School district · Cuyahoga County, OH

Polaris Cc's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Polaris Cc took in $29.4 million and spent $29.3 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

School district taxes49%State tax money40%Fees for services (school tuition and transportation)7.4%Fines and other3.3%

What stands out

49%

of Polaris Cc's money comes from property tax.Most vocational schools and education service agencies get none.

School district taxes49%

Property tax

49%$14.5 million

Fees for services7.4%

Fees for services

7.4%$2.2 million

What's in fees for servicesSchool tuition and transportation and other school charges

School tuition and transportation$2.1 million
Other school charges$109 thousand

Amounts are by Census type of charge.

State tax money40%

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

From the state

40%$11.8 million

Fines and other3.3%

Interest, rents and other

3.3%$978 thousand

Where it goes

Schools and colleges88%Interest on debt12%Sent to other local governments<0.1%

What stands out

12%

of Polaris Cc's spending goes to interest on debt.Most vocational schools and education service agencies spend nothing on this.

Spending by category100%

Schools and colleges

88%$25.7 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$25.7 million

Interest on debt

12%$3.6 million

Sent to other local governments

<0.1%$23 thousand

What's in sent to other local governmentsSent to the state government

Sent to the state government$23 thousand

Sources and moreWhere these numbers come from and what they cover

Polaris Cc. 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 Polaris Cc 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.