debt3.2%

What stands out

93%

of Vestaburg Community Schools' spending goes to schools and colleges.A typical school district with fewer than 5,000 students spends 97%.

Spending by category100%

Schools and colleges
93%$12.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$12.8 million
Sent to other local governments
3.4%$465 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$465 thousand
Interest on debt
3.2%$435 thousand
Sources and moreWhere these numbers come from and what they cover

Vestaburg Community 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 Vestaburg Community 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.