School district · Hillsdale County, MI

Waldron Area Schools's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Waldron Area Schools took in $4.3 million and spent $3.5 million.

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

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Where it comes from

State tax money76%School district taxes17%Fines and other5.8%County and local tax money1.0%Fees for services (school lunches)0.3%

What stands out

76%

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

School district taxes17%

Property tax
17%$739 thousand

Fees for services0.3%

Fees for services
0.3%$14 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$11 thousand
  • School lunches$3 thousand

Amounts are by Census type of charge.

State tax money76%

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

From the state
76%$3.2 million

County and local tax money1.0%

Money passed on by the county or other local governments.

From the county and other local governments
1.0%$41 thousand

Fines and other5.8%

Interest, rents and other
5.8%$247 thousand

Where it goes

Schools and colleges94%Interest on debt4.0%Sent to other local governments2.4%

What stands out

4%

of Waldron Area Schools' spending goes to interest on debt.A typical school district with fewer than 5,000 students spends 0.9%.

Spending by category100%

Schools and colleges
94%$3.3 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$3.3 million
Interest on debt
4.0%$143 thousand
Sent to other local governments
2.4%$86 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$86 thousand
Sources and moreWhere these numbers come from and what they cover

Waldron Area 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 Waldron Area 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.