School district · Ingham County, MI

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

In the latest recorded fiscal year (ended June 30, 2024), Waverly School District took in $63.3 million and spent $85.9 million.

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

See every government that serves your ZIP

Where it comes from

State tax money58%School district taxes27%County and local tax money8.3%Fines and other5.1%Fees for services (school tuition and transportation, school lunches)1.6%

What stands out

8.3%

of Waverly School District's money comes from county and other local tax money.A typical school district with fewer than 5,000 students gets 1.1%.

School district taxes27%

Property tax
27%$16.8 million

Fees for services1.6%

Fees for services
1.6%$990 thousand
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$919 thousand
  • School tuition and transportation$36 thousand
  • School lunches$35 thousand

Amounts are by Census type of charge.

State tax money58%

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

From the state
58%$37.0 million

County and local tax money8.3%

Money passed on by the county or other local governments.

From the county and other local governments
8.3%$5.2 million

Fines and other5.1%

Interest, rents and other
5.1%$3.3 million

Where it goes

Schools and colleges93%Sent to other local governments4.0%Interest on debt2.5%

What stands out

93%

of Waverly 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
93%$80.3 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$80.3 million
Sent to other local governments
4.0%$3.5 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$3.5 million
Interest on debt
2.5%$2.1 million
Sources and moreWhere these numbers come from and what they cover

Waverly 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 Waverly 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.